Mitek Systems Company Profile (NASDAQ:MITK)

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: $8.25
  • 50 Day Moving Average: $7.92
  • 200 Day Moving Average: $7.48
  • 52-Week Range: $3.01 - $9.49
  • Trailing P/E Ratio: 139.83
  • Foreward P/E Ratio: 26.61
  • P/E Growth: 1.31
  • Market Cap: $270.00M
  • Outstanding Shares: 32,727,000
  • Beta: 2.23
Profitability:
  • Net Margins: 5.94%
  • Return on Equity: 14.96%
  • Return on Assets: 11.89%
Debt:
  • Current Ratio: 3.87%
  • Quick Ratio: 3.87%
Additional Links:
Companies Related to Mitek Systems:

Analyst Ratings

Consensus Ratings for Mitek Systems (NASDAQ:MITK) (?)
Ratings Breakdown: 5 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $9.08 (10.10% upside)

Analysts' Ratings History for Mitek Systems (NASDAQ:MITK)
Show:
DateFirmActionRatingPrice TargetDetails
7/11/2016Needham & Company LLCUpgradeHold -> Buy$9.50View Rating Details
6/2/2016Roth CapitalReiterated RatingBuy$9.75View Rating Details
3/23/2016Benchmark Co.Boost Price TargetBuy$6.50 -> $8.00View Rating Details
1/31/2016William BlairReiterated RatingOutperformView Rating Details
1/25/2016Northland SecuritiesInitiated CoverageOutperformView Rating Details
(Data available from 9/27/2014 forward)

