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.
Several price targets were given for EGOV by the analysts covering the stock. The maximum price target given was 23, which equates to a potential upside of 43.75 percent. The most pessimistic price target 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. Meanwhile, fiscal year estimates have been revised upwards by 1.41 percent, compared to last month. 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. Over the past month, 0 analysts increased their quarterly estimates, 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, compared to 0 analysts that revised their FY estimates downwards.
EGOV has an estimated earnings growth rate of -16.02 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. 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 market cap of EGOV is $1.08 billion. EGOV's next earnings release will be on 0000-00-00, which is days away.