Oppenheimer reissued their buy rating on shares of Nice (NASDAQ:NICE) in a report released on Thursday, TipRanks reports. The firm currently has a $193.00 target price on the technology company’s stock.

NICE has been the topic of a number of other reports. Wedbush upped their price objective on Nice from $165.00 to $170.00 and gave the company an outperform rating in a report on Friday, November 15th. Zacks Investment Research cut Nice from a buy rating to a hold rating in a report on Wednesday, November 20th. JPMorgan Chase & Co. cut Nice from an overweight rating to a neutral rating and set a $163.00 price objective on the stock. in a report on Monday, January 27th. They noted that the move was a valuation call. Rosenblatt Securities restated a buy rating and set a $187.00 price target on shares of Nice in a research note on Friday, November 15th. Finally, BidaskClub upgraded Nice from a hold rating to a buy rating in a research note on Friday, January 10th. Seven analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company has an average rating of Buy and a consensus price target of $175.50.

NICE traded up $1.96 during trading hours on Thursday, reaching $179.09. The company’s stock had a trading volume of 284,596 shares, compared to its average volume of 300,493. Nice has a fifty-two week low of $112.60 and a fifty-two week high of $182.06. The stock has a market cap of $10.79 billion, a PE ratio of 61.76, a P/E/G ratio of 3.54 and a beta of 0.69. The business’s 50-day moving average is $168.34 and its 200-day moving average is $155.87. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.21 and a quick ratio of 1.21.

Nice (NASDAQ:NICE) last released its quarterly earnings data on Thursday, November 14th. The technology company reported $1.06 EPS for the quarter, missing analysts’ consensus estimates of $1.10 by ($0.04). Nice had a net margin of 11.99% and a return on equity of 13.14%. The business had revenue of $387.13 million during the quarter, compared to analyst estimates of $385.04 million. Analysts expect that Nice will post 4.36 EPS for the current year.

Large investors have recently added to or reduced their stakes in the business. Allred Capital Management LLC acquired a new position in Nice during the fourth quarter worth $27,000. Evoke Wealth LLC acquired a new position in Nice during the third quarter worth $28,000. Quantbot Technologies LP lifted its stake in Nice by 100.0% during the fourth quarter. Quantbot Technologies LP now owns 200 shares of the technology company’s stock worth $31,000 after purchasing an additional 100 shares in the last quarter. Huntington National Bank acquired a new position in Nice during the fourth quarter worth $46,000. Finally, Pacer Advisors Inc. lifted its stake in Nice by 51.3% during the third quarter. Pacer Advisors Inc. now owns 354 shares of the technology company’s stock worth $51,000 after purchasing an additional 120 shares in the last quarter. Institutional investors own 49.35% of the company’s stock.

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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Analyst Recommendations for Nice (NASDAQ:NICE)

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