Shares of Nice Ltd (NASDAQ:NICE) have earned a consensus recommendation of “Buy” from the thirteen analysts that are currently covering the firm, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $138.10.

NICE has been the topic of several research reports. Barclays increased their price target on shares of Nice from $124.00 to $150.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 24th. JMP Securities restated an “outperform” rating and set a $140.00 target price (up previously from $120.00) on shares of Nice in a research report on Monday, April 22nd. ValuEngine lowered shares of Nice from a “strong-buy” rating to a “buy” rating in a research report on Thursday, February 7th. restated a “buy” rating and set a $125.00 target price on shares of Nice in a research report on Thursday, February 14th. Finally, Wedbush restated a “buy” rating and set a $160.00 target price on shares of Nice in a research report on Thursday.

Several hedge funds have recently modified their holdings of NICE. BlackRock Inc. purchased a new stake in shares of Nice in the third quarter worth about $1,510,000. Dimensional Fund Advisors LP raised its holdings in shares of Nice by 0.9% in the third quarter. Dimensional Fund Advisors LP now owns 119,746 shares of the technology company’s stock worth $13,707,000 after buying an additional 1,054 shares during the period. Navellier & Associates Inc raised its holdings in shares of Nice by 0.8% in the fourth quarter. Navellier & Associates Inc now owns 13,288 shares of the technology company’s stock worth $1,438,000 after buying an additional 105 shares during the period. Virtu Financial LLC raised its holdings in shares of Nice by 79.9% in the fourth quarter. Virtu Financial LLC now owns 3,430 shares of the technology company’s stock worth $371,000 after buying an additional 1,523 shares during the period. Finally, Quadrant Capital Group LLC raised its holdings in shares of Nice by 331.8% in the fourth quarter. Quadrant Capital Group LLC now owns 1,222 shares of the technology company’s stock worth $127,000 after buying an additional 939 shares during the period. 45.03% of the stock is currently owned by institutional investors and hedge funds.

Shares of NICE stock traded up $12.30 during trading hours on Thursday, hitting $144.37. The company’s stock had a trading volume of 571,079 shares, compared to its average volume of 174,798. The firm has a market capitalization of $8.11 billion, a PE ratio of 37.50, a P/E/G ratio of 2.95 and a beta of 0.86. Nice has a twelve month low of $100.54 and a twelve month high of $140.29. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.38 and a quick ratio of 1.38.

Nice (NASDAQ:NICE) last released its quarterly earnings results on Thursday, May 16th. The technology company reported $1.18 EPS for the quarter, beating the consensus estimate of $1.11 by $0.07. The business had revenue of $377.00 million for the quarter, compared to analyst estimates of $375.18 million. Nice had a net margin of 11.03% and a return on equity of 9.15%. The company’s quarterly revenue was up 12.4% on a year-over-year basis. During the same period in the prior year, the business earned $1.03 earnings per share. As a group, sell-side analysts anticipate that Nice will post 4.35 earnings per share for the current year.

Nice Company Profile

NICE Ltd. provides enterprise software solutions worldwide. The company 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 optimize business performance and ensure compliance.

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Analyst Recommendations for Nice (NASDAQ:NICE)

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