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OneSpan (OSPN - Free Report) closed the most recent trading day at $15.78, moving +1.28% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.01%. Elsewhere, the Dow gained 0.51%, while the tech-heavy Nasdaq lost 0.28%.
The stock of internet security company has risen by 2.5% in the past month, lagging the Computer and Technology sector's gain of 10.49% and the S&P 500's gain of 4.83%.
The investment community will be paying close attention to the earnings performance of OneSpan in its upcoming release. On that day, OneSpan is projected to report earnings of $0.28 per share, which would represent a year-over-year decline of 15.15%. Meanwhile, our latest consensus estimate is calling for revenue of $58.36 million, up 3.77% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates project earnings of $1.44 per share and a revenue of $249.3 million, demonstrating changes of +9.09% and +2.52%, respectively, from the preceding year.
Any recent changes to analyst estimates for OneSpan should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. OneSpan presently features a Zacks Rank of #3 (Hold).
Investors should also note OneSpan's current valuation metrics, including its Forward P/E ratio of 10.82. For comparison, its industry has an average Forward P/E of 29.87, which means OneSpan is trading at a discount to the group.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 62, placing it within the top 26% 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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OneSpan (OSPN) Laps the Stock Market: Here's Why
OneSpan (OSPN - Free Report) closed the most recent trading day at $15.78, moving +1.28% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.01%. Elsewhere, the Dow gained 0.51%, while the tech-heavy Nasdaq lost 0.28%.
The stock of internet security company has risen by 2.5% in the past month, lagging the Computer and Technology sector's gain of 10.49% and the S&P 500's gain of 4.83%.
The investment community will be paying close attention to the earnings performance of OneSpan in its upcoming release. On that day, OneSpan is projected to report earnings of $0.28 per share, which would represent a year-over-year decline of 15.15%. Meanwhile, our latest consensus estimate is calling for revenue of $58.36 million, up 3.77% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates project earnings of $1.44 per share and a revenue of $249.3 million, demonstrating changes of +9.09% and +2.52%, respectively, from the preceding year.
Any recent changes to analyst estimates for OneSpan should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. OneSpan presently features a Zacks Rank of #3 (Hold).
Investors should also note OneSpan's current valuation metrics, including its Forward P/E ratio of 10.82. For comparison, its industry has an average Forward P/E of 29.87, which means OneSpan is trading at a discount to the group.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 62, placing it within the top 26% 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.