Recent Performance of NICE Ltd ADR (NICE) Stock: A Closer Look

A share price of NICE Ltd ADR [NICE] is currently trading at $243.43, up 2.20%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The NICE shares have gain 8.38% over the last week, with a monthly amount glided 11.74%, and seem to be holding up well over a long-time horizon.

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On 26, February 2024, NICE Inform Elite Wins ASTORS Award for Best 911 Center Solution. In a post published today on Yahoo Finance, NICE recognized with platinum award for ability to automate 911 Quality Assurance and improve staff retention.

From an analyst’s perspective:

NICE Ltd ADR [NASDAQ: NICE] stock has seen the most recent analyst activity on January 30, 2024, when Northland Capital initiated its Outperform rating and assigned the stock a price target of $300. Previously, Morgan Stanley upgraded its rating to Overweight on October 16, 2023, and dropped its price target to $220. On September 29, 2023, DA Davidson initiated with a Neutral rating and assigned a price target of $190 on the stock. William Blair started tracking the stock assigning a Outperform rating. Mizuho initiated its recommendation with a Buy and recommended $244 as its price target on May 31, 2023. Piper Sandler upgraded its rating to Overweight for this stock on January 17, 2023, but kept the price target unchanged to $227. In a note dated August 25, 2022, Piper Sandler initiated an Neutral rating and provided a target price of $236 on this stock.

NICE Ltd ADR experienced fluctuations in its stock price throughout the past year between $149.54 and $253.00. Currently, Wall Street analysts expect the stock to reach $266.5 within the next 12 months. NICE Ltd ADR [NASDAQ: NICE] shares were valued at $243.43 at the most recent close of the market. An investor can expect a potential return of 9.48% based on the average NICE price forecast.

Analyzing the NICE fundamentals

Trailing Twelve Months sales for NICE Ltd ADR [NASDAQ:NICE] were 2.38B which represents 9.61% growth. Gross Profit Margin for this corporation currently stands at -0.03% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.51%. To continue investigating profitability, this company’s Return on Assets is posted at -1.53, Equity is -2.61 and Total Capital is -22.65. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -6.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 238.13 points at the first support level, and at 232.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 247.60, and for the 2nd resistance point, it is at 251.77.

NICE Ltd ADR [NICE] reported earnings per share of $2.36 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $2.26/share, meaning a difference of $0.1 and a surprise factor of 4.40%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $2.27 per share as compared to estimates of $2.15 per share, a difference of $0.12 representing a surprise of 5.60%.

Ratios To Look Out For

To put it in perspective, the Current Ratio for NICE Ltd ADR [NASDAQ:NICE] is 2.06. Further, the Quick Ratio stands at 2.31, while the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 6.48, the price to book ratio is 4.84 and price to earnings (TTM) ratio is 47.74.

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