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31
MITK Quote, Financials, Valuation and Earnings
Last price:
$8.98
Seasonality move
:
7.13%
Day range:
$8.65 - $8.99
52-week range:
$7.35 - $16.24
Dividend yield:
0%
P/E ratio:
95.06x
P/S ratio:
2.45x
P/B ratio:
2.02x
Volume:
397.6K
Avg. volume:
562.2K
1-year change:
-24.66%
Market cap:
$406.3M
Revenue:
$172.1M
EPS (TTM):
$0.09
Analysts' Opinion
-
Consensus RatingMitek Systems has received a consensus rating of Buy. The company's average rating is a Buy based on 3 Buy ratings, 1 Hold rating, and 0 Sell ratings.
-
Price Target UpsideAccording to analysts' consensus price target of $13.10, Mitek Systems has an estimated upside of 45.88% from its current price of $8.98.
-
Price Target DownsideAccording to analysts, the lowest downside price target is $10.50 representing 100% downside risk from its current price of $8.98.
Fair Value
-
According to the consensus of 4 analysts, Mitek Systems has 45.88% upside to fair value with a price target of $13.10 per share.
MITK vs. S&P 500
-
Over the past 5 trading days, Mitek Systems has overperformed the S&P 500 by 0.98% suggesting its relative strength compared to the major market average is strong at this time.
Share Buyback
-
Mitek Systems does have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.
Revenue Growth
-
Mitek Systems has grown year-over-year revenues for 4 quarters straight. In the most recent quarter Mitek Systems reported revenues of $37.3M.
Earnings Growth
-
Mitek Systems earnings have been falling on a year-over-year basis for 1 quarter in a row. In the most recent quarter Mitek Systems reported earnings per share of -$0.10.
Enterprise value:
430.8M
EV / Invested capital:
--
Price / LTM sales:
2.45x
EV / EBIT:
38.76x
EV / Revenue:
2.50x
PEG ratio (5yr expected):
--
EV / Free cash flow:
10.72x
Price / Operating cash flow:
10.51x
Enterprise value / EBITDA:
15.47x
Gross Profit (TTM):
$147.6M
Return On Assets:
1.09%
Net Income Margin (TTM):
2.59%
Return On Equity:
2.11%
Return On Invested Capital:
1.27%
Operating Margin:
-6.08%
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2023-12-31 | 2024-12-31 | |
| Income Statement | ||||||
| Revenue | $158M | $163.8M | $172.4M | $36.9M | $37.3M | |
| Gross Profit | $137.5M | $140.4M | $147.6M | $31.4M | $31.3M | |
| Operating Income | $19.3M | $661K | $8.6M | -$6.9M | -$2.3M | |
| EBITDA | $34.3M | $25.1M | $27.8M | -$1M | $1.5M | |
| Diluted EPS | $0.10 | -$0.06 | $0.09 | -$0.13 | -$0.10 | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Balance Sheet | ||||||
| Current Assets | $87.5M | $188.3M | $140.7M | $186M | $176.8M | |
| Total Assets | $177M | $403M | $385.6M | $405.4M | $396M | |
| Current Liabilities | $23.2M | $32.8M | $42.4M | $39.6M | $38.5M | |
| Total Liabilities | $35.3M | $215.6M | $194.4M | $191.6M | $195M | |
| Total Equity | $141.8M | $187.4M | $191.2M | $213.8M | $200.9M | |
| Total Debt | -- | $122.6M | $129.8M | $137.5M | $145.7M | |
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2023-12-31 | 2024-12-31 | |
| Cash Flow Statement | ||||||
| Cash Flow Operations | $24.1M | $16.9M | $41.7M | -$9.5M | $565K | |
| Cash From Investing | $18.2M | -$7.5M | $11.7M | $17.9M | $840K | |
| Cash From Financing | -$10.4M | -$2M | -$25.9M | -$3.1M | -$3.1M | |
| Free Cash Flow | $23.1M | $15.7M | $40.2M | -$9.7M | $230K | |
MITK
Sector
Market Cap
$406.3M
$90.6M
Price % of 52-Week High
55.3%
59.14%
Dividend Yield
0%
0%
Shareholder Yield
--
0.85%
1-Year Price Total Return
-24.66%
-16.94%
Beta (5-Year)
1.080
0.911
Dividend yield:
0%
Annualized payout:
$0.00
Payout ratio:
--
Growth streak:
0 years
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Technicals
8-day SMA
Sell
Level
$9.00
200-day SMA
Sell
Level
$10.06
Bollinger Bands (100)
Sell
Level
8.89 - 10.49
Chaikin Money Flow
Sell
Level
-17.4M
20-day SMA
Sell
Level
$9.40
Relative Strength Index (RSI14)
Sell
Level
40.57
ADX Line
Sell
Level
26.71
Williams %R
Neutral
Level
-75.3521
50-day SMA
Sell
Level
$10.01
MACD (12, 26)
Sell
Level
-0.33
25-day Aroon Oscillator
Sell
Level
-88
On Balance Volume
Neutral
Level
16.9M
Financial Scores
Hold
Altman Z-Score
(Annual)
Level (1.9711)
Buy
CA Score
(Annual)
Level (-0.1502)
Buy
Beneish M-Score
(Annual)
Level (-2.8186)
Sell
Momentum Score
Level (3)
Sell
Ohlson Score
Level (1.0213)
Buy
Piotroski F Score
(Annual)
Level (6)
Buy
Quality Ratio Score
Level (5)
Buy
Fundamental Score
Level (6)
Revenue Forecast
Earnings per Share Forecast
Company Profile
Mitek Systems Inc is engaged in the development, sale, and service of proprietary software solutions related to mobile imaging. The firm is a software development company with expertise in artificial intelligence, and machine learning. It serves more than 7,900 financial services organizations, financial technology (fintech) brands, telecommunications companies, and marketplace brands across the globe. The company's Mobile Deposit solution is used by consumers for mobile check deposits. The company's Mobile Verify verifies a user's identity online enabling organizations to build safer digital communities, whereas CheckReader enables financial institutions to automatically extract data from a check image received across any deposit channel - branch, ATM, RDC, and mobile.
Stock Forecast FAQ
In the current month, MITK has received 3 Buy ratings 1 Hold ratings, and 0 Sell ratings. The MITK average analyst price target in the past 3 months is $13.10.
-
Where Will Mitek Systems Stock Be In 1 Year?
According to analysts, the consensus estimate is that Mitek Systems share price will rise to $13.10 per share over the next 12 months.
-
What Do Analysts Say About Mitek Systems?
Analysts are divided on their view about Mitek Systems share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that Mitek Systems is a Sell and believe this share price will drop from its current level to $10.50.
-
What Is Mitek Systems's Price Target?
The price target for Mitek Systems over the next 1-year time period is forecast to be $13.10 according to 4 Wall Street analysts, 3 of them rate the stock a Buy, 0 rate the stock a Sell, and 1 analyst rates the stock a Hold.
-
Is MITK A Buy, Sell Or Hold?
According to Wall Street analysts, the consensus rating for Mitek Systems is a Buy. 3 of 4 analysts rate the stock a Buy at this time.
-
How Can I Buy Shares Of MITK?
You can purchase shares of Mitek Systems via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, tastytrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase Mitek Systems shares.
-
What Is The Mitek Systems Share Price Today?
Mitek Systems was last trading at $8.98 per share. This represents the most recent stock quote for Mitek Systems. Yesterday, Mitek Systems closed at $8.98 per share.
-
How To Buy Mitek Systems Stock Online?
In order to purchase Mitek Systems stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.
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