Nuance Communications Inc. (NUAN) Analysts See $0.05 EPS

November 14, 2017 - By Clifton Ray

 Nuance Communications Inc. (NUAN) Analysts See $0.05 EPS
Investors sentiment increased to 0.89 in Q2 2017. Its up 0.02, from 0.87 in 2017Q1. It improved, as 63 investors sold Nuance Communications Inc. shares while 104 reduced holdings. 48 funds opened positions while 101 raised stakes. 202.79 million shares or 3.36% less from 209.85 million shares in 2017Q1 were reported.
Gam Hldgs Ag holds 0.01% or 20,370 shares. Frontier Ltd Liability Corporation has invested 0.17% in Nuance Communications Inc. (NASDAQ:NUAN). Glenmede Trust Com Na has 54,344 shares for 0% of their portfolio. Renaissance Technologies Limited Liability, New York-based fund reported 998,255 shares. Capstone Advisors Lc invested in 73,000 shares or 0.03% of the stock. 3,952 were accumulated by Strs Ohio. 41,250 are owned by Laurion Management L P. Moreover, Oppenheimer And has 0.01% invested in Nuance Communications Inc. (NASDAQ:NUAN). Us Bank De holds 0% of its portfolio in Nuance Communications Inc. (NASDAQ:NUAN) for 298 shares. Dreman Value L L C holds 0.28% or 27,834 shares in its portfolio. Moreover, Stephens Ar has 0.02% invested in Nuance Communications Inc. (NASDAQ:NUAN) for 27,985 shares. Loring Wolcott & Coolidge Fiduciary Advsr Llp Ma owns 290 shares. Credit Suisse Ag holds 0.01% in Nuance Communications Inc. (NASDAQ:NUAN) or 366,706 shares. Los Angeles Capital Management And Equity holds 0.08% or 721,708 shares. Advisory Serv Limited Liability Company owns 0.01% invested in Nuance Communications Inc. (NASDAQ:NUAN) for 2,400 shares.

Since May 15, 2017, it had 0 insider purchases, and 5 insider sales for $3.07 million activity. RICCI PAUL had sold 139,267 shares worth $2.66 million on Tuesday, June 6. Another trade for 45,572 shares valued at $875,514 was made by Bowden Adam Bruce on Monday, May 15. MARTIN KATHERINE A also sold $183,400 worth of Nuance Communications Inc. (NASDAQ:NUAN) shares. 7,500 Nuance Communications Inc. (NASDAQ:NUAN) shares with value of $141,000 were sold by Tempesta Daniel David.

Analysts await Nuance Communications Inc. (NASDAQ:NUAN) to report earnings on November, 28 after the close. They expect $0.05 earnings per share, down 81.48 % or $0.22 from last year’s $0.27 per share. NUAN’s profit will be $14.42M for 71.45 P/E if the $0.05 EPS becomes a reality. After $0.18 actual earnings per share reported by Nuance Communications Inc. for the previous quarter, Wall Street now forecasts -72.22 % negative EPS growth. The stock decreased 3.18% or $0.47 during the last trading session, reaching $14.29. About 3.34 million shares traded or 53.92% up from the average. Nuance Communications Inc. (NASDAQ:NUAN) has risen 16.56% since November 14, 2016 and is uptrending. It has underperformed by 0.14% the S&P500.

Nuance Communications Inc. (NASDAQ:NUAN) Ratings Coverage

Among 11 analysts covering Nuance Communications (NASDAQ:NUAN), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. Nuance Communications had 31 analyst reports since August 7, 2015 according to SRatingsIntel. The stock has “Overweight” rating by Barclays Capital on Wednesday, August 9. The rating was maintained by Morgan Stanley with “Equal-Weight” on Tuesday, July 25. The company was upgraded on Friday, November 18 by Raymond James. The stock of Nuance Communications Inc. (NASDAQ:NUAN) earned “Buy” rating by Standpoint Research on Friday, January 15. The firm has “Buy” rating given on Monday, June 12 by Deutsche Bank. The rating was upgraded by Morgan Stanley on Thursday, November 2 to “Overweight”. The firm has “Buy” rating by Canaccord Genuity given on Friday, August 7. The company was maintained on Wednesday, August 9 by Oppenheimer. Barclays Capital initiated the stock with “Equal-Weight” rating in Friday, April 15 report. The rating was maintained by Deutsche Bank with “Buy” on Tuesday, August 9.

Nuance Communications, Inc. is a provider of voice recognition and natural language understanding solutions. The company has market cap of $4.12 billion. The Company’s divisions include Healthcare, Mobile, Enterprise and Imaging. It currently has negative earnings. The Healthcare segment provides clinical speech and clinical language understanding solutions.

More recent Nuance Communications Inc. (NASDAQ:NUAN) news were published by: Globenewswire.com which released: “Nuance Named CES 2018 Innovation Awards Honoree” on November 09, 2017. Also Benzinga.com published the news titled: “The Nuance Communications Turnaround Story Is Growing More Convincing, Says …” on November 02, 2017. Globenewswire.com‘s news article titled: “Nuance Communications Recognized as Ingram Micro Emerging Vendor of the Year …” with publication date: November 07, 2017 was also an interesting one.

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