NASDAQ:NUAN - Nuance Communications Stock Price, Forecast & News

Nuance Communications trades on the NASDAQ under the ticker symbol "NUAN."

Nuance Communications announced that its board has initiated a stock repurchase plan on Wednesday, August 8th 2018, which allows the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 10.9% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's management believes its stock is undervalued.

Nuance Communications Inc. (NASDAQ:NUAN) posted its quarterly earnings data on Wednesday, November, 20th. The software maker reported $0.34 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.28 by $0.06. The software maker earned $471.97 million during the quarter, compared to the consensus estimate of $486.13 million. Nuance Communications had a return on equity of 12.42% and a net margin of 11.83%. The company's revenue for the quarter was down 2.1% on a year-over-year basis. During the same quarter last year, the business posted $0.38 EPS. View Nuance Communications' Earnings History.

Nuance Communications is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Nuance Communications.

Nuance Communications issued an update on its first quarter 2020 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of $$0.22-0.26 for the period. The company issued revenue guidance of $$400-416 million, compared to the consensus revenue estimate of $$393 million.

3 equities research analysts have issued 1 year price targets for Nuance Communications' stock. Their forecasts range from $15.00 to $22.00. On average, they anticipate Nuance Communications' stock price to reach $18.00 in the next year. This suggests a possible upside of 2.7% from the stock's current price. View Analyst Price Targets for Nuance Communications.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nuance Communications in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Nuance Communications.

Media stories about NUAN stock have trended very negative on Tuesday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Nuance Communications earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned media stories about the software maker a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Nuance Communications.

Nuance Communications saw a decrease in short interest in the month of November. As of November 15th, there was short interest totalling 9,150,000 shares, a decrease of 6.9% from the October 31st total of 9,830,000 shares. Based on an average trading volume of 2,180,000 shares, the days-to-cover ratio is presently 4.2 days. Approximately 3.2% of the shares of the company are sold short. View Nuance Communications' Current Options Chain.

Some companies that are related to Nuance Communications include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Autodesk (ADSK), Workday (WDAY), Splunk (SPLK), ANSYS (ANSS), Synopsys (SNPS), Cadence Design Systems (CDNS), SS&C Technologies (SSNC), Citrix Systems (CTXS), Tyler Technologies (TYL), Fair Isaac (FICO), FactSet Research Systems (FDS) and Guidewire Software (GWRE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Nuance Communications investors own include Micron Technology (MU), NVIDIA (NVDA), Intel (INTC), General Electric (GE), Advanced Micro Devices (AMD), Seventy Seven Energy (SSEIQ), Gilead Sciences (GILD), QUALCOMM (QCOM), Walt Disney (DIS) and Alibaba Group (BABA).

Nuance Communications' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Handelsbanken Fonder AB (0.89%), Fairpointe Capital LLC (0.61%), Select Equity Group L.P. (0.60%), Peregrine Capital Management LLC (0.50%), Fisher Asset Management LLC (0.41%) and Strs Ohio (0.37%). Company insiders that own Nuance Communications stock include Alvaro Monserrat, Arthur G Giterman, Daniel David Tempesta, Mark D Benjamin, Mark R Laret, Nuance Communications, Inc, Robert Weideman, Stefan Ortmanns, Thomas L Beaudoin and Wendy Cassity. View Institutional Ownership Trends for Nuance Communications.

NUAN stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Fairpointe Capital LLC, Canal Insurance CO, Boston Partners, Millennium Management LLC, Lapides Asset Management LLC, Eagle Asset Management Inc. and State of Alaska Department of Revenue. Company insiders that have sold Nuance Communications company stock in the last year include Arthur G Giterman, Daniel David Tempesta, Mark D Benjamin, Mark R Laret, Nuance Communications, Inc, Robert Weideman, Stefan Ortmanns, Thomas L Beaudoin and Wendy Cassity. View Insider Buying and Selling for Nuance Communications.

NUAN stock was bought by a variety of institutional investors in the last quarter, including Select Equity Group L.P., Handelsbanken Fonder AB, Strs Ohio, CWM LLC, Squarepoint Ops LLC, Phocas Financial Corp., State of New Jersey Common Pension Fund D and Fisher Asset Management LLC. View Insider Buying and Selling for Nuance Communications.

Shares of NUAN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of NUAN stock can currently be purchased for approximately $17.52.

Nuance Communications has a market capitalization of $4.95 billion and generates $1.82 billion in revenue each year. The software maker earns $213.81 million in net income (profit) each year or $0.76 on an earnings per share basis. Nuance Communications employs 8,100 workers across the globe.View Additional Information About Nuance Communications.

The official website for Nuance Communications is http://www.nuance.com/.

Nuance Communications' mailing address is 1 WAYSIDE ROAD, BURLINGTON MA, 01803. The software maker can be reached via phone at 781-565-5000 or via email at [email protected]