Wall Street analysts predict that VASCO Data Security International, Inc. (NASDAQ:VDSI) will post earnings of $0.08 per share for the current quarter, Zacks reports. Two analysts have provided estimates for VASCO Data Security International’s earnings, with estimates ranging from $0.07 to $0.08. VASCO Data Security International posted earnings of $0.15 per share during the same quarter last year, which would suggest a negative year-over-year growth rate of 46.7%. The business is scheduled to announce its next quarterly earnings results after the market closes on Thursday, July 27th.

According to Zacks, analysts expect that VASCO Data Security International will report full year earnings of $0.34 per share for the current fiscal year, with EPS estimates ranging from $0.31 to $0.37. For the next fiscal year, analysts forecast that the firm will post earnings of $0.39 per share, with EPS estimates ranging from $0.33 to $0.44. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research firms that follow VASCO Data Security International.

VASCO Data Security International (NASDAQ:VDSI) last announced its earnings results on Thursday, April 27th. The technology company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.04. VASCO Data Security International had a net margin of 4.74% and a return on equity of 7.47%. The business had revenue of $41.97 million during the quarter, compared to the consensus estimate of $42.55 million. During the same quarter last year, the firm earned $0.14 earnings per share. VASCO Data Security International’s quarterly revenue was down 10.3% on a year-over-year basis.

A number of analysts recently weighed in on VDSI shares. Zacks Investment Research upgraded VASCO Data Security International from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a research note on Tuesday, May 2nd. BTIG Research restated a “buy” rating and issued a $18.00 price target on shares of VASCO Data Security International in a research note on Monday, April 24th. Imperial Capital started coverage on VASCO Data Security International in a research note on Monday, June 26th. They issued an “outperform” rating and a $16.00 price target on the stock. Finally, ValuEngine upgraded VASCO Data Security International from a “sell” rating to a “hold” rating in a research note on Tuesday, June 27th. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $17.25.

VASCO Data Security International (VDSI) opened at 14.10 on Thursday. VASCO Data Security International has a 52 week low of $12.05 and a 52 week high of $19.30. The company’s 50-day moving average is $14.02 and its 200-day moving average is $13.88. The company has a market cap of $560.60 million, a P/E ratio of 64.38 and a beta of 1.40.

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In other VASCO Data Security International news, CEO T Kendall Hunt sold 21,247 shares of the business’s stock in a transaction on Monday, July 24th. The stock was sold at an average price of $14.00, for a total transaction of $297,458.00. Following the sale, the chief executive officer now directly owns 7,537,461 shares in the company, valued at $105,524,454. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Over the last quarter, insiders have sold 215,677 shares of company stock worth $3,040,262. 25.88% of the stock is owned by company insiders.

A number of hedge funds have recently bought and sold shares of VDSI. Municipal Employees Retirement System of Michigan increased its stake in shares of VASCO Data Security International by 6.1% in the second quarter. Municipal Employees Retirement System of Michigan now owns 7,110 shares of the technology company’s stock worth $102,000 after buying an additional 410 shares during the last quarter. Cutler Group LP increased its stake in shares of VASCO Data Security International by 149.8% in the first quarter. Cutler Group LP now owns 8,530 shares of the technology company’s stock worth $115,000 after buying an additional 5,115 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of VASCO Data Security International during the first quarter worth about $136,000. Tiedemann Wealth Management LLC boosted its position in shares of VASCO Data Security International by 6.5% in the first quarter. Tiedemann Wealth Management LLC now owns 10,725 shares of the technology company’s stock worth $145,000 after buying an additional 650 shares during the period. Finally, OppenheimerFunds Inc. purchased a new position in shares of VASCO Data Security International during the first quarter worth approximately $158,000. Institutional investors own 51.97% of the company’s stock.

VASCO Data Security International Company Profile

VASCO Data Security International, Inc designs, develops and markets digital solutions for identity, security and business productivity that protect and facilitate transactions online, via mobile devices, and in-person. The Company provides anti-fraud and digital transaction management solutions to financial institutions and other businesses.

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Earnings History and Estimates for VASCO Data Security International (NASDAQ:VDSI)

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