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Mitek Systems (MITK)
:MITK
MITK Stock Chart & Stats
Day’s Range― - ―
52-Week Range$7.35 - $16.24
Previous CloseN/A
Volume118.89K
Average Volume (3M)571.96K
Market Cap
$410.36M
Enterprise Value$532.97M
Total Cash (Recent Filing)$90.62M
Total Debt (Recent Filing)$148.66M
Price to Earnings (P/E)99.6
Beta0.97
Next Earnings
May 01, 2025EPS Estimate
0.26Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.09
Shares Outstanding45,243,713
10 Day Avg. Volume581,697
30 Day Avg. Volume571,961
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.38
Price to Cash Flow (P/CF)181.60
P/FCF Ratio181.60
Enterprise Value/Market Cap1.30
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit3.10
Enterprise Value/Ebitda18.94
Forecast
1Y Price Target
$12.90Price Target Upside40.22% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
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Mitek Systems News
PremiumCompany Announcements
Mitek Systems Reports Strong Growth in Latest Earnings Call
PremiumCompany Announcements
Mitek Systems Reports Strong Q1 2025 Results---
Bulls Say, Bears Say
Bulls Say
Financial PerformanceMITK reported solid first-quarter results that outperformed consensus across most key metrics.
Identity Segment GrowthIdentity segment outperformed with MiVIP transactions up 60% year-over-year and automation yielding a double-digit percentage reduction in cost per transaction, contributing to 300 basis points of gross margin expansion.
Bears Say
Revenue GrowthRevenue growth is likely to result in muted revenue growth in FY25.
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Ownership Overview
3.14% Insiders
19.95% Mutual Funds
18.14% Other Institutional Investors
36.09% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MITK FAQ
What was Mitek Systems’s price range in the past 12 months?
Mitek Systems lowest stock price was $7.35 and its highest was $16.24 in the past 12 months.
What is Mitek Systems’s market cap?
Mitek Systems’s market cap is $410.36M.
When is Mitek Systems’s upcoming earnings report date?
Mitek Systems’s upcoming earnings report date is May 01, 2025 which is in 55 days.
How were Mitek Systems’s earnings last quarter?
Mitek Systems released its earnings results on Feb 10, 2025. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.145 by $0.005.
Is Mitek Systems overvalued?
According to Wall Street analysts Mitek Systems’s price is currently Undervalued.
Does Mitek Systems pay dividends?
Mitek Systems does not currently pay dividends.
What is Mitek Systems’s EPS estimate?
Mitek Systems’s EPS estimate is 0.26.
How many shares outstanding does Mitek Systems have?
Mitek Systems has 45,243,713 shares outstanding.
What happened to Mitek Systems’s price movement after its last earnings report?
Mitek Systems reported an EPS of $0.15 in its last earnings report, beating expectations of $0.145. Following the earnings report the stock price went down -7.804%.
Which hedge fund is a major shareholder of Mitek Systems?
Currently, no hedge funds are holding shares in MITK
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Mitek Systems Stock Smart Score
Underperform
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Analyst Consensus
Strong Buy
Average Price Target:
$12.90 (40.22% Upside)
$12.90 (40.22% Upside)
Blogger Sentiment
Bullish
MITK Sentiment 70%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 1.8M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $76.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 7.3%
Last 30 Days ▼ 7.3%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-19.29%
12-Months-Change
Fundamentals
Return on Equity
2.15%
Trailing 12-Months
Asset Growth
-2.33%
Trailing 12-Months
Company Description
Mitek Systems
Mitek Systems, Inc. engages in the innovation of mobile capture and digital identity verification solutions. Its products include Mobile Deposit, Mobile Verify, Mobile Fill, Mobile Docs, A2iA CheckReader, A2iA XE, A2iA DocumentReader, A2iA TextReader, and ICAR ID_CLOUD. The company was founded on December 16, 1983 and is headquartered in San Diego, CA.
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MITK Earnings Call
Q1 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call conveyed a positive outlook with strong growth in identity revenue, SaaS revenue, and Check Fraud Defender expansion. However, challenges remain in the deposit products segment due to renewal timing variability. Overall, the company's strategic initiatives are starting to yield positive results, with expectations for continued growth and improved profitability.Read More>---
MITK Stock 12 Month Forecast
Average Price Target
$12.90
▲(40.22% Upside)
Technical Analysis
Best Analysts Covering MITK
1 Year
1 Year Success Rate
9/19 ratings generated profit
1 Year Average Return
+7.17%
reiterated a buy rating 25 days ago
Copying Michael Grondahl's trades and holding each position for 1 Year would result in 47.37% of your transactions generating a profit, with an average return of +7.17% per trade.
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