Equities research analysts expect Nice Ltd (NASDAQ:NICE) to announce earnings of $1.11 per share for the current quarter, according to Zacks Investment Research. Five analysts have made estimates for Nice’s earnings. The lowest EPS estimate is $1.10 and the highest is $1.13. Nice posted earnings of $1.03 per share during the same quarter last year, which would indicate a positive year over year growth rate of 7.8%. The company is scheduled to issue its next quarterly earnings report on Thursday, May 9th.

On average, analysts expect that Nice will report full-year earnings of $5.17 per share for the current fiscal year, with EPS estimates ranging from $5.14 to $5.22. For the next year, analysts forecast that the business will report earnings of $5.61 per share, with EPS estimates ranging from $5.52 to $5.70. Zacks’ EPS calculations are an average based on a survey of sell-side research analysts that follow Nice.

Nice (NASDAQ:NICE) last released its quarterly earnings results on Thursday, February 14th. The technology company reported $1.24 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.20 by $0.04. Nice had a return on equity of 9.15% and a net margin of 11.03%. The firm had revenue of $420.00 million for the quarter, compared to analyst estimates of $417.05 million. During the same quarter last year, the company posted $1.35 earnings per share. The business’s revenue was up 7.1% on a year-over-year basis.

NICE has been the topic of a number of analyst reports. Zacks Investment Research raised Nice from a “hold” rating to a “strong-buy” rating and set a $127.00 price objective on the stock in a report on Friday, November 23rd. BidaskClub raised Nice from a “hold” rating to a “buy” rating in a report on Tuesday, December 18th. Morgan Stanley lifted their price objective on Nice from $107.00 to $117.00 and gave the company an “equal weight” rating in a report on Monday, January 7th. ValuEngine lowered Nice from a “strong-buy” rating to a “buy” rating in a report on Thursday, February 7th. Finally, reaffirmed a “buy” rating and issued a $125.00 price objective on shares of Nice in a report on Thursday, February 14th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company’s stock. Nice has an average rating of “Hold” and a consensus target price of $122.22.

Several hedge funds have recently bought and sold shares of the company. Janus Henderson Group PLC lifted its position in shares of Nice by 1.0% during the 3rd quarter. Janus Henderson Group PLC now owns 5,084,193 shares of the technology company’s stock valued at $581,988,000 after acquiring an additional 48,091 shares during the period. William Blair Investment Management LLC lifted its position in shares of Nice by 17.7% during the 3rd quarter. William Blair Investment Management LLC now owns 1,132,026 shares of the technology company’s stock valued at $129,585,000 after acquiring an additional 170,578 shares during the period. Investec Asset Management LTD lifted its position in shares of Nice by 5.3% during the 4th quarter. Investec Asset Management LTD now owns 858,126 shares of the technology company’s stock valued at $92,858,000 after acquiring an additional 43,302 shares during the period. Principal Financial Group Inc. lifted its position in shares of Nice by 45.2% during the 4th quarter. Principal Financial Group Inc. now owns 802,621 shares of the technology company’s stock valued at $86,852,000 after acquiring an additional 249,722 shares during the period. Finally, FMR LLC lifted its position in shares of Nice by 63.8% during the 4th quarter. FMR LLC now owns 643,304 shares of the technology company’s stock valued at $69,612,000 after acquiring an additional 250,650 shares during the period. Institutional investors own 45.19% of the company’s stock.

NICE traded up $1.33 during trading on Friday, reaching $118.99. The company’s stock had a trading volume of 218,868 shares, compared to its average volume of 163,352. Nice has a 52-week low of $88.74 and a 52-week high of $119.83. The firm has a market capitalization of $7.02 billion, a PE ratio of 30.91, a P/E/G ratio of 2.60 and a beta of 0.82. The company has a current ratio of 1.38, a quick ratio of 1.34 and a debt-to-equity ratio of 0.23.

Nice Company Profile

NICE Ltd. provides enterprise software solutions worldwide. It operates in two segments, Customer Engagement and Financial Crime and Compliance. The Customer Engagement segment offers platform and solutions that empower businesses to deliver consistent and personalized experience across the customer journey, and delivered in the cloud, as well as on premise.

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Earnings History and Estimates for Nice (NASDAQ:NICE)

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