News coverage about Nuance Communications (NASDAQ:NUAN) has trended somewhat positive this week, Accern reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Nuance Communications earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave media stories about the software maker an impact score of 45.5980784995309 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the media stories that may have impacted Accern Sentiment’s analysis:
Several analysts recently commented on NUAN shares. Morgan Stanley set a $20.00 price target on Nuance Communications and gave the stock a “buy” rating in a research report on Thursday, March 22nd. BidaskClub cut Nuance Communications from a “hold” rating to a “sell” rating in a research report on Tuesday, March 27th. Zacks Investment Research cut Nuance Communications from a “hold” rating to a “sell” rating in a research report on Wednesday, April 11th. ValuEngine cut Nuance Communications from a “hold” rating to a “sell” rating in a research report on Wednesday, May 2nd. Finally, Stifel Nicolaus reissued a “hold” rating and set a $15.00 price objective (down previously from $18.00) on shares of Nuance Communications in a research note on Thursday, May 10th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $20.00.
NASDAQ NUAN traded down $0.08 on Wednesday, reaching $14.08. 898,773 shares of the company were exchanged, compared to its average volume of 2,662,529. The firm has a market capitalization of $4.18 billion, a P/E ratio of 23.47, a price-to-earnings-growth ratio of 1.69 and a beta of 0.63. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.54 and a current ratio of 1.54. Nuance Communications has a fifty-two week low of $12.18 and a fifty-two week high of $18.75.
Nuance Communications (NASDAQ:NUAN) last released its quarterly earnings data on Wednesday, May 9th. The software maker reported $0.27 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.28 by ($0.01). The company had revenue of $518.31 million for the quarter, compared to analyst estimates of $516.43 million. Nuance Communications had a positive return on equity of 9.42% and a negative net margin of 10.32%. The business’s quarterly revenue was up 1.4% on a year-over-year basis. During the same period last year, the firm posted $0.32 EPS. sell-side analysts forecast that Nuance Communications will post 0.7 EPS for the current year.
In other Nuance Communications news, Director Mark R. Laret sold 15,000 shares of the business’s stock in a transaction on Wednesday, May 23rd. The stock was sold at an average price of $13.98, for a total transaction of $209,700.00. Following the transaction, the director now owns 79,047 shares of the company’s stock, valued at $1,105,077.06. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.24% of the company’s stock.
About Nuance Communications
Nuance Communications, Inc provides voice recognition and natural language understanding solutions worldwide. It operates through four segments: Healthcare, Mobile, Enterprise, and Imaging. The Healthcare segment offers transcription solutions, which enable physicians to streamline clinical documentation with medical transcription platform; Dragon Medical, a dictation software that empowers physicians to capture and document patient care on various devices; clinical document improvement and coding solutions that ensure patient health information; diagnostic solutions that allow radiologists to document, collaborate, and share medical images and reports; and professional and personal productivity solutions to business users and consumers.
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