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Mitek Systems Inc (GB:0K1W)
LSE:0K1W
Mitek Systems (0K1W) Share Price & Analysis
2 Followers
0K1W Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$8.88 - $16.24
Previous Close$13.15
Volume2.19K
Average Volume (3M)1.46K
Market Cap
$605.47M
Enterprise Value$623.45M
Total Cash (Recent Filing)$123.91M
Total Debt (Recent Filing)$141.89M
Price to Earnings (P/E)-248.6
Beta0.85
Next Earnings
Jul 25, 2024EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.05
Shares Outstanding46,790,611
10 Day Avg. Volume608
30 Day Avg. Volume1,463
Standard Deviation0.15
R-Squared0.06
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)25.29
Price to Sales (P/S)20.56
Price to Cash Flow (P/CF)-15.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.81
Enterprise Value/Gross Profit3.64
Enterprise Value/Ebitda31.67
Forecast
1Y Price Target
$19.25Price Target Upside51.57% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
Mitek Systems News
Bulls Say, Bears Say
Bulls Say
Market TrendsThe Mobile Identity Verification segment should benefit from secular trends with growing fraud and Mitek's broad solutions.
Product ImpactNew products like Check Fraud Defender, MiVIP, and ID R&D are expected to contribute meaningfully to the company's growth.
ValuationMitek shares trade at a discount to its mature-state software peers, which could indicate an attractive valuation.
Bears Say
Financial PerformanceOperating expenses were well above estimates due to one-time audit costs, resulting in an EBITDA loss for the quarter.
Legal RisksRisks to the stock include potential patent dispute rulings, a possible delisting from the Nasdaq.
Sales TrendF4Q23 results showed revenue down due to lumpiness in quarterly sales, combined with a drop in consolidated gross margin.
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Options Prices
Currently, No data available
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Ownership Overview
19.57% Insiders
15.73% Mutual Funds
21.44% Other Institutional Investors
43.27% Public Companies and
Individual Investors
0K1W FAQ
What was Mitek Systems Inc’s price range in the past 12 months?
Mitek Systems Inc lowest share price was $8.88 and its highest was $16.24 in the past 12 months.
What is Mitek Systems Inc’s market cap?
Currently, no data Available
When is Mitek Systems Inc’s upcoming earnings report date?
Mitek Systems Inc’s upcoming earnings report date is Jul 25, 2024 which is in 88 days.
How were Mitek Systems Inc’s earnings last quarter?
Mitek Systems Inc released its earnings results on Apr 15, 2024. The company reported $0.175 earnings per share for the quarter, beating the consensus estimate of N/A by $0.175.
Is Mitek Systems Inc overvalued?
According to Wall Street analysts Mitek Systems Inc’s price is currently Undervalued.
Does Mitek Systems Inc pay dividends?
Mitek Systems Inc does not currently pay dividends.
What is Mitek Systems Inc’s EPS estimate?
Mitek Systems Inc’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Mitek Systems Inc have?
Mitek Systems Inc has 46,790,610 shares outstanding.
What happened to Mitek Systems Inc’s price movement after its last earnings report?
Mitek Systems Inc reported an EPS of $0.175 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -9.352%.
Which hedge fund is a major shareholder of Mitek Systems Inc?
Among the largest hedge funds holding Mitek Systems Inc’s share is Blue Grotto Capital, Llc. It holds Mitek Systems Inc’s shares valued at 45M.
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Mitek Systems Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$19.25 (51.57% Upside)
$19.25 (51.57% Upside)
Blogger Sentiment
Bullish
GB:0K1W Sentiment 90%
Sector Average 69%
Sector Average 69%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
42.53%
12-Months-Change
Fundamentals
Return on Equity
-1.23%
Trailing 12-Months
Asset Growth
5.13%
Trailing 12-Months
Company Description
Mitek Systems Inc
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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0K1W Earnings Call
Q1 2024
0:00 / 0:00
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0K1W Stock 12 Months Forecast
Average Price Target
$19.25
▲(51.57% Upside)
Technical Analysis
Best Analysts Covering 0K1W
1 Year
1 Year Success Rate
11/18 ratings generated profit
1 Year Average Return
+14.18%
assigned a buy rating last month
Copying Michael Grondahl's trades and holding each position for 1 Year would result in 61.11% of your transactions generating a profit, with an average return of +14.18% per trade.
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