Mitek Systems Company Profile (NASDAQ:MITK)

Analyst Ratings

Consensus Ratings for Mitek Systems (NASDAQ:MITK) (?)
Ratings Breakdown: 5 Buy Rating(s)
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $9.08 (12.98% upside)

Analysts' Ratings History for Mitek Systems (NASDAQ:MITK)
Show:
DateFirmActionRatingPrice TargetActions
7/11/2016Needham & Company LLCUpgradeHold -> Buy$9.50View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/2/2016Roth CapitalReiterated RatingBuy$9.75View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/23/2016Benchmark Co.Boost Price TargetBuy$6.50 -> $8.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/31/2016William BlairReiterated RatingOutperformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/25/2016Northland SecuritiesInitiated CoverageOutperformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/26/2014 forward)

Earnings

Earnings History for Mitek Systems (NASDAQ:MITK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
7/28/2016        
4/28/2016Q216$0.04$0.07$7.38 million$8.52 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/28/2016Q116$0.02$0.04$6.45 million$7.40 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/5/2015Q415$0.03$0.09$6.59 million$7.90 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/23/2015Q315$0.04$0.07$5.83 million$6.40 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/30/2015Q215$0.03$0.05$5.40 million$5.70 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/29/2015Q115($0.05)$0.05$5.26 million$5.39 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/6/2014Q414($0.06)$0.06$5.00 million$5.50 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/24/2014Q314($0.08)($0.05)$4.74 million$4.70 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/1/2014Q214($0.07)($0.04)$4.37 million$4.50 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/6/2014Q114($0.08)($0.02)$4.09 million$4.50 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/7/2013Q413($0.08)($0.02)$3.38 million$4.38 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/25/2013Q3 2013($0.07)($0.05)$3.10 million$3.88 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/7/2013Q2 2013($0.04)($0.06)$2.37 million$3.20 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/31/2013Q1 2013($0.05)($0.03)$2.19 million$3.30 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/7/2012Q412($0.04)($0.09)$3.42 million$1.20 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/24/2012($0.03)($0.05)ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/2/2012$0.02($0.09)ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/7/2012$0.02ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/14/2011$0.01($0.01)ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/8/2011($0.06)$0.01ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Mitek Systems (NASDAQ:MITK)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20171$0.06$0.06$0.06
Q3 20171$0.06$0.06$0.06
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Mitek Systems (NASDAQ:MITK)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Mitek Systems (NASDAQ:MITK)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
5/2/2016James B DebelloCEOSell59,091$8.11$479,228.01View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/2/2016Michael E DiamondInsiderSell170,007$8.06$1,370,256.42View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/2/2016Russell C ClarkCFOSell109,568$8.03$879,831.04View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/18/2016John M. ThorntonDirectorSell243,663$5.09$1,240,244.67View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/9/2015John M ThorntonDirectorSell30,100$5.00$150,500.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/4/2015John M ThorntonDirectorSell142,037$5.13$728,649.81View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/2/2015John M ThorntonDirectorSell142,600$5.15$734,390.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/1/2015John M ThorntonDirectorSell726,900$5.16$3,750,804.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/30/2015John M ThorntonDirectorSell381,000$5.25$2,000,250.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/25/2015John M ThorntonDirectorSell182,400$5.00$912,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/24/2015John M ThorntonDirectorSell390,600$5.00$1,953,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/17/2015Russell C. ClarkCFOSell481$4.35$2,092.35View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/9/2015James B DebelloCEOSell9,050$3.87$35,023.50View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/9/2015John M ThorntonDirectorSell194,845$4.00$779,380.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/9/2015Michael E DiamondCROSell4,466$3.87$17,283.42View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/9/2015Russell C ClarkCFOSell3,180$3.87$12,306.60View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/6/2015John M ThorntonDirectorSell179,354$4.00$717,416.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/24/2015James B DebelloCEOSell75,490$4.13$311,773.70View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/24/2015John M ThorntonDirectorSell89,815$4.11$369,139.65View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/22/2015James B DebelloCEOSell39,569$4.00$158,276.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/22/2015John M ThorntonDirectorSell45,818$4.00$183,272.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/29/2015James B DebelloCEOSell9,506$4.00$38,024.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/29/2015John M ThorntonDirectorSell17,029$4.00$68,116.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/23/2015James B DebelloCEOSell63,285$4.00$253,140.