NICE Ltd. (NASDAQ: NICE) is -35.37% lower on its value in year-to-date trading and has touched a low of $179.13 and a high of $319.88 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NICE stock was last observed hovering at around $195.48 in the last trading session, with the day’s gains setting it 0.74% off its average median price target of $265.00 for the next 12 months. It is also 44.88% off the consensus price target high of $356.00 offered by 12 analysts, but current levels are 10.81% higher than the price target low of $220.00 for the same period.
Currently trading at $196.22, the stock is -0.87% and -0.61% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.37 million and changing 0.38% at the moment leaves the stock -19.54% off its SMA200. NICE registered -22.11% loss for a year compared to 6-month loss of -29.27%. The firm has a 50-day simple moving average (SMA 50) of $6.16 and a 200-day simple moving average (SMA200) of $27.55.
The stock witnessed a 3.26% gain in the last 1 month and extending the period to 3 months gives it a -8.41%, and is -4.74% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.80% over the week and 2.66% over the month.
NICE Ltd. (NICE) has around 7102 employees, a market worth around $12.35B and $1.99B in sales. Current P/E ratio is 63.98 and Fwd P/E is 23.78. Profit margin for the company is 10.30%. Distance from 52-week low is 9.54% and -38.66% from its 52-week high. The company has generated returns on investments over the last 12 months (6.10%).
NICE Ltd. (NICE) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for NICE Ltd. (NICE) is a “Buy”. 12 analysts offering their recommendations for the stock have an average rating of 1.50, where 1 rate it as a Hold and 2 think it is a “Overweight”. 9 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
NICE Ltd. is expected to release its quarterly report on 11/10/2022.The EPS is expected to shrink by 0.00% this year.
NICE Ltd. (NICE) Top Institutional Holders
The shares outstanding are 63.74M, and float is at 63.48M with Short Float at 2.58%.
NICE Ltd. (NICE): Who are the competitors?
The company’s main competitors (and peers) include Fair Isaac Corporation (FICO) that is trading -19.58% down over the past 12 months and LivePerson Inc. (LPSN) that is -76.43% lower over the same period. International Business Machines Corporation (IBM) is 4.12% up on the 1-year trading charts.