This stock has been chosen as a JUMP candidate for its upcoming earnings catalyst that is likely to move the stock between 5-20% post release. To conduct further research on the financials, analyst views and pivot points visit the Inside Mole research tool. This report is based on our analysis and opinions and the trade plan is how we intend to trade this event. As a self-directed trader you may decide to take a different approach to this event. For details on how we trade these events watch the video below.
Target: Nuance Communications, Inc. (NUAN)
Earnings Release Date: 5/09/18 (After Market Close)
Position Entry Time: (at or near EOD-end of day)
Last 3 Quarters: “Jump Zone” Move: -4.28%, 11.72%, -7.75%
Consensus Estimates: ($NA whisper) ($.29 estimize) ($.28 wall street)
(** always check in the trade room 30 minutes prior to close for last minute trajectory updates
ANALYSIS: StockJumpers trajectory analysis reveals a potential miss and lackluster results with a weaker than expected forward guidance. We see this as mixed results without solid conviction even though our trajectory analysis tools have this as a short play. We will likely hold or do a small trade allocation and go in when the direction is confirmed. We will add to a short position at the release.
We are SHORT but feel any mixed metrics may not be worth the risk.
(Note: This is an after-market release – today)
TARGET ‘JUMP ZONE’ POTENTIAL: 8%
CONFIDENCE RANKING: 8
POTENTIAL OPTIONS CONTRACT: NONE
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