Mitek/MITK

$11.96

-0.17%
-
1D1W1MYTD1YMAX

About Mitek

Mitek Systems, Inc. is a provider of mobile image capture and digital identity verification solutions. It is a software development company with expertise in computer vision, artificial intelligence, and machine learning. Its digital technology solutions are provided in two parts: a software development kit for mobile image capture and a cloud software platform which uses artificial intelligence, and machine learning to classify and extract data to enable mobile check deposit as well as aid the authentication of identity documents including passports, identity cards, and driver's licenses using a camera-equipped device. Its products include Mobile Deposit, Mobile Verify, Mobile Fill, CheckReader, Check Fraud Defender, Check Intelligence, Mitek Verified Identity Platform, MiPass, ID_CLOUD, IDLive Face, IDVoice, IDLive Voice and IDLive Doc. The Company serves more than 7,900 financial services organizations and marketplace and financial technology (fintech) brands around the globe.

Ticker

MITK

Sector

Technology

Trading on

NASDAQ

Industry

Software & Programming

CEO

Scipio Carnecchia

Employees

573

Headquarters

San diego, United States

Mitek Metrics

BasicAdvanced
$569.44M
Market cap
-
P/E ratio
-$0.05
EPS
1.13
Beta
-
Dividend rate
$569.44M
1.13392
$16.24
$8.78
496.18K
4.696
65.148
65.242
40.216
0.48%
-0.63%
-1.23%
-0.7%
3.477
2.654
24.8
36.183
3.63%
-146.1%
19.42%
-2.03%

What the Analysts think about Mitek

Analyst Ratings

Majority rating from 6 analysts.
Buy

Price Targets

Average projection from 5 analysts.
60.54% upside
High $23.00
Low $17.00
$11.96
Current price
$19.20
Average price target

Mitek Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-15.44% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$36.9M
-1.86%
Net income
$-5.7M
307.14%
Profit margin
-15.44%
315.05%

Mitek Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 21.5%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.29
$0.20
$0.15
$0.14
-
Expected
$0.21
$0.18
$0.14
$0.18
$0.27
Surprise
35.94%
9.59%
11.11%
-21.5%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Mitek stock?

Mitek (MITK) has a market cap of $569.44M as of April 19, 2024.

What is the P/E ratio for Mitek stock?

The price to earnings (P/E) ratio for Mitek (MITK) stock is 0 as of April 19, 2024.

Does Mitek stock pay dividends?

No, Mitek (MITK) stock does not pay dividends to its shareholders as of April 19, 2024.

When is the next Mitek dividend payment date?

Mitek (MITK) stock does not pay dividends to its shareholders.

What is the beta indicator for Mitek?

Mitek (MITK) has a beta rating of 1.13. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Mitek stock price target?

The target price for Mitek (MITK) stock is $19.2, which is 60.54% above the current price of $11.96. This is an average based on projections from 5 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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