NASDAQ:MITK Mitek Systems (MITK) Stock Price, News & Analysis $10.15 -0.16 (-1.55%) As of 01/13/2025 04:00 PM Eastern Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About Mitek Systems Stock (NASDAQ:MITK) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Mitek Systems alerts:Sign Up Key Stats Today's Range$9.96▼$10.3950-Day Range$8.62▼$11.4552-Week Range$7.35▼$16.24Volume544,041 shsAverage Volume579,977 shsMarket Capitalization$437.37 millionP/E RatioN/ADividend YieldN/APrice Target$12.63Consensus RatingModerate Buy Company OverviewMitek 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… Mitek Systems Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks33rd Percentile Overall ScoreMITK MarketRank™: Mitek Systems scored higher than 33% of companies evaluated by MarketBeat, and ranked 531st out of 674 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.4 / 5Analyst RatingModerate Buy Consensus RatingMitek Systems has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageMitek Systems has only been the subject of 1 research reports in the past 90 days.Read more about Mitek Systems' stock forecast and price target. Earnings and Valuation0.6 / 5Proj. Earnings Growth3.57% Earnings GrowthEarnings for Mitek Systems are expected to grow by 3.57% in the coming year, from $0.56 to $0.58 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Mitek Systems is -67.67, 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 -67.67, 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 2.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Short Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted8.98% 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 6.4.Change versus previous monthShort interest in Mitek Systems has recently increased by 3.20%, indicating that investor sentiment is decreasing. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldMitek Systems does not currently pay a dividend.Dividend GrowthMitek Systems does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted8.98% 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 6.4.Change versus previous monthShort interest in Mitek Systems has recently increased by 3.20%, indicating that investor sentiment is decreasing. News and Social Media3.6 / 5News Sentiment1.40 News SentimentMitek Systems has a news sentiment score of 1.40. 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 is a higher news sentiment than the 0.70 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Mitek Systems this week, compared to 4 articles on an average week.Search Interest9 people have searched for MITK on MarketBeat in the last 30 days. This is an increase of 350% compared to the previous 30 days.MarketBeat Follows8 people have added Mitek Systems to their MarketBeat watchlist in the last 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Mitek Systems insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $152,140.00 in company stock.Percentage Held by InsidersOnly 2.10% 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.Read more about Mitek Systems' insider trading history. 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 MITK Stock News HeadlinesMitek Systems, Inc.'s (NASDAQ:MITK) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?January 4, 2025 | finance.yahoo.comMitek Systems, Inc. (NASDAQ:MITK) Q4 2024 Earnings Call TranscriptDecember 19, 2024 | msn.comLast time you’ll see this priced at $1.00When was the last time you bought something for a buck? I don’t even think you can buy anything at McDonalds for a dollar anymore!January 14, 2025 | StocksToTrade (Ad)Mitek to Participate in the 27th Annual Needham Growth Conference on January 14, 2025December 19, 2024 | businesswire.comMitek Systems Poised for Growth with Strong Financial Performance and Strategic InnovationDecember 18, 2024 | markets.businessinsider.comPromising Outlook for Mitek Systems: Strategic Improvements and Growth OpportunitiesDecember 18, 2024 | markets.businessinsider.comMitek Systems (MITK) Gets a Buy from Northland SecuritiesDecember 18, 2024 | markets.businessinsider.comUpdate: MITK, December 17December 18, 2024 | forbes.comSee More Headlines MITK Stock Analysis - Frequently Asked Questions How have MITK shares performed this year? Mitek Systems' stock was trading at $11.13 on January 1st, 2025. Since then, MITK stock has decreased by 8.8% and is now trading at $10.15. View the best growth stocks for 2025 here. How were Mitek Systems' earnings last quarter? Mitek Systems, Inc. (NASDAQ:MITK) posted its earnings results on Monday, December, 16th. The software maker reported $0.33 EPS for the quarter, beating analysts' consensus estimates of $0.17 by $0.16. The company's revenue was up 14.8% on a year-over-year basis. Who are Mitek Systems' major shareholders? Mitek Systems' top institutional investors include Harbor Capital Advisors Inc. (0.02%). Insiders that own company stock include Scipio Maximus Carnecchia, Stephen Ritter, Michael E Diamond, Jason Gray, Frank Teruel, Christopher H Briggs and Donna Wells. 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. What other stocks do shareholders of Mitek Systems own? Based on aggregate information from My MarketBeat watchlists, some other companies that Mitek Systems investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Meta Platforms (META), Tesla (TSLA), Broadcom (AVGO), Netflix (NFLX) and PayPal (PYPL). Company Calendar Last Earnings12/16/2024Today1/13/2025Fiscal Year End9/30/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Computer peripheral equipment, not elsewhere classified Sub-IndustryComputer Hardware Current SymbolNASDAQ:MITK CUSIPN/A CIK807863 Webwww.miteksystems.com Phone(619) 269-6800Fax619-269-6801Employees450Year FoundedN/APrice Target and Rating Average Stock Price Target$12.63 High Stock Price Target$15.00 Low Stock Price Target$9.50 Potential Upside/Downside+24.4%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.06 Trailing P/E RatioN/A Forward P/E Ratio18.13 P/E GrowthN/ANet Income$8.03 million Net Margins-4.05% Pretax Margin-7.01% Return on Equity12.32% Return on Assets6.36% Debt Debt-to-Equity Ratio0.68 Current Ratio4.46 Quick Ratio4.46 Sales & Book Value Annual Sales$172.08 million Price / Sales2.54 Cash Flow$1.56 per share Price / Cash Flow6.50 Book Value$4.50 per share Price / Book2.26Miscellaneous Outstanding Shares43,091,000Free Float45,234,000Market Cap$437.37 million OptionableOptionable Beta1.06 Social Links 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. 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