Mitek Systems, Inc. (MITK)

$11.54

+0.27

(+2.44%)

Market is closed - opens 7 PM, 24 Jun 2024

Insights on Mitek Systems, Inc.

  • Decreasing Revenue

    Revenue is down for the last 3 quarters, 43.07M → 36.91M (in $), with an average decrease of 7.3% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 6 quarters, 4.73M → -5.79M (in $), with an average decrease of 136.6% per quarter

  • Vs UBER

    In the last 1 year, Uber Technologies, Inc. has given 64.0% return, outperforming this stock by 55.6%

  • Vs CDNS

    In the last 3 years, Cadence Design Systems Inc. has given 43.1% return, outperforming this stock by 82.0%

Performance

  • $11.23
    $11.56
    $11.54
    downward going graph

    2.69%

    Downside

    Day's Volatility :2.85%

    Upside

    0.17%

    downward going graph
  • $9.47
    $16.24
    $11.54
    downward going graph

    17.94%

    Downside

    52 Weeks Volatility :41.69%

    Upside

    28.94%

    downward going graph

Returns

PeriodMitek Systems, Inc.Sector (Technology)Index (Russel 2000)
3 Months
-7.97%
8.8%
0.0%
6 Months
-10.47%
18.9%
0.0%
1 Year
8.36%
34.0%
0.0%
3 Years
-38.88%
57.9%
-23.0%

Highlights

Market Capitalization
527.8M
Book Value
$4.62
Earnings Per Share (EPS)
-0.17
PEG Ratio
1.28
Wall Street Target Price
19.2
Profit Margin
-4.49%
Operating Margin TTM
3.04%
Return On Assets TTM
-0.42%
Return On Equity TTM
-3.52%
Revenue TTM
164.6M
Revenue Per Share TTM
3.57
Quarterly Revenue Growth YOY
1.7999999999999998%
Gross Profit TTM
105.3M
EBITDA
14.0M
Diluted Eps TTM
-0.17
Quarterly Earnings Growth YOY
-0.94
EPS Estimate Current Year
0.95
EPS Estimate Next Year
1.18
EPS Estimate Current Quarter
0.27
EPS Estimate Next Quarter
0.28

Analyst Recommendation

Buy
    91%Buy
    8%Hold
    0
    0%Sell
Based on 12 Wall street analysts offering stock ratings for Mitek Systems, Inc.(by analysts ranked 0 to 5 stars)
Based on 12 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
11
11
11
Hold
1
1
1
Sell
00
00
00

