Nuance Communications, Inc. (NUAN)

Marco Green
December 1, 2017

(NASDAQ:NUAN). At the time of writing, the First Call consensus price target for the company is $21.38. Analysts are forecasting earnings of $0.23 on a per share basis this quarter. As per Wednesday, May 11, the company rating was maintained by Canaccord Genuity. Tower Research Capital LLC TRC purchased a new stake in shares of Nuance Communications in the 2nd quarter valued at about $103,000. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, six have given a buy rating and one has issued a strong buy rating to the company's stock. Nuance Communications now has a consensus rating of "Buy" and a consensus target price of $20.86. Raymond James Financial lowered their price target on shares of Nuance Communications from $24.00 to $22.00 and set a strong-buy rating for the company in a report on Wednesday, August 9th. Winslow Evans & Crocker Inc reported 0% in Nuance Communications, Inc. (NASDAQ:NUAN). Susquehanna International Grp Llp has invested 0% of its portfolio in Nuance Communications, Inc. A total of 7.24 Million shares exchanged at hands and its Average Volume (3 months) is 2.13 Million. The business had revenue of $474.70 million for the quarter, compared to analyst estimates of $457.09 million. Nuance Communications had a positive return on equity of 12.14% and a negative net margin of 7.75%. (NUAN) revealed a profit for fourth quarter that fell compared to the same period a year ago. This downward move has put the stock in the top loser category moving into the second half of the trading period.Nuance Communications, Inc.

Alphabet Inc. (GOOG) stock moved with shift of -1.24% in the past week. The company has its outstanding shares of 286.45 Million. Also, EVP Kenneth M. Siegel sold 4,682 shares of the company's stock in a transaction on Friday, October 6th.

The most recent open market insider trade was Automatic Sell of 4,682 shares on a day where the closing price was 14.4. The disclosure for this sale can be found here. 12Th Street Asset Management Ltd owns 7.33% invested in Nuance Communications, Inc.

Looking forward, the company's quarterly earnings are expected to come at $0.43 in the three months through December 2017 and -$0.28 in the quarter ending March 2018, reflecting -17.31% and -12.5% growth, respectively. Aperio Group LLC boosted its stake in Nuance Communications by 18.3% in the 2nd quarter. 202.79 million shares or 3.36% less from 209.85 million shares in 2017Q1 were reported. Public Employees Retirement Association of Colorado raised its stake in shares of Nuance Communications by 3.7% during the 2nd quarter. Insiders own 1.67% of the company's stock.

Janney Montgomery Scott Ltd Com stated it has 46,282 shares or 0.01% of all its holdings. NUAN shares price ascend 3.59% during latest trading session. CIBC Asset Management Inc now owns 16,888 shares of the software maker's stock worth $294,000 after purchasing an additional 655 shares during the period. Companies with a high P/E ratio are typically growth stocks.

COPYRIGHT VIOLATION NOTICE: This story was originally posted by Week Herald and is owned by of Week Herald. If you are viewing this report on another site, it was illegally stolen and republished in violation of U.S. and worldwide copyright & trademark laws. Stifel Nicolaus maintained it with "Hold" rating and $1900 target in Tuesday, August 8 report. The Company's segments include Healthcare, Mobile, Enterprise and Imaging.

The Healthcare segment provides clinical speech and clinical language understanding solutions. The Healthcare segment offers transcription solutions, which enables physicians to streamline clinical documentation with medical transcription platform; Dragon Medical, a dictation software that empowers physicians to accurately capture and document patient care in real-time on various devices; clinical document improvement and coding solutions to ensure patient health information is accurately documented, coded, and evaluated; and diagnostic solutions that allows radiologists to document, collaborate, and share medical images and reports.

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