Earnings

Earnings History for Mitek Systems (NASDAQ:MITK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/3/2016        
7/28/2016Q316$0.04$0.07$8.31 million$9.10 millionViewListenView Earnings Details
4/28/2016Q216$0.04$0.07$7.38 million$8.52 millionViewListenView Earnings Details
1/28/2016Q116$0.02$0.04$6.45 million$7.40 millionViewListenView Earnings Details
11/5/2015Q415$0.03$0.09$6.59 million$7.90 millionViewN/AView Earnings Details
7/23/2015Q315$0.04$0.07$5.83 million$6.40 millionViewListenView Earnings Details
4/30/2015Q215$0.03$0.05$5.40 million$5.70 millionViewN/AView Earnings Details
1/29/2015Q115($0.05)$0.05$5.26 million$5.39 millionViewN/AView Earnings Details
11/6/2014Q414($0.06)$0.06$5.00 million$5.50 millionViewN/AView Earnings Details
7/24/2014Q314($0.08)($0.05)$4.74 million$4.70 millionViewN/AView Earnings Details
5/1/2014Q214($0.07)($0.04)$4.37 million$4.50 millionViewN/AView Earnings Details
2/6/2014Q114($0.08)($0.02)$4.09 million$4.50 millionViewN/AView Earnings Details
11/7/2013Q413($0.08)($0.02)$3.38 million$4.38 millionViewN/AView Earnings Details
7/25/2013Q3 2013($0.07)($0.05)$3.10 million$3.88 millionViewN/AView Earnings Details
5/7/2013Q2 2013($0.04)($0.06)$2.37 million$3.20 millionViewN/AView Earnings Details
1/31/2013Q1 2013($0.05)($0.03)$2.19 million$3.30 millionViewN/AView Earnings Details
11/7/2012Q412($0.04)($0.09)$3.42 million$1.20 millionViewN/AView Earnings Details
7/24/2012($0.03)($0.05)ViewN/AView Earnings Details
5/2/2012$0.02($0.09)ViewN/AView Earnings Details
2/7/2012$0.02ViewN/AView Earnings Details
11/14/2011$0.01($0.01)ViewN/AView Earnings Details
8/8/2011($0.06)$0.01ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Mitek Systems (NASDAQ:MITK)
Current Year EPS Consensus Estimate: $0.25 EPS
Next Year EPS Consensus Estimate: $0.31 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.04$0.04$0.04
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)
Insider Ownership Percentage: 9.06%
Institutional Ownership Percentage: 45.36%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/2/2016James B DebelloCEOSell59,091$8.11$479,228.01View SEC Filing  
5/2/2016Michael E DiamondInsiderSell170,007$8.06$1,370,256.42View SEC Filing  
5/2/2016Russell C ClarkCFOSell109,568$8.03$879,831.04View SEC Filing  
2/18/2016John M. ThorntonDirectorSell243,663$5.09$1,240,244.67View SEC Filing  
12/9/2015John M ThorntonDirectorSell30,100$5.00$150,500.00View SEC Filing  
12/4/2015John M ThorntonDirectorSell142,037$5.13$728,649.81View SEC Filing  
12/2/2015John M ThorntonDirectorSell142,600$5.15$734,390.00View SEC Filing  
12/1/2015John M ThorntonDirectorSell726,900$5.16$3,750,804.00View SEC Filing  
11/30/2015John M ThorntonDirectorSell381,000$5.25$2,000,250.00View SEC Filing  
11/25/2015John M ThorntonDirectorSell182,400$5.00$912,000.00View SEC Filing  
11/24/2015John M ThorntonDirectorSell390,600$5.00$1,953,000.00View SEC Filing  
11/17/2015Russell C. ClarkCFOSell481$4.35$2,092.35View SEC Filing  
11/9/2015James B DebelloCEOSell9,050$3.87$35,023.50View SEC Filing  
11/9/2015John M ThorntonDirectorSell194,845$4.00$779,380.00View SEC Filing  
11/9/2015Michael E DiamondCROSell4,466$3.87$17,283.42View SEC Filing  
11/9/2015Russell C ClarkCFOSell3,180$3.87$12,306.60View SEC Filing  
11/6/2015John M ThorntonDirectorSell179,354$4.00$717,416.00View SEC Filing  
7/24/2015James B DebelloCEOSell75,490$4.13$311,773.70View SEC Filing  
7/24/2015John M ThorntonDirectorSell89,815$4.11$369,139.65View SEC Filing  
7/22/2015James B DebelloCEOSell39,569$4.00$158,276.00View SEC Filing  
7/22/2015John M ThorntonDirectorSell45,818$4.00$183,272.00View SEC Filing  
6/29/2015James B DebelloCEOSell9,506$4.00$38,024.00View SEC Filing  
6/29/2015John M ThorntonDirectorSell17,029$4.00$68,116.00View SEC Filing  
6/23/2015James B DebelloCEOSell63,285$4.00$253,140.00View SEC Filing  
6/23/2015John M ThorntonDirectorSell73,071$4.00$292,284.00View SEC Filing  
6/10/2015James B DebelloCEOSell13,812$4.00$55,248.00View SEC Filing  
6/10/2015John M ThorntonDirectorSell19,422$4.00$77,688.00View SEC Filing  
2/23/2015James B DebelloCEOSell3,751$3.35$12,565.85View SEC Filing  
2/23/2015Russell C ClarkCFOSell1,879$3.35$6,294.65View SEC Filing  
7/31/2014Michael E DiamondCROSell2,488$3.15$7,837.20View SEC Filing  
