With 3.09 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.51 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $184.2 whereas the lowest price it dropped to was $168.2. The 52-week range on NICE shows that it touched its highest point at $270.73 and its lowest point at $151.52 during that stretch. It currently has a 1-year price target of $260.14. Beta for the stock currently stands at 1.07.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NICE was down-trending over the past week, with a drop of -1.68%, but this was up by 2.42% over a month. Three-month performance surged to 2.76% while six-month performance fell -8.26%. The stock gained 1.84% in the past year, while it has lost -8.68% so far this year. A look at the trailing 12-month EPS for NICE yields 5.99 with Next year EPS estimates of 12.28. For the next quarter, that number is 2.88. This implies an EPS growth rate of 23.84% for this year and 12.81% for next year. EPS is expected to grow by 12.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 14.49%.
Float and Shares Shorts:
At present, 62.87 million NICE shares are outstanding with a float of 62.74 million shares on hand for trading. On 2024-10-31, short shares totaled 2.12 million, which was 338.00002000000006 higher than short shares on 1727654400. In addition to Mr. Barak Eilam as the firm’s Chief Executive Officer, Mr. Barry Cooper serves as its President of NICE CX Division.
Institutional Ownership:
Through their ownership of 0.62162995 of NICE’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, NICE reported revenue of $664400000.0 and operating income of $128824000.0. The EBITDA in the recently reported quarter was $180344000.0 and diluted EPS was $1.76.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NICE since 9 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With NICE analysts setting a high price target of 334.0 and a low target of 213.0, the average target price over the next 12 months is 266.32. Based on these targets, NICE could surge 83.33% to reach the target high and rise by 16.91% to reach the target low. Reaching the average price target will result in a growth of 46.18% from current levels.
Analysts have provided yearly estimates in a range of $10.79689 being high and $10.69692 being low. For NICE, this leads to a yearly average estimate of $10.72691. The surprise factor in the prior quarter was $2.58. Based on analyst estimates, the high estimate for the next quarter is $3.05 and the low estimate is $2.73. The average estimate for the next quarter is thus $2.86.
