Nice-Systems Ltd (ADR) (NICE) was Initiated by Chardan Capital Markets to “Buy” and the brokerage firm has set the Price Target at $63. Chardan Capital Markets advised their investors in a research report released on Jun 22, 2016.
Many Wall Street Analysts have commented on Nice-Systems Ltd (ADR). Nice-Systems Ltd (ADR) was Upgraded by JMP Securities to ” Mkt Outperform” on May 26, 2016.
On the company’s financial health, Nice-Systems Ltd (ADR) reported $0.81 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on May 5, 2016. Analyst had a consensus of $0.74. The company had revenue of $226.10 million for the quarter, compared to analysts expectations of $225.57 million. The company’s revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.72 EPS.
Nice-Systems Ltd (ADR) opened for trading at $62.04 and hit $62.975 on the upside on Monday, eventually ending the session at $62.61, with a gain of 2.79% or 1.7 points. The heightened volatility saw the trading volume jump to 1,26,166 shares. Company has a market cap of $3,727 M.
NICE-Systems Ltd. is a global software company. The Company provides solutions for enterprises and security-sensitive organizations for the prevention of financial crimes and fraud and for security and public safety. It operates in three segments: Customer Interactions Solutions Security Solutions and Financial Crime and Compliance Solutions. The Company captures various types of data (including structured and unstructured interactions and transactions) from multiple sources (such as communication channels and operational systems) and acts upon it through analysis that provides insight and decisioning in real time. Its solutions capture interactions and transactions from multiple sources including telephones closed-circuit television (CCTV) video feed emergency services radio communications e-mail chat and social media among others. Its solutions include NICE Inform NICE Audio Recording NiceVision Net NiceVision Video Analytics and NICE Situator among others.