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

Sapiens International (NASDAQ:SPNS - Get Free Report) released its quarterly earnings data on Thursday, May 8th. The technology company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.02, Briefing.com reports. Sapiens International had a net margin of 13.31% and a return on equity of 17.42%. The company had revenue of $136.11 million during the quarter, compared to the consensus estimate of $136.25 million. During the same quarter in the prior year, the firm posted $0.36 earnings per share. Sapiens International's revenue for the quarter was up 1.4% on a year-over-year basis. Sapiens International updated its FY 2025 guidance to EPS.

Sapiens International Trading Down 0.4%

SPNS stock traded down $0.12 during midday trading on Thursday, hitting $28.07. The stock had a trading volume of 22,682 shares, compared to its average volume of 154,597. The firm has a market cap of $1.57 billion, a PE ratio of 21.76 and a beta of 0.95. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.24 and a quick ratio of 2.18. Sapiens International has a 12-month low of $23.69 and a 12-month high of $41.22. The company's 50-day moving average price is $27.05 and its 200 day moving average price is $27.89.

Sapiens International Increases Dividend

The company also recently announced a semi-annual dividend, which was paid on Wednesday, April 16th. Shareholders of record on Monday, April 7th were paid a $0.66 dividend. This is a boost 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 presently 46.15%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Barclays raised their price objective on shares of Sapiens International from $28.00 to $31.00 and gave the company an "underweight" rating in a research report on Friday, May 9th. Jefferies Financial Group cut shares of Sapiens International from a "buy" rating to a "hold" rating and dropped their target price for the company from $36.00 to $28.00 in a report on Monday, February 3rd. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $35.00 target price on shares of Sapiens International in a report on Wednesday, February 19th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $34.25.

About Sapiens International

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.