Somewhat Positive News Coverage Somewhat Unlikely to Affect Nuance Communications (NUAN) Share Price

Press coverage about Nuance Communications (NASDAQ:NUAN) has been trending somewhat positive on Saturday, Accern Sentiment reports. The research group ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. 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 0.06 on Accern’s scale. Accern also assigned news articles about the software maker an impact score of 46.3813136375669 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

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

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NUAN has been the subject of a number of recent analyst reports. BidaskClub downgraded shares of Nuance Communications from a “hold” rating to a “sell” rating in a research report on Tuesday, March 27th. Morgan Stanley set a $20.00 price objective on shares of Nuance Communications and gave the stock a “buy” rating in a research report on Thursday, March 22nd. Zacks Investment Research downgraded shares of Nuance Communications from a “buy” rating to a “hold” rating in a research report on Thursday, February 15th. Canaccord Genuity reaffirmed a “buy” rating and issued a $21.00 price objective on shares of Nuance Communications in a research report on Monday, January 22nd. Finally, Oppenheimer reaffirmed a “buy” rating and issued a $23.00 price objective on shares of Nuance Communications in a research report on Tuesday, January 23rd. Two analysts have rated the stock with a sell rating, one has given a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $20.75.

Nuance Communications stock opened at $15.00 on Friday. Nuance Communications has a twelve month low of $14.02 and a twelve month high of $19.93. The company has a market cap of $4,496.54, a PE ratio of 25.00, a P/E/G ratio of 1.54 and a beta of 0.64. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 1.14.

Nuance Communications (NASDAQ:NUAN) last released its earnings results on Thursday, February 8th. The software maker reported $0.27 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.26 by $0.01. Nuance Communications had a negative net margin of 3.76% and a positive return on equity of 11.62%. The firm had revenue of $508.80 million during the quarter, compared to the consensus estimate of $508.55 million. During the same period in the prior year, the firm earned $0.35 EPS. The company’s revenue was up 2.6% compared to the same quarter last year. equities analysts expect that Nuance Communications will post 0.83 EPS for the current fiscal year.

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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.

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