Analysts forecast that Sapiens International Co. (NASDAQ:SPNS) will announce earnings of $0.12 per share for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for Sapiens International’s earnings, with estimates ranging from $0.11 to $0.12. Sapiens International reported earnings per share of $0.04 in the same quarter last year, which suggests a positive year-over-year growth rate of 200%. The business is scheduled to announce its next quarterly earnings results on Monday, August 6th.

On average, analysts expect that Sapiens International will report full year earnings of $0.50 per share for the current year, with EPS estimates ranging from $0.49 to $0.50. For the next fiscal year, analysts forecast that the company will report earnings of $0.59 per share, with EPS estimates ranging from $0.58 to $0.60. Zacks’ EPS averages are a mean average based on a survey of research firms that cover Sapiens International.

Sapiens International (NASDAQ:SPNS) last issued its quarterly earnings results on Monday, May 7th. The technology company reported $0.13 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.09 by $0.04. Sapiens International had a return on equity of 9.22% and a net margin of 1.90%. The firm had revenue of $71.09 million for the quarter, compared to analyst estimates of $67.68 million. During the same period in the previous year, the firm earned $0.02 earnings per share. The company’s revenue was up 25.8% compared to the same quarter last year.

A number of equities analysts recently commented on SPNS shares. Zacks Investment Research upgraded shares of Sapiens International from a “hold” rating to a “buy” rating and set a $11.00 target price for the company in a research note on Wednesday, May 9th. BidaskClub upgraded shares of Sapiens International from a “sell” rating to a “hold” rating in a research note on Tuesday, April 24th. Finally, William Blair downgraded shares of Sapiens International from an “outperform” rating to a “market perform” rating in a research note on Tuesday, May 8th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. Sapiens International has a consensus rating of “Hold” and a consensus price target of $12.50.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Clal Insurance Enterprises Holdings Ltd lifted its position in Sapiens International by 135.1% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 803,583 shares of the technology company’s stock valued at $6,855,000 after acquiring an additional 461,710 shares during the last quarter. UBS Group AG lifted its position in Sapiens International by 114.4% in the first quarter. UBS Group AG now owns 86,524 shares of the technology company’s stock valued at $739,000 after acquiring an additional 46,171 shares during the last quarter. Meitav Dash Investments Ltd. purchased a new stake in Sapiens International in the fourth quarter valued at $554,000. Jane Street Group LLC lifted its position in Sapiens International by 105.5% in the first quarter. Jane Street Group LLC now owns 31,988 shares of the technology company’s stock valued at $273,000 after acquiring an additional 16,420 shares during the last quarter. Finally, ARK Investment Management LLC purchased a new stake in Sapiens International in the fourth quarter valued at $213,000. 9.26% of the stock is owned by hedge funds and other institutional investors.

Sapiens International traded up $0.21, hitting $10.02, during trading on Monday, according to MarketBeat Ratings. The company’s stock had a trading volume of 6,307 shares, compared to its average volume of 14,326. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.46 and a current ratio of 1.46. The firm has a market cap of $488.33 million, a PE ratio of 37.11, a price-to-earnings-growth ratio of 4.22 and a beta of 1.23. Sapiens International has a twelve month low of $8.01 and a twelve month high of $14.30.

About Sapiens International

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 life, pension, and annuities, such as Sapiens ALIS, LifeSuite, Life Portraits, LifeApply, Sapiens INSIGHT, and Sapiens Closed Books; and personal, commercial and specialty lines, and workers' compensation comprising Sapiens IDIT, Adaptik Policy, Adaptik Billing, Stream Claim, Sapiens Stingray, PowerSuite, and CompSuite.

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