Nuance Communications Stock Price, News & Analysis (NASDAQ:NUAN)

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

Nuance Communications announced that its Board of Directors has authorized a stock buyback program on Wednesday, August 8th 2018, which authorizes the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 10.9% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's board of directors believes its shares are undervalued.

Nuance Communications Inc. (NASDAQ:NUAN) announced its earnings results on Wednesday, August, 7th. The software maker reported $0.21 EPS for the quarter, beating the Zacks' consensus estimate of $0.18 by $0.03. The software maker earned $460.20 million during the quarter, compared to analysts' expectations of $455.93 million. Nuance Communications had a net margin of 3.88% and a return on equity of 13.93%. View Nuance Communications' Earnings History.

Nuance Communications is scheduled to release their next quarterly earnings announcement on Monday, November 18th 2019. View Earnings Estimates for Nuance Communications.

Nuance Communications issued an update on its fourth quarter 2019 earnings guidance on Wednesday, August, 7th. The company provided EPS guidance of $0.24-0.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.30. The company issued revenue guidance of $473-493 million, compared to the consensus revenue estimate of $488.32 million.

3 Wall Street analysts have issued 12 month price targets for Nuance Communications' stock. Their forecasts range from $15.00 to $22.00. On average, they expect Nuance Communications' share price to reach $18.00 in the next twelve months. This suggests a possible upside of 15.2% 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.

News articles about NUAN stock have been trending somewhat negative on Thursday, according to InfoTrie. The research firm scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, 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 headlines about the software maker a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Nuance Communications.

Nuance Communications saw a decrease in short interest during the month of September. As of September 30th, there was short interest totalling 9,110,000 shares, a decrease of 10.2% from the August 30th total of 10,150,000 shares. Based on an average trading volume of 2,060,000 shares, the days-to-cover ratio is currently 4.4 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 Check Point Software Technologies (CHKP), Twilio (TWLO), Atlassian (TEAM), Tableau Software (DATA), Symantec (SYMC), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Okta (OKTA), Citrix Systems (CTXS), SS&C Technologies (SSNC), Paycom Software (PAYC), Crowdstrike (CRWD), Docusign (DOCU), Temenos (TMNSF), The Ultimate Software Group (ULTI) and Tyler Technologies (TYL).

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), Seventy Seven Energy (SSEIQ), Advanced Micro Devices (AMD), Gilead Sciences (GILD), QUALCOMM (QCOM), Alibaba Group (BABA) and salesforce.com (CRM).

Nuance Communications' stock is owned by a number of of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (0.50%), Kirr Marbach & Co. LLC IN (0.20%), Robeco Institutional Asset Management B.V. (0.14%), Gateway Investment Advisers LLC (0.07%), Meeder Asset Management Inc. (0.02%) and Commerzbank Aktiengesellschaft FI (0.02%). Company insiders that own Nuance Communications stock include Alvaro Monserrat, Arthur G Giterman, Daniel David Tempesta, Kenneth M Siegel, Mark D Benjamin, Mark R Laret, Nuance Communications, Inc, Robert Weideman, Stefan Ortmanns and Thomas L Beaudoin. View Institutional Ownership Trends for Nuance Communications.

NUAN stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Gateway Investment Advisers LLC, Commerzbank Aktiengesellschaft FI and Penbrook Management LLC. Company insiders that have sold Nuance Communications company stock in the last year include Alvaro Monserrat, Arthur G Giterman, Daniel David Tempesta, Mark D Benjamin, Mark R Laret, Nuance Communications, Inc, Robert Weideman, Stefan Ortmanns and Thomas L Beaudoin. View Insider Buying and Selling for Nuance Communications.

NUAN stock was acquired by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Robeco Institutional Asset Management B.V., Fox Run Management L.L.C., Kirr Marbach & Co. LLC IN, Cerebellum GP LLC, Cerebellum GP LLC, Meeder Asset Management Inc. and Pacer Advisors Inc.. 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 $15.62.

Nuance Communications has a market capitalization of $4.46 billion and generates $2.05 billion in revenue each year. The software maker earns $-159,920,000.00 in net income (profit) each year or $0.81 on an earnings per share basis. Nuance Communications employs 10,400 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]