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

Equities researchers at StockNews.com started coverage on shares of Intellicheck (NYSE:IDN) in a research report issued to clients and investors on Monday. The firm set a “buy” rating on the stock.

Several other equities research analysts have also recently commented on the stock. HC Wainwright reiterated a “buy” rating and issued a $5.00 price target on shares of Intellicheck in a research report on Friday, March 22nd. Northland Securities restated a “market perform” rating and issued a $4.00 price objective on shares of Intellicheck in a report on Wednesday, April 10th. Finally, DA Davidson restated a “buy” rating and issued a $5.00 price objective on shares of Intellicheck in a report on Friday, March 22nd.

Intellicheck Stock Performance

Shares of IDN opened at $3.19 on Monday. Intellicheck has a 1 year low of $1.56 and a 1 year high of $4.25. The company has a market cap of $61.90 million, a price-to-earnings ratio of -31.90 and a beta of 1.78. The firm has a fifty day moving average of $2.59 and a 200-day moving average of $2.10.

Intellicheck (NYSE:IDN) last issued its quarterly earnings data 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 business had revenue of $5.18 million for the quarter, compared to analysts’ expectations of $5.16 million. Analysts predict that Intellicheck will post -0.03 EPS for the current year.

Institutional Investors Weigh In On Intellicheck

Several hedge funds have recently modified their holdings of IDN. Herald Investment Management Ltd boosted its position in shares of Intellicheck by 12.8% in the third quarter. Herald Investment Management Ltd now owns 850,000 shares of the company’s stock valued at $1,887,000 after acquiring an additional 96,439 shares during the period. Truist Financial Corp raised its stake in Intellicheck by 21.8% during the fourth quarter. Truist Financial Corp now owns 37,279 shares of the company’s stock worth $71,000 after acquiring an additional 6,667 shares in the last quarter. Finally, Wilkinson Global Asset Management LLC increased its stake in shares of Intellicheck by 9.2% in the fourth quarter. Wilkinson Global Asset Management LLC now owns 158,395 shares of the company’s stock valued at $301,000 after buying an additional 13,333 shares in the last quarter. 42.79% of the stock is owned by institutional investors.

About Intellicheck

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.