Sapiens International (SPNS) to Release Quarterly Earnings on Tuesday

Sapiens International (NASDAQ:SPNS) is anticipated to post its quarterly earnings results before the market opens on Tuesday, February 18th. Analysts expect Sapiens International to post earnings of $0.37 per share and revenue of $135.89 million for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Sapiens International (NASDAQ:SPNS) last posted its earnings results on Monday, November 11th. The technology company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.01). The firm had revenue of $137.00 million during the quarter, compared to analyst estimates of $140.10 million. Sapiens International had a net margin of 13.23% and a return on equity of 17.61%. The business’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.32 earnings per share. On average, analysts expect Sapiens International to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Sapiens International Stock Down 1.3 %

Shares of NASDAQ SPNS opened at $26.61 on Tuesday. The company has a market capitalization of $1.49 billion, a P/E ratio of 20.95 and a beta of 1.16. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.18 and a quick ratio of 2.18. The company has a 50 day simple moving average of $26.94 and a 200-day simple moving average of $32.08. Sapiens International has a 1 year low of $25.01 and a 1 year high of $41.22.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Barclays lowered their price target on Sapiens International from $38.00 to $30.00 and set an “underweight” rating for the company in a report on Tuesday, November 12th. Jefferies Financial Group downgraded shares of Sapiens International from a “buy” rating to a “hold” rating and reduced their price target for the company from $36.00 to $28.00 in a research note on Monday, February 3rd. William Blair reaffirmed a “market perform” rating on shares of Sapiens International in a research report on Friday, December 6th. Needham & Company LLC dropped their target price on shares of Sapiens International from $44.00 to $35.00 and set a “buy” rating for the company in a report on Tuesday, November 12th. Finally, StockNews.com cut Sapiens International from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, November 19th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $34.00.

About Sapiens International

Sapiens International Corporation N.V. provides software solutions for the insurance industry in North America, the United Kingdom, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company provides various solutions for property and casualty commercial and personal lines, life and pensions, and reinsurance fields.