Nice (NASDAQ:NICE) issued an update on its FY19 earnings guidance on Thursday morning. The company provided earnings per share guidance of $5.11-5.31 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.18. The company issued revenue guidance of $1.56-1.58 billion, compared to the consensus revenue estimate of $1.57 billion.Nice also updated its FY 2019 guidance to $5.11-5.31 EPS.

Nice stock opened at $132.07 on Thursday. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $8.11 billion, a price-to-earnings ratio of 34.30, a price-to-earnings-growth ratio of 2.95 and a beta of 0.86. Nice has a 1 year low of $100.54 and a 1 year high of $140.29.

Nice (NASDAQ:NICE) last posted its quarterly earnings results on Thursday, May 16th. The technology company reported $1.18 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.11 by $0.07. Nice had a net margin of 11.03% and a return on equity of 9.15%. The firm had revenue of $377.00 million for the quarter, compared to analyst estimates of $375.18 million. During the same quarter in the previous year, the business posted $1.03 earnings per share. The firm’s quarterly revenue was up 12.4% compared to the same quarter last year. Sell-side analysts predict that Nice will post 4.35 earnings per share for the current year.

NICE has been the topic of several research analyst reports. BidaskClub upgraded shares of Nice from a buy rating to a strong-buy rating in a research report on Friday, April 19th. Zacks Investment Research upgraded shares of Nice from a sell rating to a hold rating in a research report on Wednesday, April 17th. DA Davidson lifted their price objective on shares of Nice from $110.00 to $125.00 and gave the stock a neutral rating in a research report on Wednesday, April 17th. Wedbush reiterated a positive rating and set a $155.00 price objective (up from $145.00) on shares of Nice in a research report on Monday, April 22nd. Finally, Oppenheimer lifted their price objective on shares of Nice from $125.00 to $145.00 and gave the stock an outperform rating in a research report on Wednesday, April 17th. Five analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company presently has an average rating of Buy and a consensus price target of $136.64.

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Nice Company Profile

NICE Ltd. provides enterprise software solutions worldwide. The company 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 optimize business performance and ensure compliance.

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Earnings History and Estimates for Nice (NASDAQ:NICE)

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