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/23/2015John M ThorntonDirectorSell73,071$4.00$292,284.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/10/2015James B DebelloCEOSell13,812$4.00$55,248.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/10/2015John M ThorntonDirectorSell19,422$4.00$77,688.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/23/2015James B DebelloCEOSell3,751$3.35$12,565.85View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/23/2015Russell C ClarkCFOSell1,879$3.35$6,294.65View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/31/2014Michael E DiamondCROSell2,488$3.15$7,837.20View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/31/2014Michael S StrangeCTOSell2,459$3.15$7,745.85View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/31/2014Scott R CarterCMOSell4,123$3.15$12,987.45View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/7/2014Vinton Paul CunninghamDirectorSell14,000$5.02$70,280.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/27/2014Gerald FarmerDirectorSell15,000$5.12$76,800.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/27/2014Russell ClarkCFOSell5,478$5.05$27,663.90View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/11/2013James DebelloCEOSell288,704$6.24$1,801,512.96View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/15/2013James B DebelloCEOSell138,187$5.00$690,935.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Mitek Systems (NASDAQ:MITK)
DateHeadline
07/25/16 02:58 PMA Look At Mitek: 3 Bullish Developments Into Q3 Earnings - After a difficult month of June, investors in Mitek Systems, Inc. (NASDAQ: MITK) may be looking to earnings later this week for some relief. Mitek, a company that develops and sells mobile capture and identification software to businesses, was the target of a negative early-June report by StreetSweeper, a well-known short seller. Mitek shares subsequently fell 15 percent on the report, which highlighted weak IP assets, increased competition and a large price-to-earnings ratio. Mitek CFO Russell Clark subsequently spoke with Benzinga, ...Full story available on Benzinga.com
07/25/16 02:58 PMMitek Spikes After Bullish Report On Benzinga Pro - Benzinga Professional reported Monday that sources close to Mitek Systems, Inc. (NASDAQ: MITK) say the company has entered into a nationwide agreement with a nationwide pharmaceutical chain. Sources also told Benzinga Professional that Mitek’s Mobile Verify business is now doing over 500,000 mobile verifications per month, as reported to subscribers in the Market-Moving Exclusive feed. Report below courtesy of Benzinga Pro: Full story available on Benzinga.com
07/22/16 05:05 PMBrokers Issue Average Price Target Of 6.95 On Mitek Systems, Inc. (MITK) - Fiscal Standard
07/22/16 05:05 PMOption Market: Mitek Systems Inc (NASDAQ:MITK) Risk Hits An Unsually High Level - CML News
07/21/16 05:27 PMEarnings Estimates Spotlight: Mitek Systems, Inc. (NASDAQ:MITK) - News Oracle
07/21/16 03:05 PMMitek to Report Third Quarter Fiscal 2016 Financial Results on July 28, 2016 - [GlobeNewswire] - SAN DIEGO, July 21, 2016-- Mitek, a global leader in mobile capture and identity verification software solutions, today announced that it will release its financial results for the fiscal third quarter ...
07/21/16 06:02 AM7:02 am Mitek Systems announces it 'successfully defended its technology in the patent infringement case brought forth by Rothschild Mobile Imaging Innovations' -
07/21/16 06:00 AMMitek Prevails in Rothschild Patent Infringement Suit - [GlobeNewswire] - SAN DIEGO, July 21, 2016-- Mitek, a global leader in mobile capture and identity verification software solutions, today announced that it has successfully defended its technology in the patent infringement ...
07/20/16 06:11 AMTrade These 7 Stocks Under $10 for Huge Profits -
07/19/16 11:47 AMETF’s with exposure to Mitek Systems, Inc. : July 19, 2016 -
07/15/16 04:17 PMFast Growth Expected for Mitek Systems, Inc. (NASDAQ:MITK) - TGP
07/15/16 04:17 PMMitek Systems Inc Realized Volatility Hits Extreme Level - CML News
07/15/16 09:39 AMMitek Systems, Inc. (MITK) Updated Price Targets - FTSE News
07/15/16 09:39 AMMitek Systems, Inc. (MITK) Current Analyst Ratings - Fiscal Standard
07/13/16 05:33 PMApplication Software program Shares Highlight — inContact, Allscripts Healthcare Options, Mitek Systems, & the Rubicon Project
07/13/16 09:53 AMJPMorgan Employees Get Raises, Have Mitek CEO To Thank - [Benzinga] - JPMorgan Chase & Co. (NYSE: JPM )'s CEO Jamie Dimon announced Tuesday in an op-ed piece in the New York Times that thousands of employees will see a pay raise. Dimon said 18,000 employees who are currently ...
07/12/16 06:39 AMMitek Systems upgraded by Needham -
07/11/16 09:50 AMStock on the Rise for the Quarter: Mitek Systems, Inc. (NASDAQ:MITK) - Engelwood Daily
07/07/16 08:05 AMBroker Outlook For Mitek Systems, Inc. (MITK) - Fiscal Standard
07/02/16 04:54 PMStock Valuation in Review: Mitek Systems, Inc. (NASDAQ:MITK) - Telanagana Press
07/01/16 08:00 AMMitek Systems Incorporated (NASDAQ:MITK) Short Interest Increased By 47.12% - Press Telegraph
07/01/16 08:00 AMRecently Issued Stock Ratings For Mitek Systems, Inc. (MITK) - Fiscal Standard
06/29/16 07:59 AMMitek Systems, Inc. (NASDAQ:MITK) Target Price Is $8.583 - RealistInvestor.com
06/27/16 09:31 AMAnalyst's Focused Stocks: Mobile TeleSystems OJSC (NYSE:MBT) , Mitek Systems, Inc. (NASDAQ:MITK) - Street Updates
06/27/16 09:31 AMNext Weeks Broker Price Targets For Mitek Systems, Inc. (MITK) - Fiscal Standard
06/27/16 06:21 AMMitek Added to Russell 2000 Index - [at noodls] - SAN DIEGO, June 27, 2016 (GLOBE NEWSWIRE) -- Mitek (NASDAQ:MITK) (www.miteksystems.com), a global leader in mobile capture and identity verification software solutions, today announced that it was added ...
