NASDAQ:MITK Mitek Systems (MITK) Stock Price, News & Analysis → Crypto Pioneer Says: “The last crypto bull market has begun.” (From InvestorPlace) (Ad) Free MITK Stock Alerts $13.86 -0.32 (-2.26%) (As of 05/16/2024 ET) Add Compare Share Share Today's Range$13.67▼$14.0450-Day Range$11.46▼$14.8352-Week Range$9.40▼$16.24Volume883,606 shsAverage Volume510,624 shsMarket Capitalization$648.51 millionP/E RatioN/ADividend YieldN/APrice Target$19.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Mitek Systems alerts: Email Address Mitek Systems MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside37.1% Upside$19.00 Price TargetShort InterestBearish10.13% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.18Based on 26 Articles This WeekInsider TradingN/AProj. Earnings Growth12.82%From $0.78 to $0.88 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.88 out of 5 starsComputer And Technology Sector423rd out of 595 stocksComputer Peripheral Equipment, Not Elsewhere Classified Industry10th out of 14 stocks 3.5 Analyst's Opinion Consensus RatingMitek Systems has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageMitek Systems has only been the subject of 2 research reports in the past 90 days.Read more about Mitek Systems' stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted10.13% 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 8.9.Change versus previous monthShort interest in Mitek Systems has recently increased by 13.67%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldMitek Systems does not currently pay a dividend.Dividend GrowthMitek Systems does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MITK. Previous Next 1.8 News and Social Media Coverage News SentimentMitek Systems has a news sentiment score of 0.18. 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 lower news sentiment than the 0.52 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 26 news articles for Mitek Systems this week, compared to 4 articles on an average week.Search InterestOnly 2 people have searched for MITK on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Mitek Systems to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Mitek Systems insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.40% 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. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Mitek Systems are expected to grow by 12.82% in the coming year, from $0.78 to $0.88 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Mitek Systems is -86.63, 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 -86.63, 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 3.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Mitek Systems' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressBiden replacement revealed?A former CIA insider just announced a disturbing prediction… Biden will withdraw as the Democrat nominee on June 13.See his shocking evidence in this new report About Mitek Systems Stock (NASDAQ:MITK)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.Read More MITK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MITK Stock News HeadlinesMay 16 at 6:19 AM | investorplace.com3 Next-Gen Tech Stocks to Buy for Long-Term WealthMay 16 at 4:54 AM | americanbankingnews.comHC Wainwright Reiterates Buy Rating for Mitek Systems (NASDAQ:MITK)May 15 at 2:04 AM | americanbankingnews.comMitek Systems (NASDAQ:MITK) Shares Down 5.1% After Earnings MissMay 14 at 6:55 PM | markets.businessinsider.comAnalyst Ratings For Mitek SystemsMay 14 at 9:27 AM | prnewswire.comViewpointe and Mitek announce partnership to strengthen check fraud detectionMay 14 at 9:01 AM | msn.comMitek Systems, Inc. (NASDAQ:MITK) Q2 2024 Earnings Call TranscriptMay 14 at 4:01 AM | finance.yahoo.comMitek Systems Inc (MITK) Q2 2024 Earnings Call Transcript Highlights: Navigating Growth and ...May 14 at 12:11 AM | gurufocus.comQ2 2024 Mitek Systems Inc Earnings Call TranscriptMay 13 at 1:11 PM | prnewswire.comN-iX enhances partnership with Mitek Systems to offer strengthened fraud prevention