Research Analysts’ Weekly Ratings Updates for Sapiens International (SPNS)

Several analysts have recently updated their ratings and price targets for Sapiens International (NASDAQ: SPNS):

  • 6/12/2018 – Sapiens International was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 6/5/2018 – Sapiens International was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 6/2/2018 – Sapiens International was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 5/26/2018 – Sapiens International was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 5/9/2018 – Sapiens International was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $11.00 price target on the stock. According to Zacks, “SAPIENS INTL NV is a leading global provider of proven IT solutions that modernize business processes and enable insurance organizations and other leading companies to adapt quickly to change. Serving as consultants and advisors, Sapiens works with companies to analyze their current systems and develop a blueprint for aligning technology with business goals. The company focuses on delivering innovative solutions that allow companies to build on existing IT assets. “
  • 5/8/2018 – Sapiens International was downgraded by analysts at William Blair from an “outperform” rating to a “market perform” rating.
  • 5/8/2018 – Sapiens International was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “SAPIENS INTL NV is a leading global provider of proven IT solutions that modernize business processes and enable insurance organizations and other leading companies to adapt quickly to change. Serving as consultants and advisors, Sapiens works with companies to analyze their current systems and develop a blueprint for aligning technology with business goals. The company focuses on delivering innovative solutions that allow companies to build on existing IT assets. “
  • 5/4/2018 – Sapiens International was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 4/26/2018 – Sapiens International was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $10.00 price target on the stock. According to Zacks, “SAPIENS INTL NV is a leading global provider of proven IT solutions that modernize business processes and enable insurance organizations and other leading companies to adapt quickly to change. Serving as consultants and advisors, Sapiens works with companies to analyze their current systems and develop a blueprint for aligning technology with business goals. The company focuses on delivering innovative solutions that allow companies to build on existing IT assets. “
  • 4/24/2018 – Sapiens International was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 4/17/2018 – Sapiens International was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “SAPIENS INTL NV is a leading global provider of proven IT solutions that modernize business processes and enable insurance organizations and other leading companies to adapt quickly to change. Serving as consultants and advisors, Sapiens works with companies to analyze their current systems and develop a blueprint for aligning technology with business goals. The company focuses on delivering innovative solutions that allow companies to build on existing IT assets. “

Shares of Sapiens International traded down $0.11, reaching $9.94, during trading on Thursday, Marketbeat reports. The company’s stock had a trading volume of 2 shares, compared to its average volume of 30,774. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.33. Sapiens International Co. has a 12 month low of $8.01 and a 12 month high of $14.30. The company has a market cap of $503.76 million, a price-to-earnings ratio of 36.81, a PEG ratio of 4.35 and a beta of 1.23.

Sapiens International (NASDAQ:SPNS) last announced its quarterly earnings results on Monday, May 7th. The technology company reported $0.13 EPS for the quarter, beating the Zacks’ consensus estimate of $0.09 by $0.04. The firm had revenue of $71.09 million during the quarter, compared to the consensus estimate of $67.68 million. Sapiens International had a net margin of 1.90% and a return on equity of 9.22%. The firm’s revenue for the quarter was up 25.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.02 EPS. equities analysts forecast that Sapiens International Co. will post 0.47 EPS for the current year.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Jane Street Group LLC increased its holdings in Sapiens International by 105.5% during the first quarter. Jane Street Group LLC now owns 31,988 shares of the technology company’s stock valued at $273,000 after buying an additional 16,420 shares during the period. UBS Group AG lifted its position in Sapiens International by 114.4% during the first quarter. UBS Group AG now owns 86,524 shares of the technology company’s stock valued at $739,000 after purchasing an additional 46,171 shares during the period. Clal Insurance Enterprises Holdings Ltd lifted its position in Sapiens International by 135.1% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 803,583 shares of the technology company’s stock valued at $6,855,000 after purchasing an additional 461,710 shares during the period. Meitav Dash Investments Ltd. acquired a new position in Sapiens International during the fourth quarter valued at $554,000. Finally, Kingfisher Capital LLC acquired a new position in Sapiens International during the fourth quarter valued at $118,000. 9.26% of the stock is owned by institutional investors and hedge funds.

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 life, pension, and annuities, such as Sapiens ALIS, LifeSuite, Life Portraits, LifeApply, Sapiens INSIGHT, and Sapiens Closed Books; and personal, commercial and specialty lines, and workers' compensation comprising Sapiens IDIT, Adaptik Policy, Adaptik Billing, Stream Claim, Sapiens Stingray, PowerSuite, and CompSuite.

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