Nice Systems Ltd. (NICE) Sees Strong Trading Volume
Nice Systems Ltd. (NASDAQ:NICE) shares saw unusually-high trading volume on Tuesday . Approximately 124,225 shares were traded during trading, an increase of 23% from the previous session’s volume of 101,325 shares.The stock last traded at $67.83 and had previously closed at $67.47.
NICE has been the subject of several research reports. JMP Securities upgraded shares of Nice Systems from a “market perform” rating to an “outperform” rating and set a $78.00 price target for the company in a report on Thursday, May 26th. Zacks Investment Research upgraded shares of Nice Systems from a “hold” rating to a “buy” rating and set a $72.00 price target for the company in a report on Wednesday, May 11th. Imperial Capital reiterated an “outperform” rating and issued a $74.00 target price on shares of Nice Systems in a research note on Sunday, July 17th. Chardan Capital lifted their target price on shares of Nice Systems from $70.00 to $72.00 and gave the company a “buy” rating in a research note on Thursday, July 28th. Finally, JPMorgan Chase & Co. reiterated a “buy” rating on shares of Nice Systems in a research note on Thursday, June 30th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Nice Systems currently has a consensus rating of “Buy” and an average price target of $72.75.
The stock has a market capitalization of $4.05 billion and a price-to-earnings ratio of 15.92. The firm has a 50 day moving average price of $66.68 and a 200 day moving average price of $64.00.
Nice Systems (NASDAQ:NICE) last posted its earnings results on Thursday, July 28th. The company reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.04. The business had revenue of $235.40 million for the quarter, compared to the consensus estimate of $234.79 million. Nice Systems’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.70 earnings per share. On average, equities analysts anticipate that Nice Systems Ltd. will post $3.55 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 31st. Investors of record on Monday, August 15th will be paid a dividend of $0.131 per share. The ex-dividend date of this dividend is Thursday, August 11th. This represents a $0.52 dividend on an annualized basis and a yield of 0.77%.
NICE-Systems Ltd. is a global software company. The Company provides solutions for enterprises and security-sensitive organizations for the prevention of financial crimes and fraud, and for security and public safety. It operates in three segments: Customer Interactions Solutions, Security Solutions and Financial Crime and Compliance Solutions.
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