Shares of Sapiens International Co. (NASDAQ:SPNS - Get Free Report) have earned an average rating of "Hold" from the five research firms that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $33.50.
A number of analysts have recently weighed in on SPNS shares. William Blair reissued a "market perform" rating on shares of Sapiens International in a research report on Friday, December 6th. Barclays dropped their price target on Sapiens International from $30.00 to $28.00 and set an "underweight" rating on the stock in a research note on Wednesday, February 19th. Jefferies Financial Group cut shares of Sapiens International from a "buy" rating to a "hold" rating and lowered their target price for the stock from $36.00 to $28.00 in a research note on Monday, February 3rd. Needham & Company LLC restated a "buy" rating and set a $35.00 price target on shares of Sapiens International in a research note on Wednesday, February 19th. Finally, StockNews.com downgraded shares of Sapiens International from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, November 19th.
Check Out Our Latest Research Report on Sapiens International
Institutional Trading of Sapiens International
Several institutional investors and hedge funds have recently bought and sold shares of the business. Morgan Dempsey Capital Management LLC increased its stake in shares of Sapiens International by 8.8% in the fourth quarter. Morgan Dempsey Capital Management LLC now owns 6,635 shares of the technology company's stock worth $178,000 after acquiring an additional 539 shares during the period. Principal Financial Group Inc. grew its holdings in Sapiens International by 6.5% during the fourth quarter. Principal Financial Group Inc. now owns 10,400 shares of the technology company's stock worth $279,000 after acquiring an additional 633 shares during the period. National Bank of Canada FI acquired a new stake in shares of Sapiens International during the 3rd quarter worth approximately $26,000. Blue Trust Inc. increased its holdings in shares of Sapiens International by 171.2% during the 4th quarter. Blue Trust Inc. now owns 1,356 shares of the technology company's stock valued at $36,000 after purchasing an additional 856 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Sapiens International by 1.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 74,096 shares of the technology company's stock valued at $1,991,000 after purchasing an additional 874 shares during the period. 30.73% of the stock is currently owned by institutional investors and hedge funds.
Sapiens International Stock Down 1.5 %
SPNS stock traded down $0.40 during trading on Friday, reaching $27.18. 154,445 shares of the company traded hands, compared to its average volume of 206,033. The business has a 50 day simple moving average of $26.73 and a 200 day simple moving average of $31.21. Sapiens International has a 12 month low of $25.01 and a 12 month high of $41.22. 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 company has a market capitalization of $1.52 billion, a price-to-earnings ratio of 21.07 and a beta of 1.16.
Sapiens International (NASDAQ:SPNS - Get Free Report) last posted its quarterly earnings data on Tuesday, February 18th. The technology company reported $0.36 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.01). The firm had revenue of $134.31 million for the quarter, compared to the consensus estimate of $135.89 million. Sapiens International had a return on equity of 17.42% and a net margin of 13.31%. On average, equities research analysts anticipate that Sapiens International will post 1.42 earnings per share for the current fiscal year.
About Sapiens International
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Get Free ReportSapiens 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.
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