Brokerages predict that Sapiens International Corporation N.V. (NASDAQ:SPNS) will report $0.03 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Sapiens International Corporation N.V.’s earnings. The highest EPS estimate is $0.03 and the lowest is $0.02. Sapiens International Corporation N.V. posted earnings per share of $0.12 in the same quarter last year, which would suggest a negative year over year growth rate of 75%. The business is expected to announce its next earnings report on Thursday, August 3rd.

On average, analysts expect that Sapiens International Corporation N.V. will report full-year earnings of $0.30 per share for the current year. For the next fiscal year, analysts anticipate that the company will post earnings of $0.51 per share. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow Sapiens International Corporation N.V..

Sapiens International Corporation N.V. (NASDAQ:SPNS) last posted its quarterly earnings data on Monday, May 15th. The technology company reported $0.02 EPS for the quarter, missing the Zacks’ consensus estimate of $0.08 by $0.06. The company had revenue of $56.50 million during the quarter, compared to analyst estimates of $56.84 million. Sapiens International Corporation N.V. had a return on equity of 9.11% and a net margin of 5.48%. Sapiens International Corporation N.V.’s revenue was up 13.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.12 earnings per share.

Several brokerages recently weighed in on SPNS. ValuEngine cut Sapiens International Corporation N.V. from a “hold” rating to a “sell” rating in a report on Tuesday, May 23rd. TheStreet cut Sapiens International Corporation N.V. from a “b-” rating to a “c+” rating in a report on Friday, June 16th. Needham & Company LLC dropped their target price on Sapiens International Corporation N.V. from $17.00 to $16.00 and set a “buy” rating for the company in a report on Friday, April 28th. Finally, William Blair restated an “outperform” rating on shares of Sapiens International Corporation N.V. in a report on Monday, May 15th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $15.50.

Sapiens International Corporation N.V. (NASDAQ:SPNS) traded up 1.61% during trading on Wednesday, hitting $11.38. The company had a trading volume of 100,559 shares. Sapiens International Corporation N.V. has a 1-year low of $10.89 and a 1-year high of $15.98. The stock has a market capitalization of $558.15 million, a price-to-earnings ratio of 47.42 and a beta of 1.15. The company’s 50 day moving average price is $12.21 and its 200-day moving average price is $13.29.

Large investors have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp boosted its stake in Sapiens International Corporation N.V. by 0.7% in the first quarter. Bank of New York Mellon Corp now owns 60,016 shares of the technology company’s stock valued at $773,000 after buying an additional 402 shares during the period. American International Group Inc. boosted its stake in Sapiens International Corporation N.V. by 7.1% in the first quarter. American International Group Inc. now owns 14,962 shares of the technology company’s stock valued at $193,000 after buying an additional 997 shares during the period. Cadence Capital Management LLC boosted its stake in Sapiens International Corporation N.V. by 4.4% in the first quarter. Cadence Capital Management LLC now owns 76,453 shares of the technology company’s stock valued at $985,000 after buying an additional 3,194 shares during the period. Martingale Asset Management L P boosted its stake in Sapiens International Corporation N.V. by 10.0% in the first quarter. Martingale Asset Management L P now owns 70,535 shares of the technology company’s stock valued at $909,000 after buying an additional 6,395 shares during the period. Finally, Denver Investment Advisors LLC boosted its stake in Sapiens International Corporation N.V. by 1.0% in the first quarter. Denver Investment Advisors LLC now owns 707,410 shares of the technology company’s stock valued at $9,111,000 after buying an additional 7,224 shares during the period. Institutional investors and hedge funds own 13.41% of the company’s stock.

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Sapiens International Corporation N.V. Company Profile

Sapiens International Corporation N.V. (Sapiens) is a provider of software solutions for the insurance industry, with a focus on the financial services sector. The Company operates in provider of software solutions segment. Its software solutions portfolio consists of Life, Pension, Annuity and Retirement Solutions, including software solutions for the management of a range of products for life, pension, annuity and retirement; Property and Casualty/General Insurance Solutions, including a software suite of solutions, supporting a range of business lines, including personal, commercial and specialty lines, as well as a solution for the management of reinsurance contracts; Sapiens DECISION, which is a business decision management solution, and Technology-Based Solutions, such as Sapiens eMerge.

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Earnings History and Estimates for Sapiens International Corporation N.V. (NASDAQ:SPNS)

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