In a report released today, Gary Prestopino from Barrington maintained a Hold rating on NIC Inc (NASDAQ: EGOV). The company’s shares closed yesterday at $13.54, close to its 52-week low of $12.65.
Prestopino observed:
“We are maintaining our 2018 and 2019 EPS estimates at $0.75 and $0.69, respectively. We have a MARKET PERFORM investment rating on the shares.”
According to TipRanks.com, Prestopino is a 3-star analyst with an average return of 1.8% and a 44.2% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services Inc, US Auto Parts Network, and Liquidity Services.
The the analyst consensus on NIC Inc is currently a Hold rating.
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NIC Inc’s market cap is currently $901.2M and has a P/E ratio of 16.11. The company has a Price to Book ratio of 4.66.
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NIC, Inc. engages in the provision of digital Government services to the government institutions and provides portal business and also maintains long-term contracts with state and local governments and designs, builds, and operates Internet-based, enterprise-wide portals on their behalf.
