Head-To-Head Comparison: OneSpan (NASDAQ:OSPN) versus Plum Acquisition Corp. I (NASDAQ:PLMI)

Plum Acquisition Corp. I (NASDAQ:PLMI) and OneSpan (NASDAQ:OSPN) are both small-cap computer and technology companies, but which is the superior stock? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, dividends, risk, profitability, earnings and institutional ownership.

Analyst Recommendations

This is a breakdown of recent ratings and target prices for Plum Acquisition Corp. I and OneSpan, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Plum Acquisition Corp. I	0	0	0	0	N/A
OneSpan	0	2	2	0	2.50

OneSpan has a consensus target price of $15.38, suggesting a potential upside of 2.64%. Given OneSpan’s higher probable upside, analysts clearly believe OneSpan is more favorable than Plum Acquisition Corp. I.

Risk and Volatility

Plum Acquisition Corp. I has a beta of 0.02, meaning that its stock price is 98% less volatile than the S&P 500. Comparatively, OneSpan has a beta of 0.77, meaning that its stock price is 23% less volatile than the S&P 500.

Profitability

This table compares Plum Acquisition Corp. I and OneSpan’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Plum Acquisition Corp. I	N/A	N/A	-9.03%
OneSpan	6.60%	18.69%	11.29%

Insider & Institutional Ownership

25.9% of Plum Acquisition Corp. I shares are owned by institutional investors. Comparatively, 95.5% of OneSpan shares are owned by institutional investors. 71.0% of Plum Acquisition Corp. I shares are owned by company insiders. Comparatively, 0.9% of OneSpan shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Earnings and Valuation

This table compares Plum Acquisition Corp. I and OneSpan’s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Plum Acquisition Corp. I	N/A	N/A	-$30,000.00	N/A	N/A
OneSpan	$235.11 million	2.41	-$29.80 million	($0.18)	-83.22

Plum Acquisition Corp. I has higher earnings, but lower revenue than OneSpan.

Summary

OneSpan beats Plum Acquisition Corp. I on 8 of the 10 factors compared between the two stocks.

About Plum Acquisition Corp. I

Plum Acquisition Corp. I does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in San Francisco, California. Plum Acquisition Corp. I operates as a subsidiary of Plum Partners, LLC.

About OneSpan

OneSpan Inc., together with its subsidiaries, designs, develops, and markets digital solutions for identity, authentication, and secure digital agreements worldwide. The company offers OneSpan Sign, a range of e-signature requirements for occasional agreement to processing tens of thousands of transactions; OneSpan Cloud Authentication, a cloud-based multifactor authentication solution that supports a range of authentication options, including biometrics, push notification, and visual cryptograms for transaction data security, SMS, and hardware authenticators; and OneSpan Identity Verification, which enables banks and financial institutions identity verification services. It also provides Mobile Security Suite, a software development kit that protect mobile transactions; Digipass Authenticators, consisting of a wide variety of authentication devices; authentication servers that provides a range of strong authentication utilities and solutions designed to allow organizations to securely authenticate users and transactions; and Digipass FX1 BIO, a physical passkey with fingerprint scan built for the workforce authentication market. In addition, it offers Virtual Room, a purpose-built, high-assurance solution that blends the simplicity of a consumer video collaboration app with high-assurance identity and authentication security; OneSpan Notary, an online notary solution developed for organizations with in-house notaries; and OneSpan Trust Vault, a blockchain-based decentralized digital storage solution that helps organizations meet compliance, regulatory, and chain of custody requirements for critical documents. It sells its solutions through its direct sales force, as well as through distributors, resellers, systems integrators, and original equipment manufacturers. The company was formerly known as VASCO Data Security International, Inc. and changed its name to OneSpan Inc. in May 2018. OneSpan Inc. was founded in 1991 and is headquartered in Boston, Massachusetts.