Analyst Ratings for NIC Inc. (EGOV)Updated: 2017-07-28
Shares of NIC Inc. (NASDAQ:EGOV) have received a consensus rating of Hold from Wall Street analysts. Last month, EGOV received an average rating of Hold.
1 analysts declared EGOV a buy, 0 gave an overweight rating, 7 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. During this time, the number of analysts bearish on the stock has increased by 0.
A number of analysts gave price targets for EGOV. The highest price target was 23, which equates to a potential upside of 43.75 percent. The most pessimistic price target was 16, which equates to a potential downside of 0 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -5.26 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.41 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 2.82 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of EGOV to grow at a rate of -16.02 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. EGOV has a PEG ratio of -1.17.
EGOV has a 52-week high of 25.90 and a 52-week low of 15.80. Currently the stock is 1.27 percent higher than its low, and below the high by 38.22 percent. EGOV has a price/earnings ratio of 18.82. Investors typically compare the P/E ratio to a company's peers in the industry. The EGOV value stock report compares EGOV to some of its peers using value stock charts. The market cap of EGOV is $1.08 billion. EGOV's next earnings release will be on 0000-00-00, which is days away.