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NASDAQ:OSPN

OneSpan (OSPN) Stock Price, News & Analysis

OneSpan logo
$16.18
-0.50 (-3.00%)
(As of 11/1/2024 ET)

About OneSpan Stock (NASDAQ:OSPN)

Key Stats

Today's Range
$15.98
$16.88
50-Day Range
$14.46
$16.68
52-Week Range
$7.93
$17.73
Volume
544,650 shs
Average Volume
324,758 shs
Market Capitalization
$614.68 million
P/E Ratio
21.86
Dividend Yield
N/A
Price Target
$17.13
Consensus Rating
Moderate Buy

Company Overview

OneSpan Inc., together with its subsidiaries, designs, develops, and markets digital solutions for identity, authentication, and secure digital agreements worldwide. The company offers OneSpan Sign, a range of e-signature requirements for occasional agreement to processing tens of thousands of transactions; OneSpan Cloud Authentication, a cloud-based multifactor authentication solution that supports a range of authentication options, including biometrics, push notification, and visual cryptograms for transaction data security, SMS, and hardware authenticators; and OneSpan Identity Verification, which enables banks and financial institutions identity verification services. It also provides Mobile Security Suite, a software development kit that protect mobile transactions; Digipass Authenticators, consisting of a wide variety of authentication devices; authentication servers that provides a range of strong authentication utilities and solutions designed to allow organizations to securely authenticate users and transactions; and Digipass FX1 BIO, a physical passkey with fingerprint scan built for the workforce authentication market. In addition, it offers Virtual Room, a purpose-built, high-assurance solution that blends the simplicity of a consumer video collaboration app with high-assurance identity and authentication security; OneSpan Notary, an online notary solution developed for organizations with in-house notaries; and OneSpan Trust Vault, a blockchain-based decentralized digital storage solution that helps organizations meet compliance, regulatory, and chain of custody requirements for critical documents. It sells its solutions through its direct sales force, as well as through distributors, resellers, systems integrators, and original equipment manufacturers. The company was formerly known as VASCO Data Security International, Inc. and changed its name to OneSpan Inc. in May 2018. OneSpan Inc. was founded in 1991 and is headquartered in Boston, Massachusetts.

OneSpan Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
76th Percentile Overall Score

OSPN MarketRank™: 

OneSpan scored higher than 76% of companies evaluated by MarketBeat, and ranked 238th out of 667 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    OneSpan has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    OneSpan has only been the subject of 2 research reports in the past 90 days.

  • Read more about OneSpan's stock forecast and price target.
  • Earnings Growth

    Earnings for OneSpan are expected to grow by 10.71% in the coming year, from $1.12 to $1.24 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of OneSpan is 21.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.35.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of OneSpan is 21.86, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 252.90.

  • Price to Book Value per Share Ratio

    OneSpan has a P/B Ratio of 3.16. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about OneSpan's valuation and earnings.
  • Percentage of Shares Shorted

    4.94% of the float of OneSpan has been sold short.
  • Short Interest Ratio / Days to Cover

    OneSpan has a short interest ratio ("days to cover") of 4.7.
  • Change versus previous month

    Short interest in OneSpan has recently increased by 7.36%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    OneSpan does not currently pay a dividend.

  • Dividend Growth

    OneSpan does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    4.94% of the float of OneSpan has been sold short.
  • Short Interest Ratio / Days to Cover

    OneSpan has a short interest ratio ("days to cover") of 4.7.
  • Change versus previous month

    Short interest in OneSpan has recently increased by 7.36%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    OneSpan has a news sentiment score of 0.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.41 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 19 news articles for OneSpan this week, compared to 2 articles on an average week.
  • Search Interest

    3 people have searched for OSPN on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • MarketBeat Follows

    Only 2 people have added OneSpan to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, OneSpan insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.90% of the stock of OneSpan is held by insiders.

  • Percentage Held by Institutions

    95.52% of the stock of OneSpan is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about OneSpan's insider trading history.
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OSPN Stock News Headlines

What is DA Davidson's Estimate for OneSpan FY2024 Earnings?
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Q3 2024 OneSpan Inc Earnings Call
OneSpan’s Strong Subscription Growth Amid Revenue Dip
Rosenblatt Securities Reiterates Buy Rating for OneSpan (NASDAQ:OSPN)
OneSpan Inc. 2024 Q3 - Results - Earnings Call Presentation
See More Headlines

OSPN Stock Analysis - Frequently Asked Questions

OneSpan's stock was trading at $10.72 at the start of the year. Since then, OSPN shares have increased by 50.9% and is now trading at $16.18.
View the best growth stocks for 2024 here
.

OneSpan Inc. (NASDAQ:OSPN) issued its quarterly earnings data on Thursday, August, 1st. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.08. The company earned $60.92 million during the quarter. OneSpan had a trailing twelve-month return on equity of 23.27% and a net margin of 11.73%.

Top institutional shareholders of OneSpan include Assenagon Asset Management S.A. (0.89%), Essex Investment Management Co. LLC (0.68%), IQ EQ FUND MANAGEMENT IRELAND Ltd (0.33%) and Inspire Investing LLC (0.14%). Insiders that own company stock include Michael J Mcconnell, Marc Zenner and T Kendall Hunt.
View institutional ownership trends
.

Shares of OSPN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that OneSpan investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and Palo Alto Networks (PANW).

Company Calendar

Last Earnings
8/01/2024
Today
11/02/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
3/05/2025

Industry, Sector and Symbol

Industry
Computer integrated systems design
Sub-Industry
Computer Software
Current Symbol
NASDAQ:OSPN
Employees
526
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$17.13
High Stock Price Target
$20.00
Low Stock Price Target
$12.50
Potential Upside/Downside
+5.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$-29,800,000.00
Pretax Margin
14.01%

Debt

Sales & Book Value

Annual Sales
$235.11 million
Book Value
$5.12 per share

Miscellaneous

Free Float
37,530,000
Market Cap
$614.68 million
Optionable
Optionable
Beta
0.75
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This page (NASDAQ:OSPN) was last updated on 11/2/2024 by MarketBeat.com Staff
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