News headlines about NIC (NASDAQ:EGOV) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. NIC earned a daily sentiment score of 0.10 on Accern’s scale. Accern also assigned press coverage about the software maker an impact score of 45.4286490029301 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news stories that may have impacted Accern’s rankings:
Shares of NIC (EGOV) traded up $0.05 during midday trading on Wednesday, hitting $14.00. The company had a trading volume of 20,357 shares, compared to its average volume of 749,328. The stock has a market cap of $934.53, a PE ratio of 18.18, a P/E/G ratio of 1.66 and a beta of 0.56. NIC has a 1 year low of $12.65 and a 1 year high of $22.40.
NIC (NASDAQ:EGOV) last issued its quarterly earnings data on Wednesday, January 31st. The software maker reported $0.16 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.16. The firm had revenue of $83.47 million during the quarter, compared to analysts’ expectations of $81.01 million. NIC had a return on equity of 33.25% and a net margin of 15.34%. The firm’s quarterly revenue was up 6.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.20 EPS. equities analysts expect that NIC will post 0.85 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 20th. Investors of record on Tuesday, March 6th will be paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.29%. The ex-dividend date of this dividend is Monday, March 5th. NIC’s dividend payout ratio (DPR) is currently 41.56%.
Several equities research analysts have weighed in on EGOV shares. Zacks Investment Research upgraded NIC from a “sell” rating to a “hold” rating in a report on Tuesday, January 30th. BidaskClub cut NIC from a “hold” rating to a “sell” rating in a report on Friday, December 29th. Finally, Loop Capital decreased their price objective on NIC to $14.00 and set a “hold” rating for the company in a research note on Friday, February 2nd. Six equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $18.33.
NIC Inc is a provider of digital government services that help governments use technology to provide services to businesses and citizens. The Company operates through Outsourced Portals segment. The Company offers its services through two channels: primary outsourced portal businesses, and software and services businesses.