OneSpan Inc [OSPN] stock is trading at $11.63, down -0.77%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The OSPN shares have gain 5.06% over the last week, with a monthly amount glided 22.81%, and seem to be holding up well over a long-time horizon.
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On 6, March 2024, OneSpan Reports Fourth Quarter and Full Year 2023 Financial Results. In a post published today on Yahoo Finance, Fourth quarter revenue grew 11% year-over-year to $62.9 million; full year revenue grew 7% year-over-year to $235.1 million.
From an analyst’s perspective:
OneSpan Inc [NASDAQ: OSPN] stock has seen the most recent analyst activity on August 10, 2023, when DA Davidson downgraded its rating to a Neutral and also revised its price target to $12 from $19. Previously, Craig Hallum started tracking the stock with Buy rating on February 02, 2022, and set its price target to $28. On April 15, 2021, upgrade upgraded it’s rating to Buy but maintained its price target of $39 on the stock. DA Davidson started tracking the stock assigning a Buy rating and suggested a price target of $35 on March 31, 2021. Sidoti downgraded its rating to a Neutral but $27 remained the price target by the analyst firm on February 19, 2021. Needham started tracking with a Buy rating for this stock on May 19, 2020, and assigned it a price target of $24.
OneSpan Inc [OSPN] stock has fluctuated between $7.64 and $18.61 over the past year. OneSpan Inc [NASDAQ: OSPN] shares were valued at $11.63 at the most recent close of the market.
Analyzing the OSPN fundamentals
OneSpan Inc [NASDAQ:OSPN] reported sales of 235.11M for the trailing twelve months, which represents a growth of 11.14%. Gross Profit Margin for this corporation currently stands at 0.67% with Operating Profit Margin at -0.1%, Pretax Profit Margin comes in at -0.12%, and Net Profit Margin reading is -0.13%. To continue investigating profitability, this company’s Return on Assets is posted at -0.1, Equity is -0.17 and Total Capital is -0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.06.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 11.45 points at the first support level, and at 11.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.78, and for the 2nd resistance point, it is at 11.93.
OneSpan Inc [OSPN] reported earnings per share of $0.19 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.03/share, meaning a difference of $0.16 and a surprise factor of 533.30%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.09 per share as compared to estimates of -$0.04 per share, a difference of $0.13 representing a surprise of 325.00%.
Ratios To Look Out For
For context, OneSpan Inc’s Current Ratio is 1.27. Also, the Quick Ratio is 1.14, while the Cash Ratio stands at 0.38. Considering the valuation of this stock, the price to sales ratio is 1.87, the price to book ratio is 2.74.
Transactions by insiders
Recent insider trading involved McConnell Michael J, Director, that happened on Mar 15 ’24 when 5000.0 shares were purchased. Chief Financial Officer, Martell Jorge Garcia completed a deal on Mar 15 ’24 to sell 5000.0 shares. Meanwhile, Director Zenner Marc bought 2500.0 shares on Mar 13 ’24.
