Nice (NASDAQ:NICE)‘s stock had its “neutral” rating reiterated by investment analysts at DA Davidson in a note issued to investors on Friday, The Fly reports. They currently have a $175.00 target price on the technology company’s stock. DA Davidson’s price objective indicates a potential downside of 2.28% from the company’s previous close. The analysts noted that the move was a valuation call.

Other equities analysts also recently issued reports about the stock. Citigroup boosted their price target on shares of Nice from $156.00 to $193.00 and gave the stock a “neutral” rating in a report on Friday. Zacks Investment Research downgraded shares of Nice from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th. Wedbush boosted their price target on shares of Nice from $185.00 to $200.00 and gave the stock an “outperform” rating in a report on Friday. BidaskClub raised shares of Nice from a “hold” rating to a “buy” rating in a report on Friday, January 10th. Finally, Rosenblatt Securities boosted their price target on shares of Nice from $187.00 to $195.00 and gave the stock a “buy” rating in a report on Friday. Seven equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Nice presently has a consensus rating of “Buy” and an average price target of $175.50.

Shares of NASDAQ:NICE traded up $1.96 during midday trading on Friday, reaching $179.09. The company had a trading volume of 228,646 shares, compared to its average volume of 301,022. The company’s 50 day moving average price is $168.34 and its 200 day moving average price is $155.87. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.26. The stock has a market cap of $10.79 billion, a P/E ratio of 61.76, a P/E/G ratio of 3.54 and a beta of 0.69. Nice has a 52-week low of $112.58 and a 52-week high of $182.06.

Nice (NASDAQ:NICE) last issued its quarterly earnings results on Thursday, November 14th. The technology company reported $1.06 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.10 by ($0.04). The company had revenue of $387.13 million during the quarter, compared to analysts’ expectations of $385.04 million. Nice had a return on equity of 13.14% and a net margin of 11.99%. Research analysts forecast that Nice will post 4.36 EPS for the current fiscal year.

Institutional investors have recently made changes to their positions in the stock. Allred Capital Management LLC bought a new stake in Nice in the 4th quarter valued at about $27,000. Evoke Wealth LLC bought a new stake in Nice in the 3rd quarter valued at about $28,000. Quantbot Technologies LP raised its stake in Nice by 100.0% in the 4th quarter. Quantbot Technologies LP now owns 200 shares of the technology company’s stock valued at $31,000 after acquiring an additional 100 shares during the period. Huntington National Bank bought a new stake in Nice in the 4th quarter valued at about $46,000. Finally, Pacer Advisors Inc. raised its stake in Nice by 51.3% in the 3rd quarter. Pacer Advisors Inc. now owns 354 shares of the technology company’s stock valued at $51,000 after acquiring an additional 120 shares during the period. Institutional investors and hedge funds own 49.35% of the company’s stock.

About Nice

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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The Fly

Analyst Recommendations for Nice (NASDAQ:NICE)

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