OneSpan (OSPN) Stock Slides as Market Rises: Facts to Know Before You Trade

Company Performance - OneSpan (OSPN) stock decreased by 1.99% to $17.69, underperforming the S&P 500 which gained 0.61% [1] - Over the past month, OneSpan shares increased by 8.87%, outperforming the Computer and Technology sector's gain of 5.6% and the S&P 500's gain of 3.85% [1] Earnings Forecast - OneSpan is expected to report an EPS of $0.27, reflecting a 12.9% decline compared to the same quarter last year [2] - For the full year, earnings are projected at $1.45 per share, indicating a 9.85% increase, while revenue is expected to remain unchanged at $0 million [2] Analyst Estimates - Recent adjustments to analyst estimates for OneSpan are noteworthy, as they indicate evolving short-term business trends [3] - Positive estimate revisions suggest analyst optimism regarding the company's business and profitability [3] Valuation Metrics - OneSpan currently has a Forward P/E ratio of 12.45, which is a discount compared to the industry average Forward P/E of 28.96 [6] - The Internet - Software industry, which includes OneSpan, has a Zacks Industry Rank of 62, placing it in the top 26% of over 250 industries [6] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), shows that OneSpan currently holds a Zacks Rank of 3 (Hold) [5] - The Zacks Rank has a proven track record, with 1 stocks generating an average annual return of +25% since 1988 [5]