VASCO Data Security International, Inc. (NASDAQ:VDSI) has received a consensus rating of “Hold” from the six ratings firms that are presently covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $17.00.
Several analysts have recently issued reports on the stock. Zacks Investment Research lowered shares of VASCO Data Security International from a “buy” rating to a “hold” rating in a research report on Saturday, January 6th. ValuEngine lowered shares of VASCO Data Security International from a “hold” rating to a “sell” rating in a research report on Wednesday, March 7th. Finally, TheStreet lowered shares of VASCO Data Security International from a “c” rating to a “d+” rating in a research report on Thursday, February 22nd.
In related news, Director T Kendall Hunt sold 20,754 shares of the business’s stock in a transaction dated Tuesday, March 20th. The shares were sold at an average price of $13.46, for a total transaction of $279,348.84. Following the transaction, the director now directly owns 6,834,554 shares in the company, valued at $91,993,096.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold 205,765 shares of company stock worth $2,858,186 over the last 90 days. 25.44% of the stock is currently owned by company insiders.
Shares of VDSI stock traded down $0.15 during midday trading on Wednesday, hitting $12.85. 182,655 shares of the stock traded hands, compared to its average volume of 203,976. VASCO Data Security International has a 1-year low of $11.05 and a 1-year high of $15.00. The firm has a market capitalization of $522.09, a price-to-earnings ratio of -22.54, a price-to-earnings-growth ratio of 2.89 and a beta of 1.41.
VASCO Data Security International (NASDAQ:VDSI) last announced its earnings results on Wednesday, February 21st. The technology company reported $0.14 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.10 by $0.04. VASCO Data Security International had a negative net margin of 11.59% and a positive return on equity of 6.12%. The business had revenue of $54.51 million for the quarter, compared to analyst estimates of $50.27 million. During the same quarter last year, the business earned $0.16 earnings per share. The company’s revenue for the quarter was up 14.5% compared to the same quarter last year. analysts predict that VASCO Data Security International will post 0.45 earnings per share for the current fiscal year.
TRADEMARK VIOLATION NOTICE: This news story was posted by Ticker Report and is the sole property of of Ticker Report. If you are viewing this news story on another site, it was copied illegally and reposted in violation of United States & international copyright & trademark legislation. The original version of this news story can be viewed at https://www.tickerreport.com/banking-finance/3297077/brokerages-set-vasco-data-security-international-inc-vdsi-target-price-at-17-00.html.
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.
Receive News & Ratings for VASCO Data Security International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VASCO Data Security International and related companies with MarketBeat.com's FREE daily email newsletter.