VASCO Data Security International, Inc. (VDSI) to Post Q2 2018 Earnings of $0.10 Per Share, Dougherty & Co Forecasts

VASCO Data Security International, Inc. (NASDAQ:VDSI) – Analysts at Dougherty & Co issued their Q2 2018 EPS estimates for VASCO Data Security International in a report released on Tuesday, May 22nd. Dougherty & Co analyst C. Trebnick expects that the technology company will post earnings of $0.10 per share for the quarter. Dougherty & Co has a “Buy” rating and a $21.00 price objective on the stock.

VASCO Data Security International (NASDAQ:VDSI) last released its quarterly earnings results on Tuesday, May 8th. The technology company reported $0.12 EPS for the quarter. VASCO Data Security International had a negative net margin of 10.76% and a positive return on equity of 6.71%. The business had revenue of $45.40 million for the quarter, compared to analyst estimates of $43.49 million. During the same period last year, the firm earned $0.08 earnings per share. VASCO Data Security International’s revenue for the quarter was up 8.1% compared to the same quarter last year.

VDSI has been the topic of several other reports. ValuEngine raised shares of VASCO Data Security International from a “hold” rating to a “buy” rating in a report on Thursday, April 19th. Zacks Investment Research raised shares of VASCO Data Security International from a “hold” rating to a “buy” rating and set a $14.00 target price on the stock in a report on Saturday, April 7th. BidaskClub raised shares of VASCO Data Security International from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 12th. Finally, TheStreet raised shares of VASCO Data Security International from a “d+” rating to a “c-” rating in a report on Friday, May 4th. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $17.00.

VASCO Data Security International opened at $20.60 on Thursday, Marketbeat Ratings reports. VASCO Data Security International has a 12 month low of $11.05 and a 12 month high of $20.88. The stock has a market capitalization of $816.32 million, a price-to-earnings ratio of 47.91, a PEG ratio of 4.45 and a beta of 1.32.

A number of large investors have recently bought and sold shares of the stock. Principal Financial Group Inc. boosted its position in VASCO Data Security International by 2.4% during the 1st quarter. Principal Financial Group Inc. now owns 230,904 shares of the technology company’s stock worth $2,990,000 after buying an additional 5,477 shares during the period. Legal & General Group Plc boosted its position in VASCO Data Security International by 1,412.3% during the 1st quarter. Legal & General Group Plc now owns 829,330 shares of the technology company’s stock worth $10,734,000 after buying an additional 774,491 shares during the period. Ladenburg Thalmann Financial Services Inc. boosted its position in VASCO Data Security International by 58.2% during the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 11,010 shares of the technology company’s stock worth $143,000 after buying an additional 4,050 shares during the period. ETF Managers Group LLC boosted its position in VASCO Data Security International by 12.1% during the 1st quarter. ETF Managers Group LLC now owns 516,828 shares of the technology company’s stock worth $6,512,000 after buying an additional 55,829 shares during the period. Finally, A.R.T. Advisors LLC acquired a new stake in VASCO Data Security International during the 1st quarter worth approximately $261,000. Institutional investors and hedge funds own 55.12% of the company’s stock.

In other VASCO Data Security International news, Director T Kendall Hunt sold 16,846 shares of the firm’s stock in a transaction dated Friday, March 16th. The shares were sold at an average price of $13.70, for a total value of $230,790.20. Following the transaction, the director now directly owns 6,864,320 shares of the company’s stock, valued at approximately $94,041,184. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Over the last three months, insiders sold 144,302 shares of company stock worth $1,929,406. Insiders own 22.48% of the company’s stock.

VASCO Data Security International Company Profile

VASCO Data Security International, Inc, together with its subsidiaries, designs, develops, and markets digital solutions for identity, security, and business productivity worldwide. The company offers DIGIPASS software authenticators; DIGIPASS for Apps, a software development kit; DIGIPASS for Mobile, a mobile authenticator that operates as a discrete mobile application; IDENTIKEY Risk Manager, an anti-fraud solution; and application shielding with runtime application self-protection that neutralizes the threat of attacks on mobile apps.

Earnings History and Estimates for VASCO Data Security International (NASDAQ:VDSI)

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