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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

MAX chart

Chart tools
Interval

Signals (68)
NameDateAgo
MACD: Buy SignalApr 1, 20267 months ago
SMA: BullishJan 1, 202610 months ago
SMA: BullishJan 1, 202610 months ago
SMA: BearishJan 1, 20251 year ago
SMA: BullishOct 1, 20242 years ago
SMA: BearishApr 1, 20242 years ago
SMA: BearishApr 1, 20242 years ago
SMA: BullishOct 1, 20233 years ago
SMA: BullishApr 1, 20233 years ago
SMA: BearishApr 1, 20224 years ago
SMA: BearishApr 1, 20224 years ago
MACD: Sell SignalApr 1, 20224 years ago
RSI: OverboughtOct 1, 20206 years ago
MACD: Buy SignalJul 1, 20206 years ago
SMA: BullishApr 1, 20206 years ago
MACD: Sell SignalJan 1, 20206 years ago
SMA: BearishOct 1, 20197 years ago
SMA: BullishOct 1, 20188 years ago
SMA: BearishJul 1, 20188 years ago
MACD: Buy SignalApr 1, 201610 years ago
SMA: BullishOct 1, 201511 years ago
SMA: BullishOct 1, 201511 years ago
SMA: BearishJul 1, 201511 years ago
SMA: BullishApr 1, 201511 years ago
SMA: BearishJan 1, 201511 years ago
SMA: BullishOct 1, 201412 years ago
SMA: BearishJul 1, 201412 years ago
MACD: Sell SignalJan 1, 201313 years ago
SMA: BearishApr 1, 201214 years ago
RSI: OverboughtJan 1, 201214 years ago
RSI: OverboughtApr 1, 201115 years ago
RSI: OverboughtOct 1, 201016 years ago
SMA: BullishApr 1, 201016 years ago
SMA: BearishOct 1, 200917 years ago
SMA: BullishJul 1, 200917 years ago
SMA: BullishJul 1, 200917 years ago
MACD: Buy SignalJul 1, 200917 years ago
MACD: Sell SignalJul 1, 200719 years ago
SMA: BearishJan 1, 200719 years ago
MACD: Buy SignalJan 1, 200620 years ago
SMA: BullishOct 1, 200521 years ago
SMA: BearishJan 1, 200422 years ago
SMA: BearishJan 1, 200422 years ago
SMA: BullishOct 1, 200323 years ago
SMA: BullishOct 1, 200323 years ago
SMA: BearishApr 1, 200224 years ago
SMA: BullishJan 1, 200224 years ago
MACD: Sell SignalJan 1, 200125 years ago
SMA: BearishOct 1, 200026 years ago
SMA: BearishOct 1, 200026 years ago
RSI: OverboughtJan 1, 200026 years ago
MACD: Buy SignalApr 1, 199927 years ago
SMA: BullishJan 1, 199927 years ago
SMA: BullishJan 1, 199927 years ago
MACD: Sell SignalJul 1, 199729 years ago
SMA: BearishApr 1, 199729 years ago
SMA: BullishJan 1, 199729 years ago
SMA: BearishOct 1, 199630 years ago
SMA: BearishOct 1, 199630 years ago
RSI: OverboughtApr 1, 199630 years ago
SMA: BullishApr 1, 199531 years ago
SMA: BearishOct 1, 199432 years ago
SMA: BullishJul 1, 199432 years ago
SMA: BearishApr 1, 199432 years ago
SMA: BullishJan 1, 199432 years ago
SMA: BearishOct 1, 199333 years ago
SMA: BullishJul 1, 199333 years ago
SMA: BearishOct 1, 199135 years 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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