|Bid||22.88 x 2900|
|Ask||22.91 x 4000|
|Day's Range||22.47 - 22.99|
|52 Week Range||13.00 - 23.58|
|Beta (5Y Monthly)||0.97|
|PE Ratio (TTM)||44.34|
|Earnings Date||Aug 05, 2020 - Aug 10, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||22.17|
The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]
Nuance® Communications, Inc. (NASDAQ: NUAN) today announced that National Australia Bank (NAB), one of Australia's major banks, is leveraging the world's most advanced biometrics solution for authenticating customers and enabling fraud detection, Nuance Gatekeeper, to improve the customer experience and strengthen the bank's security standards around customers' authentication processes.
Nuance® Communications, Inc. (NASDAQ: NUAN) today announced the appointment of Diana Nole to Executive Vice President and General Manager of the Company's Healthcare business. Ms. Nole, who will join Nuance on June 1, 2020, brings more than 15 years of experience leading global healthcare operations, delivering consistent top- and bottom-line growth, and ensuring the highest levels of customer satisfaction. She will be based in the Burlington, Massachusetts headquarters and report to Nuance CEO Mark Benjamin.
Joining me on the call today to discuss our results and response to the coronavirus global pandemic is Chief Executive Officer, Mark Benjamin; and Chief Financial Officer, Dan Tempesta. During the Q&A portion of the call, we will be joined by Rob Dahdah, Chief Revenue Officer; Robert Weideman, Executive Vice President of Enterprise; and Pete Durlach, Senior Vice President of Healthcare.
Nuance Communications (NUAN) delivered earnings and revenue surprises of 23.53% and 4.45%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Nuance® Communications, Inc. (NASDAQ: NUAN) today announced Albertsons Companies, Inc. (Albertsons), one of the largest U.S. food and drug retailers, will deploy Nuance's Intelligent Engagement Platform, specifically its virtual assistant and live chat solutions, to deliver real-time digital support to customers doing their grocery shopping online.
Nuance Communications (NUAN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
RGA Investment Advisors, LLC is an independent investment management firm based in New York. Jason Gilbert is the firm’s founder and managing partner. Recently, RGA Investment Advisors released its Q1 2020 Investor Letter – a copy of which can be downloaded here. In the said letter, Jason Gilbert highlighted that the firm bought Nuance Communications […]
Nuance Communications, Inc. (NASDAQ: NUAN) today announced that management will participate in the following virtual investor conferences:
Nuance Communications, Inc. (NASDAQ: NUAN) today announced the Nuance® Dragon Ambient eXperience™ (DAX™) solution for telehealth in response to the overwhelming increase in virtual visits sparked by the COVID-19 global pandemic. Working in tandem with electronic health record (EHR) systems, the Nuance DAX™ solution revolutionizes the physician-patient experience by securely capturing and contextualizing physician-patient conversations and powering virtual exams where clinical documentation writes itself.™ With the Nuance DAX solution, physicians can be onboarded and trained remotely, capture patient encounters securely, and automatically create clinical notes as a part of their telehealth visits.
BURLINGTON, Mass., April 15, 2020 -- Nuance® Communications, Inc. (NASDAQ: NUAN) today announced the launch of Nuance Mix, an open enterprise-grade, software-as-a-service.
Nuance Communications, Inc. (NUAN) today announced that it will release its second quarter fiscal 2020 results on Thursday, May 7, 2020 after the market close. Nuance Communications (NUAN) is the pioneer and leader in conversational AI innovations that bring intelligence to everyday work and life. With decades of domain and AI expertise, Nuance works with thousands of organizations globally across healthcare, financial services, telecommunications, government, and retail – to create stronger relationships and better experiences for their customers and workforce.
In the report, Forrester recognizes Nuance for “leading with conversational AI embedded in its digital suite,” and gives the company a “differentiated” score in the Chatbots, Routing and Queuing, Market Approach and Vision criteria. Nuance was also noted for its global presence, mature professional services, partner relationships and industry focus in financial services, telecom, healthcare, travel and retail putting it in a position to be best suited for enterprises with large global footprints and high interaction volumes. Nuance is repeatedly recognized for its technology leadership including being named as a Leader providing “mission-critical, enterprise-grade conversational AI,” in the “The Forrester New Wave™: Conversational AI for Customer Service, Q2 2019” report.
