Intellicheck (NYSE:IDN) Now Covered by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Intellicheck (NYSE:IDNFree Report) in a research report released on Sunday morning. The brokerage issued a buy rating on the stock.

Several other equities analysts also recently weighed in on the stock. Northland Securities reissued a market perform rating and issued a $4.00 price target on shares of Intellicheck in a research note on Wednesday, April 10th. DA Davidson reissued a buy rating and issued a $5.00 price target on shares of Intellicheck in a research note on Friday, March 22nd. Finally, HC Wainwright reissued a buy rating and issued a $5.00 price target on shares of Intellicheck in a research note on Friday, March 22nd.

View Our Latest Research Report on Intellicheck

Intellicheck Stock Up 0.6 %

IDN opened at $3.18 on Friday. The company has a market cap of $61.72 million, a price-to-earnings ratio of -31.80 and a beta of 1.78. Intellicheck has a 52-week low of $1.56 and a 52-week high of $4.25. The firm’s fifty day simple moving average is $2.54 and its two-hundred day simple moving average is $2.08.

Intellicheck (NYSE:IDNGet Free Report) last posted its quarterly earnings data on Thursday, March 21st. The company reported $0.04 earnings per share (EPS) for the quarter. The business had revenue of $5.18 million for the quarter, compared to the consensus estimate of $5.16 million. Intellicheck had a negative net margin of 10.47% and a negative return on equity of 10.80%. On average, research analysts forecast that Intellicheck will post -0.03 EPS for the current year.

Institutional Investors Weigh In On Intellicheck

Hedge funds and other institutional investors have recently bought and sold shares of the company. Herald Investment Management Ltd increased its position in Intellicheck by 12.8% during the third quarter. Herald Investment Management Ltd now owns 850,000 shares of the company’s stock worth $1,887,000 after purchasing an additional 96,439 shares during the last quarter. Wilkinson Global Asset Management LLC increased its position in Intellicheck by 9.2% during the fourth quarter. Wilkinson Global Asset Management LLC now owns 158,395 shares of the company’s stock worth $301,000 after purchasing an additional 13,333 shares during the last quarter. Finally, Truist Financial Corp increased its position in shares of Intellicheck by 21.8% during the fourth quarter. Truist Financial Corp now owns 37,279 shares of the company’s stock valued at $71,000 after acquiring an additional 6,667 shares during the last quarter. 42.79% of the stock is currently owned by institutional investors and hedge funds.

About Intellicheck

(Get Free Report)

Intellicheck, Inc, a technology company, provides on-demand digital identity validation solutions for KYC, fraud, and age verification needs in North America. The company offers solutions for digital and physical identities for financial services, fintech companies, BNPL providers, e-commerce and retail commerce businesses, law enforcement, and government agencies.

Further Reading

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