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OneSpan (OSPN) Stock Declines While Market Improves: Some Information for Investors
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In the latest close session, OneSpan (OSPN - Free Report) was down 4.28% at $12.29. This move lagged the S&P 500's daily gain of 0.19%. At the same time, the Dow added 0.66%, and the tech-heavy Nasdaq lost 0.03%.
Shares of the internet security company have appreciated by 4.14% over the course of the past month, outperforming the Computer and Technology sector's gain of 0.02%, and the S&P 500's gain of 0.54%.
Market participants will be closely following the financial results of OneSpan in its upcoming release. In that report, analysts expect OneSpan to post earnings of $0.31 per share. This would mark year-over-year growth of 29.17%. At the same time, our most recent consensus estimate is projecting a revenue of $59.85 million, reflecting a 2.16% fall from the equivalent quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.44 per share and revenue of $240.11 million. These totals would mark changes of +9.09% and 0%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for OneSpan. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
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. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. As of now, OneSpan holds a Zacks Rank of #3 (Hold).
In terms of valuation, OneSpan is currently trading at a Forward P/E ratio of 8.89. This expresses a discount compared to the average Forward P/E of 24.2 of its industry.
The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 63, positioning it in the top 26% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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OneSpan (OSPN) Stock Declines While Market Improves: Some Information for Investors
In the latest close session, OneSpan (OSPN - Free Report) was down 4.28% at $12.29. This move lagged the S&P 500's daily gain of 0.19%. At the same time, the Dow added 0.66%, and the tech-heavy Nasdaq lost 0.03%.
Shares of the internet security company have appreciated by 4.14% over the course of the past month, outperforming the Computer and Technology sector's gain of 0.02%, and the S&P 500's gain of 0.54%.
Market participants will be closely following the financial results of OneSpan in its upcoming release. In that report, analysts expect OneSpan to post earnings of $0.31 per share. This would mark year-over-year growth of 29.17%. At the same time, our most recent consensus estimate is projecting a revenue of $59.85 million, reflecting a 2.16% fall from the equivalent quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.44 per share and revenue of $240.11 million. These totals would mark changes of +9.09% and 0%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for OneSpan. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
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. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. As of now, OneSpan holds a Zacks Rank of #3 (Hold).
In terms of valuation, OneSpan is currently trading at a Forward P/E ratio of 8.89. This expresses a discount compared to the average Forward P/E of 24.2 of its industry.
The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 63, positioning it in the top 26% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.