Vasco Data Security International Inc. (VDSI) Stock Rating Lowered by Dougherty & Co
Vasco Data Security International Inc. (NASDAQ:VDSI) was downgraded by investment analysts at Dougherty & Co from a “buy” rating to a “neutral” rating in a research report issued on Wednesday, StockTargetPrices.com reports.
VDSI has been the subject of several other reports. Zacks Investment Research downgraded Vasco Data Security International from a “hold” rating to a “sell” rating in a research note on Tuesday, August 2nd. Sidoti began coverage on Vasco Data Security International in a research note on Thursday, June 23rd. They issued a “buy” rating and a $24.00 price objective for the company.
Vasco Data Security International (NASDAQ:VDSI) opened at 17.94 on Wednesday. Vasco Data Security International has a 52 week low of $12.35 and a 52 week high of $21.35. The firm has a market cap of $712.38 million, a price-to-earnings ratio of 36.10 and a beta of 2.46. The stock has a 50 day moving average price of $18.28 and a 200 day moving average price of $17.21.
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Vasco Data Security International (NASDAQ:VDSI) last released its quarterly earnings data on Thursday, July 28th. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.07. Vasco Data Security International had a return on equity of 13.08% and a net margin of 9.29%. The firm earned $54.30 million during the quarter, compared to the consensus estimate of $52.30 million. During the same period last year, the business posted $0.40 EPS. Vasco Data Security International’s quarterly revenue was down 17.0% on a year-over-year basis. Equities research analysts expect that Vasco Data Security International will post $0.26 EPS for the current year.
A number of institutional investors have recently added to or reduced their stakes in VDSI. Quantbot Technologies LP increased its position in Vasco Data Security International by 42.8% in the second quarter. Quantbot Technologies LP now owns 9,423 shares of the company’s stock valued at $154,000 after buying an additional 2,824 shares during the last quarter. BNP Paribas Arbitrage SA increased its position in Vasco Data Security International by 95.8% in the second quarter. BNP Paribas Arbitrage SA now owns 9,517 shares of the company’s stock valued at $156,000 after buying an additional 4,657 shares during the last quarter. Bank of Montreal Can bought a new position in Vasco Data Security International during the second quarter valued at $171,000. Clinton Group Inc. increased its position in Vasco Data Security International by 7.0% in the second quarter. Clinton Group Inc. now owns 12,329 shares of the company’s stock valued at $202,000 after buying an additional 805 shares during the last quarter. Finally, Pitcairn Co. bought a new position in Vasco Data Security International during the second quarter valued at $220,000. 51.08% of the stock is owned by institutional investors.
About Vasco Data Security International
VASCO Data Security International, Inc (VASCO) is an information technology (IT) security company that designs, develops and markets security solutions that secure and manage access to digital assets, protect and facilitate transactions online, via mobile devices, and in-person. The Company’s primary product and service lines include Host System products, which are typically a component of an organization’s IT infrastructure and Client Authenticators, which are devices used by end users for authentication.
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