Nuance Communications (NASDAQ:NUAN) will be announcing its earnings results after the market closes on Monday, February 5th. Analysts expect the company to announce earnings of $0.25 per share for the quarter. Nuance Communications has set its Q1 guidance at $0.19-0.22 EPS and its FY18 guidance at $1.06-1.15 EPS.
Nuance Communications (NASDAQ:NUAN) last issued its quarterly earnings results on Tuesday, November 28th. The software maker reported $0.20 EPS for the quarter, beating the consensus estimate of $0.15 by $0.05. The company had revenue of $474.70 million for the quarter, compared to the consensus estimate of $457.09 million. Nuance Communications had a negative net margin of 7.75% and a positive return on equity of 12.15%. The firm’s revenue was down 7.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.41 EPS. On average, analysts expect Nuance Communications to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Nuance Communications (NASDAQ NUAN) opened at $17.47 on Friday. The company has a market cap of $5,010.00, a PE ratio of -33.60, a P/E/G ratio of 1.71 and a beta of 0.61. Nuance Communications has a fifty-two week low of $14.02 and a fifty-two week high of $19.93. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 1.16.
A hedge fund recently raised its stake in Nuance Communications stock. The Manufacturers Life Insurance Company grew its stake in Nuance Communications Inc. (NASDAQ:NUAN) by 8.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,234 shares of the software maker’s stock after acquiring an additional 809 shares during the period. The Manufacturers Life Insurance Company ‘s holdings in Nuance Communications were worth $178,000 at the end of the most recent reporting period. 85.17% of the stock is currently owned by institutional investors.
Several equities analysts recently commented on NUAN shares. Zacks Investment Research upgraded shares of Nuance Communications from a “sell” rating to a “hold” rating in a report on Thursday, October 12th. TheStreet downgraded shares of Nuance Communications from a “c” rating to a “d+” rating in a research note on Tuesday, November 28th. Morgan Stanley upgraded shares of Nuance Communications from an “equal weight” rating to an “overweight” rating and set a $18.00 target price on the stock in a research note on Thursday, November 2nd. Stifel Nicolaus restated a “hold” rating and issued a $18.00 target price (down from $19.00) on shares of Nuance Communications in a research note on Wednesday, November 29th. Finally, Oppenheimer restated a “buy” rating and issued a $23.00 target price on shares of Nuance Communications in a research note on Tuesday, January 23rd. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $20.50.
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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.
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