Nuance Communications (NUAN) Earns News Impact Score of 0.17

Press coverage about Nuance Communications (NASDAQ:NUAN) has been trending somewhat positive this week, according to Accern. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Nuance Communications earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news articles about the software maker an impact score of 46.2201020457287 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:

Nuance Communications (NASDAQ NUAN) traded down $0.04 on Wednesday, reaching $16.42. 2,050,237 shares of the company’s stock traded hands, compared to its average volume of 2,841,866. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 1.16. 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 $4,780.00, a P/E ratio of -31.58, a PEG ratio of 1.71 and a beta of 0.60.

Nuance Communications (NASDAQ:NUAN) last announced its quarterly earnings data on Tuesday, November 28th. The software maker reported $0.20 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.15 by $0.05. The firm 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%. The company’s revenue for the quarter was down 7.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.41 earnings per share. research analysts expect that Nuance Communications will post 0.81 earnings per share for the current year.

NUAN has been the topic of a number of research analyst reports. Zacks Investment Research upgraded shares of Nuance Communications from a “sell” rating to a “hold” rating in a research report on Thursday, October 12th. Morgan Stanley upgraded shares of Nuance Communications from an “equal weight” rating to an “overweight” rating and set a $18.00 price target on the stock in a research report on Thursday, November 2nd. Stifel Nicolaus reiterated a “hold” rating and issued a $18.00 price target (down from $19.00) on shares of Nuance Communications in a research report on Wednesday, November 29th. Oppenheimer reiterated a “buy” rating and issued a $23.00 price target on shares of Nuance Communications in a research report on Wednesday, November 29th. Finally, TheStreet downgraded 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 issued a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $20.50.

In other news, insider Daniel David Tempesta sold 6,500 shares of the stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $15.58, for a total value 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 filing with the SEC, which is accessible through the SEC website. Also, EVP Kenneth M. Siegel sold 4,682 shares of the stock in a transaction on Friday, October 6th. The stock was sold at an average price of $16.00, for a total transaction of $74,912.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 15,864 shares of company stock valued at $243,603. 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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