Sapiens International (NASDAQ:SPNS – Get Free Report) released its quarterly earnings data on Tuesday. The technology company reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.37 by ($0.01), Zacks reports. Sapiens International had a return on equity of 17.62% and a net margin of 13.31%. The business had revenue of $134.31 million for the quarter, compared to analyst estimates of $135.89 million. Sapiens International updated its FY 2025 guidance to EPS.
Sapiens International Stock Up 2.6 %
Sapiens International stock opened at $28.34 on Thursday. Sapiens International has a 52 week low of $25.01 and a 52 week high of $41.22. The stock has a market cap of $1.58 billion, a price-to-earnings ratio of 21.97 and a beta of 1.16. The company’s 50-day moving average price is $26.77 and its two-hundred day moving average price is $31.57. The company has a current ratio of 2.18, a quick ratio of 2.18 and a debt-to-equity ratio of 0.04.
Wall Street Analysts Forecast Growth
A number of brokerages have recently weighed in on SPNS. Needham & Company LLC reiterated a “buy” rating and set a $35.00 price target on shares of Sapiens International in a research report on Wednesday. Barclays dropped their target price on Sapiens International from $30.00 to $28.00 and set an “underweight” rating on the stock in a research report on Wednesday. William Blair restated a “market perform” rating on shares of Sapiens International in a research report on Friday, December 6th. Jefferies Financial Group downgraded shares of Sapiens International from a “buy” rating to a “hold” rating and cut their price objective for the company from $36.00 to $28.00 in a research report on Monday, February 3rd. Finally, StockNews.com cut shares of Sapiens International from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 19th. One investment 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’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $33.50.
About Sapiens International
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.
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