Oil prices hold sharp losses with focus on secondary India tariffs
Investing.com - OneSpan Inc. (NASDAQ:OSPN) has been added to DA Davidson’s STAMPEDE list under the "E - Excess Cash" category, while the firm maintained its Neutral rating and $15.00 price target on the stock. According to InvestingPro data, the company demonstrates strong financial health with an impressive ’GREAT’ overall score, holding more cash than debt on its balance sheet and maintaining a healthy current ratio of 1.77x.
DA Davidson highlighted OneSpan’s success in reducing costs and improving free cash flow generation over recent years, noting the company has already returned excess cash to shareholders through multiple channels. The company’s strong financial position is reflected in its attractive 10% free cash flow yield and robust gross profit margin of 74%.
The firm pointed to OneSpan’s approximately $25 million Dutch auction tender offer in December 2023, followed by the establishment of a $0.12 per share (approximately $4.6 million) quarterly dividend beginning in the first quarter of 2025.
DA Davidson also noted that OneSpan resumed merger and acquisition activity in June 2025, making its first acquisition in approximately 2.5 years.
With excess cash continuing to accumulate, DA Davidson believes further shareholder returns and/or additional M&A activity is "very likely" for OneSpan.
In other recent news, OneSpan Inc. reported financial results for the second quarter of 2025 that surpassed analysts’ expectations. The company achieved earnings per share of $0.34, exceeding the anticipated $0.29. Additionally, OneSpan’s revenue reached $59.8 million, outperforming the forecasted $59.03 million. These results indicate a strong performance for the quarter. The company’s better-than-expected earnings and revenue figures are noteworthy developments for investors. These recent developments reflect positively on OneSpan’s financial health. The positive earnings report has garnered attention from the investment community.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.