Craig-Hallum analyst Alex Fuhrman maintained a Buy rating on Mitek Systems (MITK – Research Report) today. The company’s shares closed yesterday at $14.66.
Fuhrman covers the Consumer Cyclical sector, focusing on stocks such as WW International, Lands’ End, and 1-800 Flowers. According to TipRanks, Fuhrman has an average return of -3.5% and a 38.03% success rate on recommended stocks.
Currently, the analyst consensus on Mitek Systems is a Strong Buy with an average price target of $18.00.
MITK market cap is currently $686M and has a P/E ratio of 83.34.
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Mitek Systems (MITK) Company Description:
Mitek Systems, Inc. engages in the innovation of mobile capture and digital identity verification solutions. Its products include Mobile Deposit, Mobile Verify, Mobile Fill, Mobile Docs, A2iA CheckReader, A2iA XE, A2iA DocumentReader, A2iA TextReader, and ICAR ID_CLOUD. The company was founded on December 16, 1983 and is headquartered in San Diego, CA.
Read More on MITK:
- Mitek Systems says Nasdaq panel grants request for continued listing
- Mitek Systems options imply 3.5% move in share price post-earnings
- Mitek Systems sees FY24 revenue $180M-$185M, consensus $182.0M
- Mitek Systems reports Q4 EPS 15c, consensus 13c
- Options Volatility and Implied Earnings Moves Today, March 19, 2024
