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. “
NICE has been the subject of several other reports. Imperial Capital reaffirmed an outperform rating and set a $74.00 price objective on shares of Nice Systems in a research report on Sunday, July 17th. Oppenheimer Holdings Inc. reissued an outperform rating and issued a $75.00 target price on shares of Nice Systems in a research report on Monday, September 26th. Chardan Capital began coverage on Nice Systems in a research report on Wednesday, June 22nd. They issued a buy rating and a $63.00 target price for the company. JMP Securities reissued a buy rating on shares of Nice Systems in a research report on Wednesday, August 31st. Finally, JPMorgan Chase & Co. reissued a buy rating on shares of Nice Systems in a research report on Thursday, June 30th. One research analyst has rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the company’s stock. Nice Systems has an average rating of Buy and a consensus target price of $72.75.
Shares of Nice Systems (NASDAQ:NICE) opened at 67.09 on Tuesday. The stock has a 50 day moving average price of $67.04 and a 200-day moving average price of $65.16. Nice Systems has a 52-week low of $54.12 and a 52-week high of $69.46. The stock has a market capitalization of $3.99 billion, a PE ratio of 15.69 and a beta of 1.02.
Nice Systems (NASDAQ:NICE) last released its quarterly earnings data on Thursday, July 28th. The company reported $0.79 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.75 by $0.04. The business earned $235.40 million during the quarter, compared to analysts’ expectations of $234.79 million. Nice Systems had a return on equity of 13.37% and a net margin of 27.48%. The business’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.70 EPS. On average, equities research analysts anticipate that Nice Systems will post $3.55 EPS for the current fiscal year.
A number of hedge funds have recently bought and sold shares of NICE. Eagle Boston Investment Management Inc. bought a new stake in Nice Systems during the third quarter worth $203,000. BB&T Securities LLC bought a new stake in Nice Systems during the first quarter worth $204,000. Aureus Asset Management LLC boosted its stake in Nice Systems by 95.0% in the second quarter. Aureus Asset Management LLC now owns 7,800 shares of the company’s stock worth $446,000 after buying an additional 3,800 shares during the last quarter. Ranger Investment Management L.P. boosted its stake in Nice Systems by 117.5% in the second quarter. Ranger Investment Management L.P. now owns 7,810 shares of the company’s stock worth $499,000 after buying an additional 4,220 shares during the last quarter. Finally, Dorsey Wright & Associates boosted its stake in Nice Systems by 39.9% in the third quarter. Dorsey Wright & Associates now owns 8,165 shares of the company’s stock worth $547,000 after buying an additional 2,328 shares during the last quarter. 39.65% of the stock is owned by institutional investors.
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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