Nice Ltd Adr Stock Buy Hold or Sell Recommendation
| NICE Stock | USD 230.95 0.41 0.18% |
Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding Nice Ltd ADR is 'Buy'. Macroaxis provides Nice buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Nice positions. The advice algorithm takes into account all of Nice's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Nice's buy or sell advice are summarized below:
Real Value 240.66 | Target Price 248.27 | Hype Value 231.58 | Market Value 230.95 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Nice Ltd ADR given historical horizon and risk tolerance towards Nice. When Macroaxis issues a 'buy' or 'sell' recommendation for Nice Ltd ADR, the advice is generated through an automated system that utilizes algorithms and statistical models.
Nice |
Execute Nice Buy or Sell Advice
The Nice recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nice Ltd ADR. Macroaxis does not own or have any residual interests in Nice Ltd ADR or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nice's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Buy
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Nice Trading Alerts and Improvement Suggestions
| Nice Ltd ADR is unlikely to experience financial distress in the next 2 years | |
| Nice Ltd ADR has a strong financial position based on the latest SEC filings | |
| About 66.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: NICE Actimize Positioned as a Leading Luminary in Financial Crime Technology in Celents 2024 Watchlist Screening Report |
Nice Returns Distribution Density
The distribution of Nice's historical returns is an attempt to chart the uncertainty of Nice's future price movements. The chart of the probability distribution of Nice daily returns describes the distribution of returns around its average expected value. We use Nice Ltd ADR price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nice returns is essential to provide solid investment advice for Nice.
| Mean Return | 0.19 | Value At Risk | -2.48 | Potential Upside | 3.05 | Standard Deviation | 1.87 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nice historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Nice Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Nice is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nice Ltd ADR backward and forwards among themselves. Nice's institutional investor refers to the entity that pools money to purchase Nice's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Rivulet Capital, Llc | 2023-12-31 | 1 M | Bessemer Group Inc | 2023-12-31 | 945.5 K | Rgm Capital Llc | 2023-12-31 | 939.3 K | Vulcan Value Partners, Llc | 2023-12-31 | 894 K | Boston Partners Global Investors, Inc | 2023-12-31 | 881.2 K | Blackrock Inc | 2023-12-31 | 868.9 K | Arrowstreet Capital Limited Partnership | 2023-12-31 | 738.3 K | Franklin Resources Inc | 2023-12-31 | 648.2 K | Ccla Investment Management Ltd | 2023-12-31 | 617.5 K | Capital Research Global Investors | 2023-12-31 | 5 M | Hhg Plc | 2023-12-31 | 2.5 M |
Nice Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 18.2M | (44.2M) | (67.2M) | (24.7M) | (22.3M) | (21.1M) | |
| Change In Cash | (13.8M) | 213.9M | (63.6M) | 154.4M | (16.3M) | (15.5M) | |
| Free Cash Flow | 312.2M | 417.0M | 394.6M | 397.8M | 465.0M | 488.2M | |
| Depreciation | 173.2M | 182.0M | 184.1M | 176.5M | 167.4M | 175.7M | |
| Other Non Cash Items | 6.1M | 11.2M | 38.6M | 14.3M | 2.5M | 2.4M | |
| Dividends Paid | 5.4M | (8.9M) | (4.4M) | (953K) | (857.7K) | (814.8K) | |
| Capital Expenditures | 62.0M | 63.3M | 67.2M | 81.9M | 84.2M | 88.4M | |
| Net Income | 185.9M | 196.3M | 199.2M | 265.9M | 338.3M | 355.2M | |
| End Period Cash Flow | 228.3M | 442.3M | 378.7M | 533.1M | 513.3M | 539.0M | |
| Investments | (344.3M) | (465.1M) | (51.5M) | (152.4M) | (27.7M) | (29.1M) | |
| Net Borrowings | (816K) | 236.2M | (177.3M) | (20.1M) | (18.1M) | (17.2M) | |
| Change To Netincome | 36.6M | 65.2M | 66.0M | 144.2M | 165.8M | 174.1M |
Nice Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Nice or Software sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Nice's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Nice stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.10 | |
β | Beta against NYSE Composite | 1.34 | |
σ | Overall volatility | 1.83 | |
Ir | Information ratio | 0.07 |
Nice Volatility Alert
