Zacks Downgrades VASCO Data Security International to Neutral (VDSI)
VASCO Data Security International (NASDAQ:VDSI) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research report issued on Tuesday. They currently have a $13.50 price target on the stock. Zacks‘s price objective suggests a potential upside of 12.78% from the company’s current price.
A number of other analysts have also recently weighed in on VDSI. Analysts at Topeka Capital Markets upgraded shares of VASCO Data Security International from a “hold” rating to a “buy” rating in a research note on Friday, April 25th. They now have a $15.00 price target on the stock. Analysts at Dougherty & Co raised their price target on shares of VASCO Data Security International from $9.00 to $12.00 in a research note on Thursday, April 24th. They now have a “buy” rating on the stock.
VASCO Data Security International (NASDAQ:VDSI) traded down 2.09% on Tuesday, hitting $11.72. The stock had a trading volume of 118,865 shares. VASCO Data Security International has a 1-year low of $6.47 and a 1-year high of $13.15. The stock has a 50-day moving average of $11. and a 200-day moving average of $8.81. The company has a market cap of $460.3 million and a P/E ratio of 39.38.
VASCO Data Security International (NASDAQ:VDSI) last issued its quarterly earnings data on Thursday, April 24th. The company reported $0.09 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.04 by $0.05. The company had revenue of $38.80 million for the quarter, compared to the consensus estimate of $36.33 million. During the same quarter last year, the company posted $0.06 earnings per share. Analysts expect that VASCO Data Security International will post $0.45 EPS for the current fiscal year.
VASCO Data Security International, Inc (NASDAQ:VDSI), through its operating subsidiaries, design, develop, market and support hardware and software security systems that manage and secure access to information assets.
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