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OneSpan (OSPN) Registers a Bigger Fall Than the Market: Important Facts to Note
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OneSpan (OSPN - Free Report) closed the most recent trading day at $14.82, moving -1.79% from the previous trading session. The stock's change was less than the S&P 500's daily loss of 0.45%. Meanwhile, the Dow lost 0.25%, and the Nasdaq, a tech-heavy index, lost 1.16%.
The internet security company's shares have seen an increase of 6.49% over the last month, surpassing the Computer and Technology sector's gain of 0.38% and the S&P 500's gain of 2.14%.
Investors will be eagerly watching for the performance of OneSpan in its upcoming earnings disclosure. The company is expected to report EPS of $0.25, down 26.47% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $57.75 million, indicating a 3.49% downward movement from the same quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $1.23 per share and revenue of $246.53 million, indicating changes of -17.45% and +1.38%, respectively, compared to the previous year.
It's also important for investors to be aware of any recent modifications to analyst estimates for OneSpan. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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 ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. OneSpan is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note OneSpan's current valuation metrics, including its Forward P/E ratio of 12.27. For comparison, its industry has an average Forward P/E of 19.77, which means OneSpan is trading at a discount to the group.
Also, we should mention that OSPN has a PEG ratio of 1.12. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Internet - Software industry held an average PEG ratio of 1.09.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 95, placing it within the top 39% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. 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.
View the Zacks #1 Rank List
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OneSpan (OSPN) Registers a Bigger Fall Than the Market: Important Facts to Note
OneSpan (OSPN - Free Report) closed the most recent trading day at $14.82, moving -1.79% from the previous trading session. The stock's change was less than the S&P 500's daily loss of 0.45%. Meanwhile, the Dow lost 0.25%, and the Nasdaq, a tech-heavy index, lost 1.16%.
The internet security company's shares have seen an increase of 6.49% over the last month, surpassing the Computer and Technology sector's gain of 0.38% and the S&P 500's gain of 2.14%.
Investors will be eagerly watching for the performance of OneSpan in its upcoming earnings disclosure. The company is expected to report EPS of $0.25, down 26.47% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $57.75 million, indicating a 3.49% downward movement from the same quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $1.23 per share and revenue of $246.53 million, indicating changes of -17.45% and +1.38%, respectively, compared to the previous year.
It's also important for investors to be aware of any recent modifications to analyst estimates for OneSpan. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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 ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. OneSpan is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note OneSpan's current valuation metrics, including its Forward P/E ratio of 12.27. For comparison, its industry has an average Forward P/E of 19.77, which means OneSpan is trading at a discount to the group.
Also, we should mention that OSPN has a PEG ratio of 1.12. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Internet - Software industry held an average PEG ratio of 1.09.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 95, placing it within the top 39% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. 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.