Analyst Forecast

What analysts predicted

Upside of 66.38%

Current $11.54
Target $19.20

Company Financials

FY18Y/Y Change
Revenue
63.6M
↑ 40.03%
Net Income
-11.8M
↓ 183.79%
Net Profit Margin
-18.58%
↓ 49.63%
FY19Y/Y Change
Revenue
84.6M
↑ 33.09%
Net Income
-724.0K
↓ 93.87%
Net Profit Margin
-0.86%
↑ 17.72%
FY20Y/Y Change
Revenue
101.3M
↑ 19.77%
Net Income
7.8M
↓ 1179.28%
Net Profit Margin
7.71%
↑ 8.57%
FY21Y/Y Change
Revenue
119.8M
↑ 18.25%
Net Income
8.0M
↑ 2.1%
Net Profit Margin
6.66%
↓ 1.05%
FY22Y/Y Change
Revenue
144.8M
↑ 20.87%
Net Income
3.7M
↓ 53.7%
Net Profit Margin
2.55%
↓ 4.11%
FY23Y/Y Change
Revenue
143.9M
↓ 0.59%
Net Income
3.7M
↑ 0.0%
Net Profit Margin
2.57%
↑ 0.02%
Q4 FY22Q/Q Change
Revenue
45.7M
↑ 16.2%
Net Income
4.7M
↓ 655.16%
Net Profit Margin
10.35%
↑ 12.52%
Q1 FY23Q/Q Change
Revenue
38.8M
↓ 15.18%
Net Income
-311.0K
↓ 106.58%
Net Profit Margin
-0.8%
↓ 11.15%
Q2 FY23Q/Q Change
Revenue
38.8M
↑ 0.0%
Net Income
-311.0K
↑ 0.0%
Net Profit Margin
-0.8%
↑ 0.0%
Q3 FY23Q/Q Change
Revenue
43.1M
↑ 11.11%
Net Income
-428.0K
↑ 37.62%
Net Profit Margin
-0.99%
↓ 0.19%
Q4 FY23Q/Q Change
Revenue
37.7M
↓ 12.57%
Net Income
-1.4M
↑ 237.38%
Net Profit Margin
-3.83%
↓ 2.84%
Q1 FY24Q/Q Change
Revenue
36.9M
↓ 1.96%
Net Income
-5.8M
↑ 301.18%
Net Profit Margin
-15.69%
↓ 11.86%
FY18Y/Y Change
Total Assets
127.1M
↑ 77.26%
Total Liabilities
31.7M
↑ 207.75%
FY19Y/Y Change
Total Assets
135.9M
↑ 6.9%
Total Liabilities
28.6M
↓ 9.98%
FY20Y/Y Change
Total Assets
169.2M
↑ 24.47%
Total Liabilities
36.9M
↑ 29.22%
FY21Y/Y Change
Total Assets
419.3M
↑ 147.87%
Total Liabilities
226.0M
↑ 512.35%
FY22Y/Y Change
Total Assets
360.4M
↓ 14.04%
Total Liabilities
190.1M
↓ 15.9%
FY23Y/Y Change
Total Assets
360.4M
↑ 0.0%
Total Liabilities
190.1M
↑ 0.0%
Q4 FY22Q/Q Change
Total Assets
385.6M
↑ 2.83%
Total Liabilities
194.4M
↓ 2.11%
Q1 FY23Q/Q Change
Total Assets
360.4M
↓ 6.54%
Total Liabilities
190.1M
↓ 2.22%
Q2 FY23Q/Q Change
Total Assets
360.4M
↑ 0.0%
Total Liabilities
190.1M
↑ 0.0%
Q3 FY23Q/Q Change
Total Assets
417.5M
↑ 15.83%
Total Liabilities
209.8M
↑ 10.38%
Q4 FY23Q/Q Change
Total Assets
405.4M
↓ 2.9%
Total Liabilities
200.2M
↓ 4.6%
Q1 FY24Q/Q Change
Total Assets
405.4M
↑ 0.0%
Total Liabilities
191.6M
↓ 4.29%
FY18Y/Y Change
Operating Cash Flow
5.6M
↓ 46.14%
Investing Cash Flow
-8.4M
↑ 8.32%
Financing Cash Flow
-429.0K
↓ 162.45%
FY19Y/Y Change
Operating Cash Flow
14.3M
↑ 153.29%
Investing Cash Flow
-10.5M
↑ 24.73%
Financing Cash Flow
4.4M
↓ 1121.68%
FY20Y/Y Change
Operating Cash Flow
24.1M
↑ 69.28%
Investing Cash Flow
-24.7M
↑ 135.14%
Financing Cash Flow
3.4M
↓ 22.36%
FY21Y/Y Change
Operating Cash Flow
37.3M
↑ 54.8%
Investing Cash Flow
-170.5M
↑ 590.07%
Financing Cash Flow
143.7M
↑ 4122.16%
FY22Y/Y Change
Operating Cash Flow
26.4M
↓ 29.43%
Investing Cash Flow
-3.5M
↓ 97.93%
Financing Cash Flow
-21.1M
↓ 114.72%
Q4 FY22Q/Q Change
Operating Cash Flow
5.3M
↓ 16.8%
Investing Cash Flow
18.6M
↓ 589.76%
Financing Cash Flow
626.0K
↓ 108.05%
Q1 FY23Q/Q Change
Operating Cash Flow
7.4M
↑ 39.86%
Investing Cash Flow
19.1M
↑ 2.88%
Financing Cash Flow
633.0K
↑ 1.12%
Q2 FY23Q/Q Change
Operating Cash Flow
10.3M
↑ 40.42%
Investing Cash Flow
18.6M
↓ 2.8%
Financing Cash Flow
370.0K
↓ 41.55%

Technicals Summary

Sell

Neutral

Buy

Mitek Systems, Inc. is currently in a neutral trading position according to technical analysis indicators.

