NICE(NICE)
Search documents
Why Nice (NICE) is a Top Value Stock for the Long-Term
ZACKS· 2024-10-10 14:43
Core Insights - Zacks Premium provides various tools to enhance stock market investment confidence and knowledge [1][2] - The Zacks Style Scores are designed to help investors select stocks with the highest potential to outperform the market in the short term [3] Zacks Style Scores Overview - The Style Scores consist of four categories: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [4][5][6] - Value Score identifies undervalued stocks using financial ratios [4] - Growth Score assesses a company's financial health and future growth potential [4] - Momentum Score capitalizes on price trends and earnings outlook changes [5] - VGM Score combines the three styles to highlight stocks with the best overall characteristics [6] Zacks Rank and Style Scores Interaction - The Zacks Rank is a proprietary model that leverages earnings estimate revisions to guide investment decisions [7] - Stocks rated 1 (Strong Buy) have historically outperformed the S&P 500, with an average annual return of +25.41% since 1988 [8] - To optimize returns, investors should focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [9] Stock Highlight: NICE - NICE is recognized for its AI-powered cloud platform in the customer experience sector, holding a Zacks Rank of 2 (Buy) and a VGM Score of B [11] - The company has a forward P/E ratio of 15.43, indicating attractive valuation metrics for value investors [11] - Recent upward revisions in earnings estimates by nine analysts have increased the Zacks Consensus Estimate for fiscal 2024 to $10.73 per share, with an average earnings surprise of 4.4% [12]
Nice (NICE) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2024-10-09 23:05
Nice (NICE) ended the recent trading session at $165.60, demonstrating a -0.63% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 0.71% for the day. Meanwhile, the Dow gained 1.03%, and the Nasdaq, a tech-heavy index, added 0.6%. Shares of the software company have appreciated by 3.73% over the course of the past month, underperforming the Computer and Technology sector's gain of 9.96% and the S&P 500's gain of 6.41%. The investment community will ...
NICE or INFA: Which Is the Better Value Stock Right Now?
ZACKS· 2024-10-09 16:48
Investors interested in Internet - Software stocks are likely familiar with Nice (NICE) and Informatica Inc. (INFA) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings estimate revision trends, an ...
NICE Plunges 14% Year to Date: How Should Investors Play the Stock?
ZACKS· 2024-10-07 17:50
Nice's (NICE) shares have declined 14.2% in the year-to-date period compared with the Zacks InternetSoftware industry's growth of 25.3% and the broader Zacks Computer & Technology sector's return of 24.2%. The underperformance can be attributed to strong competition from other industry players like Five9 (FIVN) , Salesforce and 8X8, who are expanding their portfolio in the CX market. In June, Five9 announced an enhanced collaboration with Salesforce, integrating AI-powered solutions to enhance customer expe ...
Nice (NICE) Increases Despite Market Slip: Here's What You Need to Know
ZACKS· 2024-10-03 23:05
In the latest trading session, Nice (NICE) closed at $166.98, marking a +0.48% move from the previous day. The stock outpaced the S&P 500's daily loss of 0.17%. At the same time, the Dow lost 0.44%, and the techheavy Nasdaq lost 0.04%. The software company's shares have seen an increase of 0.4% over the last month, not keeping up with the Computer and Technology sector's gain of 1.41% and the S&P 500's gain of 1.25%. Market participants will be closely following the financial results of Nice in its upcoming ...
Brokers Suggest Investing in Nice (NICE): Read This Before Placing a Bet
ZACKS· 2024-10-03 14:31
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about Nice (NICE) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Nice currently has an average brokerage recom ...
NICE Ltd (NICE) Stock Price Up 3.04% on Oct 2
GuruFocus· 2024-10-02 16:10
Group 1 - NICE Ltd's shares increased by 3.04% on October 2, reaching an intraday high of $170.33 before closing at $169.72, which is 37.31% below its 52-week high of $270.73 and 13.49% above its 52-week low of $149.54 [1] - The trading volume for NICE Ltd was 102,873 shares, representing 18.8% of the average daily volume of 547,299 shares [1] Group 2 - The average one-year price target for NICE Ltd, based on estimates from 14 analysts, is $264.93, indicating a potential upside of 56.10% from the current price of $169.72 [2] - The consensus recommendation from 16 brokerage firms gives NICE Ltd an average rating of 1.6, suggesting an "Outperform" status on a scale where 1 is Strong Buy and 5 is Sell [2] - GuruFocus estimates the GF Value for NICE Ltd at $278.30 in one year, implying a potential upside of 63.98% from the current price of $169.72 [2]
Nice (NICE) Ascends While Market Falls: Some Facts to Note
ZACKS· 2024-09-27 22:56
Nice (NICE) closed the latest trading day at $171.44, indicating a +1.46% change from the previous session's end. This move outpaced the S&P 500's daily loss of 0.13%. Meanwhile, the Dow experienced a rise of 0.33%, and the technology-dominated Nasdaq saw a decrease of 0.39%. Shares of the software company have depreciated by 3.07% over the course of the past month, underperforming the Computer and Technology sector's gain of 2.7% and the S&P 500's gain of 2.43%. The upcoming earnings release of Nice will b ...
Nice Launches AI Fraud Solution: How Should Investors Play the Stock?
ZACKS· 2024-09-25 16:50
Nice's (NICE) platform, Nice Actimize, recently introduced the market's first AI-powered Fraud Investigations solution, offering comprehensive end-to-end fraud management from detection to investigation. Designed to optimize fraud investigations post-detection, the solution helps financial institutions save time and reduce costs with its automated workflow and specialized fraud case management. Leveraging advanced Generative AI, the system automates key processes, enhancing customer responsiveness and ensur ...
Wall Street Bulls Look Optimistic About Nice (NICE): Should You Buy?
ZACKS· 2024-09-17 14:31
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Let's take a look at what these Wall Street heavyweights have to say about Nice (NICE) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Nice currently has an average broke ...