FY2025 EPS Estimates for Intellinetics Decreased by Analyst

Intellinetics, Inc. (OTCMKTS:INLX - Free Report) - Stock analysts at Taglich Brothers lowered their FY2025 earnings per share (EPS) estimates for shares of Intellinetics in a research note issued to investors on Tuesday, April 1st. Taglich Brothers analyst H. Halpern now forecasts that the company will post earnings per share of ($0.38) for the year, down from their previous estimate of ($0.12). The consensus estimate for Intellinetics' current full-year earnings is $0.13 per share. Taglich Brothers also issued estimates for Intellinetics' FY2025 earnings at ($0.38) EPS.

Intellinetics Price Performance

Shares of OTCMKTS:INLX traded down $0.31 on Friday, reaching $13.40. 1,539 shares of the company traded hands, compared to its average volume of 6,638. The stock has a market capitalization of $57.05 million, a PE ratio of 89.31 and a beta of 0.54. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.91 and a quick ratio of 0.89. The company's 50 day moving average is $12.31 and its 200-day moving average is $13.14. Intellinetics has a fifty-two week low of $5.85 and a fifty-two week high of $16.50.

Institutional Investors Weigh In On Intellinetics

A hedge fund recently raised its stake in Intellinetics stock. Geode Capital Management LLC raised its stake in shares of Intellinetics, Inc. (OTCMKTS:INLX - Free Report) by 34.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,422 shares of the company's stock after buying an additional 6,563 shares during the period. Geode Capital Management LLC owned 0.60% of Intellinetics worth $285,000 at the end of the most recent quarter. Institutional investors and hedge funds own 0.75% of the company's stock.

Insider Buying and Selling at Intellinetics

In related news, Director John C. Guttilla acquired 3,000 shares of the stock in a transaction that occurred on Friday, March 28th. The shares were purchased at an average cost of $12.00 per share, with a total value of $36,000.00. Following the completion of the transaction, the director now owns 24,905 shares of the company's stock, valued at approximately $298,860. This trade represents a 13.70 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 32.08% of the company's stock.

Intellinetics Company Profile

Intellinetics, Inc designs, develops, tests, markets, and licenses document services and software solutions in the United States. The company operates in two segments, Document Management and Document Conversion. Its software platform allows its customers to capture and manage documents across operations, such as scanned hard-copy documents and digital documents, including Microsoft Office 365, digital images, audio, videos, and emails.