With 0.58 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.4 million shares. The 52-week range on OSPN shows that it touched its highest point at $20.36 and its lowest point at $11.70 during that stretch. It currently has a 1-year price target of $19.33. With its current market cap of 593.72 million, OSPN has annualized dividend of $0.12 while the current yield stands at 0.77%. Beta for the stock currently stands at 1.17.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of OSPN was up-trending over the past week, with a rise of 5.93%, but this was up by 14.44% over a month. Three-month performance dropped to -18.86% while six-month performance fell -6.89%. The stock gained 25.75% in the past year, while it has lost -16.24% so far this year. A look at the trailing 12-month EPS for OSPN yields 1.47 with Next year EPS estimates of 1.44. For the next quarter, that number is 0.29. This implies an EPS growth rate of 8.52% for this year and 0.70% for next year. EPS is expected to grow by 3.42% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 49.45%.
Float and Shares Shorts:
At present, 38.16 million OSPN shares are outstanding with a float of 35.64 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for OSPN since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.33458 being high and $1.28942 being low. For OSPN, this leads to a yearly average estimate of $1.31.