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 stock repurchase plan on Wednesday, August 8th 2018, which permits the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 10.9% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board of directors believes its stock is undervalued.

Nuance Communications Inc. (NASDAQ:NUAN) announced its quarterly earnings data on Wednesday, February, 5th. The software maker reported $0.27 EPS for the quarter, beating the Zacks' consensus estimate of $0.23 by $0.04. The software maker earned $418.30 million during the quarter, compared to analysts' expectations of $406.30 million. Nuance Communications had a return on equity of 12.71% and a net margin of 14.02%. The firm's revenue for the quarter was down .4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.30 earnings per share. 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.

Nuance Communications updated its first quarter 2020 After-Hours earnings guidance on Monday, November, 25th. The company provided 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.

4 brokers have issued 12-month price targets for Nuance Communications' shares. Their forecasts range from $23.00 to $27.00. On average, they anticipate Nuance Communications' stock price to reach $24.00 in the next year. This suggests a possible upside of 2.6% 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 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Nuance Communications.

News stories about NUAN stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Nuance Communications earned a news impact score of -1.4 on InfoTrie's scale. They also gave news headlines about the software maker a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Nuance Communications.

Nuance Communications saw a increase in short interest in 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 daily trading volume, of 2,742,900 shares, the short-interest ratio is currently 4.1 days. Currently, 4.0% 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), Synopsys (SNPS), ANSYS (ANSS), 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), AT&T (T), Advanced Micro Devices (AMD), General Electric (GE), Gilead Sciences (GILD), QUALCOMM (QCOM), Walt Disney (DIS) and Verizon Communications (VZ).

Nuance Communications' stock is owned by many different of institutional and retail investors. Top institutional shareholders 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 purchased 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 $23.39.

Nuance Communications has a market capitalization of $6.62 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]