Equities analysts expect Nice Ltd (NASDAQ:NICE) to announce sales of $332.87 million for the current fiscal quarter, according to Zacks. Three analysts have made estimates for Nice’s earnings. The highest sales estimate is $333.50 million and the lowest is $332.00 million. Nice posted sales of $305.62 million during the same quarter last year, which would indicate a positive year over year growth rate of 8.9%. The company is scheduled to report its next quarterly earnings results on Thursday, May 3rd.
According to Zacks, analysts expect that Nice will report full year sales of $332.87 million for the current fiscal year, with estimates ranging from $1.44 billion to $1.45 billion. For the next year, analysts anticipate that the business will report sales of $1.55 billion per share. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side analysts that that provide coverage for Nice.
Nice (NASDAQ:NICE) last posted its quarterly earnings data on Thursday, February 15th. The technology company reported $1.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.50. Nice had a return on equity of 10.45% and a net margin of 10.76%. The firm had revenue of $392.24 million for the quarter, compared to the consensus estimate of $390.90 million.
Nice (NICE) opened at $95.72 on Wednesday. Nice has a 1-year low of $65.72 and a 1-year high of $98.48. The company has a current ratio of 1.32, a quick ratio of 1.28 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $5,800.17, a price-to-earnings ratio of 41.62, a price-to-earnings-growth ratio of 2.99 and a beta of 0.71.
Hedge funds have recently bought and sold shares of the company. Bronfman E.L. Rothschild L.P. lifted its stake in shares of Nice by 99.5% in the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 2,065 shares of the technology company’s stock valued at $190,000 after purchasing an additional 1,030 shares during the period. Mitchell Capital Management Co. acquired a new position in shares of Nice in the 4th quarter valued at $209,000. River Road Asset Management LLC acquired a new position in shares of Nice in the 4th quarter valued at $235,000. Oppenheimer & Co. Inc. acquired a new position in shares of Nice in the 4th quarter valued at $276,000. Finally, Ellington Management Group LLC acquired a new position in shares of Nice in the 4th quarter valued at $285,000. 45.91% of the stock is currently owned by institutional investors.
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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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