OneSpan shares gain 9.22% in month ahead of earnings
OneSpan (OSPN) shares rose 9.22% over the past month, outpacing the Computer and Technology sector's 4.03% gain and the S&P 500's 1.34% increase. The internet security company closed its latest trading session at $18.22, a 1.17% increase from the prior day. This daily performance exceeded the S&P 500's 0.6% gain, the Dow Jones Industrial Average's 0.83% rise, and the Nasdaq Composite's 0.64% advance.
OneSpan (OSPN) shares rose 9.22% over the past month, outpacing the Computer and Technology sector's 4.03% gain and the S&P 500's 1.34% increase. The internet security company closed its latest trading session at $18.22, a 1.17% increase from the prior day. This daily performance exceeded the S&P 500's 0.6% gain, the Dow Jones Industrial Average's 0.83% rise, and the Nasdaq Composite's 0.64% advance.
The company plans to announce its financial results on October 29, 2026. Analysts expect OneSpan to report earnings of $0.22 per share for the quarter, representing a year-over-year decline of 33.33%. The consensus estimate for quarterly revenue stands at $57.3 million, which is up 0.42% from the same period in the previous year.
For the full year, Zacks Consensus Estimates project earnings of $1.24 per share and revenue of $250.31 million. These figures indicate changes of -16.78% and +2.93%, respectively, compared to the preceding year. Over the past month, the Zacks Consensus EPS estimate remained stagnant.
OneSpan currently carries a Zacks Rank of #3, which corresponds to a Hold rating. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell) and integrates changes in analyst estimates to provide a rating system. According to Zacks Investment Research, #1 stocks have generated an average annual return of +25% since 1988, a result supported by an outside-audited track record.
In terms of valuation, OneSpan trades with a Forward P/E ratio of 14.48, a discount relative to the industry average Forward P/E of 20.7. The stock also trades at a PEG ratio of 1.32, a metric that incorporates expected earnings growth rates alongside price-to-earnings multiples. The average PEG ratio for the Internet - Software industry was 1.21 at the close of the most recent trading session.
The Internet - Software industry is part of the Computer and Technology sector and holds a Zacks Industry Rank of 105. This places the industry in the top 43% of all industries, which number over 250 in total. The Zacks Industry Rank evaluates industry groups by determining the average Zacks Rank of the individual stocks within them. Zacks Investment Research states that top 50% rated industries outperform the bottom half by a factor of 2 to 1.
The article originally published on Zacks Investment Research.