For its first fiscal quarter (ending March 31), Sapiens International Corp NV (NASDAQ: SPNS) has reported a 19% increase in E.P.S. from $0.26 a year ago to $0.31 in the current quarter. However, this performance was $-0.07 short of the consensus estimate of $0.38. For the latest four quarters through March 31, E.P.S. were $1.18 versus $0.97 for the same period a year ago — an increase of 22%.
Recent Price Action
Sapiens International Corp NV (NASDAQ: SPNS) stock enjoyed a very large increase of 6.8% on 5/8/24. The shares closed at $33.52. Moreover, this advance was accompanied by unusually high trading volume at 157% of normal. The stock has performed in line with the market over the last nine months and has risen 8.8% during the last week.
Current PriceTarget Research Rating
SPNS is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Sapiens International has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Sapiens International has a poor Appreciation Score of 24 but a neutral Power Rating of 56, with the Negative Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
Be the first to comment