Vasco Data Security International Inc. (NASDAQ:VDSI) was downgraded by equities researchers at Dougherty & Co from a “buy” rating to a “neutral” rating in a note issued to investors on Wednesday.

Other research analysts also recently issued research reports about the company. Sidoti assumed coverage on Vasco Data Security International in a research note on Thursday, June 23rd. They issued a “buy” rating and a $24.00 target price on the stock. Zacks Investment Research downgraded Vasco Data Security International from a “hold” rating to a “sell” rating in a research note on Tuesday, August 2nd.

Shares of Vasco Data Security International (NASDAQ:VDSI) opened at 17.94 on Wednesday. The firm’s 50-day moving average price is $18.28 and its 200 day moving average price is $17.21. The stock has a market capitalization of $712.38 million, a P/E ratio of 36.10 and a beta of 2.46. Vasco Data Security International has a 12-month low of $12.35 and a 12-month high of $21.35.

Vasco Data Security International (NASDAQ:VDSI) last issued its quarterly earnings results on Thursday, July 28th. The company reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates of $0.08 by $0.07. Vasco Data Security International had a return on equity of 13.08% and a net margin of 9.29%. The business had revenue of $54.30 million for the quarter, compared to the consensus estimate of $52.30 million. During the same quarter in the previous year, the company posted $0.40 earnings per share. Vasco Data Security International’s revenue for the quarter was down 17.0% compared to the same quarter last year. Analysts predict that Vasco Data Security International will post $0.26 EPS for the current fiscal year.

Hedge funds have recently added to or reduced their stakes in the company. Arizona State Retirement System increased its stake in Vasco Data Security International by 0.7% in the second quarter. Arizona State Retirement System now owns 15,474 shares of the company’s stock valued at $254,000 after buying an additional 100 shares during the period. Thrivent Financial for Lutherans boosted its position in Vasco Data Security International by 3.5% in the second quarter. Thrivent Financial for Lutherans now owns 14,150 shares of the company’s stock valued at $232,000 after buying an additional 480 shares in the last quarter. BlackRock Advisors LLC boosted its position in Vasco Data Security International by 4.2% in the second quarter. BlackRock Advisors LLC now owns 14,405 shares of the company’s stock valued at $236,000 after buying an additional 583 shares in the last quarter. Clinton Group Inc. boosted its position in Vasco Data Security International by 7.0% in the second quarter. Clinton Group Inc. now owns 12,329 shares of the company’s stock valued at $202,000 after buying an additional 805 shares in the last quarter. Finally, Creative Planning boosted its position in Vasco Data Security International by 5.6% in the second quarter. Creative Planning now owns 17,660 shares of the company’s stock valued at $289,000 after buying an additional 940 shares in the last quarter. Institutional investors own 51.08% of the company’s stock.

Vasco Data Security International Company Profile

VASCO Data Security International, Inc (VASCO) is an information technology (IT) security company that designs, develops and markets security solutions that secure and manage access to digital assets, protect and facilitate transactions online, via mobile devices, and in-person. The Company’s primary product and service lines include Host System products, which are typically a component of an organization’s IT infrastructure and Client Authenticators, which are devices used by end users for authentication.

5 Day Chart for NASDAQ:VDSI

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