VASCO Data Security International, Inc. (VDSI) Scheduled to Post Quarterly Earnings on Wednesday
VASCO Data Security International, Inc. (NASDAQ:VDSI) is scheduled to be announcing its earnings results after the market closes on Wednesday, October 25th. Analysts expect the company to announce earnings of $0.02 per share for the quarter.
VASCO Data Security International (NASDAQ:VDSI) last posted its quarterly earnings results on Thursday, July 27th. The technology company reported $0.06 EPS for the quarter, beating the consensus estimate of $0.01 by $0.05. The firm had revenue of $45.70 million during the quarter, compared to analysts’ expectations of $42.87 million. VASCO Data Security International had a return on equity of 6.06% and a net margin of 3.45%. The company’s revenue for the quarter was down 15.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.15 EPS. On average, analysts expect VASCO Data Security International to post $0.07 EPS for the current fiscal year and $0.23 EPS for the next fiscal year.
VASCO Data Security International, Inc. (NASDAQ VDSI) opened at 11.90 on Wednesday. The firm has a 50-day moving average price of $12.08 and a 200 day moving average price of $13.21. VASCO Data Security International, Inc. has a 12-month low of $11.05 and a 12-month high of $18.20. The firm has a market cap of $473.58 million, a PE ratio of 76.77 and a beta of 1.40.
In other news, Director T Kendall Hunt sold 5,751 shares of VASCO Data Security International stock in a transaction that occurred on Wednesday, September 27th. The shares were sold at an average price of $11.41, for a total value of $65,618.91. Following the completion of the sale, the director now directly owns 7,385,869 shares in the company, valued at $84,272,765.29. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In the last 90 days, insiders have sold 264,468 shares of company stock valued at $3,283,527. Corporate insiders own 25.44% of the company’s stock.
A number of equities research analysts have recently issued reports on VDSI shares. Imperial Capital started coverage on VASCO Data Security International in a report on Monday, June 26th. They set an “outperform” rating and a $16.00 price objective for the company. ValuEngine upgraded VASCO Data Security International from a “sell” rating to a “hold” rating in a report on Tuesday, June 27th. BidaskClub cut VASCO Data Security International from a “hold” rating to a “sell” rating in a report on Saturday, August 5th. Finally, Zacks Investment Research cut VASCO Data Security International from a “buy” rating to a “hold” rating in a report on Friday, August 25th. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. VASCO Data Security International currently has an average rating of “Hold” and a consensus price target of $16.00.
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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