NIC Inc. (EGOV)
Stock Price:
$21.06 USD
0.07 (0.33%)
Updated Oct 28, 2020 4:00 PM EDT - Market closed
After-hours: $22.95 +1.89 (8.97%) Oct 28, 7:15 PM
Key Info
| Market Cap |
1.41B |
| Revenue (ttm) |
362.17M |
| Net Income (ttm) |
50.13M |
| Shares Out |
67.02M |
| EPS (ttm) |
0.74 |
| PE Ratio |
28.46 |
| Forward PE |
24.04 |
| Dividend |
$0.36 |
| Dividend Yield |
1.71% |
Stock Quote
| Trading Day |
Oct 28, 2020 |
| Last Price |
$21.06 |
| Previous Close |
$20.99 |
| Change ($) |
0.07 |
| Change (%) |
0.33% |
| Day's Open |
20.78 |
| Day's Range |
20.37 - 21.15 |
| Day's Volume |
586,827 |
| 52-Week Range |
15.49 - 25.94 |
More Stats
| Market Cap |
1.41B |
| Enterprise Value |
1.20B |
| Earnings Date (est) |
Oct 28, 2020 |
| Ex-Dividend Date |
Sep 4, 2020 |
| Shares Outstanding |
67.02M |
| Float |
65.10M |
| EPS (basic) |
0.74 |
| EPS (diluted) |
0.74 |
| FCF / Share |
0.92 |
| Dividend |
$0.36 |
| Dividend Yield |
1.71% |
| Earnings Yield |
3.51% |
| FCF Yield |
4.34% |
| Payout Ratio |
45.90% |
| Shares Short |
1.03M |
| Short Ratio |
4.06 |
| Short % of Float |
1.59% |
| Beta |
0.33 |
| PE Ratio |
28.46 |
| Forward PE |
24.04 |
| P/FCF Ratio |
23.02 |
| PS Ratio |
3.90 |
| PB Ratio |
5.49 |
| Revenue |
362.17M |
| Operating Income |
63.42M |
| Net Income |
50.13M |
| Free Cash Flow |
61.32M |
| Net Cash |
208.99M |
| Net Cash / Share |
3.12 |
| Gross Margin |
37.85% |
| Operating Margin |
17.51% |
| Profit Margin |
13.80% |
| FCF Margin |
16.93% |
| ROA |
10.49% |
| ROE |
20.55% |
| ROIC |
202.40% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Forecasts
Analyst Ratings (3)
| Buy |
2 |
| Overweight |
0 |
| Hold |
1 |
| Underweight |
0 |
| Sell |
0 |
Price Target
$27.67*
(31.39% upside)
Low
25.0
Current: $21.06
High
30.0
Target: 27.67
*Average 12-month price target from 3 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 354 | 345 | 337 | 318 | 292 | 272 | 249 | 210 | 181 | 162 |
| Revenue Growth | 2.7% | 2.49% | 5.85% | 8.73% | 7.45% | 9.15% | 18.61% | 16.18% | 11.99% | - |
| Gross Profit | 137 | 141 | 136 | 132 | 119 | 111 | 97.77 | 79.11 | 72.14 | 62.00 |
| Operating Income | 62.42 | 75.06 | 78.34 | 77.86 | 67.30 | 63.01 | 52.56 | 43.18 | 38.51 | 29.40 |
| Net Income | 50.43 | 58.27 | 51.61 | 55.83 | 41.98 | 39.06 | 32.04 | 26.34 | 22.94 | 18.36 |
| Shares Outstanding | 66.88 | 66.50 | 66.21 | 65.91 | 65.56 | 65.22 | 64.89 | 64.50 | 64.02 | 63.51 |
| Earnings Per Share | 0.75 | 0.87 | 0.77 | 0.84 | 0.63 | 0.59 | 0.49 | 0.40 | 0.35 | 0.28 |
| EPS Growth | -13.79% | 12.99% | -8.33% | 33.33% | 6.78% | 20.41% | 22.5% | 14.29% | 25% | - |
| Dividend Per Share | 0.32 | 0.32 | 0.32 | 0.65 | 0.55 | 0.50 | 0.35 | 0.25 | 0.25 | 0.55 |
| Dividend Growth | 0% | 0% | -50.77% | 18.18% | 10% | 42.86% | 40% | 0% | -54.55% | - |
| Operating Cash Flow | 72.05 | 69.84 | 64.84 | 81.16 | 53.01 | 51.28 | 40.85 | 28.39 | 30.60 | 21.99 |
| Capital Expenditures | -12.92 | -13.99 | -8.33 | -8.21 | -5.44 | -6.86 | -8.19 | -13.49 | -6.58 | -4.57 |
| Free Cash Flow | 59.13 | 55.85 | 56.51 | 72.95 | 47.57 | 44.42 | 32.66 | 14.90 | 24.02 | 17.42 |
| Cash & Equivalents | 214 | 192 | 161 | 127 | 135 | 87.98 | 97.23 | 62.36 | 77.87 | 51.69 |
| Total Debt | 11.15 | - | - | - | - | - | - | - | - | - |
| Net Cash / Debt | 203 | 192 | 161 | 127 | 135 | 87.98 | 97.23 | 62.36 | 77.87 | 51.69 |
| Assets | 362 | 311 | 296 | 241 | 241 | 172 | 180 | 145 | 144 | 111 |
| Liabilities | 116 | 98.84 | 127 | 107 | 125 | 67.90 | 88.04 | 66.22 | 79.28 | 58.11 |
| Book Value | 246 | 212 | 168 | 134 | 116 | 104 | 91.94 | 78.92 | 65.08 | 53.27 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
NIC Inc. |
| Country |
United States |
| Employees |
1,000 |
| CEO |
Harry H. Herington |
Stock Information
| Ticker Symbol |
EGOV |
| Stock Exchange |
NASDAQ |
| Sector |
Technology |
| Industry |
Software—Application |
| Unique Identifier |
NASDAQ: EGOV |
| IPO Date |
July 15, 1999 |
Description
NIC, together with its subsidiaries, provides digital government services that enable governments to use technology to provide various services to businesses and citizens in the United States. Its portals consist websites and applications that enable businesses and citizens to access government information through online channels, such as applying for a permit, retrieving government records, or filing a government-mandated form or report. The company's portal service offerings include motor vehicle driver history record retrieval; vehicle title, lien, and registration; motor vehicle inspections; temporary vehicle tags; driver's license renewal; hunting and fishing licenses; health professional license services; professional license renewal; business registrations and renewals; secretary of state business searches; Uniform Commercial Code (UCC) searches and filings; limited criminal history searches; court services; vital records; income and property tax payments; and payment processing products and services. Its software & services business provides software development, payment processing, and other digital government services to state and local governments, as well as federal agencies. In addition, the company develops and manages the pre-employment screening program for motor carriers using transaction-based business model. Further, it offers application development and portal management services to governments. NIC Inc. was founded in 1991 and is based in Olathe, Kansas.