Intellicheck (NASDAQ:IDN) Announces Earnings Results

Intellicheck (NASDAQ:IDN – Get Rating) released its earnings results on Monday. The company reported ($0.08) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.02, Fidelity Earnings reports. Intellicheck had a negative net margin of 25.29% and a negative return on equity of 20.79%. During the same period last year, the business posted ($0.06) EPS.

IDN stock opened at $1.61 on Wednesday. The firm has a market cap of $30.07 million, a PE ratio of -7.32 and a beta of 1.80. The firm’s 50 day moving average price is $2.01 and its 200-day moving average price is $3.32. Intellicheck has a one year low of $1.33 and a one year high of $9.68.

Institutional investors have recently bought and sold shares of the stock. Renaissance Technologies LLC acquired a new stake in Intellicheck in the 1st quarter valued at approximately $43,000. Millennium Management LLC acquired a new position in shares of Intellicheck in the fourth quarter worth $48,000. Wells Fargo & Company MN grew its stake in shares of Intellicheck by 27.4% in the fourth quarter. Wells Fargo & Company MN now owns 30,798 shares of the company’s stock worth $142,000 after acquiring an additional 6,621 shares in the last quarter. Marshall Wace LLP grew its stake in shares of Intellicheck by 11.1% in the fourth quarter. Marshall Wace LLP now owns 38,272 shares of the company’s stock worth $176,000 after acquiring an additional 3,812 shares in the last quarter. Finally, Paradigm Financial Partners LLC acquired a new position in shares of Intellicheck in the fourth quarter worth $204,000. Hedge funds and other institutional investors own 39.61% of the company’s stock.

A number of research firms have weighed in on IDN. HC Wainwright decreased their target price on shares of Intellicheck from $7.00 to $4.00 and set a “buy” rating on the stock in a research note on Tuesday. Northland Securities reduced their price target on shares of Intellicheck from $6.00 to $4.00 in a research report on Tuesday. Craig Hallum reduced their price target on shares of Intellicheck from $4.00 to $2.00 and set a “hold” rating on the stock in a research report on Tuesday. Finally, DA Davidson reduced their price target on shares of Intellicheck from $14.00 to $8.50 in a research report on Thursday, March 10th. One research analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $4.63.

Intellicheck Company Profile (Get Rating)

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

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