Recent Analysts’ Ratings Changes for Intellicheck (IDN)

A number of research firms have changed their ratings and price targets for Intellicheck (NYSE: IDN):

• 4/21/2024 – Intellicheck is now covered by analysts at StockNews.com. They set a “buy” rating on the stock.
• 4/13/2024 – Intellicheck is now covered by analysts at StockNews.com. They set a “buy” rating on the stock.
• 4/10/2024 – Intellicheck had its “market perform” rating reaffirmed by analysts at Northland Securities. They now have a $4.00 price target on the stock.
• 4/5/2024 – Intellicheck is now covered by analysts at StockNews.com. They set a “buy” rating on the stock.
• 3/28/2024 – Intellicheck is now covered by analysts at StockNews.com. They set a “buy” rating on the stock.
• 3/22/2024 – Intellicheck had its “buy” rating reaffirmed by analysts at DA Davidson. They now have a $5.00 price target on the stock.
• 3/22/2024 – Intellicheck had its “buy” rating reaffirmed by analysts at HC Wainwright. They now have a $5.00 price target on the stock.
• 3/20/2024 – Intellicheck is now covered by analysts at StockNews.com. They set a “buy” rating on the stock.
• 3/12/2024 – Intellicheck is now covered by analysts at StockNews.com. They set a “buy” rating on the stock.
• 3/4/2024 – Intellicheck is now covered by analysts at StockNews.com. They set a “buy” rating on the stock.
• 2/25/2024 – Intellicheck is now covered by analysts at StockNews.com. They set a “buy” rating on the stock.

Intellicheck Price Performance

IDN stock opened at $3.16 on Wednesday. Intellicheck, Inc. has a 12 month low of $1.56 and a 12 month high of $4.25. The company’s 50 day simple moving average is $2.51 and its 200-day simple moving average is $2.08. The firm has a market capitalization of $61.32 million, a PE ratio of -31.60 and a beta of 1.78.

Intellicheck (NYSE:IDN) last posted its quarterly earnings results on Thursday, March 21st. The company reported $0.04 earnings per share for the quarter. Intellicheck had a negative net margin of 10.47% and a negative return on equity of 10.80%. The company had revenue of $5.18 million for the quarter, compared to the consensus estimate of $5.16 million. As a group, sell-side analysts anticipate that Intellicheck, Inc. will post -0.03 earnings per share for the current year.

Hedge Funds Weigh In On Intellicheck

Hedge funds and other institutional investors have recently made changes to their positions in the business. Herald Investment Management Ltd boosted its stake in Intellicheck by 12.8% during the third quarter. Herald Investment Management Ltd now owns 850,000 shares of the company’s stock valued at $1,887,000 after buying an additional 96,439 shares in the last quarter. Truist Financial Corp boosted its position in shares of Intellicheck by 21.8% during the 4th quarter. Truist Financial Corp now owns 37,279 shares of the company’s stock valued at $71,000 after purchasing an additional 6,667 shares in the last quarter. Finally, Wilkinson Global Asset Management LLC grew its stake in shares of Intellicheck by 9.2% in the 4th quarter. Wilkinson Global Asset Management LLC now owns 158,395 shares of the company’s stock worth $301,000 after purchasing an additional 13,333 shares during the last quarter. 42.79% of the stock is currently owned by institutional investors and hedge funds.

Intellicheck, Inc, a technology company, provides on-demand digital identity validation solutions for KYC, fraud, and age verification needs in North America. The company offers solutions for digital and physical identities for financial services, fintech companies, BNPL providers, e-commerce and retail commerce businesses, law enforcement, and government agencies.