Nice (NASDAQ:NICE) updated its first quarter 2020
Pre-Market earnings guidance on Thursday. The company provided earnings per share guidance of 1.27-1.37 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.32. The company issued revenue guidance of $406-416 million, compared to the consensus revenue estimate of $410.79 million.Nice also updated its FY 2020
Pre-Market guidance to 5.65-5.85 EPS.

Several research firms recently commented on NICE. DA Davidson restated a neutral rating and set a $175.00 price target on shares of Nice in a research report on Friday. They noted that the move was a valuation call. Citigroup raised their price target on shares of Nice from $156.00 to $193.00 and gave the company a neutral rating in a research report on Friday. Wedbush raised their price target on shares of Nice from $185.00 to $200.00 and gave the company an outperform rating in a research report on Friday. BidaskClub upgraded shares of Nice from a hold rating to a buy rating in a research report on Friday, January 10th. Finally, Rosenblatt Securities raised their price target on shares of Nice from $187.00 to $195.00 and gave the company a buy rating in a research report on Friday. Eight investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Nice presently has a consensus rating of Hold and an average price target of $176.00.

Shares of NASDAQ NICE traded up $1.96 during trading on Friday, hitting $179.09. The company had a trading volume of 284,610 shares, compared to its average volume of 300,494. The stock has a fifty day simple moving average of $168.81 and a two-hundred day simple moving average of $156.01. Nice has a fifty-two week low of $112.60 and a fifty-two week high of $182.06. The firm has a market capitalization of $10.79 billion, a price-to-earnings ratio of 61.76, a price-to-earnings-growth ratio of 3.54 and a beta of 0.69. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.26.

Nice (NASDAQ:NICE) last announced its earnings results on Thursday, November 14th. The technology company reported $1.06 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.10 by ($0.04). Nice had a net margin of 11.99% and a return on equity of 13.14%. The company had revenue of $387.13 million during the quarter, compared to analyst estimates of $385.04 million. On average, analysts anticipate that Nice will post 4.36 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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