NASDAQ:MITK Mitek Systems (MITK) Stock Price, News & Analysis → SHOCKING Crypto Leak… (From Crypto 101 Media) (Ad) Free mitk Stock Alerts $11.98 -0.19 (-1.56%) (As of 04/18/2024 ET) Add Compare Share Share Today's Range$11.88▼$12.3250-Day Range$11.34▼$14.8352-Week Range$8.77▼$16.24Volume958,711 shsAverage Volume484,296 shsMarket Capitalization$560.54 millionP/E RatioN/ADividend YieldN/APrice Target$19.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Mitek Systems alerts: Email Address Mitek Systems MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside58.6% Upside$19.00 Price TargetShort InterestBearish7.57% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.43Based on 25 Articles This WeekInsider TradingN/AProj. Earnings Growth14.63%From $0.82 to $0.94 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.99 out of 5 starsComputer And Technology Sector394th out of 590 stocksComputer Peripheral Equipment, Not Elsewhere Classified Industry9th out of 13 stocks 3.5 Analyst's Opinion Consensus RatingMitek Systems has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageMitek Systems has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.57% of the outstanding shares of Mitek Systems have been sold short.Short Interest Ratio / Days to CoverMitek Systems has a short interest ratio ("days to cover") of 8.6.Change versus previous monthShort interest in Mitek Systems has recently increased by 12.03%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldMitek Systems does not currently pay a dividend.Dividend GrowthMitek Systems does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MITK. Previous Next 2.5 News and Social Media Coverage News SentimentMitek Systems has a news sentiment score of 0.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 25 news articles for Mitek Systems this week, compared to 3 articles on an average week.Search Interest6 people have searched for MITK on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat FollowsOnly 7 people have added Mitek Systems to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Mitek Systems insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.40% of the stock of Mitek Systems is held by insiders.Percentage Held by Institutions83.64% of the stock of Mitek Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Mitek Systems are expected to grow by 14.63% in the coming year, from $0.82 to $0.94 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Mitek Systems is -171.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Mitek Systems is -171.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioMitek Systems has a P/B Ratio of 2.66. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeThe “Perfect Storm” for GoldGold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.Click here now to download the free Precious Metals Buying Guide! About Mitek Systems Stock (NASDAQ:MITK)Mitek Systems, Inc. provides mobile image capture and digital identity verification solutions worldwide. Its product portfolio includes Mobile Deposit that enables individuals and businesses to remotely deposit checks using their camera-equipped smartphone or tablet; Mobile Verify, an identity verification solution that is integrated into mobile apps, mobile websites, and desktop applications; and Mobile Fill, which includes automatic image capture, minimizes the numbers of clicks, and expedites form fill completion. The company also offers MiSnap, a mobile-capture software development kit that enables an intuitive user experience and instant capture of quality images of identity documents and checks. CheckReader enables financial institutions to automatically extract data from checks once they have been scanned or photographed by the application; Check Fraud Defender, an AI-powered and cloud-hosted model for fighting check fraud; and Check Intelligence that enables financial institutions to automatically extract data from a check image received across any deposit channel, including branch, ATM, remote deposit capture, and mobile. In addition, it provides MiVIP, an end-to-end KYC platform that allows companies to design, build, and deploy robust KYC journeys with little or no development resources; and MiPass provides protection against most sophisticated forms of identity theft and dangerous fraud techniques, such as deepfakes and synthetic identities. Further, the company provides ID_CLOUD, an automated identity verification solution that is integrated into a customers' application to read and validate identity documents; IDLive Face, a passive facial liveness detection