Sapiens International Co. (NASDAQ:SPNS) Receives Consensus Rating of "Hold" from Analysts

Sapiens International Co. (NASDAQ:SPNS - Get Free Report) has been assigned a consensus rating of "Hold" from the five brokerages that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $33.50.

Several brokerages recently issued reports on SPNS. Barclays decreased their price target on shares of Sapiens International from $30.00 to $28.00 and set an "underweight" rating on the stock in a report on Wednesday, February 19th. Jefferies Financial Group cut Sapiens International from a "buy" rating to a "hold" rating and dropped their price target for the company from $36.00 to $28.00 in a research note on Monday, February 3rd. William Blair restated a "market perform" rating on shares of Sapiens International in a research report on Friday, December 6th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $35.00 target price on shares of Sapiens International in a research report on Wednesday, February 19th.

Sapiens International Price Performance

Shares of Sapiens International stock traded down $0.17 on Tuesday, reaching $27.29. 88,253 shares of the stock were exchanged, compared to its average volume of 149,775. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.18 and a current ratio of 2.24. The firm has a market cap of $1.53 billion, a PE ratio of 21.16 and a beta of 1.16. The firm's 50 day moving average is $27.07 and its 200-day moving average is $30.20. Sapiens International has a one year low of $25.01 and a one year high of $41.22.

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Sapiens International (NASDAQ:SPNS - Get Free Report) last issued its earnings results on Tuesday, February 18th. The technology company reported $0.36 earnings per share for the quarter, missing analysts' consensus estimates of $0.37 by ($0.01). Sapiens International had a net margin of 13.31% and a return on equity of 17.42%. The business had revenue of $134.31 million during the quarter, compared to analyst estimates of $135.89 million. As a group, analysts anticipate that Sapiens International will post 1.42 EPS for the current fiscal year.

Institutional Investors Weigh In On Sapiens International

A number of institutional investors have recently made changes to their positions in the stock. Franklin Resources Inc. lifted its stake in shares of Sapiens International by 7.7% in the third quarter. Franklin Resources Inc. now owns 19,540 shares of the technology company's stock worth $700,000 after acquiring an additional 1,391 shares during the period. Barclays PLC lifted its position in shares of Sapiens International by 415.1% in the 3rd quarter. Barclays PLC now owns 54,640 shares of the technology company's stock worth $2,036,000 after purchasing an additional 44,033 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Sapiens International by 22.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 177,878 shares of the technology company's stock valued at $6,630,000 after purchasing an additional 32,780 shares during the last quarter. Morgan Dempsey Capital Management LLC increased its position in shares of Sapiens International by 8.8% during the fourth quarter. Morgan Dempsey Capital Management LLC now owns 6,635 shares of the technology company's stock worth $178,000 after buying an additional 539 shares during the period. Finally, HighTower Advisors LLC bought a new position in Sapiens International during the third quarter worth $231,000. Institutional investors own 30.73% of the company's stock.

Sapiens International Company Profile

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.