The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, OneSpan Inc (NASDAQ: OSPN) closed at $17.18 down -5.76% from its previous closing price of $18.23. In other words, the price has decreased by -$5.76 from its previous closing price. On the day, 0.57 million shares were traded.
Ratios:
For a deeper understanding of OneSpan Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.32. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 1.76. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.04.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Sidoti on October 31, 2024, Upgraded its rating to Buy and sets its target price to $19 from $14 previously.
On September 06, 2024, Rosenblatt started tracking the stock assigning a Buy rating and target price of $20.
Sidoti Downgraded its Buy to Neutral on April 02, 2024, while the target price for the stock was maintained at $12.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 02 ’24 when McConnell Michael J sold 53,000 shares for $18.51 per share. The transaction valued at 981,030 led to the insider holds 20,849 shares of the business.
McConnell Michael J bought 5,000 shares of OSPN for $49,150 on Mar 15 ’24. The Director now owns 73,849 shares after completing the transaction at $9.83 per share. On Mar 15 ’24, another insider, Martell Jorge Garcia, who serves as the Chief Financial Officer of the company, sold 5,000 shares for $10.09 each. As a result, the insider received 50,460 and left with 30,599 shares of the company.
Valuation Measures:
As of this moment, OneSpan’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.25, and their Forward P/E ratio for the next fiscal year is 12.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.66 while its Price-to-Book (P/B) ratio in mrq is 3.35.
Stock Price History:
Over the past 52 weeks, OSPN has reached a high of $20.36, while it has fallen to a 52-week low of $9.22. The 50-Day Moving Average of the stock is -9.31%, while the 200-Day Moving Average is calculated to be 8.34%.
Shares Statistics:
A total of 37.91M shares are outstanding, with a floating share count of 35.42M. Insiders hold about 6.76% of the company’s shares, while institutions hold 90.58% stake in the company.
