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

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

Nuance Communications declared that its board has authorized a share repurchase plan on Wednesday, August 8th 2018, which allows the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 10.9% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's management believes its shares are undervalued.

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

4 equities research analysts have issued 12-month price targets for Nuance Communications' stock. Their forecasts range from $15.00 to $23.00. On average, they anticipate Nuance Communications' share price to reach $19.25 in the next twelve months. This suggests a possible upside of 9.6% from the stock's current price. View Analyst Price Targets for Nuance Communications.

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

Media coverage about NUAN stock has been trending somewhat negative recently, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Nuance Communications earned a coverage optimism score of -1.9 on InfoTrie's scale. They also gave media headlines 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 near future. View News Stories for Nuance Communications.

Nuance Communications saw a decline in short interest during the month of November. As of November 15th, there was short interest totalling 9,150,000 shares, a decline of 6.9% from the October 31st total of 9,830,000 shares. Based on an average daily volume of 2,180,000 shares, the days-to-cover ratio is currently 4.2 days. Currently, 3.2% of the shares of the company are short sold. 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), FactSet Research Systems (FDS), Fair Isaac (FICO) 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), Advanced Micro Devices (AMD), General Electric (GE), QUALCOMM (QCOM), Walt Disney (DIS), Seventy Seven Energy (SSEIQ), Gilead Sciences (GILD) and Alibaba Group (BABA).

Nuance Communications' stock is owned by many different of institutional and retail investors. Top institutional investors 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, Nomura Holdings Inc., Canal Insurance CO, Boston Partners, Millennium Management LLC, Lapides Asset Management LLC and Eagle Asset Management Inc.. 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 acquired 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 $17.56.

Nuance Communications has a market capitalization of $4.96 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]