What is DA Davidson's Estimate for Onespan FY2025 Earnings?

Key Points

• DA Davidson has revised its FY2025 earnings estimates for ONESPAN, lowering its prediction from $1.17 to $1.15 per share.
• Additionally, Rosenblatt Securities reduced its target price on ONESPAN shares from $20.00 to $17.00 while maintaining a "buy" rating.
• ONESPAN has announced a quarterly dividend of $0.12 per share, reflecting an annualized dividend yield of 3.8% with a payout ratio of 31.79%.

Onespan Inc (NASDAQ:OSPN - Free Report) - DA Davidson cut their FY2025 earnings estimates for Onespan in a research report issued on Wednesday, August 6th. DA Davidson analyst R. Kessinger now anticipates that the company will post earnings of $1.15 per share for the year, down from their previous forecast of $1.17. The consensus estimate for Onespan's current full-year earnings is $1.11 per share.

A number of other research firms have also recently weighed in on OSPN. Rosenblatt Securities decreased their price target on Onespan from $20.00 to $17.00 and set a "buy" rating for the company in a report on Wednesday. Wall Street Zen cut shares of Onespan from a "buy" rating to a "hold" rating in a research report on Saturday.

Onespan Trading Up 1.6%

OSPN traded up $0.20 during trading on Friday, hitting $12.91. 701,382 shares of the company's stock were exchanged, compared to its average volume of 389,260. Onespan has a 1 year low of $12.51 and a 1 year high of $20.36. The stock has a 50 day moving average price of $15.77 and a 200 day moving average price of $16.16. The firm has a market cap of $494.84 million, a P/E ratio of 8.55 and a beta of 1.12.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in OSPN. Geode Capital Management LLC lifted its holdings in shares of Onespan by 1.7% during the second quarter. Geode Capital Management LLC now owns 967,103 shares of the company's stock worth $16,141,000 after buying an additional 15,741 shares during the last quarter. Jupiter Asset Management Ltd. boosted its holdings in Onespan by 4.0% in the second quarter. Jupiter Asset Management Ltd. now owns 254,599 shares of the company's stock valued at $4,249,000 after acquiring an additional 9,864 shares during the last quarter. Acadian Asset Management LLC boosted its holdings in Onespan by 21.3% in the second quarter. Acadian Asset Management LLC now owns 985,370 shares of the company's stock valued at $16,438,000 after acquiring an additional 173,185 shares during the last quarter. CSM Advisors LLC bought a new position in Onespan during the second quarter worth about $3,651,000. Finally, Los Angeles Capital Management LLC grew its holdings in Onespan by 53.9% during the second quarter. Los Angeles Capital Management LLC now owns 147,976 shares of the company's stock valued at $2,470,000 after purchasing an additional 51,815 shares during the period. 95.52% of the stock is owned by institutional investors.

Insider Buying and Selling at Onespan

In related news, Director Garry L. Capers purchased 2,000 shares of the company's stock in a transaction that occurred on Friday, August 8th. The shares were purchased at an average price of $13.07 per share, with a total value of $26,140.00. Following the purchase, the director owned 36,894 shares of the company's stock, valued at $482,204.58. This trade represents a 5.73% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Marc Zenner bought 2,200 shares of the business's stock in a transaction on Friday, August 8th. The stock was bought at an average price of $12.80 per share, with a total value of $28,160.00. Following the transaction, the director owned 71,273 shares in the company, valued at approximately $912,294.40. This represents a 3.19% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 0.90% of the company's stock.

Onespan Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 5th. Stockholders of record on Friday, August 15th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, August 15th. This represents a $0.48 annualized dividend and a dividend yield of 3.7%. Onespan's payout ratio is 31.79%.

Onespan Company Profile

OneSpan Inc, together with its subsidiaries, designs, develops, and markets digital solutions for identity, authentication, and secure digital agreements worldwide. The company offers OneSpan Sign, a range of e-signature requirements for occasional agreement to processing tens of thousands of transactions; OneSpan Cloud Authentication, a cloud-based multifactor authentication solution that supports a range of authentication options, including biometrics, push notification, and visual cryptograms for transaction data security, SMS, and hardware authenticators; and OneSpan Identity Verification, which enables banks and financial institutions identity verification services.