NICE Ltd ADR (NASDAQ: NICE) is -8.68% lower on its value in year-to-date trading and has touched a low of $151.52 and a high of $270.73 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 $199.17 in the last trading session, with the day’s loss setting it -16.98%.
Currently trading at $182.19, the stock is 1.08% and 5.52% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.09 million and changing -8.53% at the moment leaves the stock -7.16% off its SMA200. NICE registered 1.84% gain for a year compared to 6-month loss of -8.26%. The firm has a 50-day simple moving average (SMA 50) of $172.6616 and a 200-day simple moving average (SMA200) of $196.24405.
The stock witnessed a 2.42% gain in the last 1 month and extending the period to 3 months gives it a 2.76%, and is -1.68% 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 3.97% over the week and 2.85% over the month.
NICE Ltd ADR (NICE) has around 8384 employees, a market worth around $11.45B and $2.55B in sales. Current P/E ratio is 30.42 and Fwd P/E is 14.84. Profit margin for the company is 15.55%. Distance from 52-week low is 20.24% and -32.70% from its 52-week high. The company has generated returns on investments over the last 12 months (9.88%).
The EPS is expected to grow by 23.84% this year
The shares outstanding are 62.87M, and float is at 62.74M with Short Float at 3.38%.
The top institutional shareholder in the company is CAPITAL RESEARCH GLOBAL INVESTORS with over 4.5 million shares valued at $773.6 million. The investor’s holdings represent 7.1095 of the NICE Shares outstanding. As of 2024-06-30, the second largest holder is CLAL INSURANCE ENTERPRISES HOLDINGS LTD with 1.96 million shares valued at $336.25 million to account for 3.0971 of the shares outstanding. The other top investors are FMR LLC which holds 1.57 million shares representing 2.4853 and valued at over $270.44 million, while PHOENIX HOLDINGS LTD. holds 2.3804 of the shares totaling 1.51 million with a market value of $305.23 million.
