NICE Ltd ADR (NASDAQ: NICE)’s stock price has increased by 0.04 compared to its previous closing price of 165.60. However, the company has seen a -0.78% decrease in its stock price over the last five trading sessions. zacks.com reported 2024-10-10 that Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Is It Worth Investing in NICE Ltd ADR (NASDAQ: NICE) Right Now?
NICE Ltd ADR (NASDAQ: NICE) has a price-to-earnings ratio that is above its average at 27.66x. The stock has a 36-month beta value of 1.04. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 2 as “overweight,” 8 as “hold,” and 0 as “sell.”
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The public float for NICE is 62.74M, and at present, short sellers hold a 3.47% of that float. On October 11, 2024, the average trading volume of NICE was 504.20K shares.
NICE’s Market Performance
NICE stock saw an increase of -0.78% in the past week, with a monthly gain of 2.19% and a quarterly increase of -4.89%. The volatility ratio for the week is 2.67%, and the volatility levels for the last 30 days are 2.50% for NICE Ltd ADR (NICE). The simple moving average for the past 20 days is -0.86% for NICE’s stock, with a -17.03% simple moving average for the past 200 days.
Analysts’ Opinion of NICE
Many brokerage firms have already submitted their reports for NICE stocks, with Rosenblatt repeating the rating for NICE by listing it as a “Buy.” The predicted price for NICE in the upcoming period, according to Rosenblatt is $285 based on the research report published on April 23, 2024 of the current year 2024.
DA Davidson, on the other hand, stated in their research note that they expect to see NICE reach a price target of $300, previously predicting the price at $250. The rating they have provided for NICE stocks is “Buy” according to the report published on March 13th, 2024.
Northland Capital gave a rating of “Outperform” to NICE, setting the target price at $300 in the report published on January 30th of the current year.
NICE Trading at -1.83% from the 50-Day Moving Average
After a stumble in the market that brought NICE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -38.81% of loss for the given period.
Volatility was left at 2.50%, however, over the last 30 days, the volatility rate increased by 2.67%, as shares surge +1.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.47% lower at present.
During the last 5 trading sessions, NICE fell by -0.78%, which changed the moving average for the period of 200-days by -17.44% in comparison to the 20-day moving average, which settled at $167.11. In addition, NICE Ltd ADR saw -16.96% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for NICE
Current profitability levels for the company are sitting at:
- 0.2 for the present operating margin
- 0.67 for the gross margin
The net margin for NICE Ltd ADR stands at 0.16. The total capital return value is set at 0.12. Equity return is now at value 11.94, with 7.94 for asset returns.
Based on NICE Ltd ADR (NICE), the company’s capital structure generated 0.12 points at debt to capital in total, while cash flow to debt ratio is standing at 1.51. The debt to equity ratio resting at 0.14. The interest coverage ratio of the stock is 190.36.
Currently, EBITDA for the company is 616.57 million with net debt to EBITDA at -0.25. When we switch over and look at the enterprise to sales, we see a ratio of 4.02. The receivables turnover for the company is 4.39for trailing twelve months and the total asset turnover is 0.5. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.45.
Conclusion
To sum up, NICE Ltd ADR (NICE) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