Nice Ltd ADR has relatively low volatility with skewness of 1.42 and kurtosis of 5.55. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nice's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Nice's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Nice Fundamentals Vs Peers
Comparing Nice's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Nice's direct or indirect competition across all of the common fundamentals between Nice and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nice or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Nice's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nice by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Nice to competition |
| Fundamentals | Nice | Peer Average |
| Return On Equity | 0.11 | -0.31 |
| Return On Asset | 0.054 | -0.14 |
| Profit Margin | 0.14 % | (1.27) % |
| Operating Margin | 0.19 % | (5.51) % |
| Current Valuation | 13.93 B | 16.62 B |
| Shares Outstanding | 63.06 M | 571.82 M |
| Shares Owned By Institutions | 66.40 % | 39.21 % |
| Number Of Shares Shorted | 2.74 M | 4.71 M |
| Price To Earning | 64.39 X | 28.72 X |
| Price To Book | 4.38 X | 9.51 X |
| Price To Sales | 6.40 X | 11.42 X |
| Revenue | 2.38 B | 9.43 B |
| Gross Profit | 1.5 B | 27.38 B |
| EBITDA | 616.57 M | 3.9 B |
| Net Income | 338.3 M | 570.98 M |
| Cash And Equivalents | 1.43 B | 2.7 B |
| Cash Per Share | 22.48 X | 5.01 X |
| Total Debt | 782.97 M | 5.32 B |
| Debt To Equity | 0.27 % | 48.70 % |
| Current Ratio | 2.00 X | 2.16 X |
| Book Value Per Share | 53.14 X | 1.93 K |
| Cash Flow From Operations | 549.16 M | 971.22 M |
| Short Ratio | 7.60 X | 4.00 X |
| Earnings Per Share | 5.10 X | 3.12 X |
| Price To Earnings To Growth | 1.84 X | 4.89 X |
| Target Price | 299.77 | |
| Number Of Employees | 8.38 K | 18.84 K |
| Beta | 0.41 | -0.15 |
| Market Capitalization | 14.8 B | 19.03 B |
| Total Asset | 5.12 B | 29.47 B |
| Retained Earnings | 2.26 B | 9.33 B |
| Working Capital | 1.19 B | 1.48 B |
| Current Asset | 655.15 M | 9.34 B |
Nice Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nice . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Nice Buy or Sell Advice
When is the right time to buy or sell Nice Ltd ADR? Buying financial instruments such as Nice Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 487.5M | 526.5M | 528.7M | 555.1M | Total Assets | 4.7B | 4.9B | 5.1B | 5.4B |
Use Investing Ideas to Build Portfolios
In addition to having Nice in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Synthetics Thematic Idea Now
Synthetics
Companies involved in production of silicon and other synthetic products . The Synthetics theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Synthetics Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Nice Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Nice Ltd ADR information on this page should be used as a complementary analysis to other Nice's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for Nice Stock analysis
When running Nice's price analysis, check to measure Nice's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nice is operating at the current time. Most of Nice's value examination focuses on studying past and present price action to predict the probability of Nice's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nice's price. Additionally, you may evaluate how the addition of Nice to your portfolios can decrease your overall portfolio volatility.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |
Is Nice's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nice. If investors know Nice will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nice listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.168 | Earnings Share 5.1 | Revenue Per Share 1.4955 | Quarterly Revenue Growth 0.096 | Return On Assets 0.054 |
The market value of Nice Ltd ADR is measured differently than its book value, which is the value of Nice that is recorded on the company's balance sheet. Investors also form their own opinion of Nice's value that differs from its market value or its book value, called intrinsic value, which is Nice's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nice's market value can be influenced by many factors that don't directly affect Nice's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nice's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nice is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nice's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.