Nuance Communications Inc. (NUAN) Downgrade Issued by Wall Street Gurus


Nuance Communications Inc. (NASDAQ:NUAN) went down by -1.86% from its latest closing price compared to the recent 1-year high of $35.43. The company’s stock price has collected -0.41% of loss in the last five trading sessions. Press Release reported on 10/15/20 that U.S. Department of Veterans Affairs Expands Telehealth Services Using Nuance Dragon Medical One

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Is It Worth Investing in Nuance Communications Inc. (NASDAQ :NUAN) Right Now?

Nuance Communications Inc. (NASDAQ:NUAN) scored a price-to-earnings ratio above its average ratio, recording 63.03 x from its present earnings ratio. Plus, the 36-month beta value for NUAN is at 1.01. Opinions of the stock are interesting as 6 analysts out of 8 who provided ratings for Nuance Communications Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”

The average price from analysts is $34.86, which is $0.57 above the current price. NUAN currently public float of 280.05M and currently shorts hold a 6.77% ratio of that float. Today, the average trading volume of NUAN was 3.44M shares.

NUAN’s Market Performance

NUAN stocks went down by -0.41% for the week, with a monthly jump of 3.56% and a quarterly performance of 27.76%, while its annual performance rate touched 114.85%. The volatility ratio for the week stands at 3.20% while the volatility levels for the past 30 days are set at 2.92% for Nuance Communications Inc.. The simple moving average for the period of the last 20 days is 1.81% for NUAN stocks with a simple moving average of 43.60% for the last 200 days.

Analysts’ Opinion of NUAN

SVB Leerink, on the other hand, stated in their research note that they expect to see NUAN reach a price target of $31. The rating they have provided for NUAN stocks is “Outperform” according to the report published on June 29th, 2020.

NUAN Trading at 8.64% from the 50-Day Moving Average

After a stumble in the market that brought NUAN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.22% of loss for the given period.

Volatility was left at 2.92%, however, over the last 30 days, the volatility rate increased by 3.20%, as shares surge +4.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.32% upper at present.

During the last 5 trading sessions, NUAN fell by -0.41%, which changed the moving average for the period of 200-days by +90.18% in comparison to the 20-day moving average, which settled at $33.75. In addition, Nuance Communications Inc. saw 92.32% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at NUAN starting from Petro Joseph Carl, who sale 30,030 shares at the price of $33.26 back on Sep 23. After this action, Petro Joseph Carl now owns 234,556 shares of Nuance Communications Inc., valued at $998,650 using the latest closing price.

BEAUDOIN THOMAS L, the EVP, Business Transformation of Nuance Communications Inc., sale 5,000 shares at $33.55 during a trade that took place back on Sep 18, which means that BEAUDOIN THOMAS L is holding 197,599 shares at $167,751 based on the most recent closing price.

Stock Fundamentals for NUAN

Current profitability levels for the company are sitting at:

  • +12.18 for the present operating margin
  • +53.56 for the gross margin

The net margin for Nuance Communications Inc. stands at +6.27. The total capital return value is set at 5.54, while invested capital returns managed to touch 3.34. Equity return is now at value 6.60, with 2.30 for asset returns.

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Based on Nuance Communications Inc. (NUAN), the company’s capital structure generated 89.86 points at debt to equity in total, while total debt to capital is 47.33. Total debt to assets is 36.09, with long-term debt to equity ratio resting at 36.82. Finally, the long-term debt to capital ratio is 19.40.

Currently, EBITDA for the company is 52.24M with total debt to EBITDA at 5.08. When we switch over and look at the enterprise to sales, we see a ratio of 3.26, with the company’s debt to enterprise value settled at 0.33. The receivables turnover for the company is 4.83 and the total asset turnover is 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.65.

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