Nuance Communications (NUAN) Receiving Somewhat Positive Media Coverage, Accern Reports

Media coverage about Nuance Communications (NASDAQ:NUAN) has trended somewhat positive this week, Accern Sentiment reports. The research firm scores the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern 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 media sentiment score of 0.18 on Accern’s scale. Accern also assigned media stories about the software maker an impact score of 46.537798148929 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

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

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

Shares of Nuance Communications (NASDAQ:NUAN) traded up $0.28 during midday trading on Friday, reaching $16.87. 3,627,132 shares of the company were exchanged, compared to its average volume of 2,845,380. Nuance Communications has a one year low of $14.02 and a one year high of $19.93. The stock has a market cap of $4,818.62, a PE ratio of 20.75, a P/E/G ratio of 1.71 and a beta of 0.60. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.19 and a current ratio of 1.19.

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

In other Nuance Communications news, EVP Kenneth M. Siegel sold 4,682 shares of Nuance Communications stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $14.40, for a total value of $67,420.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Daniel David Tempesta sold 6,500 shares of Nuance Communications stock in a transaction dated 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 transaction, the insider now directly owns 258,188 shares of the company’s stock, valued at $4,022,569.04. The disclosure for this sale can be found here. Insiders sold 15,864 shares of company stock valued at $243,603 over the last ninety days. Corporate insiders own 1.67% of the company’s stock.

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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.

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

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