Nuance Communications (NUAN) Given Daily Coverage Optimism Rating of 0.21

Headlines about Nuance Communications (NASDAQ:NUAN) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Nuance Communications earned a news impact score of 0.21 on Accern’s scale. Accern also assigned news articles about the software maker an impact score of 46.7020608260722 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the news headlines that may have impacted Accern Sentiment’s scoring:

Shares of Nuance Communications (NUAN) traded up $0.04 during mid-day trading on Monday, reaching $15.64. The company had a trading volume of 2,937,442 shares, compared to its average volume of 2,806,909. Nuance Communications has a fifty-two week low of $14.02 and a fifty-two week high of $19.93. The company has a market capitalization of $4,530.00, a PE ratio of 19.50, a P/E/G ratio of 1.61 and a beta of 0.60. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.19 and a quick ratio of 1.19.

Nuance Communications (NASDAQ:NUAN) last announced its earnings results on Tuesday, November 28th. The software maker reported $0.20 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.05. Nuance Communications had a positive return on equity of 12.15% and a negative net margin of 7.75%. The business had revenue of $474.70 million during the quarter, compared to analysts’ expectations of $457.09 million. During the same quarter last year, the business posted $0.41 earnings per share. The company’s quarterly revenue was down 7.4% on a year-over-year basis. sell-side analysts expect that Nuance Communications will post 0.81 EPS for the current year.

Several research firms have recently issued reports on NUAN. TheStreet cut Nuance Communications from a “c” rating to a “d+” rating in a research note on Tuesday, November 28th. Oppenheimer reissued a “buy” rating and issued a $23.00 price target on shares of Nuance Communications in a research note on Wednesday, November 29th. Stifel Nicolaus reissued a “hold” rating and issued a $18.00 price target (down previously from $19.00) on shares of Nuance Communications in a research note on Wednesday, November 29th. Zacks Investment Research raised Nuance Communications from a “sell” rating to a “hold” rating in a research note on Thursday, October 12th. Finally, Morgan Stanley raised Nuance Communications from an “equal weight” rating to an “overweight” rating and set a $18.00 price target for the company in a research note on Thursday, November 2nd. One analyst has rated the stock with a sell rating, one has given a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $20.50.

In other news, insider Daniel David Tempesta sold 6,500 shares of the company’s stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $15.58, for a total transaction of $101,270.00. Following the completion of the sale, the insider now directly owns 258,188 shares of the company’s stock, valued at $4,022,569.04. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Kenneth M. Siegel sold 4,682 shares of the company’s stock in a transaction on Friday, October 6th. The shares were sold at an average price of $16.00, for a total value of $74,912.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 15,864 shares of company stock valued at $243,603. 1.67% of the stock is currently owned by company insiders.

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About Nuance Communications

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.

Insider Buying and Selling by Quarter for Nuance Communications (NASDAQ:NUAN)

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