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Mitek Systems, Inc. MITK

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Price alert · MITK

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18.07 USD -0.39 -2.11%

At close · Oct 30

18.00 -0.07 -0.39%

After hours · Oct 30, 4:00 PM ET

Bid
18.05 × 2
Ask
18.06 × 2
17.80 Day range 18.58
8.65 52-week range 20.14
YTD
+71.28%
1 year
+95.56%
Open
18.27
Prev close
18.46
Mkt cap
815.36M
Vol
469.08K
Avg vol
641.01K
EPS
0.47
P/E
38.45
Div yield
0.00%
More statistics
Low
17.80
High
18.58
Forward P/E
13.57
Beta
1.07
Short ratio
8.63
Inst. own
77.93%
Dividend
0.00
Ex-div date
Earnings
Sep 5, 2023
50-d avg
9.22
200-d avg
10.86
1y target
12.70

1D chart

Chart tools
Interval

Signals (45)
NameTimeAgo
MACD: Sell Signal3:57 PM1 day ago
RSI: Overbought3:53 PM1 day ago
MACD: Buy Signal3:47 PM1 day ago
SMA: Bullish3:42 PM1 day ago
MACD: Sell Signal3:37 PM1 day ago
RSI: Overbought3:16 PM1 day ago
SMA: Bullish2:56 PM1 day ago
SMA: Bullish2:56 PM1 day ago
MACD: Buy Signal2:42 PM1 day ago
RSI: Oversold2:29 PM1 day ago
MACD: Sell Signal2:15 PM1 day ago
MACD: Buy Signal2:05 PM1 day ago
SMA: Bearish1:50 PM1 day ago
SMA: Bullish1:45 PM1 day ago
SMA: Bearish1:44 PM1 day ago
MACD: Sell Signal1:44 PM1 day ago
SMA: Bullish1:24 PM1 day ago
MACD: Buy Signal1:15 PM1 day ago
RSI: Oversold1:10 PM1 day ago
RSI: Oversold12:53 PM1 day ago
RSI: Oversold12:44 PM1 day ago
MACD: Sell Signal12:37 PM1 day ago
SMA: Bearish12:27 PM1 day ago
SMA: Bearish12:27 PM1 day ago
SMA: Bullish12:26 PM1 day ago
SMA: Bullish12:26 PM1 day ago
MACD: Buy Signal12:26 PM1 day ago
MACD: Sell Signal12:06 PM1 day ago
MACD: Buy Signal11:47 AM1 day ago
MACD: Sell Signal11:46 AM1 day ago
SMA: Bearish11:44 AM1 day ago
MACD: Buy Signal11:38 AM2 days ago
MACD: Sell Signal11:26 AM2 days ago
SMA: Bullish11:18 AM2 days ago
SMA: Bearish11:16 AM2 days ago
SMA: Bullish11:13 AM2 days ago
MACD: Buy Signal11:13 AM2 days ago
SMA: Bearish11:07 AM2 days ago
SMA: Bullish11:06 AM2 days ago
SMA: Bearish11:02 AM2 days ago
SMA: Bullish11:00 AM2 days ago
MACD: Sell Signal10:52 AM2 days ago
SMA: Bearish10:39 AM2 days ago
SMA: Bullish10:37 AM2 days ago
MACD: Buy Signal10:35 AM2 days ago

Key statistics

Market cap
505.77M
Enterprise value
462.39M
Trailing P/E
160.86
Forward P/E
13.57
PEG ratio
0.00
Price / sales
3.04
Price / book
2.48
EPS (TTM)
0.07
Beta
1.07
Dividend yield
0.00%
Payout ratio
0.00%
Profit margin
-4.05%
Revenue (TTM)
166.52M
Revenue growth
4.40%
Free cash flow
-2.49M
Total cash
123.07M
Total debt
146.99M
Return on equity
-3.23%
Shares outstanding
44.92M
Short % of float
8.24%
50-day average
9.22
200-day average
10.86

Analyst view

Consensus: buy

Buy
Price target (mean) 12.70 -29.7% downside
Target (low)
9.50
Target (mean)
12.70
Target (high)
15.00
Ratings (0m) 6 5 buy · 1 hold · 0 sell
  • Strong buy2
  • Buy3
  • Hold1
  • Sell0
  • Strong sell0

Next earnings

Sep 5, 2023

Expected Sep 5, 2023. Consensus EPS estimate 0.134.

