Sapient Corp. (SAPE) to Release Earnings on Tuesday
Sapient Corp. (NASDAQ:SAPE) is scheduled to be releasing its Q313 earnings data on Tuesday, November 5th. Analysts expect Sapient Corp. to post earnings of $0.16 per share and revenue of $321.96 million for the quarter.
Sapient Corp. (NASDAQ:SAPE) last posted its quarterly earnings results on Tuesday, August 6th. The company reported $0.21 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.11 by $0.10. The company had revenue of $314.30 million for the quarter, compared to the consensus estimate of $305.06 million. During the same quarter in the prior year, the company posted $0.15 earnings per share. The company’s quarterly revenue was up 12.7% on a year-over-year basis. On average, analysts expect Sapient Corp. to post $0.54 EPS for the current fiscal year and $0.67 EPS for the next fiscal year.
Sapient Corp. (NASDAQ:SAPE) opened at 15.92 on Monday. Sapient Corp. has a 1-year low of $9.90 and a 1-year high of $16.15. The stock’s 50-day moving average is $15.64 and its 200-day moving average is $13.89. The company has a market cap of $2.225 billion and a P/E ratio of 31.15.
SAPE has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Sapient Corp. from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, October 2nd. They now have a $17.00 price target on the stock. On the ratings front, analysts at Northland Securities initiated coverage on shares of Sapient Corp. in a research note to investors on Friday, August 9th. They set a “market perform” rating and a $14.00 price target on the stock. Finally, analysts at Northland Capital Partners initiated coverage on shares of Sapient Corp. in a research note to investors on Friday, August 9th. They set a “market perform” rating and a $14.00 price target on the stock. Eight analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $14.64.
In other Sapient Corp. news, Director J Stuart Moore unloaded 26,510 shares of the stock on the open market in a transaction that occurred on Tuesday, October 22nd. The stock was sold at an average price of $15.81, for a total transaction of $419,123.10. The sale was disclosed in a filing with the SEC, which is available at this link.
Sapient Corporation (NASDAQ:SAPE) is a global services company, which helps clients leverage marketing and technology to transform their businesses.
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