Sapiens International (SPNS) Set to Announce Earnings on Monday

Sapiens International (NASDAQ:SPNS - Get Free Report) will be releasing its earnings data before the market opens on Monday, November 11th. Analysts expect Sapiens International to post earnings of $0.36 per share for the quarter. Investors interested in registering for the company's conference call can do so using this link.

Sapiens International (NASDAQ:SPNS - Get Free Report) last announced its earnings results on Thursday, August 1st. The technology company reported $0.37 EPS for the quarter, topping analysts' consensus estimates of $0.36 by $0.01. Sapiens International had a net margin of 12.92% and a return on equity of 17.60%. The business had revenue of $136.80 million during the quarter, compared to the consensus estimate of $137.78 million. During the same period in the previous year, the company posted $0.31 earnings per share. The firm's revenue was up 6.6% on a year-over-year basis. On average, analysts expect Sapiens International to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Sapiens International Stock Up 0.6 %

Shares of Sapiens International stock traded up $0.24 on Monday, reaching $37.25. The stock had a trading volume of 98,896 shares, compared to its average volume of 123,502. The company has a quick ratio of 2.16, a current ratio of 2.16 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $2.08 billion, a P/E ratio of 30.88 and a beta of 1.25. The company has a 50 day moving average price of $36.26 and a 200 day moving average price of $35.18. Sapiens International has a 1 year low of $24.39 and a 1 year high of $41.22.

Sapiens International Increases Dividend

The company also recently declared a Semi-Annual dividend, which was paid on Thursday, September 12th. Shareholders of record on Wednesday, August 28th were issued a $0.29 dividend. This is a positive change from Sapiens International's previous Semi-Annual dividend of $0.28. This represents a yield of 1.6%. The ex-dividend date of this dividend was Wednesday, August 28th. Sapiens International's payout ratio is currently 47.54%.

Analyst Ratings Changes

A number of research firms have recently weighed in on SPNS. Needham & Company LLC raised their price objective on Sapiens International from $38.00 to $44.00 and gave the stock a "buy" rating in a research report on Friday, August 2nd. StockNews.com lowered Sapiens International from a "strong-buy" rating to a "buy" rating in a research note on Thursday, September 26th. Barclays lifted their target price on shares of Sapiens International from $30.00 to $38.00 and gave the stock an "underweight" rating in a research note on Friday, August 2nd. Finally, The Goldman Sachs Group raised their price target on shares of Sapiens International from $38.00 to $43.00 and gave the stock a "buy" rating in a report on Friday, August 2nd.

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.