NICE-Systems (NICE): Heavy Pre-Market Activity
Trade-Ideas LLC identified
(
) as a pre-market mover with heavy volume candidate. In addition to specific proprietary factors, Trade-Ideas identified NICE-Systems as such a stock due to the following factors:
- NICE has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $7.9 million.
- NICE traded 14,339 shares today in the pre-market hours as of 9:16 AM, representing 12% of its average daily volume.
EXCLUSIVE OFFER: Get the inside scoop on opportunities in NICE with the Ticky from Trade-Ideas. See the FREE profile for NICE NOW at Trade-Ideas
More details on NICE:
NICE-Systems Ltd. provides enterprise software solutions that enable organizations to enhance customer experience, drive business performance, ensure compliance, and fight financial crime. The stock currently has a dividend yield of 0.8%. NICE has a PE ratio of 27. Currently there are 4 analysts that rate NICE-Systems a buy, no analysts rate it a sell, and 1 rates it a hold.
The average volume for NICE-Systems has been 131,300 shares per day over the past 30 days. NICE-Systems has a market cap of $3.8 billion and is part of the technology sector and computer software & services industry. Shares are up 13.3% year-to-date as of the close of trading on Monday.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
Analysis:
rates NICE-Systems as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
Highlights from the ratings report include:
- NICE SYSTEMS LTD has improved earnings per share by 23.4% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, NICE SYSTEMS LTD increased its bottom line by earning $2.30 versus $1.66 in the prior year. This year, the market expects an improvement in earnings ($3.50 versus $2.30).
- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Software industry. The net income increased by 20.2% when compared to the same quarter one year prior, going from $29.24 million to $35.14 million.
- Despite its growing revenue, the company underperformed as compared with the industry average of 8.7%. Since the same quarter one year prior, revenues slightly increased by 4.3%. Growth in the company's revenue appears to have helped boost the earnings per share.
- NICE has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.13, which illustrates the ability to avoid short-term cash problems.
- You can view the full NICE-Systems Ratings Report.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
