Group 1 - NICE has been named "Stock to Study" by BetterInvesting Magazine for its January/February 2025 issue, indicating potential interest from investors regarding its valuation [1] - The fundamental data for NICE, including sales, earnings, pre-tax profit, and return on equity, is accessible through the National Association of Investors [2] - A full report on NICE will be published in the upcoming issue of BetterInvesting Magazine, providing detailed insights for investors [2] Group 2 - The same issue of BetterInvesting Magazine will feature a fundamental review of Sysco Corp. (SYY: NYSE), which is considered undervalued by the Editorial Advisory and Securities Review Committee [3] - The committee consists of several CFA members, indicating a professional and thorough evaluation process for the stocks being studied [3]

Nice (NICE) is set to release third-quarter 2024 results on Nov. 14.For the to-be-reported quarter, NICE expects non-GAAP revenues between $676 million and $686 million, indicating 13% year-over-year growth at the midpoint.The Zacks Consensus Estimate for revenues is pegged at $682.67 million, indicating an increase of 13.52% from the year-ago quarter’s reported figure.Non-GAAP earnings are estimated in the $2.62-2.72 per share band, suggesting 18% year-over-year growth at the midpoint.The consensus mark fo ...

Wall Street analysts forecast that Nice (NICE) will report quarterly earnings of $2.68 per share in its upcoming release, pointing to a year-over-year increase of 18.1%. It is anticipated that revenues will amount to $682.67 million, exhibiting an increase of 13.5% compared to the year-ago quarter.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial project ...

Core Viewpoint - The average brokerage recommendation (ABR) for Nice (NICE) is 1.07, indicating a strong buy sentiment from analysts, but caution is advised as brokerage recommendations may not reliably predict stock price movements [2][3][11]. Brokerage Recommendations - Nice has an ABR of 1.07, with 14 out of 15 recommendations classified as Strong Buy and one as Buy, translating to 93.3% and 6.7% respectively [2]. - Despite the strong ABR, studies suggest limited success of brokerage recommendations in guiding investors towards stocks with the highest price increase potential [3][8]. Analyst Bias - Analysts from brokerage firms tend to exhibit a strong positive bias in their ratings, with five "Strong Buy" recommendations for every "Strong Sell" [4][8]. - This bias indicates a misalignment of interests between brokerage firms and retail investors, potentially misleading investors regarding future stock price movements [5][8]. Zacks Rank Comparison - Zacks Rank, a proprietary stock rating tool, categorizes stocks from 1 (Strong Buy) to 5 (Strong Sell) and is based on earnings estimate revisions, which are correlated with near-term stock price movements [6][9]. - The Zacks Rank is more timely and reflects current earnings estimates, unlike the ABR, which may not be up-to-date [10]. Current Earnings Estimates - The Zacks Consensus Estimate for Nice remains unchanged at $10.73 over the past month, suggesting stable analyst views on the company's earnings prospects [11]. - The unchanged consensus estimate has resulted in a Zacks Rank of 3 (Hold) for Nice, indicating a cautious approach despite the favorable ABR [12].

Nice (NICE) closed the latest trading day at $169.49, indicating a -1.41% change from the previous session's end. This move lagged the S&P 500's daily loss of 0.28%. On the other hand, the Dow registered a loss of 0.61%, and the technology-centric Nasdaq decreased by 0.33%.Heading into today, shares of the software company had gained 0.51% over the past month, lagging the Computer and Technology sector's gain of 2.1% and outpacing the S&P 500's gain of 0.41% in that time.Market participants will be closely ...

Core Viewpoint - Nice (NICE) is showing strong performance relative to its sector and the S&P 500, with upcoming earnings expected to reflect significant year-over-year growth in both earnings and revenue [1][2]. Group 1: Stock Performance - Nice's stock closed at $177.55, down 0.31% from the previous day, while the S&P 500 lost 0.05% [1]. - Over the past month, Nice's shares have increased by 6.68%, outperforming the Computer and Technology sector's gain of 3.5% and the S&P 500's gain of 2.76% [1]. Group 2: Earnings Expectations - Analysts expect Nice to report earnings of $2.68 per share, representing a year-over-year growth of 18.06% [1]. - The Zacks Consensus Estimate for revenue is projected at $682.67 million, which is a 13.52% increase from the previous year [1]. - For the entire fiscal year, earnings are projected at $10.73 per share and revenue at $2.73 billion, indicating growth rates of +22.07% and +14.72%, respectively [1]. Group 3: Analyst Estimates and Rankings - Recent changes to analyst estimates for Nice have remained unchanged, indicating stability in short-term business trends [2]. - Nice currently holds a Zacks Rank of 3 (Hold), reflecting a neutral outlook based on analyst estimates [2]. Group 4: Valuation Metrics - Nice is trading at a Forward P/E ratio of 16.6, which is below the industry average of 32.36 [3]. - The company has a PEG ratio of 1.14, compared to the Internet - Software industry's average PEG ratio of 2.19 [3]. - The Internet - Software industry is ranked 57 in the Zacks Industry Rank, placing it in the top 23% of over 250 industries [3].

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) 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 ...

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'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 ...