Sapiens International Corp NV (NASDAQ: SPNS) has reported E.P.S. of $0.33 for its second fiscal quarter (ending June 30) versus $0.28 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $1.24 versus $1.03 for the same period a year ago.
Recent Price Action
Sapiens International Corp NV (NASDAQ: SPNS) stock suffered a large decline of -7.1% on 8/1/24. The stock closed at $36.14. Moreover, exceptionally high trading volume at 319% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -7.8% 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 C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Sapiens International has a poor Appreciation Score of 20 but a good Power Rating of 84, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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