Nice Shares Tumble 4.7%, Forecasted 6.3% EPS Growth on $778.7M Revenue
Nice shares plunged 4.69% on February 12, underperforming the S&P 500's 1.57% drop, and have slid 3.55% over the past month versus a 1.83% sector decline. February 19 results are expected to show 6.3% per-share earnings growth to $3.21 on 7.9% revenue growth to $778.7 million.
1. Stock Performance
On February 12, Nice shares dropped 4.69%, exceeding the S&P 500's 1.57% decline. Over the past month, the stock has fallen 3.55%, lagging the Computer and Technology sector’s 1.83% loss and signaling investor caution ahead of earnings.
2. Quarterly Earnings Forecast
Analysts forecast February 19 results to deliver $3.21 per share in earnings, a 6.29% year-over-year increase, on revenue of $778.66 million, up 7.91% from the same quarter last year.
3. Valuation Metrics
Nice trades at a forward P/E of 9.8, roughly half the Internet-Software industry average of 19.53. Its PEG ratio stands at 1.37 versus the industry’s 1.11, indicating a valuation discount relative to peers.
4. Analyst Rank & Outlook
Consensus EPS estimates have declined 3.19% over the past month, resulting in a Zacks Rank of #4 (Sell). Full-year projections anticipate $12.26 in EPS (+10.25%) and $2.94 billion in revenue (+7.4%), reflecting tempered growth expectations.