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Nice (NICE) Stock Falls Amid Market Uptick: What Investors Need to Know
NICENICE(US:NICE) ZACKSยท2025-01-09 23:55

Company Performance - Nice (NICE) closed at $165.72, reflecting a -0.37% change from the previous day, underperforming the S&P 500 which gained 0.16% [1] - Over the past month, Nice's shares have decreased by 9.55%, compared to a loss of 0.39% in the Computer and Technology sector and a 2.7% loss in the S&P 500 [1] Upcoming Earnings - Nice is expected to report an EPS of $2.96, indicating a 25.42% increase from the same quarter last year [2] - Revenue is forecasted at $713.01 million, representing a 14.41% growth from the prior-year quarter [2] Analyst Forecasts - Recent revisions to analyst forecasts for Nice are important as they reflect near-term business trends and analysts' confidence in the company's performance [3] - The Zacks Rank system, which incorporates these estimate changes, provides actionable ratings for stocks [4] Valuation Metrics - Nice has a Forward P/E ratio of 13.48, significantly lower than the industry average of 28.07, suggesting it is trading at a discount [6] - The PEG ratio for Nice is 0.93, compared to an industry average of 2.1, indicating favorable growth expectations relative to its valuation [6] Industry Context - The Internet - Software industry, which includes Nice, has a Zacks Industry Rank of 25, placing it in the top 10% of over 250 industries [7] - Strong industry rankings correlate with stock performance, with the top 50% of rated industries outperforming the bottom half by a factor of 2 to 1 [7]