Nice (NICE) Issues Q1 Earnings Guidance

Nice (NASDAQ:NICE) updated its first quarter earnings guidance on Thursday. The company provided EPS guidance of $0.97-1.03 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.99. The company issued revenue guidance of $328-338 million, compared to the consensus revenue estimate of $331.22 million.Nice also updated its FY18 guidance to $4.40-4.60 EPS.

Several equities analysts have recently weighed in on the company. Zacks Investment Research raised Nice from a hold rating to a buy rating and set a $98.00 price objective on the stock in a research note on Wednesday. Jefferies Group raised Nice from a hold rating to a buy rating and set a $87.00 price objective on the stock in a research note on Thursday, January 18th. BidaskClub lowered Nice from a hold rating to a sell rating in a research note on Wednesday, January 24th. Finally, Oppenheimer reaffirmed a buy rating and issued a $100.00 price objective (up from $90.00) on shares of Nice in a research note on Wednesday, December 13th. One analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of Hold and an average price target of $90.86.

Shares of Nice (NICE) traded down $0.20 during trading hours on Thursday, hitting $88.11. The company had a trading volume of 167,000 shares, compared to its average volume of 182,619. The stock has a market cap of $5,301.87, a P/E ratio of 35.32, a P/E/G ratio of 3.45 and a beta of 0.79. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.27. Nice has a 1-year low of $65.72 and a 1-year high of $95.65.

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About Nice

NICE Ltd., formerly NICE-Systems Ltd., is a global enterprise software provider. The Company’s segments include Customer Interactions Solutions, and Financial Crime and Compliance Solutions. The Customer Interactions Solutions segment provides data driven insights that enable businesses to deliver personalized experience to customers.

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