Vasco Data Security International (NASDAQ:VDSI) announced its earnings results on Thursday. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by $0.07, StockRatingsNetwork.com reports. The company had revenue of $37.30 million for the quarter, compared to the consensus estimate of $42.20 million. During the same quarter in the previous year, the company posted $0.18 earnings per share. The company’s revenue for the quarter was down 20.0% on a year-over-year basis.
Several analysts have recently commented on the stock. Analysts at Dougherty & Co raised their price target on shares of Vasco Data Security International from $9.50 to $10.00 in a research note to investors on Friday. They now have a “buy” rating on the stock. Analysts at TheStreet upgraded shares of Vasco Data Security International from a “hold” rating to a “buy” rating in a research note to investors on Wednesday, May 1st.
Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $8.38.
Vasco Data Security International (NASDAQ: VDSI) remained flat at $8.25 during trading on Friday. Vasco Data Security International has a 52-week low of $7.86 and a 52-week high of $10.41. The stock’s 50-day moving average is currently $8.5. The company has a market cap of $319.2 million and a price-to-earnings ratio of 19.41.
VASCO Data Security International, Inc (NASDAQ: VDSI), through its operating subsidiaries, design, develop, market and support hardware and software security systems that manage and secure access to information assets.