Nice Systems Ltd. (NASDAQ:NICE) has earned an average rating of “Hold” from the nine ratings firms that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $80.60.

Several equities analysts have recently weighed in on NICE shares. Chardan Capital raised their target price on Nice Systems from $76.00 to $84.00 and gave the company a “buy” rating in a research report on Monday. Zacks Investment Research upgraded Nice Systems from a “strong sell” rating to a “hold” rating in a research report on Wednesday, April 19th. Barclays PLC restated a “hold” rating on shares of Nice Systems in a research report on Monday. BidaskClub downgraded Nice Systems from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th. Finally, Citigroup Inc. started coverage on Nice Systems in a research report on Wednesday, June 7th. They issued a “neutral” rating and a $82.00 target price on the stock.

Nice Systems (NICE) traded up 0.05% on Friday, reaching $76.62. The company had a trading volume of 37,662 shares. The stock has a market capitalization of $4.61 billion, a PE ratio of 47.30 and a beta of 0.87. Nice Systems has a 1-year low of $63.72 and a 1-year high of $81.16.

Nice Systems (NASDAQ:NICE) last released its earnings results on Thursday, August 3rd. The technology company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.01. The business had revenue of $315.30 million for the quarter, compared to the consensus estimate of $313.44 million. Nice Systems had a return on equity of 11.14% and a net margin of 7.99%. The business’s quarterly revenue was up 33.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.79 earnings per share. Analysts expect that Nice Systems will post $4.00 earnings per share for the current fiscal year.

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Institutional investors have recently made changes to their positions in the company. Asset Management One Co. Ltd. increased its position in shares of Nice Systems by 12.8% in the first quarter. Asset Management One Co. Ltd. now owns 2,650 shares of the technology company’s stock worth $180,000 after buying an additional 300 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Nice Systems by 739.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 3,096 shares of the technology company’s stock worth $210,000 after buying an additional 2,727 shares during the last quarter. Eagle Boston Investment Management Inc. increased its position in shares of Nice Systems by 15.0% in the first quarter. Eagle Boston Investment Management Inc. now owns 3,526 shares of the technology company’s stock worth $239,000 after buying an additional 459 shares during the last quarter. SG Americas Securities LLC increased its position in shares of Nice Systems by 98.5% in the first quarter. SG Americas Securities LLC now owns 3,693 shares of the technology company’s stock worth $251,000 after buying an additional 1,833 shares during the last quarter. Finally, World Asset Management Inc increased its position in shares of Nice Systems by 1.2% in the first quarter. World Asset Management Inc now owns 3,742 shares of the technology company’s stock worth $254,000 after buying an additional 43 shares during the last quarter. Hedge funds and other institutional investors own 43.70% of the company’s stock.

Nice Systems Company Profile

NICE Ltd., formerly NICE-Systems Ltd., is a global enterprise software provider. The Company’s segments include Customer Interactions Solutions, and Financial Crime and Compliance Solutions. The Customer Interactions Solutions segment provides data driven insights that enable businesses to deliver personalized experience to customers.

Analyst Recommendations for Nice Systems (NASDAQ:NICE)

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