Sapiens International (SPNS) Scheduled to Post Earnings on Tuesday

Sapiens International (NASDAQ:SPNSGet Free Report) is set to release its earnings data before the market opens on Tuesday, February 20th. Analysts expect Sapiens International to post earnings of $0.33 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Sapiens International Stock Up 0.2 %

Shares of SPNS opened at $28.41 on Tuesday. The firm has a market cap of $1.57 billion, a P/E ratio of 26.80 and a beta of 1.16. The stock has a 50 day simple moving average of $27.67 and a two-hundred day simple moving average of $27.75. Sapiens International has a 1 year low of $18.86 and a 1 year high of $30.81. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.08 and a quick ratio of 2.08.

Institutional Trading of Sapiens International

Large investors have recently made changes to their positions in the business. Franklin Resources Inc. lifted its position in shares of Sapiens International by 2.5% during the fourth quarter. Franklin Resources Inc. now owns 15,671 shares of the technology company’s stock worth $454,000 after purchasing an additional 384 shares during the last quarter. Invesco Ltd. increased its stake in shares of Sapiens International by 2.7% in the third quarter. Invesco Ltd. now owns 17,026 shares of the technology company’s stock worth $484,000 after acquiring an additional 445 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of Sapiens International by 0.6% in the first quarter. Bank of New York Mellon Corp now owns 80,168 shares of the technology company’s stock worth $2,036,000 after buying an additional 485 shares during the last quarter. American International Group Inc. increased its holdings in shares of Sapiens International by 4.0% during the 4th quarter. American International Group Inc. now owns 15,168 shares of the technology company’s stock valued at $280,000 after purchasing an additional 578 shares in the last quarter. Finally, Rhumbline Advisers boosted its stake in shares of Sapiens International by 2.7% during the 1st quarter. Rhumbline Advisers now owns 29,814 shares of the technology company’s stock worth $757,000 after acquiring an additional 796 shares in the last quarter. 27.24% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Sapiens International from a “buy” rating to a “strong-buy” rating in a report on Wednesday, November 22nd. One investment analyst has rated the stock with a sell rating, two have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $32.33.

View Our Latest Analysis on Sapiens International

Sapiens International Company Profile

(Get Free Report)

Sapiens International Corporation N.V. provides software solutions for the insurance and financial services industries in North America, the European Union, the United Kingdom, Israel, and internationally. It offers Sapiens CoreSuite and Sapiens IDITSuite for personal, commercial, and specialty lines; and Sapiens CoreSuite, Sapiens UnderwritingPro, Sapiens ApplicationPro, Sapiens IllustrationPro, and Sapiens ConsolidationMaster for life, pension, and annuities.

Further Reading

Earnings History for Sapiens International (NASDAQ:SPNS)

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