$0.14 Earnings Per Share Expected for Sapiens International Co. (SPNS) This Quarter
Equities analysts expect Sapiens International Co. (NASDAQ:SPNS) to report earnings of $0.14 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Sapiens International’s earnings. The highest EPS estimate is $0.15 and the lowest is $0.14. Sapiens International reported earnings of $0.12 per share during the same quarter last year, which indicates a positive year over year growth rate of 16.7%. The firm is scheduled to report its next quarterly earnings results on Tuesday, February 27th.
According to Zacks, analysts expect that Sapiens International will report full-year earnings of $0.33 per share for the current fiscal year, with EPS estimates ranging from $0.33 to $0.34. For the next year, analysts expect that the firm will post earnings of $0.60 per share, with EPS estimates ranging from $0.54 to $0.65. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research firms that that provide coverage for Sapiens International.
Sapiens International (NASDAQ:SPNS) last posted its quarterly earnings results on Thursday, November 9th. The technology company reported $0.12 EPS for the quarter, topping the Zacks’ consensus estimate of $0.11 by $0.01. Sapiens International had a return on equity of 6.84% and a net margin of 0.38%.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. BlueCrest Capital Management Ltd purchased a new position in Sapiens International in the 2nd quarter worth approximately $178,000. Jane Street Group LLC lifted its holdings in Sapiens International by 58.5% in the 3rd quarter. Jane Street Group LLC now owns 25,690 shares of the technology company’s stock worth $339,000 after purchasing an additional 9,485 shares in the last quarter. Menora Mivtachim Holdings LTD. purchased a new position in Sapiens International in the 3rd quarter worth approximately $402,000. Dimensional Fund Advisors LP bought a new stake in Sapiens International in the 2nd quarter worth approximately $358,000. Finally, Susquehanna International Group LLP bought a new stake in Sapiens International in the 2nd quarter worth approximately $422,000. 9.17% of the stock is currently owned by institutional investors.
Sapiens International (SPNS) traded up $0.09 during midday trading on Monday, reaching $11.97. The company had a trading volume of 188,500 shares, compared to its average volume of 55,345. The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 0.39. Sapiens International has a one year low of $10.57 and a one year high of $15.46. The stock has a market cap of $584.68, a PE ratio of 598.80, a PEG ratio of 4.57 and a beta of 1.14.
ILLEGAL ACTIVITY WARNING: This piece of content was posted by Watch List News and is owned by of Watch List News. If you are reading this piece of content on another site, it was illegally stolen and republished in violation of United States & international copyright and trademark laws. The legal version of this piece of content can be read at https://www.watchlistnews.com/0-14-earnings-per-share-expected-for-sapiens-international-co-spns-this-quarter/1812390.html.
About Sapiens International
Sapiens International Corporation N.V. (Sapiens) is a provider of software solutions for the insurance industry, with a focus on the financial services sector. The Company operates in provider of software solutions segment. Its software solutions portfolio consists of Life, Pension, Annuity and Retirement Solutions, including software solutions for the management of a range of products for life, pension, annuity and retirement; Property and Casualty/General Insurance Solutions, including a software suite of solutions, supporting a range of business lines, including personal, commercial and specialty lines, as well as a solution for the management of reinsurance contracts; Sapiens DECISION, which is a business decision management solution, and Technology-Based Solutions, such as Sapiens eMerge.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Sapiens International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sapiens International and related companies with MarketBeat.com's FREE daily email newsletter.