In the latest close session, OneSpan (OSPN) was up +2.65% at $15.49. The stock exceeded the S&P 500, which registered a gain of 0.38% for the day. Meanwhile, the Dow experienced a rise of 0.02%, and the technology-dominated Nasdaq saw an increase of 0.9%.
Coming into today, shares of the internet security company had gained 6.04% in the past month. In that same time, the Computer and Technology sector lost 1.5%, while the S&P 500 gained 1.27%.
Market participants will be closely following the financial results of OneSpan in its upcoming release. The company plans to announce its earnings on August 4, 2026. The company's upcoming EPS is projected at $0.25, signifying a 26.47% drop compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $57.75 million, showing a 3.49% drop compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $1.23 per share and revenue of $246.53 million, which would represent changes of -17.45% and +1.38%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for OneSpan. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. OneSpan currently has a Zacks Rank of #3 (Hold).
In terms of valuation, OneSpan is currently trading at a Forward P/E ratio of 12.27. This represents a discount compared to its industry average Forward P/E of 20.06.
It is also worth noting that OSPN currently has a PEG ratio of 1.12. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Internet - Software stocks are, on average, holding a PEG ratio of 1.08 based on yesterday's closing prices.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 97, putting it in the top 40% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
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This article originally published on Zacks Investment Research (zacks.com).