7/31/2014Michael S StrangeCTOSell2,459$3.15$7,745.85View SEC Filing  
7/31/2014Scott R CarterCMOSell4,123$3.15$12,987.45View SEC Filing  
3/7/2014Vinton Paul CunninghamDirectorSell14,000$5.02$70,280.00View SEC Filing  
2/27/2014Gerald FarmerDirectorSell15,000$5.12$76,800.00View SEC Filing  
2/27/2014Russell ClarkCFOSell5,478$5.05$27,663.90View SEC Filing  
12/11/2013James DebelloCEOSell288,704$6.24$1,801,512.96View SEC Filing  
2/15/2013James B DebelloCEOSell138,187$5.00$690,935.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Mitek Systems (NASDAQ:MITK)
DateHeadline
finance.yahoo.com logoMitek’s Mobile Verify Selected by iStack Holdings to Protect Access to Exclusive Digital Content (NASDAQ:MITK)
finance.yahoo.com - September 27 at 10:45 AM
publicnow.com logoMitek's Mobile Verify Selected by iStack Holdings to Protect Access to Exclusive Digital Content (NASDAQ:MITK)
www.publicnow.com - September 27 at 10:45 AM
News IconJohn M. Thornton Sells 182400 Shares of Mitek Systems Stock (MITK) - Petro Global News 24 (NASDAQ:MITK)
petroglobalnews24.com - September 22 at 5:53 PM
News IconStock Tracker: Earnings & Estimates for Mitek Systems, Inc. (NASDAQ:MITK) - Frisco Fastball (NASDAQ:MITK)
friscofastball.com - September 22 at 5:53 PM
4-traders.com logoMitek : Mobile Verify™ Selected by Gambit Financial Solutions for Real-Time Identity Verification in Mobile Wealth Management (NASDAQ:MITK)
www.4-traders.com - September 21 at 5:50 PM
News IconJohn M. Thornton Sells 390600 Shares of Mitek Systems Stock (MITK) - Petro Global News 24 (NASDAQ:MITK)
petroglobalnews24.com - September 21 at 10:16 AM
News IconMitek Systems, Inc. (NASDAQ:MITK) Given Average Recommendation of “Buy” from Analysts - DailyQuint (NASDAQ:MITK)
dailyquint.com - September 20 at 11:18 AM
finance.yahoo.com logoMitek’s Mobile Verify™ Selected by Gambit Financial Solutions for Real-Time Identity Verification in Mobile Wealth Management (NASDAQ:MITK)
finance.yahoo.com - September 20 at 11:18 AM
publicnow.com logoMitek's Mobile Verify™ Selected by Gambit Financial Solutions for Real-Time Identity Verification in Mobile Wealth Management (NASDAQ:MITK)
www.publicnow.com - September 20 at 11:18 AM
publicnow.com logoMitek Releases New Multi-Check Capture SDK, Making Commercial Mobile Deposit Easy to Deploy (NASDAQ:MITK)
www.publicnow.com - September 15 at 9:35 AM
News IconConsensus Estimates on Earnings & Stock Price in Focus for Mitek Systems, Inc. (NASDAQ:MITK) Shares - Frisco Fastball (NASDAQ:MITK)
friscofastball.com - September 14 at 6:16 PM
realistinvestor.com logoMitek Systems, Inc. (NASDAQ:MITK) Mean Price Target Is $9.062 - RealistInvestor.com (NASDAQ:MITK)
www.realistinvestor.com - September 14 at 6:16 PM
News IconAnalyst Expectations and Growth Review for Mitek Systems, Inc. (NASDAQ:MITK) - Post News (NASDAQ:MITK)
www.kentuckypostnews.com - September 14 at 6:16 PM
finance.yahoo.com logoNew Report Ranks 15 Top Banks on Mobile Deposit Customer Experience (NASDAQ:MITK)
finance.yahoo.com - September 14 at 10:26 AM
publicnow.com logoMitek Announces b-Sharpe Has Selected Mobile Verify for Identity Verification (NASDAQ:MITK)
www.publicnow.com - September 6 at 10:53 AM
finance.yahoo.com logoMitek’s Mobile Fill™ Selected by Leading Online Mortgage Provider (NASDAQ:MITK)
finance.yahoo.com - August 30 at 9:31 AM
News IconApplication Software Stocks Under Scanner -- Rubicon Project, Mitek Systems, Innoviva, and Proofpoint (NASDAQ:MITK)
www.forwardgeek.com - August 29 at 6:03 PM
prnewswire.com logoApplication Software Stocks Under Scanner -- Rubicon Project, Mitek Systems, Innoviva, and Proofpoint - PR Newswire (press release) (NASDAQ:MITK)
www.prnewswire.com - August 29 at 10:44 AM
News IconStock Heading Down Over the Last Month Mitek Systems, Inc. (NASDAQ:MITK) - Post News (NASDAQ:MITK)
www.kentuckypostnews.com - August 25 at 6:09 PM
capitalcube.com logoETF’s with exposure to Mitek Systems, Inc. : August 22, 2016 (NASDAQ:MITK)
www.capitalcube.com - August 22 at 6:11 PM
4-traders.com logoMitek : Miteks Mobile Fill Selected by Top Ten U.S. Bank (NASDAQ:MITK)
www.4-traders.com - August 19 at 6:05 PM
biz.yahoo.com logoMITEK SYSTEMS INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Termination of a Material Definitiv (NASDAQ:MITK)
biz.yahoo.com - August 19 at 6:05 PM