Nuance® Communications, Inc. (NUAN) today announced a solution that uses AI to eliminate putting customers on hold. Instead of having customers wait on hold, or offer to wait for a call back, enterprises adding Nuance Voice-to-Agent Messaging to their contact center phone/IVR system can let their customers leave a voice message of any length to explain their issue and requests. Voice-to-Agent uses conversational AI to automatically convert the customer voice message into text, then uses natural language understanding to understand the customer request and route to the best agent or agent pool.
Does the April share price for Nuance Communications, Inc. (NASDAQ:NUAN) reflect what it's really worth? Today, we...
Moody's Investors Service ("Moody's") affirmed Cerence Inc.'s ("Cerence") B2 Corporate Family Rating (CFR) and B2-PD Probability of Default Rating (PDR) and changed the outlook to negative from positive. Moody's also affirmed the B2 ratings on the company's senior secured bank credit facilities and downgraded the Speculative Grade Liquidity Rating to SGL-2 from SGL-1.
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
Nuance® Communications, Inc. (NUAN) today announced immediate availability of the free COVID-19 Content Pack for all Nuance Dragon® Medical users, which comprises more than 500,000 physicians worldwide. Developed by and for physicians, the electronic health record (EHR)-agnostic COVID-19 Content Pack is based on the Centers for Disease Control and Prevention (CDC) and the American Health Information Management Association (AHIMA) guidelines for coding and reporting. Physicians at Nebraska Medicine, a research and educational partner to the University of Nebraska Medical Center (UNMC), which also houses one of the nation’s leading biocontainment facilities, requested the specialized content and templates for Dragon Medical to speed entry of patient data into the EHR system, increase their ability to see more patients, and lower stress on overtaxed care teams.
Amidst all the uncertainty gripping the markets, right now, one thing remains constant: Volatility.The market pendulum is currently swinging wildly from one extreme to the other. However, in a recent note to clients, Wedbush analyst Daniel Ives notes that even in times of uncertainty, fundamentals remain key.“Our investing philosophy in times of crisis is to do a bottoms up analysis and stress test the models of our top tech names/themes vs. a sensitivity in valuations. If stocks stick out with a green light based on this exercise and framework, we hand hold investors to buy these dips through this volatility, own the names for the other side of this panic, and see the forest through the trees on the fundamental drivers for the next decade in tech” Ives said.With the help of TipRanks’ Stock Screener we got the low down on 3 tech names Ives believes 'stand out' at current levels. Digging further down, it appears all three currently boast a Strong Buy consensus rating from the Street. Let’s check them out.Varonis Systems (VRNS)One of the sectors Ives is most bullish on long-term is that of cyber security. Varonis is a pioneer in data security and analytics, and its offerings include everything from securing business data, systems management, data environments and file activity tracking.Despite a 15% drop year-to-date, Varonis posted gains of 52% last year, following a series of impressive earnings reports. Ives believes there’s more to come and argues the “the results speak for themselves.”While in its latest quarterly statement, the company posted modest beats on both top and bottom line, the all important ARR (annual recurring revenue) is where Varonis displayed its most impressive figures, the metric increasing by 62% year-over-year, handily above Street expectations.Additionally, with Varonis currently transitioning to a subscription based model over perpetual licenses, the Street had high expectations, and was looking for subscriptions to be over 75% of total license revenue. Varonis beat the figure by posting an “eye popping” 82% subscription mix.Ives said, “In the numerous software business model transitions we have seen play out over the past decade, we can never remember seeing a company so quickly ramp subscription revenues in the course of a few quarters, which speaks to a massive success story so far for the company (and its investors)... We believe Varonis’ platform offers a broad range of features and unique functionalities that differentiates it from traditional data security offerings and continues to be in the sweet spot of purchasing cycles which is starting to resonate with customers in our opinion heading into the next 12 to 18 months.”Ives keeps his Outperform rating intact along with a $105 price target, which implies a possible upside of 94% in the coming months. (To watch Ives’ track record, click here)The Street is on the Wedbush analyst’s side. 10 Buys and 2 Hold ratings given to the data security specialist over the last three months add up to a Strong Buy consensus rating. At $100.27, the upside potential comes in at a healthy 85%. (See Varonis stock analysis on TipRanks)J2 Global Communications (JCOM)Cloud computing is another sector Ives sees as expanding in the new decade, which brings us nicely to J2 Global. The Los Angeles based company provides