How Analysts Feel About NICE Ltd. (NICE) After Achieving All-Time High?

NICE Ltd. (NASDAQ:NICE) Logo

The stock of NICE Ltd. (NASDAQ:NICE) reached all time high today, Jul, 12 and still has $153.38 target or 4.00 % above today’s $147.48 share price. This indicates more upside for the $9.14B company. This technical setup was reported by Barchart.com. If the $153.38 PT is reached, the company will be worth $365.56 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock increased 1.04% or $1.52 during the last trading session, reaching $147.48. About 167,207 shares traded. NICE Ltd. (NASDAQ:NICE) has risen 31.44% since July 12, 2018 and is uptrending. It has outperformed by 27.01% the S&P500.

Analysts await NICE Ltd. (NASDAQ:NICE) to report earnings on August, 8. They expect $1.02 earnings per share, up 88.89 % or $0.48 from last year’s $0.54 per share. NICE’s profit will be $63.21M for 36.15 P/E if the $1.02 EPS becomes a reality. After $0.96 actual earnings per share reported by NICE Ltd. for the previous quarter, Wall Street now forecasts 6.25 % EPS growth.

NICE Ltd. (NASDAQ:NICE) Ratings Coverage

Among 7 analysts covering NICE (NASDAQ:NICE), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. NICE had 11 analyst reports since April 17, 2019 according to SRatingsIntel. The stock of NICE Ltd. (NASDAQ:NICE) has “Neutral” rating given on Wednesday, April 17 by DA Davidson. The stock of NICE Ltd. (NASDAQ:NICE) has “Equal-Weight” rating given on Friday, May 17 by Morgan Stanley. The rating was maintained by Oppenheimer on Wednesday, April 17 with “Outperform”. Barclays Capital maintained the stock with “Equal-Weight” rating in Wednesday, April 24 report. Citigroup maintained the shares of NICE in report on Friday, May 17 with “Neutral” rating. The rating was maintained by JMP Securities with “Market Outperform” on Friday, May 17. The company was upgraded on Thursday, April 18 by JP Morgan.

More notable recent NICE Ltd. (NASDAQ:NICE) news were published by: Nasdaq.com which released: “Will IHOP’s New Burger Promo Be as Successful as IHOb? – Nasdaq” on June 12, 2019, also Nasdaq.com with their article: “Can CVS Health (CVS) Keep the Earnings Surprise Streak Alive? – Nasdaq” published on July 11, 2019, Nasdaq.com published: “Here’s Why ArQule Jumped 53.1% in June – Nasdaq” on July 08, 2019. More interesting news about NICE Ltd. (NASDAQ:NICE) were released by: Nasdaq.com and their article: “Stocks Take Another Small Step Back – Nasdaq” published on June 13, 2019 as well as Nasdaq.com‘s news article titled: “Intuit (INTU) Hits Fresh High: Is There Still Room to Run? – Nasdaq” with publication date: July 11, 2019.

NICE Ltd. provides enterprise software solutions worldwide. The company has market cap of $9.14 billion. The Company’s software solutions help organizations understand their clients and employees, and predict their intentions and needs to create customer experiences; understand their workforce to drive efficiency; and identify suspicious behavior to prevent financial crime, as well as non-compliant activities. It has a 54.08 P/E ratio. It operates in two divisions, Customer Engagement and Financial Crime & Compliance.

NICE Ltd. (NASDAQ:NICE) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.