Equities Analysts Issue Forecasts for VASCO Data Security International, Inc.’s FY2020 Earnings (NASDAQ:VDSI)

VASCO Data Security International, Inc. (NASDAQ:VDSI) – Investment analysts at Imperial Capital increased their FY2020 earnings estimates for shares of VASCO Data Security International in a report released on Thursday, May 10th, according to Zacks Investment Research. Imperial Capital analyst S. Khan now expects that the technology company will earn $0.77 per share for the year, up from their prior forecast of $0.75.

VDSI has been the subject of several other research reports. ValuEngine raised shares of VASCO Data Security International from a “hold” rating to a “buy” rating in a research report on Thursday, April 19th. Zacks Investment Research raised shares of VASCO Data Security International from a “hold” rating to a “buy” rating and set a $14.00 price target for the company in a research report on Saturday, April 7th. BidaskClub raised shares of VASCO Data Security International from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 12th. TheStreet raised shares of VASCO Data Security International from a “d+” rating to a “c-” rating in a research report on Friday, May 4th. Finally, Dougherty & Co raised shares of VASCO Data Security International from a “neutral” rating to a “buy” rating and set a $21.00 price target for the company in a research report on Wednesday, May 9th. Two research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. VASCO Data Security International has a consensus rating of “Buy” and a consensus price target of $17.00.



Shares of VDSI stock traded down $0.35 during trading hours on Friday, hitting $20.00. 2,554 shares of the company were exchanged, compared to its average volume of 219,832. The company has a market cap of $812.29 million, a price-to-earnings ratio of 47.09, a price-to-earnings-growth ratio of 4.43 and a beta of 1.32. VASCO Data Security International has a fifty-two week low of $19.30 and a fifty-two week high of $20.80.

VASCO Data Security International (NASDAQ:VDSI) last announced its quarterly earnings data on Tuesday, May 8th. The technology company reported $0.12 EPS for the quarter. The company had revenue of $45.40 million during the quarter, compared to the consensus estimate of $43.49 million. VASCO Data Security International had a negative net margin of 10.76% and a positive return on equity of 6.71%. The company’s quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.08 EPS.

Institutional investors and hedge funds have recently bought and sold shares of the business. Boston Partners purchased a new position in VASCO Data Security International during the 4th quarter worth $6,922,000. BlackRock Inc. boosted its holdings in VASCO Data Security International by 4.5% during the 4th quarter. BlackRock Inc. now owns 3,896,183 shares of the technology company’s stock worth $54,157,000 after acquiring an additional 169,039 shares during the last quarter. Leucadia National Corp purchased a new position in VASCO Data Security International during the 4th quarter worth $225,000. Bank of New York Mellon Corp boosted its holdings in VASCO Data Security International by 2.2% during the 4th quarter. Bank of New York Mellon Corp now owns 384,539 shares of the technology company’s stock worth $5,345,000 after acquiring an additional 8,185 shares during the last quarter. Finally, Stoneridge Investment Partners LLC boosted its holdings in VASCO Data Security International by 35.8% during the 4th quarter. Stoneridge Investment Partners LLC now owns 42,137 shares of the technology company’s stock worth $586,000 after acquiring an additional 11,112 shares during the last quarter. 53.66% of the stock is currently owned by hedge funds and other institutional investors.

In related news, Director T Kendall Hunt sold 32,600 shares of VASCO Data Security International stock in a transaction on Wednesday, March 14th. The shares were sold at an average price of $13.61, for a total value of $443,686.00. Following the completion of the sale, the director now owns 6,880,120 shares of the company’s stock, valued at approximately $93,638,433.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In the last three months, insiders sold 166,277 shares of company stock valued at $2,234,199. 25.44% of the stock is currently owned by insiders.

About VASCO Data Security International

VASCO Data Security International, Inc, together with its subsidiaries, designs, develops, and markets digital solutions for identity, security, and business productivity worldwide. The company offers DIGIPASS software authenticators; DIGIPASS for Apps, a software development kit; DIGIPASS for Mobile, a mobile authenticator that operates as a discrete mobile application; IDENTIKEY Risk Manager, an anti-fraud solution; and application shielding with runtime application self-protection that neutralizes the threat of attacks on mobile apps.

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

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