6 hours Ago By ABMN Staff
Mitek Systems, Inc. ( NASDAQ:MITK – Free Report ) – Investment analysts at HC Wainwright increased their FY2025 EPS estimates for shares of Mitek Systems in a research note issued on Tuesday, December 17th. HC Wainwright analyst S.
Buck now anticipates that the software maker will post earnings per share of $0.72 for the year, up from their previous forecast of $0.50.
HC Wainwright has a “Buy” rating and a $13.00 price objective on the stock. The consensus estimate for Mitek Systems’ current full-year earnings is $0.
56 per share. HC Wainwright also issued estimates for Mitek Systems’ Q4 2025 earnings at $0.26 EPS.
MITK has been the topic of a number of other reports. StockNews.com cut shares of Mitek Systems from a “buy” rating to a “hold” rating in a report on Tuesday.
Jefferies Financial Group downgraded shares of Mitek Systems from a “buy” rating to a “hold” rating and lowered their price objective for the company from $17.00 to $9.50 in a research report on Wednesday, September 4th.
Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Mitek Systems has an average rating of “Moderate Buy” and an average price target of $12.
63. Mitek Systems Stock Performance MITK stock opened at $11.43 on Friday.
The stock’s 50 day simple moving average is $9.18 and its 200 day simple moving average is $9.92.
Mitek Systems has a 12-month low of $7.35 and a 12-month high of $16.24.
The firm has a market cap of $492.53 million, a P/E ratio of -76.20 and a beta of 1.
12. The company has a current ratio of 4.46, a quick ratio of 4.
46 and a debt-to-equity ratio of 0.68. Mitek Systems ( NASDAQ:MITK – Get Free Report ) last announced its quarterly earnings data on Monday, December 16th.
The software maker reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.
16. The firm had revenue of $43.22 million for the quarter, compared to analysts’ expectations of $41.
30 million. Mitek Systems had a positive return on equity of 12.32% and a negative net margin of 4.
05%. Mitek Systems’s revenue for the quarter was up 14.8% compared to the same quarter last year.
During the same quarter in the prior year, the firm posted $0.15 earnings per share. Insiders Place Their Bets In other Mitek Systems news, SVP Christopher H.
Briggs sold 3,320 shares of the company’s stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $9.08, for a total value of $30,145.
60. Following the completion of the transaction, the senior vice president now owns 65,353 shares in the company, valued at approximately $593,405.24.
This represents a 4.83 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link .
Also, insider Jason Gray sold 6,222 shares of Mitek Systems stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $9.07, for a total value of $56,433.
54. Following the sale, the insider now directly owns 164,342 shares in the company, valued at approximately $1,490,581.94.
This trade represents a 3.65 % decrease in their position. The disclosure for this sale can be found here .
Insiders have sold 16,699 shares of company stock valued at $152,140 over the last three months. Company insiders own 2.10% of the company’s stock.
Institutional Inflows and Outflows A number of large investors have recently modified their holdings of MITK. Innealta Capital LLC bought a new position in Mitek Systems in the 2nd quarter valued at about $32,000. nVerses Capital LLC boosted its holdings in shares of Mitek Systems by 25.
5% in the third quarter. nVerses Capital LLC now owns 6,400 shares of the software maker’s stock valued at $55,000 after acquiring an additional 1,300 shares in the last quarter. Avior Wealth Management LLC acquired a new position in shares of Mitek Systems during the third quarter valued at approximately $60,000.
Intech Investment Management LLC bought a new stake in Mitek Systems during the third quarter worth approximately $117,000. Finally, Squarepoint Ops LLC acquired a new stake in Mitek Systems in the second quarter worth approximately $138,000. 83.
64% of the stock is owned by institutional investors and hedge funds. Mitek Systems Company Profile ( Get Free Report ) Mitek Systems, Inc provides mobile image capture and digital identity verification solutions worldwide. Its product portfolio includes Mobile Deposit that enables individuals and businesses to remotely deposit checks using their camera-equipped smartphone or tablet; Mobile Verify, an identity verification solution that is integrated into mobile apps, mobile websites, and desktop applications; and Mobile Fill, which includes automatic image capture, minimizes the numbers of clicks, and expedites form fill completion.
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