Intellicheck, Inc. (NASDAQ:IDN) to Post FY2022 Earnings of ($0.16) Per Share, HC Wainwright Forecasts

Intellicheck, Inc. (NASDAQ:IDNGet Rating) – Analysts at HC Wainwright lifted their FY2022 earnings estimates for shares of Intellicheck in a research report issued to clients and investors on Tuesday, November 15th. HC Wainwright analyst S. Buck now anticipates that the company will post earnings of ($0.16) per share for the year, up from their previous estimate of ($0.21). The consensus estimate for Intellicheck’s current full-year earnings is ($0.19) per share. HC Wainwright also issued estimates for Intellicheck’s Q4 2022 earnings at ($0.01) EPS, Q1 2023 earnings at ($0.04) EPS, Q2 2023 earnings at ($0.03) EPS, Q3 2023 earnings at $0.00 EPS, Q4 2023 earnings at $0.02 EPS, FY2023 earnings at ($0.05) EPS and FY2023 earnings at ($0.05) EPS.

IDN has been the topic of several other reports. Craig Hallum boosted their price objective on shares of Intellicheck from $2.00 to $2.50 in a report on Friday, August 12th. StockNews.com initiated coverage on Intellicheck in a research report on Monday, August 8th. They issued a “hold” rating for the company. Finally, DA Davidson lifted their target price on Intellicheck to $5.00 in a research report on Monday, August 15th.

Intellicheck Trading Up 3.5 %

Shares of IDN opened at $2.07 on Thursday. The firm has a market cap of $39.18 million, a P/E ratio of -8.28 and a beta of 1.45. Intellicheck has a 12-month low of $1.33 and a 12-month high of $5.95. The company’s 50-day moving average price is $2.36 and its 200 day moving average price is $2.41.

Insider Buying and Selling at Intellicheck

In related news, CFO Jeffrey Ishmael acquired 11,275 shares of the stock in a transaction dated Monday, August 29th. The stock was acquired at an average cost of $2.95 per share, with a total value of $33,261.25. Following the completion of the transaction, the chief financial officer now owns 120,781 shares in the company, valued at approximately $356,303.95. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Insiders bought a total of 32,881 shares of company stock valued at $91,117 in the last three months. 6.04% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Intellicheck

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Clear Harbor Asset Management LLC boosted its holdings in Intellicheck by 0.6% in the third quarter. Clear Harbor Asset Management LLC now owns 1,486,319 shares of the company’s stock valued at $3,746,000 after purchasing an additional 8,350 shares in the last quarter. Morgan Dempsey Capital Management LLC boosted its holdings in Intellicheck by 146.7% in the second quarter. Morgan Dempsey Capital Management LLC now owns 750,000 shares of the company’s stock valued at $1,515,000 after purchasing an additional 446,000 shares in the last quarter. Herald Investment Management Ltd boosted its holdings in Intellicheck by 9.5% in the third quarter. Herald Investment Management Ltd now owns 696,725 shares of the company’s stock valued at $1,755,000 after purchasing an additional 60,575 shares in the last quarter. Nantahala Capital Management LLC acquired a new position in Intellicheck in the third quarter valued at approximately $314,000. Finally, Wilkinson Global Asset Management LLC boosted its holdings in Intellicheck by 18.8% in the third quarter. Wilkinson Global Asset Management LLC now owns 94,011 shares of the company’s stock valued at $237,000 after purchasing an additional 14,851 shares in the last quarter. 37.53% of the stock is owned by institutional investors and hedge funds.

About Intellicheck

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Intellicheck, Inc, a technology company, develops, integrates, and markets threat identification and identity authentication solutions for bank and retail fraud prevention, law enforcement threat identification, and mobile and handheld access control and security systems primarily in the United States.

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Earnings History and Estimates for Intellicheck (NASDAQ:IDN)

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