According to Zacks, “Nice Systems is the leading provider of Insight from Interactions solutions, based on advanced analytics of unstructured multimedia content from telephony, web, radio and video communications. Nice is the global provider of advanced solutions that enable organizations to extract Insight from Interactions to drive performance. NICE is revolutionizing VoIP interactions management with state-of-the-art solutions for IP contact centers, branches, and command and control centers. NICE’s solutions are changing the way organizations make decisions, helping them improve business and operational performance, address security threats and be proactive. “
Several other equities research analysts have also weighed in on NICE. JMP Securities restated a buy rating on shares of Nice Systems in a research report on Wednesday, August 31st. Oppenheimer Holdings Inc. restated a buy rating and set a $75.00 price target on shares of Nice Systems in a research report on Thursday, June 23rd. JPMorgan Chase & Co. restated a buy rating on shares of Nice Systems in a research report on Thursday, June 30th. Chardan Capital lifted their price target on Nice Systems from $70.00 to $72.00 and gave the company a buy rating in a research report on Thursday, July 28th. Finally, Imperial Capital restated an outperform rating and set a $74.00 price target on shares of Nice Systems in a research report on Sunday, July 17th. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Nice Systems presently has a consensus rating of Buy and an average price target of $72.75.
Nice Systems (NASDAQ:NICE) opened at 66.57 on Tuesday. The stock’s 50 day moving average price is $67.20 and its 200 day moving average price is $65.09. The company has a market cap of $3.96 billion, a P/E ratio of 15.56 and a beta of 1.02. Nice Systems has a 1-year low of $54.12 and a 1-year high of $69.46.
Nice Systems (NASDAQ:NICE) last released its quarterly earnings results on Thursday, July 28th. The company reported $0.79 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.75 by $0.04. Nice Systems had a return on equity of 13.37% and a net margin of 27.48%. The company had revenue of $235.40 million for the quarter, compared to analyst estimates of $234.79 million. During the same period in the previous year, the company posted $0.70 earnings per share. The firm’s revenue was up 9.1% on a year-over-year basis. On average, equities analysts anticipate that Nice Systems will post $3.55 earnings per share for the current fiscal year.
A number of large investors have recently added to or reduced their stakes in NICE. Psagot Investment House Ltd. increased its stake in Nice Systems by 1.6% in the second quarter. Psagot Investment House Ltd. now owns 165,983 shares of the company’s stock valued at $10,598,000 after buying an additional 2,634 shares during the period. Tygh Capital Management Inc. bought a new stake in Nice Systems during the second quarter valued at approximately $1,435,000. Emerald Acquisition Ltd. bought a new stake in Nice Systems during the second quarter valued at approximately $587,000. Bank of New York Mellon Corp increased its stake in Nice Systems by 4.1% in the second quarter. Bank of New York Mellon Corp now owns 10,373 shares of the company’s stock valued at $662,000 after buying an additional 407 shares during the period. Finally, Eagle Asset Management Inc. increased its stake in Nice Systems by 20.0% in the second quarter. Eagle Asset Management Inc. now owns 188,988 shares of the company’s stock valued at $12,066,000 after buying an additional 31,551 shares during the period. 39.65% of the stock is currently owned by institutional investors and hedge funds.
Nice Systems Company Profile
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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