VASCO Data Security International (NASDAQ:VDSI) was the target of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 12,794,785 shares, a growth of 42.9% from the March 13th total of 8,953,197 shares, AnalystRatingsNetwork.com reports. Currently, 45.3% of the shares of the company are sold short. Based on an average daily volume of 1,616,872 shares, the short-interest ratio is currently 7.9 days.
Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of VASCO Data Security International from a “neutral” rating to an “outperform” rating and set a $28.60 price target on the stock in a research note on Friday, February 20th. Analysts at Dougherty & Co raised their price target on shares of VASCO Data Security International from $30.00 to $35.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. Finally, analysts at Topeka Capital Markets raised their price target on shares of VASCO Data Security International from $35.00 to $42.00 and gave the company a “buy” rating in a research note on Tuesday, February 17th.
VASCO Data Security International (NASDAQ:VDSI) opened at 24.90 on Thursday. VASCO Data Security International has a 52 week low of $7.77 and a 52 week high of $31.84. The stock has a 50-day moving average of $23. and a 200-day moving average of $24.. The company has a market cap of $981.53 million and a P/E ratio of 29.26.
VASCO Data Security International (NASDAQ:VDSI) last issued its quarterly earnings data on Tuesday, February 17th. The company reported $0.28 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.20 by $0.08. The company had revenue of $62.40 million for the quarter, compared to the consensus estimate of $54.00 million. During the same quarter in the prior year, the company posted $0.09 earnings per share. The company’s quarterly revenue was up 44.1% on a year-over-year basis. On average, analysts predict that VASCO Data Security International will post $0.99 earnings per share for the current fiscal year.
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