NIC Stock Analysis, Valuation (NASDAQ:EGOV)
Watch the robo advisor video of NIC stock analysis on Amigobulls. Our EGOV analysis video highlights revenue and profit trends along with other important metrics such as valuation to find what makes the stock attractive.
Note: Amigobulls stock rating is our opinion based on the historical performance of the company's fundamentals. It is not indicative of the future performance of the stock.
NIC Inc. Stock Rating 3.9/5
We at Amigobulls use various financial measures including profit margins, revenue growth and dividends for EGOV stock analysis. We also use relative valuation metrics like PE ratio and price to sales ratio for NIC valuation analysis. NIC stock rating encapsulates our opinion about the company based on the fundamentals.
Should you buy EGOV stock?
- The TTM operating margin was good at 23.2 for NIC.
- Net margins stood at a healthy 16.5% (average) for NIC in the Trailing Twelve Months.
- The NIC stock currently trades at a price to earnings ratio of 19.8, compared to the sector average of 25.8. We rate this as a positive.
- The LTM ROE of 34.7 for NIC is attractive.
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Amigobulls NIC stock analysis helps in evaluating the financial statements of a company to arrive at a conclusion about the fair value of EGOV stock. Company's fundamentals remain one of the key driver of EGOV stock and helps investors in making good buy and sell decision.
NIC revenue growth is an indicator of the demand for a company's products while profit margin is indicative of company's pricing power and pricing strategy. Along with fundamentals, investors can utilize technical analysis to get a better idea about the price trend of NIC stock.