Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with OneSpan (OSPN) currently holding a Momentum Style Score of B [2] - Style Scores complement the Zacks Rank system, which has a strong track record of outperforming the market; OSPN has a Zacks Rank of 1 (Strong Buy) [3] Group 2: OneSpan's Performance Metrics - OSPN shares have increased by 6.94% over the past week, outperforming the Zacks Internet - Software industry, which rose by 5.38% [6] - Over the last quarter, OSPN shares rose by 10.92%, and over the past year, they increased by 75.47%, while the S&P 500 only moved 7.42% and 32.55%, respectively [7] - The average 20-day trading volume for OSPN is 460,511 shares, indicating a bullish sign if the stock is rising with above-average volume [8] Group 3: Earnings Outlook - Recent earnings estimate revisions for OSPN show one upward revision and no downward revisions, increasing the consensus estimate from $1.16 to $1.34 over the past 60 days [10] - For the next fiscal year, there has been one upward estimate revision with no downward changes, indicating positive earnings outlook [10] - Given these factors, OSPN is positioned as a 1 (Strong Buy) stock with a Momentum Score of B, making it a potential pick for near-term gains [11]

Core Viewpoint - The article discusses the reliability of brokerage recommendations, particularly focusing on OneSpan (OSPN), and emphasizes the importance of using these recommendations in conjunction with other analytical tools for making investment decisions [1][4]. Group 1: Brokerage Recommendations - OneSpan has an average brokerage recommendation (ABR) of 1.80, indicating a rating between Strong Buy and Buy, based on recommendations from five brokerage firms [2]. - Out of the five recommendations, three are classified as Strong Buy, accounting for 60% of the total recommendations [2]. - Despite the positive ABR, the article cautions against making investment decisions solely based on this metric, as studies show limited success of brokerage recommendations in predicting stock price increases [4]. Group 2: Analyst Bias and Tools - Analysts from brokerage firms often exhibit a strong positive bias in their ratings due to vested interests, leading to a higher number of Strong Buy recommendations compared to Strong Sell recommendations [5][9]. - The Zacks Rank, a proprietary stock rating tool, is presented as a more reliable indicator of near-term price performance, based on earnings estimate revisions [7][10]. - The Zacks Rank is distinct from the ABR, as it is a quantitative model that reflects timely earnings estimate revisions, while the ABR may not always be up-to-date [8][11]. Group 3: Earnings Estimates and Investment Potential - The Zacks Consensus Estimate for OneSpan has increased by 18.1% over the past month, reaching $1.34, indicating growing optimism among analysts regarding the company's earnings prospects [12]. - The significant change in the consensus estimate, along with other factors, has resulted in a Zacks Rank of 1 (Strong Buy) for OneSpan, suggesting potential for stock appreciation [13].

Shares of OneSpan (OSPN) have been strong performers lately, with the stock up 11% over the past month. The stock hit a new 52-week high of $17.76 in the previous session. OneSpan has gained 62.5% since the start of the year compared to the 31.4% move for the Zacks Computer and Technology sector and the 30.9% return for the Zacks Internet - Software industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

OneSpan Inc. (NASDAQ: OSPN ) reported Q3 2024 earnings , with results in line with expectations and guidance. The company's revenues decreased YoY, but were primarily driven by hardware and software sunsetting, with growth ex-hardware of 5.5%. More importantly, the company continues to expandLong-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspect ...

Investor Presentation – Q3 2024 October 30, 2024 Forward Looking Statements This presentation contains forward-looking statements within the meaning of applicable U.S. securities laws, including statements regarding our 2024 financial guidance and our plans to drive efficient revenue growth, profitability and cash flow and our general expectations regarding our operational or financial performance in the future. Forwardlooking statements may be identified by words such as "seek", "believe", "plan", "estimat ...

OneSpan Inc. (NASDAQ:OSPN) Q3 2024 Earnings Call October 30, 2024 4:30 PM ET Company Participants Joe Maxa - Vice President, Investor Relations Victor Limongelli - Chief Executive Officer Jorge Martell - Chief Financial Officer Conference Call Participants Catharine Trebnick - Rosenblatt Securities Trevor Rambo - BTIG Anja Soderstrom - Sidoti Operator Good day and thank you for standing by. Welcome to the OneSpan Q3 2024 Earnings Conference Call. [Operator Instructions] Please be advised that today’s confer ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________ FORM 10-Q _____________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _______ TO Commission file number 000-24389 ________________ ...

Exhibit 99.1 OneSpan Reports Third Quarter 2024 Financial Results • Operating income was $11.3 million, compared to an operating loss of $4.8 million in the year-ago period • Revenue decreased 4% year-over-year to $56.2 million • Subscription revenue increased 29% year-over-year to $33.6 million • Annual Recurring Revenue (ARR) increased 9% year-over-year to $163.9 million 1 • Net Retention Rate (NRR) of 106% 2 BOSTON, October 30, 2024 – OneSpan Inc. (NASDAQ: OSPN) today reported financial results for the t ...

In the latest market close, OneSpan (OSPN) reached $14.58, with a +0.83% movement compared to the previous day. The stock exceeded the S&P 500, which registered a loss of 0.03% for the day. Elsewhere, the Dow lost 0.61%, while the tech-heavy Nasdaq added 0.56%.The the stock of internet security company has fallen by 10.3% in the past month, lagging the Computer and Technology sector's gain of 1.65% and the S&P 500's gain of 1.39%.The investment community will be paying close attention to the earnings perfor ...