NICE (NASDAQ:NICE) Upgraded at upgraded shares of NICE (NASDAQ:NICEFree Report) from a hold rating to a buy rating in a research note released on Thursday morning.

Other research analysts have also issued research reports about the company. TheStreet upgraded NICE from a c+ rating to a b- rating in a report on Tuesday, February 6th. Wedbush increased their price target on shares of NICE from $230.00 to $270.00 and gave the company an outperform rating in a research note on Friday, February 23rd. Royal Bank of Canada reduced their price target on shares of NICE from $285.00 to $265.00 and set an outperform rating on the stock in a research report on Friday, May 17th. JMP Securities reissued a market outperform rating and set a $343.00 target price on shares of NICE in a research note on Wednesday, May 15th. Finally, Citigroup lifted their target price on NICE from $283.00 to $334.00 and gave the company a buy rating in a research report on Wednesday, February 21st. Fifteen research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has an average rating of Buy and an average target price of $285.92.

Check Out Our Latest Research Report on NICE

NICE Stock Down 0.2 %

Shares of NASDAQ NICE opened at $189.66 on Thursday. The stock has a market cap of $11.92 billion, a PE ratio of 34.23, a P/E/G ratio of 1.57 and a beta of 1.04. The company has a current ratio of 2.43, a quick ratio of 2.43 and a debt-to-equity ratio of 0.13. NICE has a 12-month low of $149.54 and a 12-month high of $270.73. The company has a 50-day moving average of $231.18 and a 200 day moving average of $217.52.

NICE (NASDAQ:NICEGet Free Report) last posted its quarterly earnings results on Thursday, February 22nd. The technology company reported $2.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.26 by $0.10. The business had revenue of $623.20 million during the quarter, compared to analyst estimates of $616.83 million. NICE had a return on equity of 14.05% and a net margin of 14.92%. The business’s revenue was up 9.6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.40 earnings per share. As a group, sell-side analysts predict that NICE will post 8.23 EPS for the current fiscal year.

Hedge Funds Weigh In On NICE

Institutional investors have recently modified their holdings of the business. GAMMA Investing LLC acquired a new stake in shares of NICE in the 4th quarter valued at $25,000. Lindbrook Capital LLC boosted its position in shares of NICE by 88.9% in the 4th quarter. Lindbrook Capital LLC now owns 136 shares of the technology company’s stock valued at $27,000 after purchasing an additional 64 shares during the period. McGlone Suttner Wealth Management Inc. purchased a new position in NICE during the 4th quarter worth approximately $29,000. Cary Street Partners Investment Advisory LLC acquired a new position in NICE during the third quarter worth approximately $37,000. Finally, Richardson Financial Services Inc. purchased a new stake in NICE in the first quarter valued at approximately $39,000. Institutional investors and hedge funds own 63.34% of the company’s stock.

About NICE

(Get Free Report)

NICE Ltd., together with its subsidiaries, provides cloud platforms for AI-driven digital business solutions worldwide. It offers CXone, a cloud native open platform; Enlighten, an AI engine for the customer engagement market; and smart self service enable organizations to address consumers' needs; and journey orchestration solutions that empower organizations to connect and route customers to deal with the customer's request, and connects them using real time AI-based routing.

Read More

Analyst Recommendations for NICE (NASDAQ:NICE)

Receive News & Ratings for NICE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NICE and related companies with's FREE daily email newsletter.