Shares of Sapiens International Co. (NASDAQ:SPNS) have been given a consensus recommendation of “Hold” by the eight ratings firms that are currently covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $15.00.
Several research firms have recently commented on SPNS. BidaskClub downgraded shares of Sapiens International from a “hold” rating to a “sell” rating in a report on Saturday. William Blair restated an “outperform” rating on shares of Sapiens International in a report on Thursday, March 8th. Zacks Investment Research cut shares of Sapiens International from a “hold” rating to a “sell” rating in a report on Thursday, February 15th. Finally, Barclays cut shares of Sapiens International from an “overweight” rating to an “equal weight” rating in a report on Friday, February 16th.
Sapiens International (NASDAQ:SPNS) traded down $0.01 on Wednesday, hitting $9.15. 13,201 shares of the company’s stock were exchanged, compared to its average volume of 29,667. The company has a market capitalization of $450.81, a price-to-earnings ratio of 915.92, a P/E/G ratio of 4.21 and a beta of 1.18. Sapiens International has a fifty-two week low of $9.07 and a fifty-two week high of $14.30. The company has a current ratio of 1.88, a quick ratio of 2.03 and a debt-to-equity ratio of 0.39.
Sapiens International (NASDAQ:SPNS) last posted its quarterly earnings results on Thursday, March 8th. The technology company reported $0.11 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.11. Sapiens International had a net margin of 0.13% and a return on equity of 6.81%. The business had revenue of $72.40 million during the quarter, compared to analyst estimates of $72.09 million. During the same period in the prior year, the business posted $0.12 earnings per share. The company’s revenue was up 26.8% on a year-over-year basis. equities research analysts expect that Sapiens International will post 0.44 EPS for the current year.
Hedge funds and other institutional investors have recently bought and sold shares of the company. Kingfisher Capital LLC acquired a new stake in Sapiens International in the 4th quarter valued at $118,000. ARK Investment Management LLC acquired a new stake in Sapiens International in the fourth quarter valued at $213,000. Jane Street Group LLC grew its holdings in Sapiens International by 58.5% in the third quarter. Jane Street Group LLC now owns 25,690 shares of the technology company’s stock valued at $339,000 after purchasing an additional 9,485 shares during the last quarter. Dimensional Fund Advisors LP acquired a new stake in Sapiens International in the second quarter valued at $358,000. Finally, Meitav Dash Investments Ltd. acquired a new stake in Sapiens International in the fourth quarter valued at $554,000. Hedge funds and other institutional investors own 8.67% of the company’s stock.
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Sapiens International Company Profile
Sapiens International Corporation N.V. (Sapiens) is a provider of software solutions for the insurance industry, with a focus on the financial services sector. The Company operates in provider of software solutions segment. Its software solutions portfolio consists of Life, Pension, Annuity and Retirement Solutions, including software solutions for the management of a range of products for life, pension, annuity and retirement; Property and Casualty/General Insurance Solutions, including a software suite of solutions, supporting a range of business lines, including personal, commercial and specialty lines, as well as a solution for the management of reinsurance contracts; Sapiens DECISION, which is a business decision management solution, and Technology-Based Solutions, such as Sapiens eMerge.
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