NASDAQ:MITK Mitek Systems (MITK) Stock Price, News & Analysis → Trump’s “Tax Free” Retirement Strategy (From Gold Safe Exchange) (Ad) Free MITK Stock Alerts $13.96 +0.04 (+0.29%) (As of 03:14 PM ET) Add Compare Share Share Today's Range$13.78▼$14.2350-Day Range$11.34▼$13.9252-Week Range$8.77▼$14.23Volume372,805 shsAverage Volume395,897 shsMarket Capitalization$653.19 millionP/E Ratio87.26Dividend YieldN/APrice Target$18.00 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/Downside28.9% Upside$18.00 Price TargetShort InterestBearish6.75% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.70Based on 34 Articles This WeekInsider TradingN/AProj. Earnings Growth14.29%From $0.84 to $0.96 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.3.22 out of 5 starsComputer And Technology Sector268th out of 587 stocksComputer Peripheral Equipment, Not Elsewhere Classified Industry5th out of 13 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $18.00, Mitek Systems has a forecasted upside of 28.9% from its current price of $13.96.Amount of Analyst CoverageMitek Systems has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.75% 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 8.3.Change versus previous monthShort interest in Mitek Systems has recently increased by 2.93%, indicating that investor sentiment is decreasing. 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 3.2 News and Social Media Coverage News SentimentMitek Systems has a news sentiment score of 0.70. 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 higher news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 34 news articles for Mitek Systems this week, compared to 3 articles on an average week.Search Interest4 people have searched for MITK on MarketBeat in the last 30 days. This is an increase of 100% 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 -17% 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Mitek Systems are expected to grow by 14.29% in the coming year, from $0.84 to $0.96 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Mitek Systems is 87.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.43.Price to Earnings Ratio vs. SectorThe P/E ratio of Mitek Systems is 87.26, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 246.75.Price to Book Value per Share RatioMitek Systems has a P/B Ratio of 3.10. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaAltcoin FRENZY Alert…Bitcoin recently crossed the highest price in its 15-year history… Less than 2 years after one of the most vicious crypto market meltdowns we've ever seen! Bitcoin's BOOM also sent shockwaves through the altcoin market, with select coins seeing HUGE moves in a matter of days… Like Fetch.ai, that gained over 350% in just the last 30 days… Click here now to register for the event (FOR FREE!) 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. Mitek Systems, Inc. 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 HeadlinesMarch 27, 2024 | seekingalpha.comMitek Systems: Overcoming Its Past IssuesMarch 27, 2024 | investorplace.comTomorrow's Titans: 7 Stocks to Own for a Decade of Unstoppable GainsMarch 28, 2024 | Behind the Markets (Ad)Urgent: Protect Your Investments from a Chinese InvasionAn alarming new reality is unfolding across America. The United States is bracing for the unthinkable - a potential Chinese invasion.March 25, 2024 | americanbankingnews.comMitek Systems, Inc. (NASDAQ:MITK) Expected to Post Q2 2024 Earnings of $0.21 Per ShareMarch 25, 2024 | americanbankingnews.comBrokers Set Expectations for Mitek Systems, Inc.'s Q2 2024 Earnings (NASDAQ:MITK)March 25, 2024 | americanbankingnews.comMitek Systems, Inc. (NASDAQ:MITK) Expected to Post Q1 2024 Earnings of $0.09 Per ShareMarch 24, 2024 | insidermonkey.com5 Best Small Cap AI Stocks To Buy NowMarch 23, 2024 | americanbankingnews.comMitek Systems, Inc. Expected to Earn Q2 2024 Earnings of $0.22 Per Share (NASDAQ:MITK)March 28, 2024 | WealthPress (Ad)A lot of people are making this costly mistakeYou may have heard the saying “options are risky” … And, they can be. But only if you use them the way a lot of folks do. A lot of people think of BUYING speculative options when they talk about options. And BUYING low probability, speculative options is definitely risky… It’s how some folks leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. March 23, 2024 | americanbankingnews.comQ1 2024 Earnings Forecast for Mitek Systems, Inc. Issued By Northland Capmk (NASDAQ:MITK)March 23, 2024 | americanbankingnews.comQ1 2024 Earnings Forecast for Mitek Systems, Inc. (NASDAQ:MITK) Issued By William BlairMarch 22, 2024 | americanbankingnews.comMitek Systems (NASDAQ:MITK) Lowered to "Hold" at StockNews.comMarch 21, 2024 | seekingalpha.comMitek Systems, Inc. (MITK) Q4 2023 Earnings Call TranscriptMarch 21, 2024 | americanbankingnews.comMitek Systems (NASDAQ:MITK) Receives "Buy" Rating from HC WainwrightMarch 20, 2024 | msn.comUpdate: MITK, March 20March 20, 2024 | finance.yahoo.comMitek Systems, Inc. (NASDAQ:MITK) Q4 2023 Earnings Call TranscriptMarch 20, 2024 | finance.yahoo.comMitek Systems Inc (MITK) Reports Record Revenue and Earnings for Fiscal 2023March 20, 2024 | finance.yahoo.comQ4 2023 Mitek Systems Inc Earnings CallMarch 19, 2024 | investorplace.comMITK Stock Earnings: Mitek Systems Beats EPS, Beats Revenue for Q4 2023March 19, 2024 | businesswire.comMitek Reports Record Revenue and Earnings for Fiscal 2023March 19, 2024 | businesswire.comMitek Provides Update on the Filing of Its Fiscal 2023 Annual Report on Form 10-KMarch 18, 2024 | investorplace.com3 Bargain Stocks With the Potential to Turn $100 into $10KMarch 18, 2024 | markets.businessinsider.comAnalysts Are Bullish on These Technology Stocks: Mitek Systems (MITK), Clear Secure (YOU)March 18, 2024 | finance.yahoo.comMitek to File Its Fiscal 2023 Annual Report on Form 10-K Today and Will Host Earnings Call on March 19, 2024March 16, 2024 | investorplace.comThe Clock is Ticking: 3 Stocks Set to Explode in the Next QuarterMarch 16, 2024 | finance.yahoo.comMitek Systems, Inc. (MITK)March 15, 2024 | finance.yahoo.com3 Stocks That Could Fast-Track Your Millionaire StatusSee 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 Earnings11/04/2021Today3/28/2024Next Earnings (Estimated)9/03/2024Fiscal Year End9/30/2024Get 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) 269-6800Fax619-269-6801Employees565Year FoundedN/APrice Target and Rating Average Stock Price Target$18.00 High Stock Price Target$19.00 Low Stock Price Target$17.00 Potential Upside/Downside+28.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.16 Trailing P/E Ratio87.26 Forward P/E Ratio16.62 P/E GrowthN/ANet Income$8.03 million Net Margins4.25% Pretax Margin5.99% Return on Equity17.83% Return on Assets8.94% Debt Debt-to-Equity Ratio0.66 Current Ratio3.69 Quick Ratio3.69 Sales & Book Value Annual Sales$172.55 million Price / Sales3.79 Cash Flow$1.42 per share Price / Cash Flow9.80 Book Value$4.50 per share Price / Book3.10Miscellaneous Outstanding Shares46,790,000Free Float44,732,000Market Cap$653.19 million OptionableOptionable Beta1.07 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Scipio Maximus Carnecchia (Age 61)CEO & Director Comp: $909.72kMr. Michael E. Diamond (Age 59)Senior VP & GM of Digital Banking Comp: $483.09kMr. 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 Mr. Chris BriggsSenior VP of Identity & Head of ProductsMore ExecutivesKey CompetitorsEvolv TechnologiesNASDAQ:EVLVStratasysNASDAQ:SSYSImmersionNASDAQ:IMMRIdentivNASDAQ:INVERADCOMNASDAQ:RDCMView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Bought 92,146 shares on 3/11/2024Ownership: 7.412%Price T Rowe Associates Inc. MDBought 963 shares on 2/16/2024Ownership: 0.064%Nuveen Asset Management LLCBought 1,051 shares on 2/15/2024Ownership: 0.255%Citadel Advisors LLCSold 900 shares on 2/15/2024Ownership: 0.000%Price T Rowe Associates Inc. MDBought 963 shares on 2/15/2024Ownership: 0.064%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 twelve months. 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 Wall Street research analysts have issued 12 month price targets for Mitek Systems' stock. Their MITK share price targets range from $17.00 to $19.00. On average, they predict the company's share price to reach $18.00 in the next twelve months. This suggests a possible upside of 28.9% 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 at the start of the year. Since then, MITK stock has increased by 7.1% and is now trading at $13.96. 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 Tuesday, September 3rd 2024. View our MITK earnings forecast. How were Mitek Systems' earnings last quarter? Mitek Systems, Inc. (NASDAQ:MITK) issued its earnings results on Thursday, November, 4th. The software maker reported $0.22 EPS for the quarter, beating analysts' consensus estimates of $0.19 by $0.03. The software maker earned $33.30 million during the quarter, compared to analysts' expectations of $33.23 million. Mitek Systems had a trailing twelve-month return on equity of 17.83% and a net margin of 4.25%. Mitek Systems's revenue for the quarter was up 8.8% compared to the same quarter last year. During the same period last year, the business posted $0.22 EPS. What ETF holds Mitek Systems' stock? iShares Virtual Work and Life Multisector ETF holds 1,514 shares of MITK stock, representing 0.50% of its portfolio. What guidance has Mitek Systems issued on next quarter's earnings? Mitek Systems updated its FY 2024 earnings guidance on Tuesday, March, 19th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $180.0 million-$185.0 million, compared to the consensus revenue estimate of $182.0 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 many different institutional and retail investors. Top institutional investors include Blue Grotto Capital LLC (7.59%), Vanguard Group Inc. (7.41%), Vanguard Group Inc. (7.41%), Legal & General Group Plc (6.68%), Independent Advisor Alliance (4.04%) and Dimensional Fund Advisors LP (3.03%). 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 3/28/2024 by MarketBeat.com Staff From Our PartnersGrab Your Free Bitcoin Today!Crypto Swap ProfitsMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceTop Project Outperforms BTC in 2023…Crypto 101 MediaThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryMost important medical advance in 100 yearsThe Oxford ClubFed launches fourth dollar overhaulStansberry ResearchSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlace 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.