FY2024 EPS Estimates for Intellicheck, Inc. Cut by DA Davidson (NYSE:IDN)

Intellicheck, Inc. (NYSE:IDNFree Report) – Equities research analysts at DA Davidson reduced their FY2024 earnings per share (EPS) estimates for Intellicheck in a report issued on Friday, March 22nd. DA Davidson analyst R. Kessinger now forecasts that the company will post earnings of $0.02 per share for the year, down from their prior forecast of $0.06. DA Davidson currently has a “Buy” rating and a $5.00 target price on the stock. The consensus estimate for Intellicheck’s current full-year earnings is ($0.05) per share. DA Davidson also issued estimates for Intellicheck’s FY2025 earnings at $0.03 EPS.

A number of other analysts have also recently commented on the company. StockNews.com assumed coverage on Intellicheck in a research report on Wednesday, March 20th. They issued a “buy” rating for the company. HC Wainwright reiterated a “buy” rating and set a $5.00 price target on shares of Intellicheck in a research report on Friday.

Check Out Our Latest Report on Intellicheck

Intellicheck Price Performance

Intellicheck stock opened at $3.06 on Monday. The stock has a market capitalization of $59.22 million, a PE ratio of -30.60 and a beta of 1.68. Intellicheck has a 12 month low of $1.56 and a 12 month high of $3.18. The business has a 50 day simple moving average of $1.81 and a 200-day simple moving average of $1.92.

Intellicheck (NYSE:IDNGet Free Report) last posted its quarterly earnings data on Thursday, March 21st. The company reported $0.04 EPS for the quarter. The business had revenue of $5.18 million during the quarter, compared to analysts’ expectations of $5.16 million. Intellicheck had a negative return on equity of 10.77% and a negative net margin of 10.47%.

Hedge Funds Weigh In On Intellicheck

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IDN. Vanguard Group Inc. lifted its stake in shares of Intellicheck by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 949,867 shares of the company’s stock valued at $1,805,000 after purchasing an additional 14,600 shares during the last quarter. Herald Investment Management Ltd lifted its stake in shares of Intellicheck by 12.8% in the 3rd quarter. Herald Investment Management Ltd now owns 850,000 shares of the company’s stock valued at $1,887,000 after purchasing an additional 96,439 shares during the last quarter. Morgan Dempsey Capital Management LLC acquired a new position in shares of Intellicheck in the 1st quarter valued at $735,000. Wilkinson Global Asset Management LLC lifted 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 valued at $301,000 after purchasing an additional 13,333 shares during the last quarter. Finally, Ancora Advisors LLC lifted its stake in shares of Intellicheck by 54.5% in the 4th quarter. Ancora Advisors LLC now owns 116,309 shares of the company’s stock valued at $232,000 after purchasing an additional 41,014 shares during the last quarter. Institutional investors and hedge funds own 36.22% of the company’s stock.

About Intellicheck

(Get Free Report)

Intellicheck, Inc, a technology company, develops, integrates, and markets threat identification and identity authentication solutions primarily in the United States. The company offers solutions for bank and retail fraud prevention, law enforcement threat identification, and mobile and handheld access control and security systems.

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