Nice Systems Ltd. (NASDAQ:NICE) updated its fourth quarter earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $1.10-1.22 for the period, compared to the Thomson Reuters consensus estimate of $1.12. The company issued revenue guidance of $320-334 million, compared to the consensus revenue estimate of $302.68 million.

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

Shares of Nice Systems Ltd. (NASDAQ:NICE) opened at 68.88 on Thursday. The stock’s 50 day moving average price is $66.76 and its 200 day moving average price is $65.54. The firm has a market cap of $4.10 billion, a PE ratio of 16.10 and a beta of 0.89. Nice Systems Ltd. has a 12-month low of $54.12 and a 12-month high of $69.46.

Nice Systems (NASDAQ:NICE) last posted its quarterly earnings results on Thursday, November 10th. 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 analysts’ expectations of $240.07 million. Nice Systems had a return on equity of 13.37% and a net margin of 27.48%. The firm’s revenue was up 8.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.75 earnings per share. On average, equities research analysts predict that Nice Systems Ltd. will post $3.55 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Emerald Acquisition Ltd. boosted its position in Nice Systems by 32.1% in the third quarter. Emerald Acquisition Ltd. now owns 12,147 shares of the company’s stock valued at $813,000 after buying an additional 2,951 shares in the last quarter. Ranger Investment Management L.P. increased its position in 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 period. Marshall Wace LLP bought a new position in Nice Systems during the second quarter worth $1,669,000. Parametric Portfolio Associates LLC increased its position in 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 period. Finally, Janus Capital Management LLC increased its position in 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 period. 39.66% of the stock is currently owned by institutional investors.

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.

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