Sapiens International (NASDAQ:SPNS) is scheduled to be releasing its earnings data before the market opens on Wednesday, November 7th. Analysts expect Sapiens International to post earnings of $0.13 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.
Sapiens International (NASDAQ:SPNS) last issued its quarterly earnings results on Tuesday, August 7th. The technology company reported $0.12 EPS for the quarter, topping the Zacks’ consensus estimate of $0.11 by $0.01. The business had revenue of $72.16 million for the quarter, compared to analyst estimates of $70.63 million. Sapiens International had a return on equity of 11.37% and a net margin of 3.83%. On average, analysts expect Sapiens International to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Shares of SPNS opened at $11.49 on Tuesday. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 0.34. Sapiens International has a 1 year low of $8.01 and a 1 year high of $14.46.
The company also recently announced a … dividend, which was paid on Tuesday, October 30th. Shareholders of record on Tuesday, October 16th were paid a $0.2337 dividend. The ex-dividend date of this dividend was Monday, October 15th. Sapiens International’s payout ratio is presently 74.07%.
Several analysts have issued reports on the company. Zacks Investment Research upgraded Sapiens International from a “hold” rating to a “buy” rating and set a $12.00 target price on the stock in a research note on Saturday, August 11th. William Blair restated a “market perform” rating on shares of Sapiens International in a research note on Tuesday, August 7th. Needham & Company LLC boosted their target price on Sapiens International from $13.00 to $14.00 and gave the company a “buy” rating in a research note on Wednesday, August 8th. ValuEngine upgraded Sapiens International from a “sell” rating to a “hold” rating in a research note on Friday, August 3rd. Finally, BidaskClub upgraded Sapiens International from a “hold” rating to a “buy” rating in a research note on Saturday, August 25th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $13.00.
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Sapiens International Company Profile
Sapiens International Corporation N.V. provides software solutions for the insurance and financial services industries in North America, Europe, the Asia Pacific, and South Africa. The company offers software platform and solutions for life, pension, and annuities, such as Sapiens ALIS, LifeSuite, Life Portraits, LifeApply, Sapiens INSIGHT, and Sapiens Closed Books; and personal, commercial and specialty lines, and workers' compensation comprising Sapiens IDIT, Adaptik Policy, Adaptik Billing, Stream Claim, Sapiens Stingray, PowerSuite, and CompSuite.
Further Reading: Why is the ex-dividend date different from the record date?
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