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OneSpan (OSPN) Rises As Market Takes a Dip: Key Facts
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OneSpan (OSPN - Free Report) closed at $17.83 in the latest trading session, marking a +1.77% move from the prior day. This change outpaced the S&P 500's 0.45% loss on the day. At the same time, the Dow lost 0.63%, and the tech-heavy Nasdaq lost 0.78%.
The internet security company's stock has climbed by 9.98% in the past month, exceeding the Computer and Technology sector's loss of 1.27% and the S&P 500's loss of 1.99%.
The upcoming earnings release of OneSpan will be of great interest to investors. It is anticipated that the company will report an EPS of $0.22, marking a 33.33% fall compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $57.3 million, indicating a 0.42% increase compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.24 per share and revenue of $250.31 million. These totals would mark changes of -16.78% and +2.93%, respectively, from last year.
Investors should also pay attention to any latest changes in analyst estimates for OneSpan. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. OneSpan is currently sporting a Zacks Rank of #3 (Hold).
From a valuation perspective, OneSpan is currently exchanging hands at a Forward P/E ratio of 14.09. For comparison, its industry has an average Forward P/E of 20.2, which means OneSpan is trading at a discount to the group.
One should further note that OSPN currently holds a PEG ratio of 1.28. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Internet - Software industry was having an average PEG ratio of 1.16.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 85, placing it within the top 35% 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.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
View the Zacks #1 Rank List
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OneSpan (OSPN) Rises As Market Takes a Dip: Key Facts
OneSpan (OSPN - Free Report) closed at $17.83 in the latest trading session, marking a +1.77% move from the prior day. This change outpaced the S&P 500's 0.45% loss on the day. At the same time, the Dow lost 0.63%, and the tech-heavy Nasdaq lost 0.78%.
The internet security company's stock has climbed by 9.98% in the past month, exceeding the Computer and Technology sector's loss of 1.27% and the S&P 500's loss of 1.99%.
The upcoming earnings release of OneSpan will be of great interest to investors. It is anticipated that the company will report an EPS of $0.22, marking a 33.33% fall compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $57.3 million, indicating a 0.42% increase compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.24 per share and revenue of $250.31 million. These totals would mark changes of -16.78% and +2.93%, respectively, from last year.
Investors should also pay attention to any latest changes in analyst estimates for OneSpan. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. OneSpan is currently sporting a Zacks Rank of #3 (Hold).
From a valuation perspective, OneSpan is currently exchanging hands at a Forward P/E ratio of 14.09. For comparison, its industry has an average Forward P/E of 20.2, which means OneSpan is trading at a discount to the group.
One should further note that OSPN currently holds a PEG ratio of 1.28. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Internet - Software industry was having an average PEG ratio of 1.16.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 85, placing it within the top 35% 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.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.