Sapiens International Co. (NASDAQ:SPNS) Given Consensus Rating of “Hold” by Analysts

Shares of Sapiens International Co. (NASDAQ:SPNS) have received a consensus rating of “Hold” from the five ratings firms that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $34.00.

Several equities analysts have recently weighed in on the stock. Barclays dropped their price objective on shares of Sapiens International from $38.00 to $30.00 and set an “underweight” rating on the stock in a report on Tuesday, November 12th. Needham & Company LLC reduced their price objective on Sapiens International from $44.00 to $35.00 and set a “buy” rating for the company in a research note on Tuesday, November 12th. StockNews.com downgraded Sapiens International from a “strong-buy” rating to a “buy” rating in a report on Tuesday, November 19th. William Blair reiterated a “market perform” rating on shares of Sapiens International in a report on Friday, December 6th. Finally, Jefferies Financial Group lowered shares of 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 note on Monday.

Sapiens International Stock Up 2.9 %

Shares of NASDAQ:SPNS opened at $27.36 on Monday. Sapiens International has a 1 year low of $25.01 and a 1 year high of $41.22. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.18 and a quick ratio of 2.18. The business’s 50-day moving average is $27.00 and its 200-day moving average is $32.63. The company has a market capitalization of $1.53 billion, a price-to-earnings ratio of 21.54 and a beta of 1.16.

Sapiens International (NASDAQ:SPNS) last posted its quarterly earnings results on Monday, November 11th. The technology company reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.01). The business had revenue of $137.00 million for the quarter, compared to the consensus estimate of $140.10 million. Sapiens International had a return on equity of 17.61% and a net margin of 13.23%. Sapiens International’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.32 earnings per share. Equities research analysts predict that Sapiens International will post 1.42 earnings per share for the current year.

Institutional Trading of Sapiens International

Institutional investors have recently made changes to their positions in the company. National Bank of Canada FI bought a new stake in Sapiens International during the third quarter worth $26,000. Blue Trust Inc. raised its stake in shares of Sapiens International by 171.2% during the 4th quarter. Blue Trust Inc. now owns 1,356 shares of the technology company’s stock worth $36,000 after purchasing an additional 856 shares during the period. Financial Management Professionals Inc. boosted its holdings in shares of Sapiens International by 57.9% in the 3rd quarter. Financial Management Professionals Inc. now owns 1,945 shares of the technology company’s stock worth $72,000 after buying an additional 713 shares during the last quarter. MQS Management LLC purchased a new position in shares of Sapiens International in the 3rd quarter worth about $230,000. Finally, HighTower Advisors LLC bought a new position in Sapiens International during the third quarter valued at about $231,000. Institutional investors own 30.73% of the company’s stock.

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.