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) Rises Higher Than Market: Key Facts
Read MoreHide Full Article
OneSpan (OSPN - Free Report) ended the recent trading session at $15.60, demonstrating a +2.56% change from the preceding day's closing price. The stock outpaced the S&P 500's daily gain of 0.21%. Meanwhile, the Dow experienced a rise of 0.25%, and the technology-dominated Nasdaq saw an increase of 0.45%.
Coming into today, shares of the internet security company had gained 17.82% in the past month. In that same time, the Computer and Technology sector gained 4.48%, while the S&P 500 gained 3.07%.
The upcoming earnings release of OneSpan will be of great interest to investors. It is anticipated that the company will report an EPS of $0.28, marking a 15.15% fall compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $58.36 million, up 3.77% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.44 per share and a revenue of $249.3 million, representing changes of +9.09% and +2.52%, respectively, from the prior year.
Any recent changes to analyst estimates for OneSpan should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.43% higher. OneSpan is currently a Zacks Rank #3 (Hold).
In the context of valuation, OneSpan is at present trading with a Forward P/E ratio of 10.56. This denotes a discount relative to the industry average Forward P/E of 30.47.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 63, putting it in the top 26% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
OneSpan (OSPN) Rises Higher Than Market: Key Facts
OneSpan (OSPN - Free Report) ended the recent trading session at $15.60, demonstrating a +2.56% change from the preceding day's closing price. The stock outpaced the S&P 500's daily gain of 0.21%. Meanwhile, the Dow experienced a rise of 0.25%, and the technology-dominated Nasdaq saw an increase of 0.45%.
Coming into today, shares of the internet security company had gained 17.82% in the past month. In that same time, the Computer and Technology sector gained 4.48%, while the S&P 500 gained 3.07%.
The upcoming earnings release of OneSpan will be of great interest to investors. It is anticipated that the company will report an EPS of $0.28, marking a 15.15% fall compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $58.36 million, up 3.77% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.44 per share and a revenue of $249.3 million, representing changes of +9.09% and +2.52%, respectively, from the prior year.
Any recent changes to analyst estimates for OneSpan should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.43% higher. OneSpan is currently a Zacks Rank #3 (Hold).
In the context of valuation, OneSpan is at present trading with a Forward P/E ratio of 10.56. This denotes a discount relative to the industry average Forward P/E of 30.47.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 63, putting it in the top 26% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.