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 buyback program on Wednesday, August 8th 2018, which permits the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 10.9% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's management believes its shares are undervalued.

Nuance Communications Inc. (NASDAQ:NUAN) issued its quarterly earnings data on Wednesday, February, 5th. The software maker reported $0.27 earnings per share for the quarter, topping analysts' consensus estimates of $0.23 by $0.04. The software maker had revenue of $418.30 million for the quarter, compared to analyst estimates of $406.30 million. Nuance Communications had a net margin of 14.02% and a return on equity of 12.71%. The company's quarterly revenue was down .4% on a year-over-year basis. During the same period in the prior year, the business earned $0.30 EPS. View Nuance Communications' Earnings History.

Nuance Communications is scheduled to release their next quarterly earnings announcement on Wednesday, May 13th 2020. View Earnings Estimates for Nuance Communications.

4 brokerages have issued 12 month price targets for Nuance Communications' shares. Their forecasts range from $23.00 to $27.00. On average, they expect Nuance Communications' stock price to reach $24.00 in the next year. This suggests a possible upside of 11.7% 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 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Nuance Communications.

Media headlines about NUAN stock have been trending extremely negative this week, according to InfoTrie. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Nuance Communications earned a media sentiment score of -4.2 on InfoTrie's scale. They also gave media coverage about the software maker a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Nuance Communications.

Nuance Communications saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 11,230,000 shares, an increase of 9.7% from the January 15th total of 10,240,000 shares. Based on an average trading volume of 2,742,900 shares, the days-to-cover ratio is presently 4.1 days. Currently, 4.0% of the shares of the stock 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), 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 NVIDIA (NVDA), Micron Technology (MU), Intel (INTC), General Electric (GE), AT&T (T), Advanced Micro Devices (AMD), Gilead Sciences (GILD), QUALCOMM (QCOM), Walt Disney (DIS) and Verizon Communications (VZ).

Nuance Communications' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Alliancebernstein L.P. (2.26%), ArrowMark Colorado Holdings LLC (2.17%), Geode Capital Management LLC (1.66%), FIL Ltd (1.23%), Handelsbanken Fonder AB (1.17%) and Baupost Group LLC MA (0.81%). 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 Baupost Group LLC MA, Prudential Financial Inc., FIL Ltd, AQR Capital Management LLC, AXA, Staley Capital Advisers Inc., AlphaCrest Capital Management LLC and Boston Partners. 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 Renaissance Technologies LLC, Senvest Management LLC, Handelsbanken Fonder AB, Alliancebernstein L.P., Castleark Management LLC, Dalton Greiner Hartman Maher & Co., Columbus Circle Investors and ArrowMark Colorado Holdings 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 $21.49.

Nuance Communications has a market capitalization of $6.08 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]