Rosenblatt Securities assumed coverage on shares of OneSpan (NASDAQ:OSPN – Free Report) in a report published on Friday, Marketbeat Ratings reports. The firm issued a buy rating and a $20.00 price target on the stock.
OneSpan Price Performance
Shares of NASDAQ OSPN opened at $14.91 on Friday. The stock has a market capitalization of $564.28 million, a price-to-earnings ratio of -82.83 and a beta of 0.76. The firm’s 50 day simple moving average is $14.50 and its 200-day simple moving average is $12.62. OneSpan has a 12 month low of $7.64 and a 12 month high of $16.41.
OneSpan (NASDAQ:OSPN – Get Free Report) last released its quarterly earnings results on Thursday, August 1st. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.19 by $0.08. OneSpan had a net margin of 6.60% and a return on equity of 18.69%. The company had revenue of $60.92 million for the quarter. During the same quarter in the prior year, the business posted ($0.27) EPS. Analysts anticipate that OneSpan will post 0.94 earnings per share for the current fiscal year.
Hedge Funds Weigh In On OneSpan
OneSpan Company Profile
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.
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