2024-05-22 07:47:57 ET
Summary
- NICE Ltd.'s share price has fallen significantly despite the company's strong financial performance and growth in revenue, earnings, and free cash flow.
- NICE is a market leader in the customer engagement and financial crime and compliance markets, with a comprehensive suite of products and a wealth of historical data for AI training.
- The company has a strong market position, with industry recognition and high customer impact, and is well-positioned to benefit from the growth in the customer experience industry.
Introduction: Why is NICE Undervalued
The share Price of NICE Ltd. (NICE) has been pulling back since reaching a high of $320 in November 2021 by November 2023 it had fallen to $150, it now stands at $200. During this time, NICE has increased its revenue, its earnings and its free cash flow. The chart below shows the share price is significantly lagging the performance of its profit generation ability and suggests the company may be significantly undervalued at present.
The chart shows the increase in EPS is now greater in percentage terms than the increase in share price, despite the near 300% run up in shares between the end of 2018 and 2021. Free cash flow continues to trend higher along with earnings, and recent management guidance points to more gains ahead....
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Unlocking Hidden Value: NICE Ltd. Deserves An Investment