We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
OneSpan (OSPN) Increases Despite Market Slip: Here's What You Need to Know
Read MoreHide Full Article
OneSpan (OSPN - Free Report) closed at $16.97 in the latest trading session, marking a +1.68% move from the prior day. The stock's performance was ahead of the S&P 500's daily loss of 0.11%. Elsewhere, the Dow gained 0.91%, while the tech-heavy Nasdaq lost 0.82%.
The internet security company's shares have seen an increase of 6.04% over the last month, not keeping up with the Computer and Technology sector's gain of 8.76% and outstripping the S&P 500's gain of 5.17%.
The upcoming earnings release of OneSpan will be of great interest to investors. The company is forecasted to report an EPS of $0.27, showcasing a 12.9% downward movement from the corresponding quarter of the prior year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.45 per share and a revenue of $0 million, representing changes of +9.85% and 0%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for OneSpan. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. At present, OneSpan boasts a Zacks Rank of #2 (Buy).
In the context of valuation, OneSpan is at present trading with a Forward P/E ratio of 11.51. Its industry sports an average Forward P/E of 29.16, so one might conclude that OneSpan is trading at a discount comparatively.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 40, placing it within the top 17% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow OSPN in the coming trading sessions, be sure to utilize Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
OneSpan (OSPN) Increases Despite Market Slip: Here's What You Need to Know
OneSpan (OSPN - Free Report) closed at $16.97 in the latest trading session, marking a +1.68% move from the prior day. The stock's performance was ahead of the S&P 500's daily loss of 0.11%. Elsewhere, the Dow gained 0.91%, while the tech-heavy Nasdaq lost 0.82%.
The internet security company's shares have seen an increase of 6.04% over the last month, not keeping up with the Computer and Technology sector's gain of 8.76% and outstripping the S&P 500's gain of 5.17%.
The upcoming earnings release of OneSpan will be of great interest to investors. The company is forecasted to report an EPS of $0.27, showcasing a 12.9% downward movement from the corresponding quarter of the prior year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.45 per share and a revenue of $0 million, representing changes of +9.85% and 0%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for OneSpan. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. At present, OneSpan boasts a Zacks Rank of #2 (Buy).
In the context of valuation, OneSpan is at present trading with a Forward P/E ratio of 11.51. Its industry sports an average Forward P/E of 29.16, so one might conclude that OneSpan is trading at a discount comparatively.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 40, placing it within the top 17% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow OSPN in the coming trading sessions, be sure to utilize Zacks.com.