Media headlines about Nuance Communications (NASDAQ:NUAN) have been trending somewhat positive on Monday, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Nuance Communications earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave media coverage about the software maker an impact score of 46.278586075783 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:
Several brokerages have issued reports on NUAN. Oppenheimer reissued a “buy” rating and issued a $23.00 price objective on shares of Nuance Communications in a research note on Tuesday, January 23rd. BidaskClub cut shares of Nuance Communications from a “hold” rating to a “sell” rating in a research note on Friday, January 26th. Canaccord Genuity reaffirmed a “buy” rating and set a $21.00 price target on shares of Nuance Communications in a research note on Monday, January 22nd. TheStreet raised shares of Nuance Communications from a “d+” rating to a “c-” rating in a research note on Wednesday, January 17th. Finally, Morgan Stanley set a $20.00 price target on shares of Nuance Communications and gave the stock a “buy” rating in a research note on Thursday, March 22nd. Two analysts have rated the stock with a sell rating, one has assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. Nuance Communications presently has an average rating of “Buy” and a consensus target price of $20.75.
NASDAQ:NUAN opened at $14.88 on Monday. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.46 and a current ratio of 1.46. Nuance Communications has a fifty-two week low of $14.02 and a fifty-two week high of $19.93. The firm has a market cap of $4,417.24, a PE ratio of 24.80, a P/E/G ratio of 1.51 and a beta of 0.64.
Nuance Communications (NASDAQ:NUAN) last posted its quarterly earnings results on Thursday, February 8th. The software maker reported $0.27 earnings per share for the quarter, topping 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 business had revenue of $508.80 million for the quarter, compared to analysts’ expectations of $508.55 million. During the same period in the prior year, the company posted $0.35 EPS. The business’s revenue for the quarter was up 2.6% on a year-over-year basis. equities research analysts expect that Nuance Communications will post 0.83 earnings per share 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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