News articles about Nuance Communications (NASDAQ:NUAN) have trended somewhat negative recently, according to AlphaOne Sentiment Analysis. AlphaOne, a unit of Accern, identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Nuance Communications earned a news impact score of -0.04 on AlphaOne’s scale. AlphaOne also assigned media headlines about the software maker an impact score of 89 out of 100, indicating that recent news coverage is very likely to have an impact on the stock’s share price in the near term.
These are some of the media headlines that may have impacted AlphaOne Sentiment Analysis’s scoring:
- Privacy policies (nuance.com)
- Nuance Communications, Inc. breached its 50 day moving average in a Bullish Manner : NUAN-US : April 20, 2017 (finance.yahoo.com)
- Natural Language Processing (NLP) Market Analysis and Foresight Report to 2022 (satprnews.com)
- Smart TV privacy policies: Here’s what you’re actually agreeing to (chicagotribune.com)
- AVIANCE and NUANCE Announce Reseller Agreement for Central Learning (prnewswire.com)
Several research firms have recently commented on NUAN. Zacks Investment Research upgraded shares of Nuance Communications from a “sell” rating to a “hold” rating in a report on Wednesday, April 12th. Oppenheimer Holdings Inc. restated an “outperform” rating and issued a $26.00 price target on shares of Nuance Communications in a report on Thursday, February 9th. Canaccord Genuity restated a “buy” rating and issued a $20.00 price target on shares of Nuance Communications in a report on Friday, February 3rd. Barclays PLC boosted their price target on shares of Nuance Communications from $19.00 to $20.00 and gave the company an “overweight” rating in a report on Wednesday, February 8th. Finally, Citigroup Inc restated an “outperform” rating on shares of Nuance Communications in a report on Wednesday, February 8th. Two equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $22.14.
Nuance Communications (NASDAQ:NUAN) traded up 0.53% during mid-day trading on Thursday, reaching $17.03. 1,344,026 shares of the company’s stock traded hands. The stock’s 50 day moving average is $16.86 and its 200-day moving average is $15.75. The stock’s market capitalization is $4.97 billion. Nuance Communications has a 52 week low of $13.44 and a 52 week high of $19.00.
Nuance Communications (NASDAQ:NUAN) last announced its earnings results on Tuesday, February 7th. The software maker reported $0.35 EPS for the quarter, meeting analysts’ consensus estimates of $0.35. The business had revenue of $487.70 million for the quarter, compared to analysts’ expectations of $490.37 million. Nuance Communications had a negative net margin of 1.24% and a positive return on equity of 15.22%. The company’s quarterly revenue was up .2% on a year-over-year basis. During the same period in the previous year, the company posted $0.36 EPS. On average, equities analysts anticipate that Nuance Communications will post $1.58 EPS for the current year.
In related news, EVP Robert C. Schassler sold 35,000 shares of Nuance Communications stock in a transaction on Monday, March 13th. The shares were sold at an average price of $17.04, for a total value of $596,400.00. Following the transaction, the executive vice president now directly owns 237,036 shares in the company, valued at approximately $4,039,093.44. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Adam Bruce Bowden sold 9,131 shares of Nuance Communications stock in a transaction on Wednesday, April 5th. The shares were sold at an average price of $16.75, for a total transaction of $152,944.25. Following the completion of the transaction, the vice president now owns 192,529 shares in the company, valued at $3,224,860.75. The disclosure for this sale can be found here. Insiders sold a total of 50,131 shares of company stock worth $851,344 over the last ninety days. Corporate insiders own 1.67% of the company’s stock.
Nuance Communications Company Profile
Nuance Communications, Inc is a provider of voice recognition and natural language understanding solutions. The Company’s segments include Healthcare, Mobile, Enterprise and Imaging. The Healthcare segment provides clinical speech and clinical language understanding solutions. The solutions for the Healthcare segment include transcription solutions, Dragon Medical, and clinical document improvement (CDI) and coding solutions.
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