Nice (NICE) Outperforms Broader Market: What You Need to Know

Company Performance - Nice (NICE) closed at $173.87, marking a +0.42% move from the prior day, outperforming the S&P 500 which gained 0.36% [1] - Over the past month, shares of Nice gained 4.48%, surpassing the Computer and Technology sector's growth of 0% and the S&P 500's gain of 2.11% [1] Upcoming Earnings - Nice is projected to report earnings of $2.96 per share, representing year-over-year growth of 25.42% [2] - The revenue forecast for Nice is $713.01 million, indicating a 14.41% growth compared to the same quarter of the previous year [2] Analyst Projections - Recent shifts in analyst projections for Nice are important as they indicate changing near-term business trends [3] - Upbeat changes in estimates reflect analysts' favorable outlook on the company's business health and profitability [3] Valuation Metrics - Nice has a Forward P/E ratio of 14.08, which is a discount compared to the industry average Forward P/E of 31.23 [5] - The company has a PEG ratio of 0.97, significantly lower than the Internet-Software industry's average PEG ratio of 2.34 [6] Industry Ranking - The Internet-Software industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 73, placing it within the top 30% of over 250 industries [6] - The Zacks Rank system, which evaluates the average Zacks Rank of individual stocks, shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]