06/25/16 04:47 PMWhat Will Happen to Mitek Systems, Inc. Next? The Stock Just Gapped Down - Press Telegraph
06/24/16 07:49 AMMitek Systems Incorporated (NASDAQ:MITK) Shorted Shares Decreased By 9.05% - Engelwood Daily
06/23/16 07:55 AMMitek Systems, Inc. (NasdaqCM:MITK) Stock Momentum Hits Weakness - CML News
06/22/16 09:54 AMMitek Systems (NASDAQ:MITK) Analyst Rating Consensus - TheFounders Daily
06/21/16 04:50 PMMitek Systems, Inc. (NASDAQ:MITK): Growth Forecast - RealistInvestor.com
06/21/16 09:40 AMMitek Adds Patent for ID Solutions
06/20/16 01:49 PMETF’s with exposure to Mitek Systems, Inc. : June 20, 2016 -
06/14/16 06:29 AMMitek Granted Two New Patents for Mobile Capture of Payments Documents - [at noodls] - SAN DIEGO, June 14, 2016 (GLOBE NEWSWIRE) -- Mitek (NASDAQ:MITK) (www.miteksystems.com), a global leader in mobile capture and identity verification software solutions, today announced that it has been ...
06/13/16 04:49 PMStocks Earnings Report: CMS Energy Corp. (NYSE:CMS), Mitek Systems, Inc. (NASDAQ:MITK) - Beacon Chronicle
06/07/16 07:50 AMStocks Movements to Focus: PROTOSTAR I LTD (NYSE:PSTG) , Mitek Systems, Inc. (NASDAQ:MITK) - Street Updates
06/06/16 05:05 PMTop 2 Stocks To Buy: Mitek Systems, Inc. (NASDAQ:MITK), Polaris Industries Inc. (NYSE:PII) - Beacon Chronicle
06/06/16 06:18 AMMultinational Financial Services Provider Selects Mitek's Mobile Verify to Augment Credit Card Customer Acquisition Programs - [at noodls] - SAN DIEGO, June 06, 2016 (GLOBE NEWSWIRE) -- Mitek (NASDAQ:MITK), (www.miteksystems.com), a global leader in mobile capture and identity verification software solutions, today announced that a leading ...
06/06/16 06:00 AMMultinational Financial Services Provider Selects Mitek’s Mobile Verify to Augment Credit Card Customer Acquisition Programs - [GlobeNewswire] - SAN DIEGO, June 06, 2016-- Mitek,, a global leader in mobile capture and identity verification software solutions, today announced that a leading multinational financial services provider has selected ...
06/05/16 07:52 AMExclusive: Mitek CFO Refutes StreetSweeper's Short Report - Benzinga
06/04/16 07:59 AMMitek Systems, Inc. (MITK) Earns “Buy” Rating from Roth Capital - Let Me Know About This
06/03/16 05:40 PMAnalysts Ranking Activities: Microsoft Corporation (NASDAQ:MSFT) , Mitek Systems, Inc. (NASDAQ:MITK) - Street Updates
06/02/16 05:32 PMMitek Systems, Inc. (NASDAQ:MITK) Quarterly EPS Estimate At $0.07 - Investor Newswire - Mitek Systems, Inc. (NASDAQ:MITK) Quarterly EPS Estimate At $0.07Investor NewswireFirst Call stated that Mitek Systems, Inc. (NASDAQ:MITK) can touch $9.25 in coming one year. For the next quarter, the per-share earnings target is $0.07 and for ongoing fiscal at $0.24. EPS target for next year is $0.31 versus the mean EPS of $0.07 ...and more »
06/02/16 04:21 PMWhy Shares of Mitek Systems Inc. Sank Today - An article laid out a detailed case for shorting the stock, which has surged over the past six months.
06/02/16 06:05 AMMitek Announces Schedule of Investor Conferences for June 2016 - [at noodls] - SAN DIEGO, June 02, 2016 (GLOBE NEWSWIRE) -- Mitek (NASDAQ:MITK) (www.miteksystems.com), a global leader in mobile capture and identity verification software solutions, today announced that it will present ...
06/01/16 05:39 PMMitek Systems, Inc. (NASDAQ:MITK) Quarterly EPS Estimate At $0.070 - Investor Newswire - Mitek Systems, Inc. (NASDAQ:MITK) Quarterly EPS Estimate At $0.070Investor NewswireFirst Call stated that Mitek Systems, Inc. (NASDAQ:MITK) can touch $9.250 in coming one year. For the next quarter, the per-share earnings target is $0.070 and for ongoing fiscal at $0.240. EPS target for next year is $0.310 versus the mean EPS of $0 ...and more »
05/31/16 09:16 AMMitek Systems, Inc. (NASDAQ:MITK) Stock Update & Estimates - Stock Tick Tock - Mitek Systems, Inc. (NASDAQ:MITK) Stock Update & EstimatesStock Tick TockThe consensus on Wall Street is expecting Mitek Systems, Inc. (NASDAQ:MITK) to post earnings of $0.02 per share when the firm next reports it's fiscal quarterly results. According to the latest information available the report will likely be issued ...and more »
05/31/16 09:16 AMTech Stocks News Alerts: Mitek Systems, Inc. (NASDAQ:MITK), Amber Road Inc (NYSE:AMBR) - share market updates (press release) - Tech Stocks News Alerts: Mitek Systems, Inc. (NASDAQ:MITK), Amber Road Inc (NYSE:AMBR)share market updates (press release)Shares of Mitek Systems, Inc. (NASDAQ:MITK) ended Friday session in green amid volatile trading. The shares closed up +0.06 points or 0.72% at $9.15 with 407,274.00 shares getting traded. Post opening the session at $9.12, the shares hit an intraday ...
05/27/16 10:41 AMTech Stocks in Motions: Oracle Corporation (NYSE:ORCL) , Mitek Systems, Inc. (NASDAQ:MITK) - Is stories - Tech Stocks in Motions: Oracle Corporation (NYSE:ORCL) , Mitek Systems, Inc. (NASDAQ:MITK)Is storiesOracle Corporation (NYSE:ORCL) decreased -0.45% to $39.95 while traded 7.57 million shares on 5/26/2016. The stock price negotiated for value between $39.92 to $40.20 in recent trading session. During the past 52 weeks, the stock's price witnessed a ...and more »
05/25/16 01:25 PMNoteworthy Price Swings: Black Knight Financial Services, Inc. (NYSE:BKFS) , Mitek Systems, Inc. (NASDAQ:MITK) - Street Updates - Noteworthy Price Swings: Black Knight Financial Services, Inc. (NYSE:BKFS) , Mitek Systems, Inc. (NASDAQ:MITK)Street UpdatesMitek Systems, Inc. (NASDAQ:MITK) moved in green zone with rise of +0.21 points or +2.32% to $9.28. The company has a market worth of $298.95M.Total 564.57 thousand shares were exchanged in last trading session as opposed to average volume of ...and more »