servicesMay 13 at 7:13 AM | marketwatch.comMitek Systems Fires Max Carnecchia as Chief ExecutiveMay 13 at 7:13 AM | sfgate.comMitek Systems: Fiscal Q2 Earnings SnapshotMay 13 at 7:13 AM | markets.businessinsider.comMitek Q2 Profit Down, Misses Estimates; Backs FY24 View; To Terminate CEO; Plans $50 Mln BuybackMay 13 at 7:13 AM | msn.comMitek Systems Non-GAAP EPS of $0.24 misses by $0.07, revenue of $46.97M misses by $1.99MMay 13 at 6:32 AM | businesswire.comMitek Announces $50 Million Share Repurchase ProgramMay 13 at 6:31 AM | businesswire.comMitek Reports Fiscal 2024 Second Quarter Financial Results and Reiterates 2024 Fiscal Full Year GuidanceMay 12, 2024 | americanbankingnews.comMitek Systems (NASDAQ:MITK) Stock Rating Lowered by StockNews.comMay 9, 2024 | finance.yahoo.comInvestors Will Want Mitek Systems' (NASDAQ:MITK) Growth In ROCE To PersistMay 9, 2024 | investorplace.com3 Under-the-Radar Stocks Poised for Explosive Growth by 2028May 8, 2024 | finance.yahoo.comMitek to File Its Fiscal 2024 Second Quarter Form 10-Q on May 10, 2024 and Hold Earnings Call on May 13, 2024May 7, 2024 | businesswire.comSoaring Scam and Fraud Sophistication Remains Top Challenge Threatening to Overwhelm the Global Financial Services SectorMay 6, 2024 | businesswire.comMitek Named Winner of Coveted Global Information Security Award During RSA Conference 2024May 6, 2024 | businesswire.comSeasoned Industry Leader Peter Martis Appointed at ID R&D to Drive Explosive Growth InitiativesMay 4, 2024 | investorplace.comUnseen Winners: 3 Stocks Ready for a Triple-Digit RiseApril 29, 2024 | investorplace.comShhh! 3 Secret Cybersecurity Stocks Flying Below Wall Street's RadarApril 23, 2024 | msn.comMitek Systems (NASDAQ:MITK): Recent Earnings Miss Creates Value WindowSee More Headlines 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 Company Calendar Last Earnings5/13/2024Today5/16/2024Fiscal Year End9/30/2024Next Earnings (Estimated)10/24/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Computer peripheral equipment, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:MITK CUSIPN/A CIK807863 Webwww.miteksystems.com Phone(619) 269-6800Fax619-269-6801Employees573Year FoundedN/APrice Target and Rating Average Stock Price Target$19.00 High Stock Price Target$19.00 Low Stock Price Target$19.00 Potential Upside/Downside+37.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.16) Trailing P/E RatioN/A Forward P/E Ratio17.77 P/E GrowthN/ANet Income$8.03 million Net Margins-4.49% Pretax Margin-6.78% Return on Equity11.71% Return on Assets6.00% Debt Debt-to-Equity Ratio0.65 Current Ratio4.27 Quick Ratio4.70 Sales & Book Value Annual Sales$172.55 million Price / Sales3.76 Cash Flow$1.32 per share Price / Cash Flow10.51 Book Value$4.62 per share Price / Book3.00Miscellaneous Outstanding Shares46,790,000Free Float44,732,000Market Cap$648.51 million OptionableOptionable Beta1.12 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for May 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Scipio Maximus Carnecchia (Age 61)CEO & Director Comp: $919.14kMr. Michael E. Diamond (Age 59)Senior VP & GM of Digital Banking Comp: $537.23kMr. Chris BriggsSenior VP of Identity & Head of ProductsMr. David B. Lyle (Age 60)Chief Financial Officer Mr. Todd KehrliInvestor ContactsMr. Jason L. Gray (Age 53)Chief Legal Officer, Chief Compliance Officer & Corporate Secretary Comp: $575.91kAngela M. RomeiCorporate Communications DirectorMs. Cindy WhiteChief Marketing OfficerMs. Judith Ohrn Hicks (Age 60)Senior Vice President of People Operations More ExecutivesKey CompetitorsStratasysNASDAQ:SSYSEvolv TechnologiesNASDAQ:EVLVImmersionNASDAQ:IMMRRADCOMNASDAQ:RDCMPreformed Line ProductsNASDAQ:PLPCView All CompetitorsInsiders & InstitutionsAristides Capital LLCBought 24,216 shares on 5/15/2024Ownership: 0.101%Price T Rowe Associates Inc. MDBought 1,759 shares on 5/15/2024Ownership: 0.066%BOKF NABought 14,022 shares on 5/15/2024Ownership: 0.058%LGT Group FoundationBought 20,460 shares on 5/14/2024Ownership: 0.927%Tocqueville Asset Management L.P.Bought 130,000 shares on 5/10/2024Ownership: 1.125%View All Insider TransactionsView All Institutional Transactions MITK Stock Analysis - Frequently Asked Questions Should I buy or sell Mitek Systems stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mitek Systems in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MITK shares. View MITK analyst ratings or view top-rated stocks. What is Mitek Systems' stock price target for 2024? 