NUAN

Nuance Communications Inc

TMT, Healthcare


Presented:07/19/2016
Price:$16.08
Cap:$4.79B
Current Price:$55.99
Cap:$17.88B

Presented

Date07/19/2016
Price$16.08
Market Cap$4.79B
Ent Value$7.52B
P/E RatioN/A
Book Value$6.44
Div Yield0%
Shares O/S298.02M
Ave Daily Vol2,751,647
Short Int4.01%

Current

Price$55.99
Market Cap$17.88B
Nuance Communications, Inc. provides voice and language solutions for businesses and consumers around the world. Its solutions are used in healthcare, mobile, consumer, enterprise customer service and imaging markets. The company products are based on proprietary voice and language platform. It operates under four segments: Healthcare, Mobile & Consumer, Enterprise and Imaging. The Healthcare segment provides transcription solutions and services that automate the input and management of medical information. The Mobile & Consumer segment offers integrated suite of voice control and text-to-speech solutions, dictation applications, predictive text technologies, mobile messaging services and emerging services such as dictation, Web search and voicemail-to-text. The Enterprise segment offers customer service business intelligence and authentication solutions that are designed to support, understand and communicate with their customers. The Imaging segment offers optical character recognition technology to deliver document scanning and storage solutions, including networked print management and comprehensive PDF applications designed specifically for business users. The company was founded in March 1992 and is headquartered in Burlington, MA.

Publicly traded companies mentioned herein: Apple Inc (AAPL), Five9 Inc (FIVN), inContact Inc (SAAS), Nuance Communications Inc (NUAN)

Highlights

The presenter is short shares of Nuance Communications (NUAN), citing weakness in all of NUAN’s business segments, its highly levered position, and a lack of meaningful earnings. Carl Icahn, a major shareholder, has been exiting his position, and the presenter believes NUAN could trade down to $7 if not lower.

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Idea Discussion

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