Mitek Systems, Inc develops, markets, and sells mobile image capture and identity verification software solutions in the United States, Europe, Latin America, and internationally. The company's solutions are embedded in native mobile apps and mobile optimized Websites to enhance mobile user experiences, fraud detection and reduction, and compliant transactions.
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Industry, Sector and Symbol
Industry Computer peripheral equipment, not elsewhere classified
Sub-IndustryN/A
SectorComputer and Technology
Phone619-269-6800
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$63.56 million
Profitability
Miscellaneous
Employees293
Next Earnings Date11/7/2019 (Estimated)
OptionableOptionable
Mitek Systems (NASDAQ:MITK) Frequently Asked Questions
What is Mitek Systems' stock symbol?
Mitek Systems trades on the NASDAQ under the ticker symbol "MITK."
How were Mitek Systems' earnings last quarter?
Mitek Systems, Inc. (NASDAQ:MITK) announced its quarterly earnings data on Thursday, July, 25th. The software maker reported $0.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.04 by $0.02. The software maker had revenue of $21.91 million for the quarter, compared to analysts' expectations of $21.74 million. Mitek Systems had a positive return on equity of 6.33% and a negative net margin of 7.61%. The business's revenue was up 36.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.06 EPS. View Mitek Systems' Earnings History.
When is Mitek Systems' next earnings date?
What guidance has Mitek Systems issued on next quarter's earnings?
Mitek Systems issued an update on its FY 2019 earnings guidance on Thursday, July, 25th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $84-85 million, compared to the consensus revenue estimate of $85.18 million.
What price target have analysts set for MITK?
3 analysts have issued twelve-month price targets for Mitek Systems' shares. Their forecasts range from $14.00 to $20.00. On average, they anticipate Mitek Systems' stock price to reach $16.00 in the next twelve months. This suggests a possible upside of 61.5% from the stock's current price. View Analyst Price Targets for Mitek Systems.
What is the consensus analysts' recommendation for Mitek Systems?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mitek Systems in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Mitek Systems.
Has Mitek Systems been receiving favorable news coverage?
Headlines about MITK stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Mitek Systems earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned press coverage about the software maker a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Mitek Systems.
Who are some of Mitek Systems' key competitors?
What other stocks do shareholders of Mitek Systems own?
Who are Mitek Systems' key executives?
Mitek Systems' management team includes the folowing people:
- Mr. Jeffrey C. Davison CPA, Chief Financial Officer (Age 54)
- Mr. Stephen J. Ritter, Chief Technology Officer (Age 49)
- Mr. Scipio Maximus Carnecchia, CEO & Director (Age 56)
- Mr. Todd Kehrli, Investor Contacts
- Mr. Jason L. Gray, Chief Legal Officer, Chief Compliance Officer & Corp. Sec. (Age 48)
Who are Mitek Systems' major shareholders?
Mitek Systems' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.18%), Vanguard Group Inc. (4.57%), Royal Bank of Canada (2.80%), Park West Asset Management LLC (2.74%), Raging Capital Management LLC (2.66%) and Independent Advisor Alliance (1.72%). Company insiders that own Mitek Systems stock include Bruce Edward Hansen, Clark Sarah, James B Debello, James C Hale III, Jason Gray, Jeffrey C Davison, Karel J Marsal, Michael E Diamond and Stephen Ritter. View Institutional Ownership Trends for Mitek Systems.
Which institutional investors are selling Mitek Systems stock?
MITK stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Granite Investment Partners LLC, OMERS ADMINISTRATION Corp, LPL Financial LLC, THB Asset Management, Harvest Management LLC, AQR Capital Management LLC and P.A.W. Capital Corp. Company insiders that have sold Mitek Systems company stock in the last year include James B Debello, Jason Gray, Jeffrey C Davison, Karel J Marsal, Michael E Diamond and Stephen Ritter. View Insider Buying and Selling for Mitek Systems.
Which institutional investors are buying Mitek Systems stock?
MITK stock was purchased by a variety of institutional investors in the last quarter, including Park West Asset Management LLC, Raging Capital Management LLC, Toronado Partners LLC, Royal Bank of Canada, River & Mercantile Asset Management LLP, River & Mercantile Asset Management LLP, Nuveen Asset Management LLC and Prudential Financial Inc.. View Insider Buying and Selling for Mitek Systems.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Mitek Systems' stock price today?
One share of MITK stock can currently be purchased for approximately $9.91.
How big of a company is Mitek Systems?
Mitek Systems has a market capitalization of $398.18 million and generates $63.56 million in revenue each year. The software maker earns $-11,800,000.00 in net income (profit) each year or $0.13 on an earnings per share basis. Mitek Systems employs 293 workers across the globe.View Additional Information About Mitek Systems.
What is Mitek Systems' official website?
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]
MarketBeat Community Rating for Mitek Systems (NASDAQ MITK)
MarketBeat's community ratings are surveys of what our community members think about Mitek Systems and other stocks. Vote "Outperform" if you believe MITK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MITK will underperform the S&P 500 over the long term. You may vote once every thirty days.
