Intellicheck (NYSE:IDN) Now Covered by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Intellicheck (NYSE:IDN) in a report issued on Monday. The brokerage issued a hold rating on the stock.

Separately, HC Wainwright upped their target price on Intellicheck from $4.00 to $5.00 and gave the company a buy rating in a research report on Friday, August 11th.

Intellicheck Stock Performance

Intellicheck stock opened at $2.49 on Monday. The stock’s 50 day moving average price is $2.56 and its 200 day moving average price is $2.44. The firm has a market capitalization of $48.05 million, a PE ratio of -13.83 and a beta of 1.61. Intellicheck has a one year low of $1.85 and a one year high of $3.10.

Intellicheck (NYSE:IDN) last released its quarterly earnings results on Thursday, August 10th. The company reported ($0.04) EPS for the quarter, topping the consensus estimate of ($0.05) by $0.01. Intellicheck had a negative return on equity of 18.77% and a negative net margin of 19.27%. The firm had revenue of $4.72 million for the quarter, compared to analyst estimates of $4.37 million. On average, analysts forecast that Intellicheck will post -0.09 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in IDN. B. Riley Wealth Advisors Inc. bought a new position in Intellicheck during the 4th quarter worth $25,000. Charles Schwab Investment Management Inc. acquired a new position in Intellicheck during the 2nd quarter worth $32,000. Squarepoint Ops LLC acquired a new position in Intellicheck during the 1st quarter worth $32,000. Prudential Financial Inc. acquired a new position in Intellicheck during the 1st quarter worth $34,000. Finally, Renaissance Technologies LLC acquired a new position in Intellicheck during the 1st quarter worth $43,000. 36.22% of the stock is currently owned by institutional investors.

About Intellicheck

Intellicheck, Inc engages in the development, integration, and marketing of threat and identity authentication solutions. It offers professional services, retail, age, defense, guest, and port ID. The company was founded in 1994 and is headquartered in Melville, NY.