Somewhat Favorable News Coverage Extremely Likely to Impact Sapiens International Corporation N.V. (SPNS) Share Price
Press coverage about Sapiens International Corporation N.V. (NASDAQ:SPNS) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Sapiens International Corporation N.V. earned a coverage optimism score of 0.24 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 100 out of 100, indicating that recent news coverage is extremely likely to have an impact on the company’s share price in the next several days.
Shares of Sapiens International Corporation N.V. (NASDAQ:SPNS) traded down 0.18% during midday trading on Monday, hitting $11.39. The stock had a trading volume of 7,287 shares. The stock’s 50 day moving average price is $12.21 and its 200 day moving average price is $13.29. The firm has a market cap of $558.65 million, a price-to-earnings ratio of 47.46 and a beta of 1.16. Sapiens International Corporation N.V. has a 12 month low of $10.89 and a 12 month high of $15.98.
Sapiens International Corporation N.V. (NASDAQ:SPNS) last issued its earnings results on Monday, May 15th. The technology company reported $0.02 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.08 by $0.06. The firm had revenue of $56.50 million for the quarter, compared to the consensus estimate of $56.84 million. Sapiens International Corporation N.V. had a net margin of 5.48% and a return on equity of 9.11%. The company’s revenue for the quarter was up 13.9% on a year-over-year basis. During the same period last year, the firm earned $0.12 earnings per share. On average, equities analysts forecast that Sapiens International Corporation N.V. will post $0.36 EPS for the current fiscal year.
A number of equities analysts have issued reports on SPNS shares. Needham & Company LLC cut their price objective on shares of Sapiens International Corporation N.V. from $17.00 to $16.00 and set a “buy” rating on the stock in a report on Friday, April 28th. William Blair restated an “outperform” rating on shares of Sapiens International Corporation N.V. in a research note on Monday, May 15th. ValuEngine cut Sapiens International Corporation N.V. from a “hold” rating to a “sell” rating in a research note on Tuesday, May 23rd. Finally, TheStreet cut Sapiens International Corporation N.V. from a “b-” rating to a “c+” rating in a research note on Friday, June 16th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $15.50.
Sapiens International Corporation N.V. Company Profile
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.
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