Sapiens International
SPNS
is riding on an expanding clientele. The company recently announced that Applied Underwriters has selected its ReinsurancePro to automate its reinsurance administration, accounting, analysis and reporting.
Sapiens’ ReinsurancePro solution will enable Applied Underwriters to replace its legacy process with a platform that is streamlined, consistent and financially correct. Markedly, Sapiens ReinsurancePro manages the entire range of reinsurance contracts and activities for all lines of business.
Sapiens’s solutions have been getting adopted globally. Its ReinsuranceMaster solution was recently selected by a leading insurance company in Portugal. Moreover, Luxembourg-based Builders Insurance Holdings, a leading global provider of P&C insurance and reinsurance services, transformed its legacy system with Sapiens’ end-to-end core solution.
Sapiens also entered into a partnership with Albany Group, which specializes in risk and intelligence software, for an automated compliance, risk management and regulatory platform. The partnership simplifies complex compliance processes carried out across third-party platforms such as Lloyd’s.
Sapiens International Corporation N.V. Price and Consensus
Sapiens International Corporation N.V. price-consensus-chart
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Sapiens International Corporation N.V. Quote
An expanding clientele is driving Sapiens’ top-line growth. In 2021, non-GAAP revenues increased 20.6% year over year to $463.6 million. Life, DECISION, and Reinsurance continued growing steadily, building a solid pipeline for 2022.
For 2022, Sapiens expects non-GAAP revenues between $495 million and $500 million. On a constant-currency basis, this represents organic growth of 9.1% over 2021. Further, non-GAAP operating margin is expected to be 17%-17.3%.
The Zacks Consensus Estimate for 2022 revenues is pegged at $497.45 million, indicating 7.90% decrease from the figure reported in 2021. The consensus mark for 2022 earnings stands at $1.15 per share, suggesting a decline of 2.54% from the figure reported in 2021.
Zacks Rank & Stocks to Consider
Sapiens currently has a Zacks Rank #4 (Sell).
Sapiens shares are down 24.6% year to date compared with the Zacks
Computer Software
industry’s decline of 9.5% and the broader
Computer and Technology
sector’s decline of 9.1%.
Teradata
TDC
sports a Zacks Rank #1 (Strong Buy). You can see
the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here
.
TDC shares have gained 12.6% in the year-to-date period. The Zacks Consensus Estimate for Teradata’s first-quarter 2022 earnings stands at 65 cents per share, unchanged over the past 30 days.
Diodes
DIOD
flaunts a Zacks Rank #1.
DIOD shares have fallen 28% in the year-to-date period. The Zacks Consensus Estimate for Diodes first-quarter 2022 earnings stands at $1.55 per share, unchanged over the past 30 days.
On Semiconductor
ON
also sports a Zacks Rank #1.
ON shares have declined 18% in the year-to-date period. The consensus mark for ON’s first-quarter fiscal 2022 earnings stands at $1.04 per share, unchanged over the past 30 days.
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