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

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

Nuance Communications declared that its Board of Directors has approved a stock buyback program on Wednesday, August 8th 2018, which allows the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 10.9% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's management believes its shares are undervalued.

Nuance Communications Inc. (NASDAQ:NUAN) posted its quarterly earnings results on Wednesday, August, 7th. The software maker reported $0.21 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.18 by $0.03. The software maker had revenue of $460.20 million for the quarter, compared to the consensus estimate of $455.93 million. Nuance Communications had a return on equity of 13.93% and a net margin of 3.88%. 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 earnings per share (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 analysts have issued twelve-month price objectives for Nuance Communications' shares. Their forecasts range from $15.00 to $22.00. On average, they anticipate Nuance Communications' share price to reach $18.00 in the next year. This suggests a possible upside of 17.9% 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 coverage about NUAN stock has trended extremely negative recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded 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 -4.2 on InfoTrie's scale. They also gave news stories about the software maker a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely 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 decline in short interest during the month of September. As of September 30th, there was short interest totalling 9,110,000 shares, a decline of 10.2% from the August 30th total of 10,150,000 shares. Based on an average daily trading volume, of 2,060,000 shares, the days-to-cover ratio is presently 4.4 days. Approximately 3.2% of the company's shares are short sold. 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), Crowdstrike (CRWD), Okta (OKTA), Paycom Software (PAYC), Citrix Systems (CTXS), SS&C Technologies (SSNC), Temenos (TMNSF), Docusign (DOCU), 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 institutional and retail investors. Top institutional shareholders include Kirr Marbach & Co. LLC IN (0.20%), Gateway Investment Advisers LLC (0.07%), Penbrook Management LLC (0.02%), Pacer Advisors Inc. (0.02%), State of Alaska Department of Revenue (0.01%) and Fox Run Management L.L.C. (0.00%). 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 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 Fox Run Management L.L.C., Kirr Marbach & Co. LLC IN, Cerebellum GP LLC, Cerebellum GP LLC 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 $15.27.

Nuance Communications has a market capitalization of $4.36 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]