2 brokers have issued twelve-month price objectives for Mitek Systems' stock. Their MITK share price targets range from $19.00 to $19.00. On average, they expect the company's share price to reach $19.00 in the next year. This suggests a possible upside of 37.1% from the stock's current price. View analysts price targets for MITK or view top-rated stocks among Wall Street analysts. How have MITK shares performed in 2024? Mitek Systems' stock was trading at $13.04 on January 1st, 2024. Since then, MITK shares have increased by 6.3% and is now trading at $13.86. View the best growth stocks for 2024 here. When is Mitek Systems' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, October 24th 2024. View our MITK earnings forecast. How were Mitek Systems' earnings last quarter? Mitek Systems, Inc. (NASDAQ:MITK) posted its earnings results on Monday, May, 13th. The software maker reported $0.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.22 by $0.04. The software maker had revenue of $46.97 million for the quarter, compared to analyst estimates of $46.49 million. Mitek Systems had a negative net margin of 4.49% and a positive trailing twelve-month return on equity of 11.71%. What ETFs hold Mitek Systems' stock? ETFs with the largest weight of Mitek Systems (NASDAQ:MITK) stock in their portfolio include SPDR S&P Software & Services ETF (XSW).Invesco Nasdaq Future Gen 200 ETF (QQQS). What guidance has Mitek Systems issued on next quarter's earnings? Mitek Systems updated its FY 2024 earnings guidance on Monday, May, 13th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $180.0 million-$185.0 million, compared to the consensus revenue estimate of $181.5 million. What is Max Carnecchia's approval rating as Mitek Systems' CEO? 3 employees have rated Mitek Systems Chief Executive Officer Max Carnecchia on Glassdoor.com. Max Carnecchia has an approval rating of 69% among the company's employees. What other stocks do shareholders of Mitek Systems own? Based on aggregate information from My MarketBeat watchlists, some companies that other Mitek Systems investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA), Salesforce (CRM), Intel (INTC), Block (SQ), AbbVie (ABBV), PayPal (PYPL) and Cisco Systems (CSCO). Who are Mitek Systems' major shareholders? Mitek Systems' stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.52%), LSV Asset Management (1.57%), Tocqueville Asset Management L.P. (1.12%), LGT Group Foundation (0.93%), Allspring Global Investments Holdings LLC (0.83%) and North Star Investment Management Corp. (0.59%). Insiders that own company stock include Christopher H Briggs, Frank Teruel, Jason Gray, Jeffrey C Davison, Michael E Diamond, Scipio Maximus Carnecchia, Stephen Ritter and William K Aulet. 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. This page (NASDAQ:MITK) was last updated on 5/16/2024 by MarketBeat.com Staff From Our PartnersThe 1,000X Crypto PlaybookTrue Market InsidersGold Set to EXPLODE!Gold Safe ExchangeCrypto Pioneer Says: “The last crypto bull market has begun.”InvestorPlaceWith revenue forecasted to grow dramatically in 2024 and beyond, this company should be on your radarStocks NewsThe Overlooked Retirement Asset You Probably Don’t OwnCrypto 101 MediaMost important medical advance in 100 yearsThe Oxford ClubBill Clinton Backing Biden Replacement???The Freeport SocietyCharles Payne Demystifies OptionsUnstoppable Prosperity Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Mitek Systems, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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