Sapiens International Corporation N.V. (NASDAQ:SPNS) – Analysts at William Blair reduced their Q3 2017 earnings per share estimates for Sapiens International Corporation N.V. in a report released on Monday. William Blair analyst J. Furby now expects that the technology company will earn $0.10 per share for the quarter, down from their prior forecast of $0.11. William Blair has a “Outperform” rating on the stock. William Blair also issued estimates for Sapiens International Corporation N.V.’s Q4 2017 earnings at $0.15 EPS, Q1 2018 earnings at $0.11 EPS and Q2 2018 earnings at $0.11 EPS.

Several other brokerages have also weighed in on SPNS. ValuEngine lowered Sapiens International Corporation N.V. from a “hold” rating to a “sell” rating in a report on Tuesday, May 23rd. Needham & Company LLC cut their price objective on Sapiens International Corporation N.V. from $17.00 to $16.00 and set a “buy” rating for the company in a report on Friday, April 28th. Zacks Investment Research upgraded Sapiens International Corporation N.V. from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 19th. Finally, TheStreet lowered Sapiens International Corporation N.V. from a “b-” rating to a “c+” rating in a report on Friday, June 16th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Sapiens International Corporation N.V. has a consensus rating of “Buy” and an average price target of $16.00.

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Shares of Sapiens International Corporation N.V. (NASDAQ SPNS) opened at 11.31 on Thursday. The firm has a market cap of $554.72 million, a P/E ratio of 47.13 and a beta of 1.16. Sapiens International Corporation N.V. has a 12-month low of $10.86 and a 12-month high of $15.98. The firm has a 50-day moving average price of $11.46 and a 200-day moving average price of $12.71.

Sapiens International Corporation N.V. (NASDAQ:SPNS) last released its earnings results on Monday, August 7th. The technology company reported $0.03 EPS for the quarter, meeting analysts’ consensus estimates of $0.03. Sapiens International Corporation N.V. had a return on equity of 6.77% and a net margin of 1.39%. The company had revenue of $69.20 million during the quarter, compared to the consensus estimate of $66.93 million. During the same quarter last year, the company earned $0.13 earnings per share. Sapiens International Corporation N.V.’s quarterly revenue was up 30.6% compared to the same quarter last year.

Several hedge funds have recently made changes to their positions in SPNS. Denver Investment Advisors LLC raised its stake in shares of Sapiens International Corporation N.V. by 1.0% in the first quarter. Denver Investment Advisors LLC now owns 707,410 shares of the technology company’s stock valued at $9,111,000 after buying an additional 7,224 shares during the period. Renaissance Technologies LLC raised its stake in shares of Sapiens International Corporation N.V. by 17.7% in the first quarter. Renaissance Technologies LLC now owns 665,300 shares of the technology company’s stock valued at $8,569,000 after buying an additional 100,100 shares during the period. State Street Corp raised its stake in shares of Sapiens International Corporation N.V. by 9.0% in the fourth quarter. State Street Corp now owns 349,537 shares of the technology company’s stock valued at $5,011,000 after buying an additional 28,805 shares during the period. Clal Insurance Enterprises Holdings Ltd raised its stake in shares of Sapiens International Corporation N.V. by 39.1% in the second quarter. Clal Insurance Enterprises Holdings Ltd now owns 337,877 shares of the technology company’s stock valued at $3,781,000 after buying an additional 94,945 shares during the period. Finally, Goldman Sachs Group Inc. purchased a new stake in shares of Sapiens International Corporation N.V. during the first quarter valued at $2,136,000. Institutional investors and hedge funds own 13.20% of the company’s stock.

About Sapiens International Corporation N.V.

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.

Earnings History and Estimates for Sapiens International Corporation N.V. (NASDAQ:SPNS)

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