Sapiens International (SPNS) Projected to Post 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. Parties that are interested in registering for the company’s conference call can do so using this link.

Sapiens International (NASDAQ:SPNS) last released its earnings results on Monday, November 11th. The technology company reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.01). Sapiens International had a return on equity of 17.61% and a net margin of 13.23%. The firm had revenue of $137.00 million for the quarter, compared to analysts’ expectations of $140.10 million. During the same quarter in the previous year, the company posted $0.32 earnings per share. The firm’s quarterly revenue was up 4.8% on a year-over-year basis. 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 Sapiens International stock opened at $26.61 on Tuesday. Sapiens International has a 52-week low of $25.01 and a 52-week high of $41.22. The company has a 50 day moving average of $26.94 and a 200 day moving average of $32.08. The company has a quick ratio of 2.18, a current ratio of 2.18 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $1.49 billion, a P/E ratio of 20.95 and a beta of 1.16.

Analysts Set New Price Targets

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