OneSpan -ONESPAN INC (OSPN) Hits Fresh High: Is There Still Room to Run?

Company Performance - OneSpan (OSPN) shares have increased by 7.7% over the past month and reached a new 52-week high of $19.09, with a year-to-date gain of 74.4% compared to 33% for the Zacks Computer and Technology sector and 39.6% for the Zacks Internet - Software industry [1] - The company has a strong record of positive earnings surprises, not missing earnings consensus estimates in the last four quarters, reporting EPS of$ 0.33 against a consensus estimate of $0.21 in its latest earnings report on October 30, 2024 [2] Valuation Metrics - OneSpan currently has a Value Score of D, with Growth and Momentum Scores of A and B respectively, resulting in a VGM Score of B [5] - The stock trades at 14X current fiscal year EPS estimates, below the peer industry average of 34.7X, and at 5X trailing cash flow compared to the peer group's average of 28.5X [5] Zacks Rank - OneSpan holds a Zacks Rank of 1 (Strong Buy) due to rising earnings estimates, aligning with the recommendation for investors to select stocks with Zacks Rank of 1 or 2 and Style Scores of A or B [6] Industry Comparison - The Internet - Software industry is in the top 14% of all industries, indicating favorable conditions for both OneSpan and its peer AppFolio, Inc. (APPF) [9] - AppFolio has a Zacks Rank of 2 (Buy) and reported a 27.45% earnings beat, with expected earnings of$ 5.66 per share on revenue of $790.55 million for the current fiscal year [7][8]