The purpose of this analysis is to inform readers about those companies that, after a temporary decline, are ready to follow the underlying positive medium-long term trend (Buy the Dip) based on the target price expected by analysts.
In the “card” supplied with the company chart it is possible to find information on analysts’ expectations about the future of the company.
In particular, ideal companies should possess the following characteristics:
- positive medium-long term price trend
- signs of recovery after a temporary decline lasting a few days / week
- analysts expect further stock price growth in the coming months
- analysts expect growth in EPS (Earnings-Per-Share) over the next 5 years
- in the last quarterly report the company reported higher EPS than analysts’ expectations
The pause of a trend does not guarantee a subsequent continuation, but may indicate the beginning of a negative trend. The purpose of this analysis is purely informative.
OneSpan Inc. (OSPN)
OneSpan is a publicly traded cybersecurity technology company based in Chicago, Illinois with offices in Montreal, Brussels and Zurich. The company offers a cloud-based and open architected anti-fraud platform and is historically known for its multi-factor authentication and electronic signature software.
The target price of OSPN set by analysts is $ 24,80 , which represents a potential 34,34% upside compared to current price.
Furthermore, they expect an annual 2,00% Earnings-Per-Share (EPS) growth for the next 5 years.
In the last quarter, OSPN reported Earnings-Per-Share (EPS) 157,14% higher than analysts’ expectations.
Sources & additional info
For each company the relative chart and a “card” containing the following information will be shown:
- Target price set by the analysts and the consequent Up / Downside potential as a percentage of the current price is indicated.
- Expected annual growth rate of Earnings-Per-Share (EPS) in the next 5 years.
- EPS Surprise, or how much the EPS (Earnings-Per-Share) reported in the last quarter were higher/lower than the analysts’ expectations.
- General information on the company as Market Cap., Industry and Dividend Yield.
*Cards information (and company description) by finance.yahoo.com and barchart.com
*Charts by tradingview.com (the black line represents the S&P 500 index)
Differences with the real “buy the dip” strategy
Generally the “buy the dip” strategy refers to buying shares of a company during a decline. This analysis differs because the potential entry point is after the decline has stopped and the stock price is ready to returning in the direction of the main positive trend.
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DISCLAIMER: The information in this blog post represents my own analysis/opinions and does not contain a recommendation for any particular security or investment. Stocks trading involves substantial risk of loss and is not suitable for every investor. Trade responsibly.