Equities analysts predict that Sapiens International Co. (NASDAQ:SPNS) will announce earnings of $0.17 per share for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for Sapiens International’s earnings. The lowest EPS estimate is $0.16 and the highest is $0.17. Sapiens International reported earnings per share of $0.13 in the same quarter last year, which suggests a positive year-over-year growth rate of 30.8%. The company is expected to report its next quarterly earnings report on Tuesday, August 6th.

On average, analysts expect that Sapiens International will report full-year earnings of $0.69 per share for the current fiscal year, with EPS estimates ranging from $0.68 to $0.69. For the next year, analysts expect that the company will report earnings of $0.81 per share. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that cover Sapiens International.

Sapiens International (NASDAQ:SPNS) last posted its quarterly earnings results on Monday, May 6th. The technology company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.02. Sapiens International had a return on equity of 14.01% and a net margin of 5.45%. The business had revenue of $76.79 million for the quarter, compared to analysts’ expectations of $75.69 million. During the same quarter in the prior year, the business earned $0.13 EPS. The firm’s revenue for the quarter was up 8.2% on a year-over-year basis.

SPNS has been the topic of a number of research reports. BidaskClub lowered Sapiens International from a “strong-buy” rating to a “buy” rating in a report on Monday, April 22nd. Zacks Investment Research raised Sapiens International from a “hold” rating to a “buy” rating and set a $15.00 target price on the stock in a report on Saturday, March 2nd. Finally, Barclays reissued a “hold” rating and set a $14.50 target price on shares of Sapiens International in a report on Wednesday, February 27th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $15.17.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Morgan Stanley grew its stake in Sapiens International by 72.0% in the first quarter. Morgan Stanley now owns 9,381 shares of the technology company’s stock valued at $144,000 after acquiring an additional 3,927 shares during the period. SEI Investments Co grew its stake in Sapiens International by 19.5% in the first quarter. SEI Investments Co now owns 28,982 shares of the technology company’s stock valued at $443,000 after acquiring an additional 4,728 shares during the period. Oxford Asset Management LLP grew its stake in Sapiens International by 25.8% in the first quarter. Oxford Asset Management LLP now owns 49,374 shares of the technology company’s stock valued at $754,000 after acquiring an additional 10,132 shares during the period. Altshuler Shaham Ltd grew its stake in Sapiens International by 1,194.8% in the first quarter. Altshuler Shaham Ltd now owns 289,555 shares of the technology company’s stock valued at $4,423,000 after acquiring an additional 267,192 shares during the period. Finally, Renaissance Technologies LLC grew its stake in Sapiens International by 19.9% in the first quarter. Renaissance Technologies LLC now owns 465,470 shares of the technology company’s stock valued at $7,112,000 after acquiring an additional 77,270 shares during the period. 0.03% of the stock is currently owned by institutional investors.

Shares of NASDAQ SPNS opened at $15.13 on Monday. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.42. Sapiens International has a one year low of $8.77 and a one year high of $16.10. The firm has a market capitalization of $753.16 million and a price-to-earnings ratio of 28.55.

About Sapiens International

Sapiens International Corporation N.V. provides software solutions for the insurance and financial services industries in North America, Europe, the Asia Pacific, and South Africa. The company offers software platform and solutions for personal, commercial, and specialty lines, as well as reinsurance and workers' compensation, including Sapiens CoreSuite and Sapiens IDITSuite; and life, pension, and annuities, such as Sapiens CoreSuite, Sapiens UnderwritingPro, Sapiens ApplicationPro, Sapiens IllustrationPro, and Sapiens ConsolidationMaster.

See Also: Technical Indicators – What is a Golden Cross?

Get a free copy of the Zacks research report on Sapiens International (SPNS)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Sapiens International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sapiens International and related companies with MarketBeat.com's FREE daily email newsletter.