Comparing Onespan (OSPN) & Its Competitors

Onespan (NASDAQ:OSPN) is one of 959 public companies in the “Software” industry, but how does it contrast to its competitors? We will compare Onespan to similar businesses based on the strength of its profitability, institutional ownership, analyst recommendations, dividends, earnings, valuation and risk.

Analyst Recommendations

This is a summary of recent ratings for Onespan and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Onespan	0	3	2	0	2.40
Onespan Competitors	5842	21623	45017	1501	2.57

Onespan currently has a consensus price target of $24.00, indicating a potential upside of 9.09%. As a group, “Software” companies have a potential upside of 28.93%. Given Onespan’s competitors stronger consensus rating and higher possible upside, analysts plainly believe Onespan has less favorable growth aspects than its competitors.

Earnings and Valuation

This table compares Onespan and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Onespan	$243.18 million	$72.90 million	12.15
Onespan Competitors	$1.79 billion	$382.68 million	111.97

Onespan’s competitors have higher revenue and earnings than Onespan. Onespan is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Onespan and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Onespan	27.52%	15.96%	11.19%
Onespan Competitors	-599.60%	26.31%	-8.93%

Risk & Volatility

Onespan has a beta of 1.52, meaning that its stock price is 52% more volatile than the S&P 500. Comparatively, Onespan’s competitors have a beta of 1.35, meaning that their average stock price is 35% more volatile than the S&P 500.

Insider & Institutional Ownership

95.5% of Onespan shares are held by institutional investors. Comparatively, 41.5% of shares of all “Software” companies are held by institutional investors. 2.0% of Onespan shares are held by company insiders. Comparatively, 19.9% of shares of all “Software” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Dividends

Onespan pays an annual dividend of $0.52 per share and has a dividend yield of 2.4%. Onespan pays out 28.7% of its earnings in the form of a dividend. As a group, “Software” companies pay a dividend yield of 1.9% and pay out 48.0% of their earnings in the form of a dividend. Onespan is clearly a better dividend stock than its competitors, given its higher yield and lower payout ratio.

Summary

Onespan competitors beat Onespan on 9 of the 15 factors compared.

About Onespan

OneSpan Inc. provides cybersecurity and digital agreement solutions that help organizations protect digital interactions and transactions. Its offerings are used by financial institutions, government agencies and other businesses to support secure access, identity verification and digital workflows. The company’s products include authentication tools, such as hardware and software-based security credentials, and OneSpan Sign, an electronic signature solution. OneSpan also offers software and services for managing digital agreements and securing transactions across online and mobile channels.