Equities analysts expect VASCO Data Security International, Inc. (NASDAQ:VDSI) to announce sales of $47.12 million for the current fiscal quarter, according to Zacks. Two analysts have made estimates for VASCO Data Security International’s earnings, with the lowest sales estimate coming in at $47.00 million and the highest estimate coming in at $47.24 million. VASCO Data Security International reported sales of $43.65 million in the same quarter last year, which indicates a positive year-over-year growth rate of 7.9%. The business is scheduled to announce its next earnings report on Thursday, October 26th.

According to Zacks, analysts expect that VASCO Data Security International will report full-year sales of $47.12 million for the current year. For the next year, analysts expect that the business will report sales of $195.17 million per share, with estimates ranging from $190.00 million to $200.35 million. Zacks’ sales averages are a mean average based on a survey of research analysts that follow VASCO Data Security International.

VASCO Data Security International (NASDAQ:VDSI) last issued its quarterly earnings data on Thursday, July 27th. The technology company reported $0.06 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.01 by $0.05. VASCO Data Security International had a return on equity of 6.06% and a net margin of 3.45%. The firm had revenue of $45.70 million during the quarter, compared to the consensus estimate of $42.87 million. During the same period in the previous year, the firm posted $0.15 EPS. The company’s quarterly revenue was down 15.8% compared to the same quarter last year.

VDSI has been the subject of several recent research reports. BTIG Research reissued a “buy” rating and set a $18.00 target price on shares of VASCO Data Security International in a research note on Monday, April 24th. Zacks Investment Research raised shares of VASCO Data Security International from a “hold” rating to a “buy” rating and set a $15.00 target price for the company in a research note on Tuesday, May 2nd. Imperial Capital initiated coverage on shares of VASCO Data Security International in a research note on Monday, June 26th. They set an “outperform” rating and a $16.00 target price for the company. ValuEngine raised shares of VASCO Data Security International from a “sell” rating to a “hold” rating in a research note on Tuesday, June 27th. Finally, BidaskClub lowered shares of VASCO Data Security International from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $16.33.

In related news, Director T Kendall Hunt sold 15,375 shares of the stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $12.46, for a total transaction of $191,572.50. Following the completion of the sale, the director now directly owns 7,501,169 shares of the company’s stock, valued at $93,464,565.74. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Over the last three months, insiders have sold 218,622 shares of company stock valued at $2,988,571. Company insiders own 25.88% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in VDSI. State Street Corp raised its stake in VASCO Data Security International by 4.0% in the fourth quarter. State Street Corp now owns 669,462 shares of the technology company’s stock valued at $9,134,000 after buying an additional 25,603 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of VASCO Data Security International by 9.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 518,929 shares of the technology company’s stock valued at $7,083,000 after buying an additional 42,890 shares during the period. Guggenheim Capital LLC increased its stake in shares of VASCO Data Security International by 13.2% in the fourth quarter. Guggenheim Capital LLC now owns 32,779 shares of the technology company’s stock valued at $447,000 after buying an additional 3,832 shares during the period. Teachers Advisors LLC increased its stake in shares of VASCO Data Security International by 3.6% in the fourth quarter. Teachers Advisors LLC now owns 56,283 shares of the technology company’s stock valued at $768,000 after buying an additional 1,970 shares during the period. Finally, Louisiana State Employees Retirement System increased its stake in shares of VASCO Data Security International by 1.7% in the first quarter. Louisiana State Employees Retirement System now owns 12,300 shares of the technology company’s stock valued at $166,000 after buying an additional 200 shares during the period. 47.85% of the stock is owned by institutional investors and hedge funds.

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VASCO Data Security International (VDSI) opened at 12.30 on Wednesday. The firm has a market capitalization of $489.50 million, a P/E ratio of 79.35 and a beta of 1.38. VASCO Data Security International has a 12 month low of $12.05 and a 12 month high of $19.30. The company’s 50 day moving average price is $13.70 and its 200 day moving average price is $13.70.

About VASCO Data Security International

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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