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) Surpasses Market Returns: Some Facts Worth Knowing
Read MoreHide Full Article
In the latest market close, OneSpan (OSPN - Free Report) reached $19.35, with a +1.52% movement compared to the previous day. The stock exceeded the S&P 500, which registered a gain of 0.39% for the day. Elsewhere, the Dow gained 0.71%, while the tech-heavy Nasdaq added 0.2%.
The the stock of internet security company has risen by 3.19% in the past month, leading the Computer and Technology sector's gain of 0.04% and the S&P 500's gain of 1.7%.
The investment community will be closely monitoring the performance of OneSpan in its forthcoming earnings report. The company is scheduled to release its earnings on February 27, 2025. In that report, analysts expect OneSpan to post earnings of $0.27 per share. This would mark year-over-year growth of 42.11%.
Investors should also note any recent changes to analyst estimates for OneSpan. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. OneSpan is currently a Zacks Rank #3 (Hold).
Investors should also note OneSpan's current valuation metrics, including its Forward P/E ratio of 12.88. This represents a discount compared to its industry's average Forward P/E of 31.7.
The Internet - Software industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 68, finds itself in the top 28% echelons of all 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.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
OneSpan (OSPN) Surpasses Market Returns: Some Facts Worth Knowing
In the latest market close, OneSpan (OSPN - Free Report) reached $19.35, with a +1.52% movement compared to the previous day. The stock exceeded the S&P 500, which registered a gain of 0.39% for the day. Elsewhere, the Dow gained 0.71%, while the tech-heavy Nasdaq added 0.2%.
The the stock of internet security company has risen by 3.19% in the past month, leading the Computer and Technology sector's gain of 0.04% and the S&P 500's gain of 1.7%.
The investment community will be closely monitoring the performance of OneSpan in its forthcoming earnings report. The company is scheduled to release its earnings on February 27, 2025. In that report, analysts expect OneSpan to post earnings of $0.27 per share. This would mark year-over-year growth of 42.11%.
Investors should also note any recent changes to analyst estimates for OneSpan. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. OneSpan is currently a Zacks Rank #3 (Hold).
Investors should also note OneSpan's current valuation metrics, including its Forward P/E ratio of 12.88. This represents a discount compared to its industry's average Forward P/E of 31.7.
The Internet - Software industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 68, finds itself in the top 28% echelons of all 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.