Brokerages Anticipate Sapiens International Co. (SPNS) Will Post Earnings of $0.10 Per Share

Analysts expect Sapiens International Co. (NASDAQ:SPNS) to announce earnings per share (EPS) of $0.10 for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Sapiens International’s earnings. Sapiens International posted earnings per share of $0.02 during the same quarter last year, which would indicate a positive year over year growth rate of 400%. The firm is expected to report its next quarterly earnings report on Monday, May 21st.

On average, analysts expect that Sapiens International will report full year earnings of $0.48 per share for the current fiscal year, with EPS estimates ranging from $0.46 to $0.50. For the next fiscal year, analysts forecast that the firm will report earnings of $0.60 per share. Zacks’ EPS averages are a mean average based on a survey of sell-side research firms that cover Sapiens International.

Sapiens International (NASDAQ:SPNS) last released its quarterly earnings results on Thursday, March 8th. The technology company reported $0.11 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.11. Sapiens International had a net margin of 0.13% and a return on equity of 6.81%. The firm had revenue of $72.40 million for the quarter, compared to the consensus estimate of $72.09 million. During the same quarter in the previous year, the firm posted $0.12 EPS. The firm’s quarterly revenue was up 26.8% on a year-over-year basis.



Several research firms recently issued reports on SPNS. BidaskClub downgraded shares of Sapiens International from a “hold” rating to a “sell” rating in a research note on Saturday, March 17th. William Blair reaffirmed an “outperform” rating on shares of Sapiens International in a research note on Thursday, March 8th. Barclays downgraded shares of Sapiens International from an “overweight” rating to an “equal weight” rating in a research note on Friday, February 16th. Finally, Zacks Investment Research downgraded shares of Sapiens International from a “hold” rating to a “sell” rating in a research note on Thursday, February 15th. Two analysts have rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $15.00.

Sapiens International stock opened at $8.66 on Tuesday. Sapiens International has a 12-month low of $8.01 and a 12-month high of $14.30. The firm has a market cap of $423.62, a P/E ratio of 32.07, a PEG ratio of 3.91 and a beta of 1.21. The company has a current ratio of 1.88, a quick ratio of 2.03 and a debt-to-equity ratio of 0.39.

Hedge funds have recently made changes to their positions in the business. Kingfisher Capital LLC acquired a new position in Sapiens International during the 4th quarter worth $118,000. ARK Investment Management LLC acquired a new position in Sapiens International during the 4th quarter worth $213,000. Jane Street Group LLC grew its holdings in Sapiens International by 58.5% during the 3rd quarter. Jane Street Group LLC now owns 25,690 shares of the technology company’s stock worth $339,000 after acquiring an additional 9,485 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Sapiens International by 23.2% during the 3rd quarter. Dimensional Fund Advisors LP now owns 39,359 shares of the technology company’s stock worth $520,000 after acquiring an additional 7,400 shares in the last quarter. Finally, Meitav Dash Investments Ltd. acquired a new position in Sapiens International during the 4th quarter worth $554,000. 8.67% of the stock is owned by institutional investors.

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Sapiens International Company Profile

Sapiens International Corporation N.V. provides software solutions for the insurance and financial services industries in North America, the United Kingdom, other European countries, Israel, and the Asia Pacific. It offers various solutions for life, pension, and annuity providers, including Sapiens ALIS, Sapiens Closed Books, Life Portraits, LifeApply, and LifeSuite.

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