Sapiens International (NASDAQ:SPNS) Issues Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Sapiens International (NASDAQ:SPNS - Get Free Report) issued its earnings results on Thursday. The technology company reported $0.37 earnings per share for the quarter, topping analysts' consensus estimates of $0.35 by $0.02, Briefing.com reports. The business had revenue of $136.11 million during the quarter, compared to the consensus estimate of $136.25 million. Sapiens International had a return on equity of 17.42% and a net margin of 13.31%. The firm's revenue for the quarter was up 1.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.36 earnings per share. Sapiens International updated its FY 2025 guidance to EPS.

Sapiens International Stock Up 0.1 %

Shares of Sapiens International stock traded up $0.03 on Friday, hitting $28.36. The company had a trading volume of 144,065 shares, compared to its average volume of 155,024. The stock has a market capitalization of $1.58 billion, a price-to-earnings ratio of 21.98 and a beta of 0.95. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.18 and a current ratio of 2.24. Sapiens International has a 1 year low of $23.69 and a 1 year high of $41.22. The stock has a 50 day moving average of $27.03 and a 200-day moving average of $28.07.

Sapiens International Increases Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Wednesday, April 16th. Shareholders of record on Monday, April 7th were issued a dividend of $0.66 per share. This is a positive change from Sapiens International's previous semi-annual dividend of $0.22. This represents a yield of 2.2%. The ex-dividend date was Monday, April 7th. Sapiens International's payout ratio is currently 46.51%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on SPNS. Barclays boosted their target price on shares of Sapiens International from $28.00 to $31.00 and gave the company an "underweight" rating in a research report on Friday. Jefferies Financial Group lowered shares of Sapiens International from a "buy" rating to a "hold" rating and dropped their price objective for the company from $36.00 to $28.00 in a report on Monday, February 3rd. Finally, Needham & Company LLC restated a "buy" rating and issued a $35.00 target price on shares of Sapiens International in a research note on Wednesday, February 19th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, Sapiens International currently has a consensus rating of "Hold" and a consensus target price of $34.25.

Sapiens International Company Profile

Sapiens International Corporation N.V. provides software solutions for the insurance industry in North America, the United Kingdom, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company provides various solutions for property and casualty commercial and personal lines, life and pensions, and reinsurance fields.

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