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Sapient Corporation (SAPE)

  • Nov. 3, 2014, 12:49 PM
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  • Nov. 3, 2014, 9:13 AM
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  • Nov. 2, 2014, 6:33 PM
    • A deal to buy Sapient (NASDAQ:SAPE) could be announced as soon as Monday.
    • Publicis' (OTC:PBCBF, OTCPK:PGPEF, OTCQX:PUBGY) planned merger with Omnicom (NYSE:OMC) fell apart in May, and its sales growth has slowed recent quarters.
    • With Sapient, Publicis would add a more digital-focus to its traditional creative business. CEO Maurice Levy has said he wants Publicis to more closely resemble "an internet company."
    • SAPE's market cap is $2.5B; its revenue was $1.26B last year.
  • Aug. 7, 2013, 11:50 AM
    • Sapient (SAPE +14.1%) rifles up after Q2 results beat expectations: EPS of $0.25 came in $0.04 above consensus, and revenue of $314M exceeded both guidance ($300M-314M) and consensus ($306M).
    • The company forecasts Q3 revenue between $318M-$325M (consensus of $321M), and is bumping 2013 revenue growth guidance to 11% (10% previous).
    • Sapient has a history of conservative guidance, having beaten consensus 4 of the past 6 quarters (I, II, III, IV). The exceptions were an in-line report and a $0.01 miss.
    • Stifel Nicolaus's David Grossman reiterates a Buy rating and hikes his PT from $16 to $18. He's pleased with Sapient's strong Q2 performance, and thinks management's guidance "looks flat out low."
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  • May. 15, 2013, 8:04 PM
    More on Sapient (SAPE): Q1 report beats across the board. Service revenues were up 12.4% Y/Y to $292.6M compared to $260.4M in Q112. For Q2, the company sees revenue of between $300M to $310M, versus the consensus of $306.82M. Shares +6% AH.
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  • Feb. 12, 2013, 4:30 PM
    Sapient (SAPE): Q4 EPS of $0.20 in-line. Revenue of $304M beats by $14.55M. Shares +4.6% AH. (PR)
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  • Nov. 20, 2012, 12:13 PM
    A few more companies that appear to be casualties of H-P's FQ4 disaster (I, II): IT services firms Infosys (INFY -2.9%), Wipro (WIT -1.6%), and Sapient (SAPE -1.4%), hard drive vendors Seagate (STX -1.4%) and Western Digital (WDC -2.5%), and middleware vendor/H-P acquisition rumor subject Tibco (TIBX -3.4%).  (previous)
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  • Aug. 7, 2012, 4:17 PM
    Sapient (SAPE): Q2 EPS of $0.15 beats by $0.01. Revenue of $279M (+9.6% Y/Y) beats by $1.3M. Shares +2.3% AH. (PR)
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  • Jul. 12, 2012, 9:13 AM
    Infosys' (INFY) guidance cut takes a toll on other IT outsourcing names. CTSH -3.8%. SAPE -2.7% ACN -1.1%. Wipro (WIT) fell 4% on the Mumbai exchange. Infosys also issued a disappointing Q1 report in April, and it was followed by an equally bad report in May from Cognizant. Europe's weak economy and currency are clearly problems, though Gartner has long been voicing concerns about the impact of cloud services on outsourcing.
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  • Jun. 26, 2012, 1:11 PM
    IT services providers Sapient (SAPE -6.5%) and Cognizant (CTSH -1.8%) sell off after Goldman downgrades shares to Sell on concerns about Euro demand, financial sector woes, and forex. Goldman notes Cognizant and Sapient derive 41% and 31% of their sales, respectively, from the financial sector, and believes Europe's problems are affecting both discretionary and consumer-driven IT spending. Both Cognizant and industry giant Infosys (INFY) offered weak guidance this spring.
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  • Feb. 14, 2012, 5:58 PM
    Sapient (SAPE): Q4 EPS of $0.23 beats by $0.04. Revenue of $262.2M (+17.6% Y/Y) in-line. Shares -5.5% AH. (PR)
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  • Jun. 27, 2011, 8:16 AM
    Shares of Sapient (SAPE) +1.8% after UBS upgrades the firm to Neutral from Sell.
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Company Description
Sapient Corp is a global services company that helps clients identify and act upon opportunities to improve their business performance by capitalizing on changes, disruptions, or opportunities that exist in their business or industry.