Sapiens International (SPNS) to Release Earnings on Tuesday

Sapiens International (NASDAQ:SPNS - Get Free Report) will likely be issuing its quarterly earnings data before the market opens on Tuesday, February 18th. Analysts expect the company to announce earnings of $0.37 per share and revenue of $135.89 million for the quarter. Parties interested in listening to the company's conference call can do so using this link.

Sapiens International (NASDAQ:SPNS - Get Free Report) last announced its quarterly earnings data on Monday, November 11th. The technology company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.01). The business had revenue of $137.00 million during the quarter, compared to analyst estimates of $140.10 million. Sapiens International had a net margin of 13.23% and a return on equity of 17.61%. The company's quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.32 earnings per share. 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 Trading Down 1.7 %

SPNS traded down $0.46 during mid-day trading on Friday, hitting $26.39. The stock had a trading volume of 114,241 shares, compared to its average volume of 217,048. The stock's fifty day simple moving average is $26.82 and its 200-day simple moving average is $31.82. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.18 and a quick ratio of 2.18. The firm has a market capitalization of $1.47 billion, a price-to-earnings ratio of 20.78 and a beta of 1.16. Sapiens International has a 1-year low of $25.01 and a 1-year high of $41.22.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. Needham & Company LLC cut their target price on shares of 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 lowered shares of Sapiens International from a "strong-buy" rating to a "buy" rating in a report on Tuesday, November 19th. William Blair reiterated a "market perform" rating on shares of Sapiens International in a report on Friday, December 6th. Barclays cut their target price on shares of Sapiens International from $38.00 to $30.00 and set an "underweight" rating on the stock in a report on Tuesday, November 12th. Finally, Jefferies Financial Group lowered shares of Sapiens International from a "buy" rating to a "hold" rating and dropped their price objective for the stock from $36.00 to $28.00 in a report on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Sapiens International has an average rating of "Hold" and a consensus target price of $34.00.

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.