Versant Corporation (VSNT) to Issue Dividend of $0.38 on July 22nd

Versant Corporation (NASDAQ:VSNT) declared a dividend on Thursday, May 14th, NASDAQ Dividends reports. Stockholders of record on Wednesday, July 1st will be paid a dividend of 0.375 per share on Wednesday, July 22nd. The ex-dividend date of this dividend is Wednesday, July 1st.

Versant Price Performance

Shares of NASDAQ VSNT opened at $36.14 on Monday. The business has a fifty day moving average price of $40.53. Versant has a 52 week low of $27.17 and a 52 week high of $59.00. The company has a current ratio of 2.32, a quick ratio of 2.32 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $5.10 billion and a P/E ratio of 18.16.

Versant (NASDAQ:VSNT) last announced its quarterly earnings results on Thursday, May 14th. The company reported $1.99 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.30. The firm had revenue of $1.69 billion for the quarter. Equities research analysts anticipate that Versant will post 4.35 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have recently weighed in on VSNT shares. The Goldman Sachs Group increased their target price on shares of Versant from $37.00 to $42.00 and gave the stock a “neutral” rating in a report on Thursday, May 14th. Seaport Research Partners restated a “buy” rating and set a $46.00 price target on shares of Versant in a report on Monday, May 18th. Weiss Ratings upgraded Versant from a “sell (d+)” rating to a “hold (c)” rating in a report on Thursday, May 21st. TD Cowen started coverage on Versant in a research report on Monday, March 2nd. They issued a “hold” rating and a $32.00 price objective on the stock. Finally, Zacks Research lowered Versant from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. One investment analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Versant has a consensus rating of “Hold” and a consensus price target of $40.40.

Versant Company Profile

Versant Corporation is a provider of data management software. The Company designs, develops, markets and supports database management system products that companies use to solve data management and data integration issues. It also provides related product support, training and consulting services to assist users of the Company’s products in developing and deploying software applications based on its products. The Company’s Versant Object Database product is used primarily by enterprises, which have data management requirements, such as technology providers, telecommunications carriers, Government defense agencies, defense contractors, healthcare companies and companies in the financial services and transportation industries.