NIC Stock Price and Value Analysis

Should you buy NIC stock? (NasdaqGS:EGOV). Let's see how it does in our automated value investing analysis system.

EGOV Free Cash Flow Trend

Free Cash Flow trendline for EGOV
Free Cash Flow trendline for NIC

Based on historical returns, we believe that NIC can grow its free cash at a rate of about 3%. That's positive!

AdvantagesDisadvantages
  • This company has amazingly consistent growth!
  • This company is solid.
  • This stock looks overpriced.
  • This company has a low dividend yield.
  • This company is making money at a modest rate.

Inside the EGOV Numbers

EGOV Price
(NIC stock price per share)
$34.21
[?] EGOV Fair Price
(based on intrinsic value)
$9.09
[?] EGOV Safety Price (based on a variable margin of safety) $5.91
[?] PE Ratio versus Sector 105% higher than other Technology stocks
[?] PE Ratio versus Industry 0% lower than other Unknown stocks
[?] Cash Yield 2.38%
[?] Free Cash Flow Jitter 10%
[?] Dividend Yield 1%
Shares Shorted 1,104,218

This stock has short interest! This means that people have shorted it.

Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.

As of the latest analysis, there are 1,104,218 shares shorted. With 65,228,178 shares available for purchase and an average trading volume over the past 10 trading days of 869,942, it would take at least 1.269 days for all of the short holders to cover their shorts.

Is NIC Stock on Sale?

We believe that NIC may be worth examining further. It's making money, which is a very positive sign. Is it on sale?

NIC looks overpriced right now. If you're looking for a bargain in the stock market, you should probably look elsewhere for a great deal. This might still be a great stock to own—but it's not on sale right now.

Should You Buy EGOV Stock?

Does NIC have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.