NASDAQ:MITK

Mitek Systems Stock Forecast, Price & News

$14.81
+0.14 (+0.95 %)
(As of 04/15/2021 12:00 AM ET)
Add
Compare
Today's Range
$14.43
Now: $14.81
$14.89
50-Day Range
$14.00
MA: $15.15
$16.60
52-Week Range
$7.83
Now: $14.81
$19.88
Volume580,069 shs
Average Volume806,795 shs
Market Capitalization$634.65 million
P/E Ratio82.28
Dividend YieldN/A
Beta0.32
Mitek Systems, Inc. develops, markets, and sells mobile image capture and digital identity verification solutions in the United States, Europe, Latin America, and internationally. The company's solutions are embedded in native mobile apps and browsers to facilitate online user experiences, fraud detection and reduction, and compliant transactions. It offers Mobile Deposit that enables individuals and businesses to remotely deposit checks using their camera-equipped smartphone or tablet; and Mobile Verify, an identity verification solution that is integrated into mobile apps, mobile websites, and desktop applications. The company also provides Mobile Fill, an application to prefill forms with user data by snapping a picture of the driver license or other similar identity documents; Mobile Docs, a mobile document scanning solution; and MiSnap, an image capture technology. In addition, it offers CheckReader that enables financial institutions to automatically extract data from checks; XE, a recurrent neural network engine; and ID_CLOUD, an automated identity verification solution that is integrated into a customers' application to read and validate identity documents. The company sells its solutions primarily to banks, credit unions, lenders, payments processers, card issuers, fintech companies, and others through direct sales teams and channel partners. Mitek Systems, Inc. was incorporated in 1986 and is based in San Diego, California.
Mitek Systems logo

Industry, Sector and Symbol

Industry Computer peripheral equipment, not elsewhere classified
Sub-IndustryN/A
Current SymbolNASDAQ:MITK
CUSIPN/A
Phone619-269-6800
Employees350
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$101.31 million
Cash Flow$0.62 per share
Book Value$3.20 per share

Profitability

Net Income$7.81 million

Miscellaneous

Market Cap$634.65 million
Next Earnings Date4/29/2021 (Estimated)
OptionableOptionable

Headlines

Mitek: A Promising Name Held Back By Legal Troubles
April 4, 2021 |  finance.yahoo.com
Mitek Systems Has Charts Going in Different Directions
February 11, 2021 |  finance.yahoo.com
Cramer Weighs In On GrowGeneration, Qualcomm And More
February 11, 2021 |  markets.businessinsider.com
Why Mitek Systems Stock Plummeted Today
February 2, 2021 |  finance.yahoo.com
Mitek Reports 18% Revenue Growth in Record First Quarter
January 28, 2021 |  finance.yahoo.com
Mitek Systems (MITK) Matches Q1 Earnings Estimates
January 28, 2021 |  finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

0.93 out of 5 stars

Computer And Technology Sector

723rd out of 1,551 stocks

Computer Peripheral Equipment, Not Elsewhere Classified Industry

17th out of 27 stocks

Analyst Opinion: 1.3Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 0.0 5 -4 -3 -2 -1 -
$14.81
+0.14 (+0.95 %)
(As of 04/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive MITK News and Ratings via Email

Sign-up to receive the latest news and ratings for MITK and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Mitek Systems (NASDAQ:MITK) Frequently Asked Questions

Is Mitek Systems a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mitek Systems in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Mitek Systems stock.
View analyst ratings for Mitek Systems
or view top-rated stocks.

What stocks does MarketBeat like better than Mitek Systems?

Wall Street analysts have given Mitek Systems a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Mitek Systems wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Mitek Systems' next earnings date?

Mitek Systems is scheduled to release its next quarterly earnings announcement on Thursday, April 29th 2021.
View our earnings forecast for Mitek Systems
.

How were Mitek Systems' earnings last quarter?

Mitek Systems, Inc. (NASDAQ:MITK) announced its earnings results on Thursday, January, 28th. The software maker reported $0.14 EPS for the quarter, topping analysts' consensus estimates of $0.08 by $0.06. The software maker had revenue of $25.98 million for the quarter, compared to analyst estimates of $25.26 million. Mitek Systems had a net margin of 7.71% and a trailing twelve-month return on equity of 17.19%. The firm's revenue for the quarter was up 17.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.12 EPS.
View Mitek Systems' earnings history
.

How has Mitek Systems' stock price been impacted by Coronavirus (COVID-19)?

Mitek Systems' stock was trading at $7.64 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MITK stock has increased by 93.8% and is now trading at $14.81.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for MITK?

4 Wall Street analysts have issued 12-month price targets for Mitek Systems' shares. Their forecasts range from $9.00 to $25.00. On average, they anticipate Mitek Systems' stock price to reach $15.33 in the next twelve months. This suggests a possible upside of 3.5% from the stock's current price.
View analysts' price targets for Mitek Systems
or view top-rated stocks among Wall Street analysts.

Who are Mitek Systems' key executives?

Mitek Systems' management team includes the following people:
  • Mr. Scipio Maximus Carnecchia, CEO & Director (Age 58, Pay $967.17k)
  • Mr. Jeffrey C. Davison CPA, Chief Financial Officer (Age 56, Pay $586.56k)
  • Mr. Stephen J. Ritter, Chief Technology Officer (Age 51, Pay $494.19k)
  • Mr. Jason L. Gray, Chief Legal Officer & Chief Compliance Officer (Age 50, Pay $500.35k)
  • Mr. Michael E. Diamond, GM & Sr. VP of Digital Banking (Age 56, Pay $475.6k)
  • Mr. Todd Kehrli, Investor Contacts
  • Cindy White, VP of Global Marketing
  • Ms. Judith Ohrn Hicks, VP of Global People Operations (Age 57)
  • Mr. Aaron Korsen, Sr. VP of North American Identity Sales

What is Max Carnecchia's approval rating as Mitek Systems' CEO?

3 employees have rated Mitek Systems CEO Max Carnecchia on Glassdoor.com. Max Carnecchia has an approval rating of 69% among Mitek Systems' employees.

Who are some of Mitek Systems' key competitors?

What other stocks do shareholders of Mitek Systems own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Mitek Systems investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA), salesforce.com (CRM), Intel (INTC), Square (SQ), AbbVie (ABBV), PayPal (PYPL) and Cisco Systems (CSCO).

What is Mitek Systems' stock symbol?

Mitek Systems trades on the NASDAQ under the ticker symbol "MITK."

How do I buy shares of Mitek Systems?

Shares of MITK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Mitek Systems' stock price today?

One share of MITK stock can currently be purchased for approximately $14.81.

How much money does Mitek Systems make?

Mitek Systems has a market capitalization of $634.65 million and generates $101.31 million in revenue each year. The software maker earns $7.81 million in net income (profit) each year or $0.50 on an earnings per share basis.

How many employees does Mitek Systems have?

Mitek Systems employs 350 workers across the globe.

What is Mitek Systems' official website?

The official website for Mitek Systems is www.miteksystems.com.

Where are Mitek Systems' headquarters?

Mitek Systems is headquartered at 600 B STREET SUITE 100, SAN DIEGO CA, 92101.

How can I contact Mitek Systems?

Mitek Systems' mailing address is 600 B STREET SUITE 100, SAN DIEGO CA, 92101. The software maker can be reached via phone at 619-269-6800 or via email at [email protected]


This page was last updated on 4/16/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Learn more.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.