NICE Ltd ADR [NICE] stock prices are up 3.20% to $256.40 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NICE shares have gain 6.60% over the last week, with a monthly amount glided 13.51%, and seem to be holding up well over a long-time horizon.
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On 21, March 2024, NICE Enlighten AutoSummary Wins 2024 BIG Innovation Award for Contact Center Innovation. In a post published today on Yahoo Finance, Enlighten AutoSummary combines proprietary NICE CX AI models with Gen AI to automatically deliver accurate and actionable contact center summaries for every customer interaction.
From an analyst’s perspective:
NICE Ltd ADR [NASDAQ: NICE] stock has seen the most recent analyst activity on March 13, 2024, when DA Davidson upgraded its rating to a Buy and also boosted its price target to $300 from $250. Previously, Northland Capital started tracking the stock with Outperform rating on January 30, 2024, and set its price target to $300. On October 16, 2023, upgrade upgraded it’s rating to Overweight and revised its price target to $220 on the stock. DA Davidson started tracking the stock assigning a Neutral rating and suggested a price target of $190 on September 29, 2023. William Blair initiated its recommendation with a Outperform. Mizuho started tracking with a Buy rating for this stock on May 31, 2023, and assigned it a price target of $244. In a note dated January 17, 2023, Piper Sandler upgraded an Overweight rating on this stock but restated the target price of $227.
The stock price of NICE Ltd ADR [NICE] has been fluctuating between $149.54 and $253.00 over the past year. 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 $256.40 at the most recent close of the market. An investor can expect a potential return of 3.94% based on the average NICE price forecast.
Analyzing the NICE fundamentals
The NICE Ltd ADR [NASDAQ:NICE] reported sales of 2.38B for trailing twelve months, representing a surge of 9.61%. Gross Profit Margin for this corporation currently stands at 0.68% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.11 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.2.
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 252.36 points at the first support level, and at 248.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 258.90, and for the 2nd resistance point, it is at 261.41.
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
It’s worth pointing out that NICE Ltd ADR [NASDAQ:NICE]’s Current Ratio is 2.06. In addition, the Quick Ratio stands at 2.31 and the Cash Ratio stands at 0.46. Considering the valuation of this stock, the price to sales ratio is 6.83, the price to book ratio is 5.10 and price to earnings (TTM) ratio is 50.28.
