Last $18.75 USD
Change Today -0.22 / -1.16%
Volume 125.9K
EGOV On Other Exchanges
Symbol
Exchange
NASDAQ GS
Stuttgart
As of 5:20 PM 08/28/14 All times are local (Market data is delayed by at least 15 minutes).

nic inc (EGOV) Snapshot

Open
$18.90
Previous Close
$18.97
Day High
$18.97
Day Low
$18.75
52 Week High
10/21/13 - $25.60
52 Week Low
07/10/14 - $15.00
Market Cap
1.2B
Average Volume 10 Days
209.2K
EPS TTM
$0.56
Shares Outstanding
65.3M
EX-Date
11/6/13
P/E TM
33.5x
Dividend
--
Dividend Yield
1.87%
Current Stock Chart for NIC INC (EGOV)

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nic inc (EGOV) Details

NIC Inc. provides eGovernment services that enable governments use the Internet to provide various services to businesses and citizens in the United States. Its Outsourced Portals business enters into long-term contracts with state and local governments to design, build, and operate Internet-based enterprise-wide portals on their behalf. These portals consist of Websites and applications that enable businesses and citizens to access government information online and complete transactions, including applying for a permit, retrieving government records, or filing a government-mandated form or report. This business also provides consulting, application development, and portal management services to governments. The company’s Other Software & Services business provides software development and services to state and local governments, and federal agencies. It develops and manages the federal motor carrier safety administration’s pre-employment screening program for motor carriers using a self-funded and transaction-based business model; and designs and develops online campaign expenditure and ethics compliance systems for federal and state government agencies. NIC Inc. was founded in 1991 and is headquartered in Olathe, Kansas.

773 Employees
Last Reported Date: 02/27/14
Founded in 1991

nic inc (EGOV) Top Compensated Officers

Chairman of The Board and Chief Executive Off...
Total Annual Compensation: $478.3K
Chief Financial Officer
Total Annual Compensation: $305.3K
Chief Operating Officer
Total Annual Compensation: $325.3K
Chief Administrative Officer, Executive Vice ...
Total Annual Compensation: $305.3K
Senior Vice President of Business Development
Total Annual Compensation: $291.3K
Compensation as of Fiscal Year 2013.

nic inc (EGOV) Key Developments

NIC Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

NIC Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total revenues of total revenues of $71,155,000 against $65,938,000 a year ago. Operating income was $18,267,000 against $17,743,000 a year ago. Income before income taxes was $18,243,000 against $17,741,000 a year ago. Net income was $11,030,000 or $0.17 per basic and diluted share against $10,808,000 or $0.16 per basic and diluted share a year ago. Net cash provided by operating activities was $15,919,000 against $18,422,000 a year ago. Purchases of property and equipment were $1,734,000 against $1,256,000 a year ago. Portal revenues were $66.8 million, up 8% over the prior-year quarter, driven by consistent same-state revenue growth and the launch of new state portal in Connecticut. Total same-state portal revenues also increased 8% for the quarter. Excluding Texas, same-state revenues grew in the double digits, a healthy 10% for the quarter. Breaking down the 2 major components of same-state revenue growth. First, same-state interactive government services, or IGS transactional revenues, referred to as non-DMV, grew 8% this quarter. This growth was driven mainly by higher revenues from several key services including payment processing, motor vehicle registrations, court record searches and professional license renewals, among others. Second, same-state transactional revenues from driver history records, referred to as DMV, and now referred to as DHR, were up 9% this quarter, high level of quarterly growth in many years. This growth was primarily due to price increases in 3 states, 2 in the current quarter and 1 that previously announced in the third quarter of last year. For the six months, the company reported total revenues of total revenues of $136,552,000 against $127,162,000 a year ago. Operating income was $33,756,000 against $33,466,000 a year ago. Income before income taxes was $33,628,000 against $33,445,000 a year ago. Net income was $20,405,000 or $0.31 per basic and diluted share against $20,764,000 or $0.32 per basic and diluted share a year ago. Net cash provided by operating activities was $22,719,000 against $19,678,000 a year ago. Purchases of property and equipment were $2,653,000 against $2,258,000 a year ago.

NIC Inc. to Report Q2, 2014 Results on Aug 07, 2014

NIC Inc. announced that they will report Q2, 2014 results at 4:00 PM, Eastern Daylight on Aug 07, 2014

NIC Inc., Q2 2014 Earnings Call, Aug 07, 2014

NIC Inc., Q2 2014 Earnings Call, Aug 07, 2014

 

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CGI Group Inc C$38.75 CAD -0.55
Unisys Corp $23.14 USD 0.00
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Industry Analysis

EGOV

Industry Average

Valuation EGOV Industry Range
Price/Earnings 39.4x
Price/Sales 4.8x
Price/Book 10.8x
Price/Cash Flow 30.6x
TEV/Sales 4.4x
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