BidaskClub downgraded shares of Sapiens International (NASDAQ:SPNS) from a hold rating to a sell rating in a report released on Saturday.
Other equities analysts also recently issued reports about the company. Zacks Investment Research downgraded Sapiens International from a hold rating to a sell rating in a research report on Friday, January 5th. Barclays downgraded Sapiens International from an overweight rating to an equal weight rating in a research report on Friday. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus price target of $15.00.
Shares of Sapiens International (NASDAQ:SPNS) opened at $9.16 on Friday. The firm has a market capitalization of $450.81, a PE ratio of 458.23, a P/E/G ratio of 4.41 and a beta of 0.98. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.03 and a quick ratio of 2.03. Sapiens International has a 12 month low of $9.14 and a 12 month high of $15.46.
About Sapiens International
Sapiens International Corporation N.V. (Sapiens) is a provider of software solutions for the insurance industry, with a focus on the financial services sector. The Company operates in provider of software solutions segment. Its software solutions portfolio consists of Life, Pension, Annuity and Retirement Solutions, including software solutions for the management of a range of products for life, pension, annuity and retirement; Property and Casualty/General Insurance Solutions, including a software suite of solutions, supporting a range of business lines, including personal, commercial and specialty lines, as well as a solution for the management of reinsurance contracts; Sapiens DECISION, which is a business decision management solution, and Technology-Based Solutions, such as Sapiens eMerge.
Receive News & Ratings for Sapiens International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sapiens International and related companies with MarketBeat.com's FREE daily email newsletter.