Head-To-Head Survey: Mitek Systems (MITK) & Snap (SNAP)
Mitek Systems (NASDAQ: MITK) and Snap (NYSE:SNAP) are both computer and technology companies, but which is the superior business? We will contrast the two businesses based on the strength of their valuation, profitability, analyst recommendations, institutional ownership, earnings, dividends and risk.
Insider & Institutional Ownership
39.9% of Mitek Systems shares are owned by institutional investors. Comparatively, 29.2% of Snap shares are owned by institutional investors. 8.5% of Mitek Systems shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
This is a breakdown of current recommendations for Mitek Systems and Snap, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Mitek Systems presently has a consensus price target of $10.60, suggesting a potential upside of 10.42%. Snap has a consensus price target of $19.24, suggesting a potential upside of 62.60%. Given Snap’s higher probable upside, analysts plainly believe Snap is more favorable than Mitek Systems.
Valuation and Earnings
This table compares Mitek Systems and Snap’s top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||EBITDA||Earnings Per Share||Price/Earnings Ratio|
|Mitek Systems||$42.16 million||7.65||$5.39 million||$0.06||160.03|
|Snap||$515.33 million||27.06||-$2.59 billion||N/A||N/A|
Mitek Systems has higher revenue, but lower earnings than Snap.
This table compares Mitek Systems and Snap’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Mitek Systems beats Snap on 7 of the 11 factors compared between the two stocks.
Mitek Systems Company Profile
Mitek Systems, Inc. develops, markets and sells mobile capture and identity verification software solutions for enterprise customers. The Company’s technology allows users to remotely deposit checks, open accounts, get insurance quotes, pay bills, as well as verify their identity by taking pictures of various documents with their camera-equipped smartphones and tablets instead of using the device keyboard. Its technology uses algorithms to correct image distortion, extract relevant data, route images to their desired location and process transactions. Its technology processes images of documents in various ways. The Company’s products include Mobile Verify, Mobile Fill, Mobile Docs, Mobile Deposit and Commercial Mobile Deposit Capture. Its mobile technology solutions are provided in two parts: a software development kit (SDK) for mobile capture, and a software platform for image correction, detection, extraction and authentication.
Snap Company Profile
Snap Inc., formerly Snapchat, Inc., is a camera company. The Company’s flagship product, Snapchat, is a camera application that helps people to communicate through short videos and images known as a Snap. The Company offers three ways for people to make Snaps: the Snapchat application, Publishers Tools that help its partners to create Publisher Stories, and Spectacles, its sunglasses that make Snaps. Snaps are viewed primarily through the Snapchat application, but can also be embedded on the Web or on television in certain circumstances. Snapchat opens directly into the Camera, helping in creating a Snap and sending it to friends. The Company’s advertising products include Snap Ads and Sponsored Creative Tools, such as Sponsored Lenses and Sponsored Geofilters. As of December 31, 2016, on an average, 158 million people used Snapchat every day to Snap with family, watch Stories from friends, see events from around the world, and explore curated content from publishers.
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