Sapiens International (NASDAQ:SPNS) announced its quarterly earnings results on Tuesday. The technology company reported $0.27 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.27, MarketWatch Earnings reports. Sapiens International had a return on equity of 19.32% and a net margin of 8.78%. The company had revenue of $110.22 million for the quarter, compared to the consensus estimate of $109.93 million. During the same quarter in the previous year, the business earned $0.20 EPS. Sapiens International’s revenue was up 21.7% compared to the same quarter last year. Sapiens International updated its FY 2021 guidance to – EPS.

Shares of NASDAQ:SPNS traded down $1.37 during trading on Tuesday, reaching $30.90. The company’s stock had a trading volume of 3,806 shares, compared to its average volume of 134,955. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 0.39. Sapiens International has a 12 month low of $21.01 and a 12 month high of $35.85. The firm’s 50 day simple moving average is $32.31 and its two-hundred day simple moving average is $31.09. The stock has a market capitalization of $1.69 billion, a PE ratio of 52.05, a price-to-earnings-growth ratio of 6.32 and a beta of 1.36.

The firm also recently declared a — dividend, which will be paid on Tuesday, May 11th. Investors of record on Tuesday, April 27th will be issued a $0.37 dividend. This represents a dividend yield of 1.1%. The ex-dividend date of this dividend is Monday, April 26th. Sapiens International’s payout ratio is 37.33%.

Several research firms recently weighed in on SPNS. The Goldman Sachs Group started coverage on Sapiens International in a research note on Wednesday, January 13th. They issued a “neutral” rating and a $35.00 price target on the stock. Zacks Investment Research cut Sapiens International from a “buy” rating to a “hold” rating in a research report on Tuesday. Finally, Jefferies Financial Group assumed coverage on Sapiens International in a report on Wednesday, January 20th. They set a “buy” rating and a $39.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $36.29.

Sapiens International Company Profile

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 Sapiens CoreSuite and Sapiens IDITSuite for personal, commercial, and specialty lines, as well as reinsurance and workers' compensation; and Sapiens CoreSuite, Sapiens UnderwritingPro, Sapiens ApplicationPro, Sapiens IllustrationPro, and Sapiens ConsolidationMaster for life, pension, and annuities.

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Earnings History for Sapiens International (NASDAQ:SPNS)

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