Earnings history

Financials — quick view

All financials
MITK Revenue — quarterly 54.04M
2022-Q4 20222023-Q1 20222023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20232024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20242025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20252026-Q2 20262026-Q3 2026
MITK Net income — quarterly 8.37M
2022-Q4 20222023-Q1 20222023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20232024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20242025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20252026-Q2 20262026-Q3 2026
MITK EPS — quarterly 0.19
2022-Q4 20222023-Q1 20222023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20232024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20242025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20252026-Q2 20262026-Q3 2026

Earnings

MITK recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Dec 16, 2024Sep 1, 20240.170.33+0.16+94.12%
Aug 8, 2024Jun 1, 20240.260.25-0.01-3.85%
May 13, 2024Mar 1, 20240.270.24-0.03-11.11%
Oct 26, 2023Jun 1, 20230.000.20——
Sep 14, 2023Mar 1, 20230.000.29——
Sep 5, 2023Dec 1, 20220.00———

Upgrades / downgrades

MITK analyst upgrades and downgrades
DateFirmActionFromTo
Dec 17, 2024HC Wainwright & Co.mainBuyBuy
Sep 4, 2024JefferiesdownBuyHold
Aug 12, 2024HC Wainwright & Co.mainBuyBuy
Aug 12, 2024Maxim GroupmainBuyBuy
Aug 9, 2024Craig-HallummainBuyBuy
May 14, 2024HC Wainwright & Co.reitBuyBuy

About Mitek Systems, Inc.

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.

Sector
Technology
Industry
Software - Application
Country
United States

News

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Insider holders

MITK insider holders
InsiderRelationLatest transactionDateShares held
BRIGGS CHRISTOPHER HDivisional OfficerStock Award(Grant)Dec 5, 202492,946
DIAMOND MICHAEL EGeneral ManagerStock Award(Grant)Dec 5, 2024221,819
FAY JAMES DANIELDirectorStock Award(Grant)Oct 20, 202418,867
GRAY JASON LGeneral CounselSaleDec 10, 2024164,342
HALE JAMES C. IIIDirectorConversion of Exercise of derivative securityOct 10, 2024237,545
LYLE DAVID BChief Financial OfficerStock Award(Grant)Dec 5, 2024124,410

Institution ownership

MITK institution ownership
Holder% heldSharesValueReported
Blackrock Inc.9.14%3,937,15944.33MSep 29, 2024
Vanguard Group Inc8.44%3,638,67440.97MSep 29, 2024
Legal & General Group PLC6.63%2,855,46232.15MSep 29, 2024
Blue Grotto Capital, LLC4.80%2,070,00023.31MSep 29, 2024
Independent Advisor Alliance3.95%1,701,81319.16MSep 29, 2024
Dimensional Fund Advisors LP3.91%1,685,77418.98MSep 29, 2024

Fund ownership

MITK fund ownership
Holder% heldSharesValueReported
Vanguard Total Stock Market Index Fund3.23%1,393,65915.69MSep 29, 2024
iShares Russell 2000 ETF2.79%1,202,19013.54MOct 30, 2024
Vanguard Information Technology Index Fund2.56%1,102,39012.41MAug 30, 2024
Vanguard Extended Market Index Fund1.74%751,5668.46MSep 29, 2024
Fidelity Strategic Advisors Small-Mid Cap Fund1.29%555,3336.25MJul 30, 2024
Fidelity Small Cap Index Fund1.11%476,6195.37MAug 30, 2024
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