D.A. Davidson analyst Rudy Kessinger maintained a Hold rating on OneSpan (OSPN – Research Report) today and set a price target of $9.50. The company’s shares closed last Friday at $9.53.
According to TipRanks, Kessinger is a 2-star analyst with an average return of -0.4% and a 50.00% success rate. Kessinger covers the Technology sector, focusing on stocks such as Edgio, OneSpan, and CyberArk Software.
OneSpan has an analyst consensus of Moderate Buy, with a price target consensus of $11.50.
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Based on OneSpan’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $58.84 million and a GAAP net loss of $4.13 million. In comparison, last year the company earned a revenue of $57.15 million and had a GAAP net loss of $7.2 million
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OneSpan (OSPN) Company Description:
OneSpan, Inc. engages in the design, development, and marketing of security solutions for identity, security, and business productivity that protect and facilitate transactions online, via mobile devices, and in-person. Its solutions has the following functions: secure access to online accounts, data, assets, and applications for global enterprises; provide tools for application developers to easily integrate security functions into their web-based and mobile applications; and facilitate digital transactions involving the signing, sending, and managing of documents. The company was founded by T. Kendall Hunt in 1991 and is headquartered in Chicago, IL.
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