Nuance Communications, Inc. (NASDAQ:NUAN) registered a 0.06% increase, still its new closing price is 18.97% up from the company’s 1 year high of 20.56.It posted 0.13% gains in previous 5 sessions and is now the subject of 3 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 4 buy or better ratings. The 9 stock analysts following this company have an average price target at $20.78, with individual PT in the $16.00-$26.00 range. The shares moved at $15.99, implying that brokerage firms see shares losing about -8.26% in twelve months time.
Nuance Communications, Inc. (NUAN) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 7.32% rise year to date. A Director at Nuance Communications, Inc. (NUAN) offloaded shares in a transaction closed on Tuesday January 03, 2017. MARTIN KATHERINE A sold 10,000 shares in the company at $14.9 each and collected $149,000 in proceeds. MARTIN KATHERINE A now owns 107,880 shares in the company after this transaction. A Executive Vice President and C in the company, Tempesta Daniel David, disclosed a transaction on Tuesday January 03, 2017 that ended up generating $89,000 from the sale of 6,000 shares at $14.9 per share.
Nuance Communications, Inc. (NASDAQ:NUAN) Upcoming Results on Tap
Nuance Communications, Inc. will next provide financial results for the December 2017 quarter. Stock analysts expect it to report per-share earnings of $0.39 in that period. Sales during the quarter are predicted to arrive at $511.44 million.
Earnings surprise history: Last quarter, the company posted approximately $512.45 million in revenue and EPS of $0.41. The mean forecast was for $505.1 million and $0.39 a share, respectively. One quarter earlier, revenue for the stock was at $484.86 million, with earnings at $0.38/share.
Nuance Communications, Inc. (NUAN) Brokerage Update
Nuance Communications, Inc. (NUAN) is in Barclays’s research list so their analyst rating change is noteworthy. These shares were upgraded to Overweight from Equal Weight by Barclays, according to news reported on Friday January 06, 2017.Another important research note was issued by Raymond James on Friday November 18, 2016.The firm upgraded NUAN to Strong Buy from Outperform. Over the last six months and over the last three months, the shares of Nuance Communications, Inc. (NUAN), have changed 0.88% and 15.20%, respectively.