Equities research analysts predict that Nuance Communications Inc. (NASDAQ:NUAN) will post earnings per share of $0.22 for the current fiscal quarter, Zacks Investment Research reports. Five analysts have provided estimates for Nuance Communications’ earnings, with estimates ranging from $0.20 to $0.27. Nuance Communications posted earnings of $0.35 per share in the same quarter last year, which would indicate a negative year over year growth rate of 37.1%. The firm is expected to report its next quarterly earnings report on Tuesday, February 6th.

On average, analysts expect that Nuance Communications will report full year earnings of $1.11 per share for the current financial year, with EPS estimates ranging from $1.08 to $1.15. For the next year, analysts anticipate that the business will post earnings of $1.19 per share, with EPS estimates ranging from $1.15 to $1.25. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that cover Nuance Communications.

Nuance Communications (NASDAQ:NUAN) last posted its quarterly earnings results on Tuesday, November 28th. The software maker reported $0.20 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.15 by $0.05. Nuance Communications had a negative net margin of 7.75% and a positive return on equity of 12.15%. The company had revenue of $474.70 million for the quarter, compared to the consensus estimate of $457.09 million. During the same period last year, the firm posted $0.41 EPS. The company’s revenue for the quarter was down 7.4% on a year-over-year basis.

A number of research analysts have recently issued reports on NUAN shares. Zacks Investment Research upgraded shares of Nuance Communications from a “sell” rating to a “hold” rating in a research report on Thursday, October 12th. TheStreet downgraded shares of Nuance Communications from a “c” rating to a “d+” rating in a research report 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 price target on the stock in a research report on Thursday, November 2nd. Stifel Nicolaus restated a “hold” rating and issued a $18.00 price target (down from $19.00) on shares of Nuance Communications in a research report on Wednesday, November 29th. Finally, BidaskClub upgraded shares of Nuance Communications from a “sell” rating to a “hold” rating in a research report on Friday, December 15th. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. Nuance Communications has a consensus rating of “Buy” and an average target price of $20.50.

Nuance Communications (NUAN) traded down $0.10 during trading on Wednesday, hitting $17.32. 3,035,413 shares of the stock were exchanged, compared to its average volume of 4,840,000. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.19 and a current ratio of 1.19. Nuance Communications has a one year low of $14.02 and a one year high of $19.93. The company has a market cap of $5,030.00, a P/E ratio of -33.31, a P/E/G ratio of 1.75 and a beta of 0.60.

In related news, EVP Kenneth M. Siegel sold 4,682 shares of Nuance Communications stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $14.40, for a total value of $67,420.80. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 1.67% of the company’s stock.

A number of large investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in Nuance Communications by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 23,288,701 shares of the software maker’s stock valued at $405,455,000 after purchasing an additional 335,427 shares during the last quarter. Ameriprise Financial Inc. lifted its position in Nuance Communications by 3.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 18,257,115 shares of the software maker’s stock valued at $286,977,000 after purchasing an additional 637,014 shares during the last quarter. Pictet Asset Management Ltd. lifted its position in Nuance Communications by 29.4% in the 3rd quarter. Pictet Asset Management Ltd. now owns 5,390,900 shares of the software maker’s stock valued at $84,746,000 after purchasing an additional 1,224,085 shares during the last quarter. Sirios Capital Management L P lifted its position in Nuance Communications by 30.9% in the 3rd quarter. Sirios Capital Management L P now owns 5,015,098 shares of the software maker’s stock valued at $78,838,000 after purchasing an additional 1,183,013 shares during the last quarter. Finally, Neuberger Berman Group LLC lifted its position in Nuance Communications by 6.0% in the 3rd quarter. Neuberger Berman Group LLC now owns 4,903,924 shares of the software maker’s stock valued at $77,090,000 after purchasing an additional 277,184 shares during the last quarter. Hedge funds and other institutional investors own 84.94% of the company’s stock.

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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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