Free Trial

Mitek Systems (MITK) Competitors

$8.39
-0.03 (-0.36%)
(As of 10/7/2024 ET)

MITK vs. INVE, KTCC, DBD, ATEN, MKFG, CRSR, EVLV, CTLP, SSYS, and DDD

Should you be buying Mitek Systems stock or one of its competitors? The main competitors of Mitek Systems include Identiv (INVE), Key Tronic (KTCC), Diebold Nixdorf (DBD), A10 Networks (ATEN), Markforged (MKFG), Corsair Gaming (CRSR), Evolv Technologies (EVLV), Cantaloupe (CTLP), Stratasys (SSYS), and 3D Systems (DDD).

Mitek Systems vs.

Identiv (NASDAQ:INVE) and Mitek Systems (NASDAQ:MITK) are both small-cap computer and technology companies, but which is the superior investment? We will contrast the two businesses based on the strength of their valuation, analyst recommendations, institutional ownership, media sentiment, earnings, dividends, profitability, community ranking and risk.

65.2% of Identiv shares are held by institutional investors. Comparatively, 83.6% of Mitek Systems shares are held by institutional investors. 4.6% of Identiv shares are held by insiders. Comparatively, 4.4% of Mitek Systems shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Identiv presently has a consensus price target of $7.25, suggesting a potential upside of 112.61%. Mitek Systems has a consensus price target of $12.13, suggesting a potential upside of 44.35%. Given Identiv's stronger consensus rating and higher possible upside, research analysts plainly believe Identiv is more favorable than Mitek Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Identiv
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00
Mitek Systems
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.75

Identiv has a beta of 1.35, suggesting that its stock price is 35% more volatile than the S&P 500. Comparatively, Mitek Systems has a beta of 1.07, suggesting that its stock price is 7% more volatile than the S&P 500.

Mitek Systems has a net margin of -4.05% compared to Identiv's net margin of -13.77%. Mitek Systems' return on equity of 12.32% beat Identiv's return on equity.

Company Net Margins Return on Equity Return on Assets
Identiv-13.77% -18.44% -12.46%
Mitek Systems -4.05%12.32%6.36%

Mitek Systems received 117 more outperform votes than Identiv when rated by MarketBeat users. Likewise, 66.61% of users gave Mitek Systems an outperform vote while only 62.00% of users gave Identiv an outperform vote.

CompanyUnderperformOutperform
IdentivOutperform Votes
292
62.00%
Underperform Votes
179
38.00%
Mitek SystemsOutperform Votes
409
66.61%
Underperform Votes
205
33.39%

Mitek Systems has higher revenue and earnings than Identiv. Mitek Systems is trading at a lower price-to-earnings ratio than Identiv, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Identiv$116.38M0.69-$5.49M-$0.36-9.47
Mitek Systems$166.52M2.35$8.03M-$0.16-52.31

In the previous week, Mitek Systems had 7 more articles in the media than Identiv. MarketBeat recorded 7 mentions for Mitek Systems and 0 mentions for Identiv. Mitek Systems' average media sentiment score of 0.82 beat Identiv's score of 0.00 indicating that Mitek Systems is being referred to more favorably in the news media.

Company Overall Sentiment
Identiv Neutral
Mitek Systems Positive

Summary

Mitek Systems beats Identiv on 13 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding MITK and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

MITK vs. The Competition

MetricMitek SystemsComputer peripheral equipment IndustryComputer SectorNASDAQ Exchange
Market Cap$391.64M$11.21B$21.94B$8.34B
Dividend YieldN/A4.51%2.73%4.13%
P/E Ratio-52.3122.10249.9018.62
Price / Sales2.353.56552.0984.71
Price / Cash6.3818.3730.4733.51
Price / Book1.862.887.014.68
Net Income$8.03M$249.73M$652.00M$223.27M
7 Day Performance-3.46%-2.06%1.53%4.70%
1 Month Performance-2.67%116.26%7.86%20.39%
1 Year Performance-22.79%6.56%21.42%23.74%

Mitek Systems Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MITK
Mitek Systems
2.3045 of 5 stars
$8.39
-0.4%
$12.13
+44.5%
-22.3%$392.58M$166.52M-52.44573Positive News
INVE
Identiv
2.4192 of 5 stars
$3.50
-0.3%
$7.25
+107.1%
-57.4%$82.18M$116.38M-9.72330Positive News
KTCC
Key Tronic
1.054 of 5 stars
$5.43
-1.3%
N/A+35.5%$58.44M$559.40M271.505,447
DBD
Diebold Nixdorf
4.8419 of 5 stars
$42.29
-2.4%
$57.50
+36.0%
+145.9%$1.59B$3.56B7.2521,000Gap Up
ATEN
A10 Networks
3.9545 of 5 stars
$14.29
+1.0%
$16.50
+15.5%
+24.7%$1.06B$248.96M23.43580Analyst Upgrade
Positive News
MKFG
Markforged
1.9086 of 5 stars
$4.74
+0.6%
$3.00
-36.6%
+256.4%$953.46M$86.48M-7.76370High Trading Volume
CRSR
Corsair Gaming
4.4042 of 5 stars
$6.92
+2.4%
$10.60
+53.2%
-49.3%$719.03M$1.38B-86.502,387Gap Up
EVLV
Evolv Technologies
2.0374 of 5 stars
$3.90
+2.1%
$5.75
+47.4%
-19.4%$608.74M$89.22M-6.39170News Coverage
CTLP
Cantaloupe
4.3374 of 5 stars
$7.83
-0.5%
$10.25
+30.9%
+14.7%$570.10M$268.60M48.94359
SSYS
Stratasys
3.512 of 5 stars
$7.63
-2.7%
$10.80
+41.5%
-36.9%$531.51M$627.60M-4.171,980Positive News
DDD
3D Systems
2.6114 of 5 stars
$2.83
+6.0%
$3.25
+15.0%
-32.5%$377.34M$488.07M-0.991,925

Related Companies and Tools


This page (NASDAQ:MITK) was last updated on 10/7/2024 by MarketBeat.com Staff
From Our Partners