Last Updated: 10 Nov 2024
Executive Summary
OneSpan Inc. (OSPN) is a leading provider of digital solutions for identity, security, and business productivity. The company has a strong financial position with a market capitalization of $661.8 million and an EBITDA of $52.5 million. The stock is currently trading at $17.42, near its 52-week high of $17.76. Analysts have a consensus rating of "Buy" on the stock, with an average target price of $17.33.
Company Overview
OneSpan Inc. designs, develops, and markets digital solutions for identity, security, and business productivity. The company's products include digital signing, electronic signatures, identity verification, and fraud detection. OneSpan serves a wide range of industries, including financial services, healthcare, government, and retail.
Fundamental Analysis
OneSpan Inc. has a strong financial position. The company has a gross profit margin of 60.7%, an operating margin of 21.2%, and a net profit margin of 11.7%. The company's revenue has grown by an average of 10% over the past five years. OneSpan Inc. is also profitable, with a net income of $26.2 million in the past twelve months.
Technical Analysis
The technical analysis of OneSpan Inc. stock shows that the stock is in a bullish trend. The stock price has been trading above its 50-day and 200-day moving averages for the past several months. The stock also has a relative strength index (RSI) of 65, which indicates that it is overbought.
Short Term Outlook
The short term outlook for OneSpan Inc. stock is positive. The stock is trading near its 52-week high and has a strong technical trend. The company also has a strong financial position and is expected to continue to grow its revenue and earnings.
Long Term Outlook
The long term outlook for OneSpan Inc. stock is also positive. The company is a leader in the digital identity and security market, and its products are in high demand. The company is also expected to benefit from the growing trend towards digital transformation.
Analyst Recommendations
Analysts have a consensus rating of "Buy" on OneSpan Inc. stock, with an average target price of $17.33. The analysts believe that the company is a good investment due to its strong financial position, positive technical trend, and long term growth prospects.