internet services through two different segments: business cloud services and digital media.J2’s share price is down by 18.5% year-to-date, but it’s worth bearing in mind that it notched an all-time-high on January 21. If things pan out as Ives forecasts, J2 Global will be reaching new heights in the year ahead.Since launching its digital division in 2012 with the purchase of digital publisher Ziff Davis, J2 has been aggressive on the acquisition front, and the company now boasts a portfolio of over 40 brands, including PCMag, Mashable, and Everyday Health, amongst others.Ives argues JCOM has been a “misunderstood story” by the Street. In the past, seen by many investors as a legacy fax player (e-Fax) and serial M&A machine, with low growth prospects and high margins. But the analyst maintains that with aggressive M&A, a disciplined cash flow machine, and a number of strategic initiatives possibly to come, JCOM could see further “multiple expansion and growth.”Ives said, “We reiterate our belief that the merits of this story are gaining further steam under the leadership of CEO Vivek Shah as his digital media strategy continues to take hold on the heels of stronger subscription revenue and a continued improvement in display advertising. In our opinion the underlying acquisitive growth ($550 million convert adds to M&A war chest) strategy of diversifying its core services beyond fax into cloud and media is the key ingredient in its formula for success and will continue to be the linchpin going forward as evidenced again this quarter.”Ives puts a $110 price target on JCOM to go along with his Outperform rating. Should the target be met over the next 12 months, investors stand to pocket a 67% gain.What does the Street have in mind for the internet services provider? J2’s Strong Buy consensus rating breaks down into 6 Buy ratings and 2 Holds. The average price target comes in at $109.14, indicating potential upside of 67%. (See JCOM's price targets and analyst ratings on TipRanks)Nuance Communications (NUAN)Staying in cloud based services, we come to Nuance Communications, a company providing speech recognition software and artificial intelligence solutions. Despite the overall volatility in the markets, Nuance has been holding up well, among the few names to stay in the green in 2020.The company’s latest quarterly statement was a strong one with beats across the board.Revenue of $418.3 million beat the estimate by $12 million, while EPS of $0.27 beat the Street’s call by $0.03. Nuance’s all important cloud-based speech platform for physicians, Dragon Medical Cloud saw 51% revenue growth from the same period last year.Nuance has also formed a partnership with Microsoft. In October the two announced an initiative to help reduce burnout among clinicians with the delivery of ambient clinical intelligence (ACI) technologies. According to the company’s press release these will “power the exam room of the future where clinical documentation writes itself.”Ives believes that following a bumpy ride in the last decade, new CEO Mark Benjamin has engineered one of the more “impressive strategic and fundamental turnarounds” he has seen in decades.Ives said, “We believe the underlying visibility increasing in the model from the key healthcare initiatives along with healthy profitability/cash flow lay the groundwork for a strategic organic growth reacceleration story over the coming years that should result in a further re-rating of the stock as the Street recognizes the "new and improved Nuance" story.”Ives reiterates an Outperform on Nuance along with a $27 price target. Investors stand to take home a 82% gain, should the figure be met over the next 12 months.Out on the Street, Nuance’s Strong Buy consensus rating is based solely on Buys - 5, in fact. The average price target is $23.80 and suggests the analysts see a further 59% added to the share price over the coming year. (See Nuance stock analysis at TipRanks)
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Nuance Communications, Inc. New York, March 05, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Nuance Communications, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Nuance® Communications, Inc. (NUAN) today announced Nuance Gatekeeper, its AI-based biometrics solution designed for the cloud, was recognized by the GSMA as the 2020 Global Mobile (GLOMO) Award winner for “Best Mobile Authentication and Security Solution”. The GLOMOs showcase those companies and individuals that are driving innovation in the rapidly evolving mobile industry.
Despite the fear and panic generated by the coronavirus outbreak, tech investors should take the long view, urged Wedbush analyst Dan Ives in a note on Sunday. Such times of extreme anxiety and panic represent "golden buying opportunities" for the stocks and themes that wind up winning in the the long-term, according to Ives. "Our long standing view during this last decade… is that we are in the midst of a unprecedented tech bull market with themes such as the enterprise move to cloud computing, a transformational 5G super cycle, EV auto demand inflection, streaming cord cutting paradigm shift, and cyber security all representing some of the major game changing trends poised to change the consumer and enterprise landscape for the next decade," Ives wrote on Sunday.