Nice (NASDAQ:NICE) was upgraded by stock analysts at BidaskClub from a “hold” rating to a “buy” rating in a research note issued on Friday, BidAskClub reports.

Several other research analysts have also commented on NICE. Rosenblatt Securities reiterated a “buy” rating and set a $195.00 price objective on shares of Nice in a research note on Thursday, May 14th. Wedbush boosted their price objective on shares of Nice from $200.00 to $230.00 in a research note on Wednesday, June 24th. JPMorgan Chase & Co. lowered shares of Nice from a “neutral” rating to an “underweight” rating and set a $172.00 price target on the stock. in a research note on Friday, June 26th. Oppenheimer upped their price target on shares of Nice from $180.00 to $200.00 and gave the company an “outperform” rating in a research note on Thursday, June 18th. Finally, Jefferies Financial Group upped their price target on shares of Nice from $180.00 to $195.00 and gave the company a “buy” rating in a research note on Thursday, May 14th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $190.64.

Shares of Nice stock traded up $0.17 on Friday, hitting $205.24. 148,725 shares of the company’s stock were exchanged, compared to its average volume of 231,936. The company has a 50-day simple moving average of $194.09 and a 200-day simple moving average of $173.13. The stock has a market capitalization of $12.81 billion, a PE ratio of 68.41, a PEG ratio of 4.34 and a beta of 0.79. Nice has a 1 year low of $110.59 and a 1 year high of $206.50. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.93 and a current ratio of 0.93.

Nice (NASDAQ:NICE) last announced its quarterly earnings results on Thursday, May 14th. The technology company reported $1.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.32 by $0.02. The company had revenue of $411.21 million for the quarter, compared to the consensus estimate of $409.87 million. Nice had a net margin of 12.13% and a return on equity of 13.07%. On average, analysts expect that Nice will post 4.73 EPS for the current fiscal year.

Several hedge funds and other institutional investors have recently modified their holdings of NICE. Willingdon Wealth Management acquired a new stake in Nice during the 1st quarter worth approximately $26,000. NEXT Financial Group Inc boosted its position in Nice by 237.0% during the 1st quarter. NEXT Financial Group Inc now owns 182 shares of the technology company’s stock worth $26,000 after acquiring an additional 128 shares during the period. Cornerstone Advisors Inc. boosted its position in Nice by 149.0% during the 1st quarter. Cornerstone Advisors Inc. now owns 249 shares of the technology company’s stock worth $36,000 after acquiring an additional 149 shares during the period. Signaturefd LLC boosted its position in Nice by 10.9% during the 1st quarter. Signaturefd LLC now owns 824 shares of the technology company’s stock worth $118,000 after acquiring an additional 81 shares during the period. Finally, Fifth Third Bancorp boosted its position in Nice by 11.3% during the 1st quarter. Fifth Third Bancorp now owns 1,404 shares of the technology company’s stock worth $202,000 after acquiring an additional 143 shares during the period. Institutional investors and hedge funds own 52.02% of the company’s stock.

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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