In a report released today, Gary Prestopino from Barrington maintained a Hold rating on NIC Inc (NASDAQ: EGOV). The company’s shares opened today at $16.25.
According to TipRanks.com, Prestopino is a 4-star analyst with an average return of 10.6% and a 65.8% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services Inc, Liquidity Services, and Ritchie Bros.
NIC Inc has an analyst consensus of Hold.
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Based on NIC Inc’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $15.34 million. In comparison, last year the company had a net profit of $13.85 million.
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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.
