Nice Systems Ltd. (NASDAQ:NICE) issued its quarterly earnings results on Thursday. The company reported $0.83 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.81 by $0.02. The company had revenue of $237.20 million for the quarter, compared to the consensus estimate of $239.81 million. Nice Systems had a return on equity of 13.37% and a net margin of 27.48%.

Nice Systems (NASDAQ:NICE) opened at 68.88 on Thursday. The firm’s 50-day moving average is $0.00 and its 200-day moving average is $0.00. Nice Systems has a 52 week low of $54.12 and a 52 week high of $69.46.

Earnings History for Nice Systems (NASDAQ:NICE)

NICE has been the topic of several research analyst reports. Zacks Investment Research downgraded Nice Systems from a “hold” rating to a “sell” rating in a research report on Thursday, September 15th. Oppenheimer Holdings Inc. reaffirmed an “outperform” rating and issued a $75.00 price target on shares of Nice Systems in a research report on Monday, September 26th. Imperial Capital reaffirmed an “outperform” rating and issued a $74.00 price target on shares of Nice Systems in a research report on Sunday, July 17th. Chardan Capital raised their price target on Nice Systems from $70.00 to $72.00 and gave the company a “buy” rating in a research report on Thursday, July 28th. Finally, JMP Securities reaffirmed a “buy” rating on shares of Nice Systems in a research report on Wednesday, August 31st. One analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the stock. Nice Systems presently has a consensus rating of “Buy” and a consensus target price of $73.29.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Emerald Acquisition Ltd. raised its position in shares of Nice Systems by 32.1% in the third quarter. Emerald Acquisition Ltd. now owns 12,147 shares of the company’s stock worth $813,000 after buying an additional 2,951 shares during the last quarter. Ranger Investment Management L.P. raised its position in shares of Nice Systems by 117.5% in the second quarter. Ranger Investment Management L.P. now owns 7,810 shares of the company’s stock worth $499,000 after buying an additional 4,220 shares during the last quarter. Marshall Wace LLP acquired a new position in shares of Nice Systems during the second quarter worth about $1,669,000. Parametric Portfolio Associates LLC raised its position in shares of Nice Systems by 8.5% in the second quarter. Parametric Portfolio Associates LLC now owns 62,664 shares of the company’s stock worth $4,001,000 after buying an additional 4,899 shares during the last quarter. Finally, Janus Capital Management LLC raised its position in shares of Nice Systems by 5.6% in the second quarter. Janus Capital Management LLC now owns 4,082,428 shares of the company’s stock worth $260,663,000 after buying an additional 215,720 shares during the last quarter. Hedge funds and other institutional investors own 39.66% of the company’s stock.

About Nice Systems

NICE Ltd., formerly NICE-Systems Ltd., is a global enterprise software provider. The Company’s segments include Customer Interactions Solutions, and Financial Crime and Compliance Solutions. The Customer Interactions Solutions segment provides data driven insights that enable businesses to deliver personalized experience to customers.

5 Day Chart for NASDAQ:NICE

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