Brokerages predict that Sapiens International Co. (NASDAQ:SPNS) will post $0.21 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for Sapiens International’s earnings. The lowest EPS estimate is $0.20 and the highest is $0.22. Sapiens International reported earnings per share of $0.16 during the same quarter last year, which would suggest a positive year-over-year growth rate of 31.3%. The business is scheduled to announce its next quarterly earnings results on Tuesday, February 25th.
On average, analysts expect that Sapiens International will report full-year earnings of $0.77 per share for the current financial year, with EPS estimates ranging from $0.76 to $0.79. For the next year, analysts expect that the business will report earnings of $0.89 per share, with EPS estimates ranging from $0.86 to $0.90. Zacks’ EPS averages are a mean average based on a survey of sell-side research firms that follow Sapiens International.
Sapiens International (NASDAQ:SPNS) last issued its quarterly earnings results on Monday, November 4th. The technology company reported $0.21 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.18 by $0.03. Sapiens International had a return on equity of 16.36% and a net margin of 7.42%. The firm had revenue of $82.64 million during the quarter, compared to the consensus estimate of $81.68 million. During the same quarter last year, the company posted $0.15 EPS. The company’s revenue for the quarter was up 12.8% on a year-over-year basis.
SPNS stock opened at $22.69 on Thursday. The company’s 50 day moving average is $21.79 and its 200 day moving average is $18.40. The stock has a market cap of $1.13 billion, a price-to-earnings ratio of 32.71, a price-to-earnings-growth ratio of 3.04 and a beta of 1.03. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.49. Sapiens International has a 1-year low of $10.11 and a 1-year high of $23.70.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. C M Bidwell & Associates Ltd. bought a new stake in Sapiens International during the second quarter worth about $50,000. Advisor Group Inc. raised its holdings in shares of Sapiens International by 492.9% during the 2nd quarter. Advisor Group Inc. now owns 4,150 shares of the technology company’s stock valued at $69,000 after buying an additional 3,450 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of Sapiens International by 418.5% during the 2nd quarter. Wells Fargo & Company MN now owns 10,012 shares of the technology company’s stock valued at $167,000 after buying an additional 8,081 shares in the last quarter. Opus Capital Group LLC bought a new stake in Sapiens International in the 3rd quarter worth approximately $210,000. Finally, State of Tennessee Treasury Department lifted its position in Sapiens International by 41.0% in the 3rd quarter. State of Tennessee Treasury Department now owns 12,879 shares of the technology company’s stock worth $253,000 after buying an additional 3,744 shares during the last quarter. Institutional investors and hedge funds own 15.99% of the company’s stock.
Sapiens International Company Profile
Sapiens International Corporation N.V. provides software solutions for the insurance and financial services industries in North America, Europe, the Asia Pacific, and South Africa. The company offers software platform and solutions for personal, commercial, and specialty lines, as well as reinsurance and workers' compensation, including Sapiens CoreSuite and Sapiens IDITSuite; and life, pension, and annuities, such as Sapiens CoreSuite, Sapiens UnderwritingPro, Sapiens ApplicationPro, Sapiens IllustrationPro, and Sapiens ConsolidationMaster.
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