Nice Systems Ltd. (NASDAQ:NICE) has earned a consensus rating of “Hold” from the eleven ratings firms that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $82.00.

Several brokerages recently commented on NICE. Barclays PLC reaffirmed a “hold” rating on shares of Nice Systems in a research report on Monday, August 7th. Chardan Capital increased their price objective on shares of Nice Systems from $84.00 to $91.00 and gave the company a “buy” rating in a research report on Monday, October 16th. Oppenheimer Holdings, Inc. increased their price objective on shares of Nice Systems from $80.00 to $85.00 and gave the company an “outperform” rating in a research report on Friday, August 4th. BidaskClub lowered shares of Nice Systems from a “hold” rating to a “sell” rating in a research report on Thursday, August 3rd. Finally, Jefferies Group LLC began coverage on shares of Nice Systems in a research report on Friday, October 6th. They issued a “hold” rating and a $84.00 price objective for the company.

Shares of Nice Systems (NASDAQ:NICE) traded down 0.82% during mid-day trading on Wednesday, hitting $81.47. 89,016 shares of the stock were exchanged. Nice Systems has a 52-week low of $63.72 and a 52-week high of $83.95. The firm has a market cap of $4.91 billion, a price-to-earnings ratio of 53.25 and a beta of 0.89. The stock has a 50-day moving average price of $80.64 and a 200 day moving average price of $76.53.

Nice Systems (NASDAQ:NICE) last announced its quarterly earnings data on Thursday, August 3rd. The technology company reported $0.33 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.32 by $0.01. The firm had revenue of $315.30 million during the quarter, compared to analyst estimates of $313.44 million. Nice Systems had a net margin of 7.99% and a return on equity of 11.14%. Nice Systems’s revenue was up 33.9% on a year-over-year basis. During the same period last year, the firm posted $0.79 EPS. On average, equities research analysts expect that Nice Systems will post $4.02 earnings per share for the current year.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Parametric Portfolio Associates LLC raised its position in Nice Systems by 31.1% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 201,670 shares of the technology company’s stock worth $15,875,000 after buying an additional 47,895 shares during the last quarter. Penn Capital Management Co. Inc. raised its position in Nice Systems by 14.5% during the 2nd quarter. Penn Capital Management Co. Inc. now owns 198,063 shares of the technology company’s stock worth $15,733,000 after buying an additional 25,057 shares during the last quarter. Investec Asset Management LTD raised its position in Nice Systems by 1.9% during the 2nd quarter. Investec Asset Management LTD now owns 752,316 shares of the technology company’s stock worth $59,222,000 after buying an additional 14,075 shares during the last quarter. Investec Asset Management North America Inc. raised its position in Nice Systems by 1.8% during the 2nd quarter. Investec Asset Management North America Inc. now owns 56,251 shares of the technology company’s stock worth $4,428,000 after buying an additional 972 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in Nice Systems by 16.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 5,014 shares of the technology company’s stock worth $395,000 after buying an additional 724 shares during the last quarter. 43.82% of the stock is owned by institutional investors.

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About Nice Systems

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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