Wall Street analysts predict that Nice Ltd (NASDAQ:NICE) will announce earnings of $1.07 per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Nice’s earnings, with estimates ranging from $1.04 to $1.10. Nice posted earnings per share of $0.95 during the same quarter last year, which would indicate a positive year-over-year growth rate of 12.6%. The company is scheduled to issue its next earnings results on Thursday, November 1st.

On average, analysts expect that Nice will report full year earnings of $4.57 per share for the current year, with EPS estimates ranging from $4.54 to $4.61. For the next fiscal year, analysts expect that the company will report earnings of $5.02 per share, with EPS estimates ranging from $4.92 to $5.08. Zacks’ EPS calculations are an average based on a survey of sell-side research analysts that cover Nice.

Nice (NASDAQ:NICE) last posted its quarterly earnings results on Thursday, August 9th. The technology company reported $0.54 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.57 by ($0.03). Nice had a return on equity of 9.15% and a net margin of 11.73%. The company had revenue of $345.41 million during the quarter, compared to analysts’ expectations of $342.49 million.

Several equities analysts have recently weighed in on NICE shares. Barclays set a $100.00 target price on shares of Nice and gave the company a “hold” rating in a report on Thursday, May 10th. Zacks Investment Research cut shares of Nice from a “strong-buy” rating to a “hold” rating in a research report on Saturday, May 12th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $119.00 target price on shares of Nice in a research report on Wednesday, May 16th. BidaskClub lowered shares of Nice from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 8th. Finally, DA Davidson assumed coverage on shares of Nice in a research note on Friday, June 22nd. They issued a “neutral” rating and a $110.00 price target on the stock. Six investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $108.56.

A number of hedge funds have recently made changes to their positions in the business. BlackRock Inc. lifted its holdings in shares of Nice by 18,843.0% in the fourth quarter. BlackRock Inc. now owns 18,943 shares of the technology company’s stock valued at $1,741,000 after buying an additional 18,843 shares during the period. Millennium Management LLC raised its position in Nice by 37.8% during the fourth quarter. Millennium Management LLC now owns 15,928 shares of the technology company’s stock valued at $1,464,000 after buying an additional 4,373 shares during the period. Dorsey Wright & Associates acquired a new position in Nice during the first quarter valued at $10,171,000. Mitchell Capital Management Co. increased its position in Nice by 72.5% in the 1st quarter. Mitchell Capital Management Co. now owns 3,932 shares of the technology company’s stock worth $369,000 after purchasing an additional 1,653 shares during the last quarter. Finally, US Bancorp DE increased its position in Nice by 134.1% in the 1st quarter. US Bancorp DE now owns 98,042 shares of the technology company’s stock worth $9,208,000 after purchasing an additional 56,165 shares during the last quarter. Institutional investors own 45.44% of the company’s stock.

NICE stock traded down $0.46 during trading on Friday, reaching $115.96. The company had a trading volume of 75,500 shares, compared to its average volume of 196,436. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.24. Nice has a twelve month low of $78.23 and a twelve month high of $117.33. The stock has a market capitalization of $7.02 billion, a PE ratio of 50.22, a price-to-earnings-growth ratio of 4.44 and a beta of 0.76.

About Nice

NICE Ltd. provides enterprise software solutions worldwide. It 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 delivered in the cloud, as well as on premise.

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Earnings History and Estimates for Nice (NASDAQ:NICE)

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