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 most optimistic analyst gave a price target of 23, which equates to a potential upside of 43.75 percent. The minimum price target given was 16, implying a possible loss of 0 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -5.26 percent if we expand the time horizon to include the past 3 months instead of just one. 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.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
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. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. EGOV has a PEG ratio of -1.17.
In the trailing 52-weeks, EGOV hit 25.90 at the highest peak, while it's lowest trading point was 15.80. Today's price is 1.27 percent above the 52-week low, and below the high by 38.22 percent. EGOV has a P/E 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 stock has a market capitalization of $1.08 billion. EGOV is estimated to release their earnings results for the quarter on 0000-00-00, days from today.