NICE Stock Summary and Trading Ideas (Nice - American Depositary Shares Each Representing One Ordinary Share | NASDAQ:NICE)

Nice is an enterprise software company that serves the customer engagement and financial crime and compliance markets. The company provides data analytics-based solutions through both a cloud platform and on-premises infrastructure. Within customer engagement, Nice's CXone platform delivers solutions focused on contact center software and workforce engagement management, or WEM. Contact center offerings include solutions for digital self-service, customer journey and experience optimization, and compliance. WEM products optimize call center efficiency, leveraging data and AI analytics for call volume forecasting and agent scheduling. Within financial crime and compliance, Nice offers risk and investigation management, fraud prevention, anti-money laundering, and compliance solutions.

Nice - American Depositary Shares Each Representing One Ordinary Share trades on the NASDAQ stock market under the symbol NICE.

As of December 13, 2024, NICE stock price declined to $186.67 with 331,881 million shares trading.

NICE has a beta of 1.66, meaning it tends to be more sensitive to market movements. NICE has a correlation of 0.30 to the broad based SPY ETF.

NICE has a market cap of $11.74 billion. This is considered a Large Cap stock.

Last quarter Nice - American Depositary Shares Each Representing One Ordinary Share reported $690 million in Revenue and $2.88 earnings per share. This beat revenue expectation by $7 million and exceeded earnings estimates by $.20.

In the last 3 years, NICE traded as high as $312.00 and as low as $149.54.

The top ETF exchange traded funds that NICE belongs to (by Net Assets): ROBT, ITEQ, FMCX, ISRA, QQQJ.

NICE has underperformed the market in the last year with a return of -7.0%, while SPY returned +29.9%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in NICE shares. However, NICE has outperformed the market in the last 3 month and 2 week periods, returning +13.2% and +2.3%, while SPY returned +7.8% and +0.3%, respectively. This indicates NICE has been having a stronger performance recently.

NICE support price is $187.42 and resistance is $197.24 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NICE shares will trade within this expected range on the day.