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Nuance Communications Inc. (NASDAQ:NUAN) issued an update on its FY14 earnings guidance on Monday morning. The company provided EPS guidance of $1.07-1.17 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.11, Analyst Ratings News reports. The company issued revenue guidance of $2.03-2.09 billion, compared to the consensus revenue estimate of $2.07 billion.Nuance Communications also updated its Q2 guidance to $0.21-0.25 EPS.

Nuance Communications Inc. (NASDAQ:NUAN) traded up 0.25% on Monday, hitting $15.76. The stock had a trading volume of 6,408,142 shares. Nuance Communications Inc. has a 52 week low of $13.00 and a 52 week high of $23.38. The stock’s 50-day moving average is $15.22 and its 200-day moving average is $16.91. The company’s market cap is $4.958 billion. Nuance Communications also saw unusually large options trading activity on Monday. Stock investors bought 14,375 call options on the company. This is an increase of approximately 238% compared to the average daily volume of 4,250 call options.

Nuance Communications (NASDAQ:NUAN) last issued its quarterly earnings data on Monday, November 25th. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.01. The company had revenue of $472.20 million for the quarter, compared to the consensus estimate of $489.56 million. During the same quarter in the previous year, the company posted $0.51 earnings per share. The company’s revenue for the quarter was up .1% on a year-over-year basis. Analysts expect that Nuance Communications Inc. will post $1.09 EPS for the current fiscal year.

NUAN has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Nuance Communications from a neutral rating to an outperform rating in a research note to investors on Tuesday, January 28th. They now have a $16.70 price target on the stock. On a related note, analysts at Morgan Stanley reiterated an equal weight rating on shares of Nuance Communications in a research note to investors on Wednesday, January 22nd. Finally, analysts at Standpoint Research initiated coverage on shares of Nuance Communications in a research note to investors on Wednesday, November 27th. They set a buy rating and a $18.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company. The stock has an average rating of Hold and an average price target of $18.75.

In other Nuance Communications news, VP Thomas Beaudoin sold 5,000 shares of Nuance Communications stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $15.31, for a total value of $76,550.00. Following the sale, the vice president now directly owns 510,570 shares of the company’s stock, valued at approximately $7,816,827. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Nuance Communications, Inc is a provider of voice and language solutions for businesses and consumers globally.

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