NICE (NICE) Scheduled to Post Quarterly Earnings on Thursday

NICE (NASDAQ:NICE) will post its quarterly earnings results before the market opens on Thursday, November 14th. Analysts expect NICE to post earnings of $2.68 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

NICE (NASDAQ:NICE) last announced its quarterly earnings results on Thursday, August 15th. The technology company reported $2.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.58 by $0.06. The business had revenue of $664.40 million during the quarter, compared to the consensus estimate of $664.10 million. NICE had a return on equity of 14.68% and a net margin of 15.55%. NICE’s revenue was up 14.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.63 earnings per share. On average, analysts expect NICE to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

NICE Price Performance

NICE opened at $192.89 on Wednesday. NICE has a 1 year low of $151.52 and a 1 year high of $270.73. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.45 and a quick ratio of 2.45. The company has a market capitalization of $12.13 billion, a price-to-earnings ratio of 32.20, a P/E/G ratio of 1.54 and a beta of 1.04. The firm’s fifty day moving average price is $171.59 and its two-hundred day moving average price is $178.54.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on NICE. Northland Securities reduced their price objective on shares of NICE from $305.00 to $275.00 and set an “outperform” rating for the company in a research report on Friday, August 16th. Barclays reduced their target price on NICE from $320.00 to $286.00 and set an “overweight” rating for the company in a report on Thursday, July 25th. Royal Bank of Canada reiterated an “outperform” rating and set a $260.00 price target on shares of NICE in a report on Thursday, October 3rd. JMP Securities reaffirmed a “market outperform” rating and set a $300.00 target price on shares of NICE in a research report on Friday, August 16th. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $225.00 price target on shares of NICE in a report on Tuesday, August 13th. Sixteen investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $269.64.

About NICE

NICE Ltd., together with its subsidiaries, provides cloud platforms for AI-driven digital business solutions worldwide. It offers CXone, a cloud native open platform; Enlighten, an AI engine for the customer engagement market; and smart self service enable organizations to address consumers' needs; and journey orchestration solutions that empower organizations to connect and route customers to deal with the customer's request, and connects them using real time AI-based routing.