Nice (NASDAQ:NICE) issued an update on its FY18 earnings guidance on Thursday morning. The company provided earnings per share guidance of $4.53-4.69 for the period. The company issued revenue guidance of $1.45-1.47 billion, compared to the consensus revenue estimate of $1.45 billion.Nice also updated its FY 2018 guidance to $4.53-4.69 EPS.

Nice stock opened at $113.52 on Friday. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.24. The firm has a market cap of $6.53 billion, a price-to-earnings ratio of 49.14, a P/E/G ratio of 4.13 and a beta of 0.87. Nice has a fifty-two week low of $82.72 and a fifty-two week high of $119.83.

Nice (NASDAQ:NICE) last released its quarterly earnings results on Thursday, November 8th. The technology company reported $0.62 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.04). The company had revenue of $356.45 million for the quarter, compared to analysts’ expectations of $350.67 million. Nice had a return on equity of 9.15% and a net margin of 11.73%. On average, research analysts anticipate that Nice will post 2.56 EPS for the current year.

Several equities analysts have weighed in on NICE shares. Zacks Investment Research downgraded Nice from a hold rating to a sell rating in a research report on Saturday, July 21st. BidaskClub raised Nice from a hold rating to a buy rating in a research report on Friday, July 27th. Barclays reissued a hold rating and set a $114.00 price target on shares of Nice in a research report on Friday, August 10th. JPMorgan Chase & Co. raised their price target on Nice from $104.00 to $110.00 and gave the stock a neutral rating in a research report on Friday, August 10th. Finally, Jefferies Financial Group raised their price target on Nice to $132.00 and gave the stock a buy rating in a research report on Thursday, September 20th. They noted that the move was a valuation call. Eight analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of Hold and a consensus target price of $112.73.

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Nice Company Profile

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.

Further Reading: Cost of Capital

Earnings History and Estimates for Nice (NASDAQ:NICE)

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