Nice (NICE) Exceeds Market Returns: Some Facts to Consider

Company Performance - Nice's stock closed at $156.78, reflecting a +1.81% increase from the previous trading day's closing, outperforming the S&P 500's daily gain of 0.08% [1] - Over the past month, Nice's shares appreciated by 0.27%, contrasting with the Computer and Technology sector's loss of 12.04% and the S&P 500's loss of 7.33% [1] Upcoming Financial Results - Nice is projected to report earnings of $2.84 per share, indicating a year-over-year growth of 10.08%, with expected revenue of $699.39 million, up 6.08% from the prior-year quarter [2] - For the full year, analysts expect earnings of $12.23 per share and revenue of $2.93 billion, marking changes of +9.98% and +7%, respectively, from last year [3] Analyst Estimates and Valuation - Recent changes to analyst estimates for Nice suggest a favorable outlook on the company's business health and profitability [4] - Nice currently holds a Zacks Rank of 3 (Hold), with a Forward P/E ratio of 12.59, which is a discount compared to the industry average Forward P/E of 27.92 [6] - The company has a PEG ratio of 0.86, significantly lower than the Internet-Software industry's average PEG ratio of 2.06 [7] Industry Context - The Internet-Software industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 81, placing it in the top 33% of over 250 industries [7] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]