UP!

EGOV $34

EGOV target price
34.00
0
0
NIC Inc.
Type
Public
Traded as NASDAQ: EGOV
S&P 600 Component
Industry Technology services
Founded
  • 1992 as Kansas Information Consortium
  • 1999 as National Information Consortium
Headquarters Olathe, Kansas, United States
Key people
  • Harry Herington (CEO) (Chairman of the Board)
  • Steve Kovzan (CFO)
  • Robert Knapp (COO)
  • Jayne Friedland Holland (CSO) (Associate General Counsel)
  • William Van Asselt (General Counsel)
Services
  • Digital Government Services
  • Payment Processing
Revenue $390.57 Million (As of 2016 Q3)
Number of employees
900+ Nationwide (As of 2016)
Website http://www.egov.com

NIC Inc. (NASDAQ: EGOV) is an information service provider for federal and state government in the United States. It was founded in 1991 and is headquartered in Olathe, Kansas. As an eGovernment provider, it has long-term contracts with 3,500 state and local government and federal agencies to provide the IT software, system, consultancy and other relevant services. As of February 23, 2014, the company has an enterprise of $1.20 billion with a market capitalization of $1.27 billion. In 2013, Forbes listed it as one of America’s Best Small Companies. On February 24, 2014, The company's pre-employment screening program (PSP) customer service team was awarded a Bronze Stevie Award for supporting for the U.S. Department of Transportation Federal Motor Carrier Safety Administration (FMCSA).

The company has two segments including out-sourced portal businesses segment and software & service segment. The main service of out-sourced portal business segment is to develop governmental portals and support its operations. Additionally, the other segment is engaged in developing software for state and local governments. Software & service segment has a subsidiary, NIC Technologies, to operate its business. It generates revenue from the contract with Federal Motor Carrier Safety Administration for the development of the Pre-employment Screen Program. The maintenance of the program is another profit point for the company.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q2 2021 2021-07-27 Future report Set alerts
Q1 2021 2021-04-26 Future report Set alerts
Q4 2020 2021-02-10 0.26 0.26
Q3 2020 2020-10-28 0.00 0.00
Q2 2020 2020-07-29 0.20 0.20
Q1 2020 2020-04-27 0.18 0.18
Q4 2019 2020-01-29 0.15 0.15
Q3 2019 2019-10-30 0.21 0.21
Q2 2019 2019-07-31 0.21 0.21
Q1 2019 2019-05-06 0.17 0.17

Ratings

2016-05-03 Boost Price Target Imperial Capital In to In-Line $19.00 to $21.00
2016-02-09 Reiterated Rating Imperial Capital In to In-Line $22.00 to $19.00
2016-02-05 Upgrade Sidoti Neutral to Buy
2016-02-05 Downgrade Avondale Partners Outperform to Market Perform $21.00 to $18.00
2015-11-18 Boost Price Target Imperial Capital In to In-Line $20.00 to $22.00
2015-09-10 Downgrade Sidoti Buy to Neutral
2015-08-17 Downgrade Stephens Overweight to Equal Weight $21.00
2015-06-17 Reiterated Rating Maxim Group Hold
2015-01-23 Upgrade Maxim Group Sell to Hold $15.00 to $17.00
2014-12-19 Reiterated Rating Maxim Group Sell
2014-11-03 Downgrade Maxim Group Hold to Sell $19.00 to $15.00
2014-10-24 Downgrade Raymond James Strong-Buy to Market Perform
2014-10-24 Downgrade Raymond James Financial Inc. Strong-Buy to Market Perform
2014-10-15 Initiated Coverage Maxim Group Hold $19.00
2014-10-06 Upgrade Stephens Equal Weight to Overweight
2014-08-13 Boost Price Target Imperial Capital Outperform $21.00 to $23.00
2014-08-08 Upgrade Barrington Research Market Perform to Outperform
2014-07-14 Upgrade Raymond James Outperform to Strong-Buy $23.00
2014-07-11 Upgrade Avondale Partners Market Perform to Outperform
2014-07-01 Lower Price Target Imperial Capital Outperform $24.00 to $21.00
2014-03-03 Upgrade Dougherty & Co Sell to Neutral $10.00
2014-02-10 Lower Price Target Imperial Capital $26.00 to $24.00
2013-05-02 Downgrade Dougherty & Company Neutral to Sell
2012-07-12 Initiated Barrington Research Outperform $16.50
2012-01-18 Resumed Dougherty & Company Neutral $14
2010-09-15 Initiated Avondale Mkt Outperform $9
2010-02-05 Downgrade Northland Securities Outperform to Market Perform
2009-10-19 Reiterated Dougherty & Company Buy $9.50 to $11
2009-02-05 Downgrade Northland Securities Outperform to Market Perform
2008-04-22 Reiterated Friedman Billings Mkt Perform $32 to $33
2008-04-01 Initiated Dougherty & Company Buy $10
2007-11-07 Reiterated Northland Securities Outperform $8 to $10
2007-08-02 Reiterated Northland Securities Outperform $7 to $8
2016-05-03 Boost Price Target Imperial Capital In to In-Line $19.00 to $21.00
2016-02-09 Reiterated Rating Imperial Capital In to In-Line $22.00 to $19.00
2016-02-05 Upgrade Sidoti Neutral to Buy
2016-02-05 Downgrade Avondale Partners Outperform to Market Perform $21.00 to $18.00
2015-11-18 Boost Price Target Imperial Capital In to In-Line $20.00 to $22.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
HERINGTON HARRY Chairman of Board & CEO 1.57%  (1026177) EGOV /
BRADLEY WILLIAM F JR Exec VP,CAO,Gen Counsel & Secy 0.66%  (431128) EGOV /
KOVZAN STEPHEN M Chief Financial Officer 0.38%  (250622) EGOV /
Knapp Robert W Chief Operating Officer 0.36%  (234143) EGOV /
BURTSCHER ART N 0.36%  (232557) EGOV /
EVANS DANIEL J 0.22%  (144001) COST / EGOV /
Holland Jayne Chief Security Officer & AGC 0.22%  (142288) EGOV /
WILSON PETER B 0.12%  (76090) EGOV /
Lyons William M 0.09%  (59411) EGOV / MORN /
KEMPER ALEXANDER C 0.07%  (43345) EGOV / UMBF /
Daughtery Aimi Chief Accounting Officer 0.06%  (39157) EGOV /
Henry Charles Bradford 0.06%  (36902) EGOV /
Evans Karen S. 0.06%  (36902) EGOV /
Thornburgh Ron Sr VP of Business Development 0.05%  (29500) EGOV /
Arasu Venmal (Raji) 0.03%  (22830) EGOV /
Van Asselt William A. General Counsel 0.03%  (21851) EGOV /
HARTLEY ROSS C 0.02%  (11113) EDE / EGOV /
Rogers Douglas Sr VP of Business Development 0.01%  (4124) EGOV /