News IconShares Moving Lower Over the Past Month Mitek Systems, Inc. (NASDAQ:MITK) - Post News (NASDAQ:MITK)
www.kentuckypostnews.com - August 18 at 6:17 PM
News IconWall Street Outlook and Growth Projections for Mitek Systems, Inc. (NASDAQ:MITK) - Post News (NASDAQ:MITK)
www.kentuckypostnews.com - August 18 at 6:17 PM
News IconMiteks Mobile Fill Selected by Top Ten U.S. Bank (NASDAQ:MITK)
www.itbusinessnet.com - August 17 at 6:25 PM
realistinvestor.com logoHere's The Growth Forecast For Mitek Systems, Inc. (NASDAQ:MITK) - RealistInvestor.com (NASDAQ:MITK)
www.realistinvestor.com - August 17 at 9:19 AM
finance.yahoo.com logoMitek’s Mobile Fill™ Selected by Top Ten U.S. Bank (NASDAQ:MITK)
finance.yahoo.com - August 17 at 9:19 AM
finance.yahoo.com logoMITEK SYSTEMS INC Financials (NASDAQ:MITK)
finance.yahoo.com - August 10 at 6:38 PM
finance.yahoo.com logoMitek Awarded New Patent for Innovative ID Document Classification Technology (NASDAQ:MITK)
finance.yahoo.com - August 10 at 9:12 AM
capitalcube.com logoETF’s with exposure to Mitek Systems, Inc. : August 8, 2016 (NASDAQ:MITK)
www.capitalcube.com - August 8 at 6:23 PM
capitalcube.com logoMitek Systems, Inc. :MITK-US: Earnings Analysis: Q3, 2016 By the Numbers : August 5, 2016 (NASDAQ:MITK)
www.capitalcube.com - August 5 at 6:23 PM
realistinvestor.com logoMitek Systems, Inc. (NASDAQ:MITK) Mean Price Target At $9.062 - RealistInvestor.com (NASDAQ:MITK)
www.realistinvestor.com - August 4 at 9:20 AM
finance.yahoo.com logoMitek to Present at the Canaccord Genuity Growth Conference (NASDAQ:MITK)
finance.yahoo.com - August 4 at 9:20 AM
biz.yahoo.com logoMITEK SYSTEMS INC Files SEC form 10-Q, Quarterly Report (NASDAQ:MITK)
biz.yahoo.com - August 3 at 9:29 AM
News IconMiteks Mobile Verify Selected by a Leading Ticket Exchange (NASDAQ:MITK)
www.consumerelectronicsnet.com - August 2 at 11:00 AM
finance.yahoo.com logoMitek’s Mobile Verify™ Selected by a Leading Ticket Exchange (NASDAQ:MITK)
finance.yahoo.com - August 2 at 11:00 AM
streetupdates.com logoAnalysts Ranking Previews: Maxim Integrated Products, Inc. (NASDAQ:MXIM) , Mitek Systems, Inc. (NASDAQ:MITK) - Street Updates (NASDAQ:MITK)
www.streetupdates.com - July 28 at 6:24 PM
sg.finance.yahoo.com logoMitek Systems tops Street 3Q forecasts (NASDAQ:MITK)
sg.finance.yahoo.com - July 28 at 10:08 AM
publicnow.com logoMitek Reports 41% Revenue Growth and Profitability in Third Quarter Fiscal 2016 (NASDAQ:MITK)
www.publicnow.com - July 28 at 8:58 AM
biz.yahoo.com logoMITEK SYSTEMS INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibit (NASDAQ:MITK)
biz.yahoo.com - July 28 at 8:37 AM
publicnow.com logoQ3 2016 Mitek Systems Earnings Conference Call (NASDAQ:MITK)
www.publicnow.com - July 27 at 4:08 AM
feeds.benzinga.com logoA Look At Mitek: 3 Bullish Developments Into Q3 Earnings (NASDAQ:MITK)
feeds.benzinga.com - July 25 at 3:58 PM
feeds.benzinga.com logoMitek Spikes After Bullish Report On Benzinga Pro (NASDAQ:MITK)
feeds.benzinga.com - July 25 at 3:58 PM
fiscalstandard.com logoBrokers Issue Average Price Target Of 6.95 On Mitek Systems, Inc. (MITK) - Fiscal Standard (NASDAQ:MITK)
www.fiscalstandard.com - July 22 at 6:05 PM
news.cmlviz.com logoOption Market: Mitek Systems Inc (NASDAQ:MITK) Risk Hits An Unsually High Level - CML News (NASDAQ:MITK)
news.cmlviz.com - July 22 at 6:05 PM
News IconEarnings Estimates Spotlight: Mitek Systems, Inc. (NASDAQ:MITK) - News Oracle (NASDAQ:MITK)
www.newsoracle.com - July 21 at 6:27 PM
finance.yahoo.com logoMitek to Report Third Quarter Fiscal 2016 Financial Results on July 28, 2016 (NASDAQ:MITK)
finance.yahoo.com - July 21 at 4:05 PM
finance.yahoo.com logo7:02 am Mitek Systems announces it 'successfully defended its technology in the patent infringement case brought forth by Rothschild Mobile Imaging Innovations' (NASDAQ:MITK)
finance.yahoo.com - July 21 at 7:02 AM
finance.yahoo.com logoMitek Prevails in Rothschild Patent Infringement Suit (NASDAQ:MITK)
finance.yahoo.com - July 21 at 7:00 AM
thestreet.com logoTrade These 7 Stocks Under $10 for Huge Profits (NASDAQ:MITK)
www.thestreet.com - July 20 at 7:11 AM

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Mitek Systems (NASDAQ:MITK) Chart for Tuesday, September, 27, 2016


Last Updated on 9/27/2016 by MarketBeat.com Staff