With 0.63 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.58 million shares. The 52-week range on NICE shows that it touched its highest point at $270.73 and its lowest point at $137.19 during that stretch. It currently has a 1-year price target of $207.93. Beta for the stock currently stands at 1.12.
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 up-trending over the past week, with a rise of 2.33%, but this was down by -8.94% over a month. Three-month performance dropped to -18.73% while six-month performance fell -14.67%. The stock lost -40.40% in the past year, while it has lost -12.71% so far this year. A look at the trailing 12-month EPS for NICE yields 6.76 with Next year EPS estimates of 13.46. For the next quarter, that number is 2.84. This implies an EPS growth rate of 9.90% for this year and 10.14% for next year. EPS is expected to grow by 10.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 17.70%.
Float and Shares Shorts:
At present, 62.87 million NICE shares are outstanding with a float of 62.87 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $11.10075 being high and $11.02081 being low. For NICE, this leads to a yearly average estimate of $11.05079.