product; IDVoice, a robust AI-driven voice biometric engine; IDLive Voice to stop spoofing attacks on voice biometric systems; and IDLive Doc that works to fight fraud related to digitally displayed document images. The company was incorporated in 1986 and is based in San Diego, California.Read More MITK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MITK Stock News HeadlinesApril 18, 2024 | americanbankingnews.comMitek Systems (NASDAQ:MITK) Shares Gap Down to $14.83April 18, 2024 | americanbankingnews.comMitek Systems (NASDAQ:MITK) Upgraded to Buy by StockNews.comApril 18, 2024 | DTI (Ad)Biden’s $374B Giveaway Into This SectorBiden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right hereApril 18, 2024 | americanbankingnews.comMitek Systems (NASDAQ:MITK) Sees Large Volume Increase After Analyst UpgradeApril 17, 2024 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: Vuzix (VUZI) and Mitek Systems (MITK)April 17, 2024 | finance.yahoo.comMitek Systems, Inc. (NASDAQ:MITK) Q1 2024 Earnings Call TranscriptApril 17, 2024 | msn.comMitek Systems (MITK) Price Target Increased by 7.87% to 19.58April 17, 2024 | americanbankingnews.comMitek Systems (NASDAQ:MITK) Hits New 52-Week High at $15.20April 18, 2024 | DTI (Ad)Biden’s $374B Giveaway Into This SectorBiden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right hereApril 17, 2024 | americanbankingnews.comMitek Systems' (MITK) Buy Rating Reaffirmed at HC WainwrightApril 17, 2024 | americanbankingnews.comMitek Systems (NASDAQ:MITK) Price Target Raised to $19.00 at Craig HallumApril 16, 2024 | msn.comUpdate: MITK, April 16April 16, 2024 | investorplace.comSilent Surge: The 3 Stocks Quietly Making MillionairesApril 16, 2024 | finance.yahoo.comQ1 2024 Mitek Systems Inc Earnings CallApril 16, 2024 | gurufocus.comMitek Systems Inc (MITK) Q1 2024 Earnings Call Transcript Highlights: A Mixed Bag of Growth and ...April 16, 2024 | gurufocus.comMitek Systems Inc (MITK) Reports Mixed Q1 Results and Provides Q2 Revenue OutlookApril 16, 2024 | businesswire.comCORRECTING and REPLACING Mitek Reports Fiscal 2024 First Quarter Financial Results and Provides Preliminary Second Quarter Revenue ResultsApril 15, 2024 | marketwatch.comMitek Systems Shares Fall 5.6% After 1Q Loss, Revenue MissApril 15, 2024 | businesswire.comMitek Reports Fiscal 2024 First Quarter Financial Results and Provides Preliminary Second Quarter Revenue ResultsApril 14, 2024 | markets.businessinsider.comMitek Systems earnings preview: what to expectApril 12, 2024 | businesswire.comMitek to Report Fiscal 2024 First Quarter Financial Results on April 15, 2024April 9, 2024 | businesswire.comDataVisor Partners with Mitek to Strengthen Fraud Detection Ecosystem with Enhanced Check Fraud ProtectionApril 3, 2024 | finance.yahoo.comNasdaq Hearings Panel Grants Mitek’s Request for Continued Listing Pending Compliance with Filing RequirementApril 3, 2024 | businesswire.comNasdaq Hearings Panel Grants Mitek's Request for Continued Listing Pending Compliance with Filing RequirementApril 1, 2024 | investorplace.comSilent Giants: 3 Stocks Poised to Skyrocket Beyond Analyst ExpectationsApril 1, 2024 | investorplace.com3 Millionaire-Maker AI Stocks to Buy for Multibagger GainsMarch 27, 2024 | seekingalpha.comMitek Systems: Overcoming Its Past IssuesSee More Headlines Receive MITK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Mitek Systems and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/19/2024Today4/18/2024Next Earnings (Estimated)9/12/2024Fiscal Year End9/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Computer peripheral equipment, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:MITK CUSIPN/A CIK807863 Webwww.miteksystems.com Phone(619) 269-6800Fax619-269-6801Employees573Year FoundedN/APrice Target and Rating Average Stock Price Target$19.00 High Stock Price Target$19.00 Low Stock Price Target$19.00 Potential Upside/Downside+54.