Onespan (NASDAQ:OSPN) Posts Earnings Results

Key Points

• Onespan reported a quarterly earnings per share (EPS) of $0.26, falling short of the consensus estimate of $0.27 by $0.01.
• The company announced a quarterly dividend of $0.12 per share, equivalent to an annualized yield of 3.4%.
• Institutional investor sentiment is strong, with 95.52% of Onespan's stock owned by institutional investors and hedge funds.

Onespan (NASDAQ:OSPN - Get Free Report) released its quarterly earnings data on Tuesday. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.01), Zacks reports. Onespan had a return on equity of 20.44% and a net margin of 24.90%. The company had revenue of $59.84 million during the quarter, compared to analysts' expectations of $59.05 million. Onespan updated its FY 2025 guidance to EPS.

Onespan Price Performance

OSPN stock traded down $1.31 during midday trading on Thursday, hitting $12.59. The stock had a trading volume of 426,964 shares, compared to its average volume of 408,483. Onespan has a 52-week low of $12.53 and a 52-week high of $20.36. The firm has a market cap of $481.12 million, a price-to-earnings ratio of 8.38 and a beta of 1.12. The business has a 50-day moving average of $15.90 and a two-hundred day moving average of $16.29.

Onespan Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 5th. Stockholders of record on Friday, August 15th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Friday, August 15th. Onespan's dividend payout ratio (DPR) is presently 31.79%.

Wall Street Analyst Weigh In

OSPN has been the topic of several analyst reports. Wall Street Zen downgraded shares of Onespan from a "strong-buy" rating to a "buy" rating in a research note on Thursday, May 22nd. Rosenblatt Securities dropped their target price on shares of Onespan from $20.00 to $17.00 and set a "buy" rating for the company in a report on Wednesday.

Institutional Investors Weigh In On Onespan

An institutional investor recently raised its position in Onespan stock. Comerica Bank raised its holdings in shares of Onespan Inc (NASDAQ:OSPN - Free Report) by 455.2% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,465 shares of the company's stock after purchasing an additional 2,021 shares during the period. Comerica Bank's holdings in Onespan were worth $38,000 at the end of the most recent quarter. Institutional investors own 95.52% of the company's stock.

About Onespan

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.