NiCE (NASDAQ:NICE) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of NiCE (NASDAQ:NICE) have been given a consensus recommendation of “Moderate Buy” by the fourteen ratings firms that are covering the company, MarketBeat reports. Five investment analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $170.5385.

Several research analysts have issued reports on the stock. Cantor Fitzgerald lowered their price target on shares of NiCE from $154.00 to $133.00 and set a “neutral” rating for the company in a report on Tuesday. Citigroup boosted their target price on shares of NiCE from $209.00 to $211.00 and gave the company a “buy” rating in a report on Friday, November 14th. Jefferies Financial Group cut their price target on shares of NiCE from $152.00 to $136.00 and set a “hold” rating on the stock in a research report on Tuesday. Mizuho decreased their price target on NiCE from $185.00 to $150.00 and set an “outperform” rating for the company in a report on Tuesday. Finally, DA Davidson dropped their price objective on NiCE from $150.00 to $130.00 and set a “neutral” rating on the stock in a research note on Tuesday.

Institutional Trading of NiCE

Large investors have recently modified their holdings of the stock. Seelaus Asset Management LLC lifted its position in shares of NiCE by 4.6% during the 3rd quarter. Seelaus Asset Management LLC now owns 1,691 shares of the technology company’s stock valued at $245,000 after acquiring an additional 75 shares during the period. Inspire Advisors LLC increased its stake in NiCE by 2.5% in the third quarter. Inspire Advisors LLC now owns 3,302 shares of the technology company’s stock valued at $478,000 after purchasing an additional 79 shares in the last quarter. Dorsey & Whitney Trust CO LLC raised its holdings in shares of NiCE by 6.7% during the second quarter. Dorsey & Whitney Trust CO LLC now owns 1,492 shares of the technology company’s stock valued at $252,000 after purchasing an additional 94 shares during the period. Richardson Financial Services Inc. boosted its position in shares of NiCE by 99.0% during the 2nd quarter. Richardson Financial Services Inc. now owns 199 shares of the technology company’s stock worth $33,000 after purchasing an additional 99 shares in the last quarter. Finally, Investors Research Corp grew its stake in shares of NiCE by 4.2% in the 2nd quarter. Investors Research Corp now owns 2,486 shares of the technology company’s stock valued at $420,000 after buying an additional 100 shares during the period. Institutional investors and hedge funds own 63.34% of the company’s stock.

NiCE Trading Down 3.8%

Shares of NICE opened at $101.63 on Friday. The stock’s 50-day moving average price is $135.37 and its two-hundred day moving average price is $149.92. NiCE has a 12 month low of $99.12 and a 12 month high of $193.52. The company has a market capitalization of $6.43 billion, a PE ratio of 12.14, a PEG ratio of 1.16 and a beta of 0.98.

NiCE (NASDAQ:NICE) last issued its quarterly earnings results on Thursday, November 13th. The technology company reported $3.18 earnings per share for the quarter, beating the consensus estimate of $3.17 by $0.01. The company had revenue of $732.00 million during the quarter, compared to analysts’ expectations of $728.07 million. NiCE had a return on equity of 17.43% and a net margin of 18.92%.The business’s quarterly revenue was up 6.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.88 earnings per share. NiCE has set its FY 2025 guidance at 12.180-12.320 EPS. Equities research analysts predict that NiCE will post 9.85 EPS for the current fiscal year.

NiCE Company Profile

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 enables 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.