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.07) Trailing P/E RatioN/A Forward P/E Ratio15.01 P/E GrowthN/ANet Income$8.03 million Net Margins4.25% Pretax Margin5.99% Return on Equity17.83% Return on Assets8.94% Debt Debt-to-Equity Ratio0.66 Current Ratio3.69 Quick Ratio3.69 Sales & Book Value Annual Sales$172.55 million Price / Sales3.34 Cash Flow$1.24 per share Price / Cash Flow9.92 Book Value$4.50 per share Price / Book2.74Miscellaneous Outstanding Shares46,790,000Free Float44,732,000Market Cap$575.98 million OptionableOptionable Beta1.09 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Scipio Maximus Carnecchia (Age 61)CEO & Director Comp: $919.14kMr. Michael E. Diamond (Age 59)Senior VP & GM of Digital Banking Comp: $537.23kMr. Chris BriggsSenior VP of Identity & Head of ProductsMr. David B. Lyle (Age 60)Chief Financial Officer Mr. Todd KehrliInvestor ContactsMr. Jason L. Gray (Age 53)Chief Legal Officer, Chief Compliance Officer & Corporate Secretary Comp: $575.91kAngela M. RomeiCorporate Communications DirectorMs. Cindy WhiteChief Marketing OfficerMs. Judith Ohrn Hicks (Age 60)Senior Vice President of People Operations More ExecutivesKey CompetitorsEvolv TechnologiesNASDAQ:EVLVStratasysNASDAQ:SSYSImmersionNASDAQ:IMMRCass Information SystemsNASDAQ:CASSPreformed Line ProductsNASDAQ:PLPCView All CompetitorsInsiders & InstitutionsAllspring Global Investments Holdings LLCBought 134,502 shares on 4/18/2024Ownership: 0.832%Vanguard Group Inc.Bought 92,146 shares on 3/11/2024Ownership: 7.412%Price T Rowe Associates Inc. MDBought 963 shares on 2/16/2024Ownership: 0.064%Citadel Advisors LLCSold 900 shares on 2/15/2024Ownership: 0.000%Price T Rowe Associates Inc. MDBought 963 shares on 2/15/2024Ownership: 0.064%View All Insider TransactionsView All Institutional Transactions MITK Stock Analysis - Frequently Asked Questions Should I buy or sell Mitek Systems stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mitek Systems in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MITK shares. View MITK analyst ratings or view top-rated stocks. What is Mitek Systems' stock price target for 2024? 2 brokers have issued 1-year price targets for Mitek Systems' stock. Their MITK share price targets range from $19.00 to $19.00. On average, they expect the company's stock price to reach $19.00 in the next year. This suggests a possible upside of 58.6% from the stock's current price. View analysts price targets for MITK or view top-rated stocks among Wall Street analysts. How have MITK shares performed in 2024? Mitek Systems' stock was trading at $13.04 at the start of the year. Since then, MITK stock has decreased by 8.1% and is now trading at $11.98. View the best growth stocks for 2024 here. When is Mitek Systems' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, September 12th 2024. View our MITK earnings forecast. How were Mitek Systems' earnings last quarter? Mitek Systems, Inc. (NASDAQ:MITK) issued its quarterly earnings data on Tuesday, March, 19th. The software maker reported $0.10 earnings per share (EPS) for the quarter. The software maker earned $37.66 million during the quarter. Mitek Systems had a net margin of 4.25% and a trailing twelve-month return on equity of 17.83%. What ETFs hold Mitek Systems' stock? ETFs with the largest weight of Mitek Systems (NASDAQ:MITK) stock in their portfolio include SPDR S&P Software & Services ETF (XSW).Invesco Nasdaq Future Gen 200 ETF (QQQS). What guidance has Mitek Systems issued on next quarter's earnings? Mitek Systems issued an update on its FY 2024 earnings guidance on Tuesday, March, 19th. The company provided EPS guidance of for the period. The company issued revenue guidance of $180.0 million-$185.0 million, compared to the consensus revenue estimate of $182.0 million. What is Max Carnecchia's approval rating as Mitek Systems' CEO? 3 employees have rated Mitek Systems Chief Executive Officer Max Carnecchia on Glassdoor.com. Max Carnecchia has an approval rating of 69% among the company's employees. 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 (CRM), Intel (INTC), Block (SQ), AbbVie (ABBV), PayPal (PYPL) and Cisco Systems (CSCO). Who are Mitek Systems' major shareholders? Mitek Systems' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.83%). Insiders that own company stock include Christopher H Briggs, Frank Teruel, Jason Gray, Jeffrey C Davison, Michael E Diamond, Scipio Maximus Carnecchia, Stephen Ritter and William K Aulet. View institutional ownership trends. How do I buy shares of Mitek Systems? Shares of MITK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:MITK) was last updated on 4/18/2024 by MarketBeat.com Staff From Our PartnersSHOCKING Crypto Leak…Crypto 101 MediaBiden’s $374B Giveaway Into This SectorDTIBiden replacement revealed?Paradigm PressThe #1 Crypto for 2024InvestorPlaceDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop 5 AI Stocks to Buy for 2024Market Moving TrendsHow Biden has already won 2024Porter & CompanyOptions trading has suddenly become more reliable.Eagle Publishing Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Mitek Systems, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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