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About Mitek Systems

Mitek Systems logoMitek Systems, Inc. develops, markets and sells mobile capture and identity verification software solutions for enterprise customers. The Company's technology allows users to remotely deposit checks, open accounts, get insurance quotes, pay bills, as well as verify their identity by taking pictures of various documents with camera-equipped smartphones and tablets instead of using the device keyboard. Its technology uses algorithms to correct image distortion, extract relevant data, route images to their desired location and process transactions. Its technology processes images of documents in many ways. The Company's mobile capture software solutions are embedded in other mobile banking or enterprise applications developed by banks, insurance companies or partners, and then marketed under its brands. Its mobile imaging solutions include Mobile Verify, Mobile Fill, Mobile Deposit and Commercial Mobile Deposit Capture.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Application Software
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: MITK
  • CUSIP:
Key Metrics:
  • Previous Close: $8.04
  • 50 Day Moving Average: $7.52
  • 200 Day Moving Average: $6.55
  • P/E Ratio: 116.52
  • P/E Growth: 1.40
  • Market Cap: $259.00M
  • Beta: 1.83
  • Current Year EPS Consensus Estimate: $0.11 EPS
  • Next Year EPS Consensus Estimate: $0.19 EPS
Additional Links:
Mitek Systems (NASDAQ:MITK) Chart for Tuesday, July, 26, 2016