Currently, there are 38.16M common shares owned by the public and among those 35.62M shares have been available to trade.
The company’s stock has a 5-day price change of -2.68% and -7.25% over the past three months. OSPN shares are trading -14.75% year to date (YTD), with the 12-month market performance up to 24.16% higher. It has a 12-month low price of $12.27 and touched a high of $20.36 over the same period. OSPN has an average intraday trading volume of 414.51K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.74%, 3.02%, and -4.98% respectively.
Institutional ownership of OneSpan Inc (NASDAQ: OSPN) shares accounts for 93.75% of the company’s 38.16M shares outstanding.
It has a market capitalization of $604.23M and a beta (3y monthly) value of 1.17. The stock’s trailing 12-month PE ratio is 10.74, while the earnings-per-share (ttm) stands at $1.47. The company has a PEG of 3.14 and a Quick Ratio of 1.83 with the debt-to-equity ratio at 0.04. Price movements for the stock have been influenced by the stock’s volatility, which stands at 0.93% over the week and 1.68% over the month.
Earnings per share for the fiscal year are expected to increase by 8.52%, and 0.70% over the next financial year. EPS should shrink at an annualized rate of 3.42% over the next five years, compared to 49.45% over the past 5-year period.
Looking at the support for the OSPN, a number of firms have released research notes about the stock. Sidoti stated their Buy rating for the stock in a research note on October 31, 2024, with the firm’s price target at $14-$19. Rosenblatt coverage for the OneSpan Inc (OSPN) stock in a research note released on September 06, 2024 offered a Buy rating with a price target of $20. Sidoti was of a view on April 02, 2024 that the stock is Neutral, while DA Davidson gave the stock Neutral rating on August 10, 2023, issuing a price target of $19- $12. Craig Hallum on their part issued Buy rating on February 02, 2022.
