Sapiens International Corp. (NASDAQ:SPNS) shares were up 2.1% on Friday . The company traded as high as $14.11 and last traded at $13.85, with a volume of 53,127 shares. The stock had previously closed at $13.57.

A number of research analysts have weighed in on SPNS shares. Roth Capital reissued a “sell” rating and issued a $11.00 target price on shares of Sapiens International Corp. in a research note on Wednesday, May 11th. Zacks Investment Research lowered shares of Sapiens International Corp. from a “hold” rating to a “sell” rating in a research note on Friday, June 10th. Finally, Barclays PLC raised their target price on shares of Sapiens International Corp. from $14.00 to $15.00 and gave the stock an “overweight” rating in a research note on Friday, August 5th. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $13.50.

The stock has a market cap of $677.44 million and a PE ratio of 32.41. The company’s 50 day moving average is $12.73 and its 200-day moving average is $11.91.

Sapiens International Corp. (NASDAQ:SPNS) last issued its quarterly earnings results on Thursday, August 4th. The company reported $0.13 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.13. The firm had revenue of $53 million for the quarter, compared to analyst estimates of $50.78 million. The company’s revenue was up 15.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.11 earnings per share. On average, equities research analysts forecast that Sapiens International Corp. will post $0.49 earnings per share for the current year.

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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