Sapiens International (SPNS) to Release Earnings on Tuesday

Sapiens International (NASDAQ:SPNS) will likely be posting its quarterly earnings results before the market opens on Tuesday, February 18th. Analysts expect Sapiens International to post earnings of $0.37 per share and revenue of $135.89 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Sapiens International Stock Down 1.7 %

SPNS stock opened at $26.39 on Friday. The company has a current ratio of 2.18, a quick ratio of 2.18 and a debt-to-equity ratio of 0.04. Sapiens International has a 1-year low of $25.01 and a 1-year high of $41.22. The firm has a market capitalization of $1.47 billion, a PE ratio of 20.78 and a beta of 1.16. The business’s 50 day simple moving average is $26.82 and its 200 day simple moving average is $31.77.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Jefferies Financial Group lowered Sapiens International from a “buy” rating to a “hold” rating and decreased their price target for the company from $36.00 to $28.00 in a research report on Monday, February 3rd. Needham & Company LLC decreased their price objective on Sapiens International from $44.00 to $35.00 and set a “buy” rating for the company in a research report on Tuesday, November 12th. William Blair restated a “market perform” rating on shares of Sapiens International in a research report on Friday, December 6th. StockNews.com lowered Sapiens International from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 19th. Finally, Barclays decreased their price objective on Sapiens International from $38.00 to $30.00 and set an “underweight” rating for the company in a research report on Tuesday, November 12th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $34.00.

Sapiens International Company Profile

Sapiens International Corporation N.V. provides software solutions for the insurance industry in North America, the United Kingdom, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company provides various solutions for property and casualty commercial and personal lines, life and pensions, and reinsurance fields.