OneSpan (OSPN) to Release Quarterly Earnings on Thursday

OneSpan (NASDAQ:OSPN - Get Free Report) is anticipated to announce its earnings results after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of $0.27 per share for the quarter. Investors that are interested in registering for the company's conference call can do so using this link.

OneSpan Price Performance

Shares of NASDAQ:OSPN traded down $0.89 during trading on Friday, hitting $17.34. 185,197 shares of the company's stock were exchanged, compared to its average volume of 376,936. OneSpan has a 52-week low of $9.22 and a 52-week high of $20.36. The business's 50-day simple moving average is $18.98 and its 200 day simple moving average is $17.17. The company has a market cap of $658.75 million, a price-to-earnings ratio of 23.43 and a beta of 0.77.

OneSpan Dividend Announcement

The firm also recently announced a -- dividend, which was paid on Friday, February 14th. Investors of record on Friday, January 31st were given a dividend of $0.12 per share. The ex-dividend date was Friday, January 31st. OneSpan's dividend payout ratio is currently 64.86%.

Insider Transactions at OneSpan

In related news, Director Michael J. Mcconnell sold 53,000 shares of the firm's stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $18.51, for a total transaction of $981,030.00. Following the completion of the sale, the director now directly owns 20,849 shares of the company's stock, valued at approximately $385,914.99. This trade represents a 71.77 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.90% of the company's stock.

Analyst Ratings Changes

Several analysts recently issued reports on OSPN shares. Sidoti upgraded OneSpan from a "neutral" rating to a "buy" rating and increased their target price for the stock from $14.00 to $19.00 in a research report on Thursday, October 31st. Rosenblatt Securities raised their price target on OneSpan from $18.00 to $22.00 and gave the company a "buy" rating in a report on Monday, December 16th. Finally, StockNews.com upgraded OneSpan from a "buy" rating to a "strong-buy" rating in a report on Monday, November 4th. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $17.63.

About OneSpan

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.