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HC Wainwright Has Weak Forecast for Intellicheck Q4 Earnings

Intellicheck logo with Industrial Products background

Intellicheck, Inc. (NYSE:IDN - Free Report) - HC Wainwright decreased their Q4 2024 earnings estimates for shares of Intellicheck in a research report issued to clients and investors on Thursday, November 14th. HC Wainwright analyst S. Buck now expects that the company will earn ($0.01) per share for the quarter, down from their prior forecast of $0.02. HC Wainwright has a "Buy" rating and a $4.00 price objective on the stock. The consensus estimate for Intellicheck's current full-year earnings is ($0.03) per share.

Several other analysts also recently weighed in on IDN. StockNews.com downgraded shares of Intellicheck from a "buy" rating to a "hold" rating in a research report on Monday, August 12th. DA Davidson cut Intellicheck from a "buy" rating to a "neutral" rating and dropped their price target for the stock from $5.00 to $2.00 in a research note on Friday, August 9th.

Get Our Latest Stock Analysis on IDN

Intellicheck Price Performance

Shares of IDN stock traded down $0.01 on Friday, hitting $2.39. 57,077 shares of the stock traded hands, compared to its average volume of 191,254. The company has a market capitalization of $46.68 million, a PE ratio of -78.67 and a beta of 1.95. The company's fifty day moving average is $2.24 and its 200 day moving average is $2.75. Intellicheck has a 1-year low of $1.62 and a 1-year high of $4.46.

Hedge Funds Weigh In On Intellicheck

Several hedge funds have recently bought and sold shares of IDN. AIGH Capital Management LLC grew its stake in Intellicheck by 16.8% in the 2nd quarter. AIGH Capital Management LLC now owns 1,767,732 shares of the company's stock valued at $6,046,000 after buying an additional 253,706 shares during the last quarter. Garden State Investment Advisory Services LLC grew its stake in shares of Intellicheck by 3.7% in the third quarter. Garden State Investment Advisory Services LLC now owns 269,357 shares of the company's stock worth $585,000 after acquiring an additional 9,500 shares during the last quarter. Wilkinson Global Asset Management LLC increased its position in Intellicheck by 4.8% during the third quarter. Wilkinson Global Asset Management LLC now owns 191,577 shares of the company's stock worth $416,000 after acquiring an additional 8,772 shares during the period. Hilltop Holdings Inc. bought a new position in Intellicheck during the third quarter worth $43,000. Finally, Dimensional Fund Advisors LP acquired a new position in Intellicheck during the 2nd quarter valued at $47,000. 42.79% of the stock is owned by institutional investors and hedge funds.

About Intellicheck

(Get Free Report)

Intellicheck, Inc, a technology company, provides on-demand digital identity validation solutions for KYC, fraud, and age verification needs in North America. The company offers solutions for digital and physical identities for financial services, fintech companies, BNPL providers, e-commerce and retail commerce businesses, law enforcement, and government agencies.

See Also

Earnings History and Estimates for Intellicheck (NYSE:IDN)

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