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Mitek Systems, Inc.
Mitek Systems, Inc.
-8.41%
-10.47%
8.36%
-38.88%
-32.71%
Uber Technologies, Inc.
Uber Technologies, Inc.
7.22%
13.77%
64.0%
43.14%
62.94%
Servicenow, Inc.
Servicenow, Inc.
-2.79%
7.42%
36.27%
37.23%
165.25%
Salesforce Inc
Salesforce Inc
-13.66%
-7.99%
14.9%
0.8%
60.63%
Intuit Inc.
Intuit Inc.
-5.69%
1.29%
40.22%
32.37%
140.97%
Cadence Design Systems Inc.
Cadence Design Systems Inc.
8.72%
15.43%
40.26%
137.53%
346.68%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Mitek Systems, Inc.
Mitek Systems, Inc.
87.24
NA
1.28
0.95
-0.04
0.0
NA
4.62
Uber Technologies, Inc.
Uber Technologies, Inc.
111.59
111.59
1.51
0.79
0.16
0.03
NA
5.3
Servicenow, Inc.
Servicenow, Inc.
79.56
79.56
2.89
13.53
0.28
0.04
NA
39.47
Salesforce Inc
Salesforce Inc
43.49
43.49
1.58
8.2
0.09
0.04
0.01
61.47
Intuit Inc.
Intuit Inc.
56.78
56.78
1.82
16.82
0.17
0.08
0.01
67.06
Cadence Design Systems Inc.
Cadence Design Systems Inc.
82.74
82.74
2.84
5.93
0.32
0.14
NA
13.11
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Mitek Systems, Inc.
Mitek Systems, Inc.
Buy
$527.8M
-32.71%
87.24
-4.49%
Uber Technologies, Inc.
Uber Technologies, Inc.
Buy
$146.9B
62.94%
111.59
3.6%
Servicenow, Inc.
Servicenow, Inc.
Buy
$152.5B
165.25%
79.56
20.34%
Salesforce Inc
Salesforce Inc
Buy
$234.3B
60.63%
43.49
15.3%
Intuit Inc.
Intuit Inc.
Buy
$172.4B
140.97%
56.78
19.43%
Cadence Design Systems Inc.
Cadence Design Systems Inc.
Buy
$86.8B
346.68%
82.74
25.68%

Institutional Holdings

  • BlackRock Inc

    7.84%
  • Vanguard Group Inc

    7.52%
  • Blue Grotto Capital LLC

    6.14%
  • Independent Advisor Alliance

    3.95%
  • Dimensional Fund Advisors, Inc.

    3.27%
  • State Street Corporation

    2.62%

Company Information

“accelerate the digital transformation of your business with digital identity verification."​mitek (nasdaq: mitk) is a global leader in mobile capture and digital identity verification solutions built on the latest advancements in ai and machine learning. mitek’s identity verification solutions enable an enterprise to verify a user’s identity during a digital transaction, which assists financial institutions, payments companies and other businesses operating in highly regulated markets in mitigating financial risk and meeting regulatory requirements while increasing revenue from digital channels. mitek also reduces the friction in the users’ experience with advanced data prefill and automation of the onboarding process. mitek’s innovative solutions are embedded into the apps of more than 6,100 organizations and used by more than 80 million consumers for mobile check deposit, new account opening and more. for more information, visit us at www.miteksystems.com

Organization
Mitek Systems, Inc.
Employees
573
CEO
Mr. Scipio Maximus Carnecchia
Industry
Technology Services

FAQs