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

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

A number of other research analysts have also recently issued reports on the company. HC Wainwright reaffirmed a buy rating and set a $5.00 price objective on shares of Intellicheck in a research note on Friday, March 22nd. Northland Securities reaffirmed a market perform rating and set a $4.00 price objective on shares of Intellicheck in a research note on Wednesday, April 10th. Finally, DA Davidson reaffirmed a buy rating and set a $5.00 price objective on shares of Intellicheck in a research note on Friday, March 22nd.

Intellicheck Stock Up 0.6 %

IDN opened at $3.18 on Friday. The stock has a market cap of $61.72 million, a PE 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 business’s fifty day simple moving average is $2.54 and its 200 day simple moving average is $2.08.

Intellicheck (NYSE:IDN) last released its earnings results on Thursday, March 21st. The company reported $0.04 EPS for the quarter. The business had revenue of $5.18 million for the quarter, compared to analysts’ expectations of $5.16 million. Intellicheck had a negative return on equity of 10.80% and a negative net margin of 10.47%. As a group, equities analysts anticipate that Intellicheck will post -0.03 earnings per share for the current year.

Hedge Funds Weigh In On Intellicheck

Institutional investors and hedge funds have recently made changes to their positions in the business. Truist Financial Corp increased its stake 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 purchasing an additional 6,667 shares in the last quarter. Wilkinson Global Asset Management LLC increased its stake in shares of Intellicheck by 9.2% during the fourth 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 in the last quarter. Finally, Herald Investment Management Ltd increased its position in shares of Intellicheck by 12.8% during the third quarter. Herald Investment Management Ltd now owns 850,000 shares of the company’s stock valued at $1,887,000 after acquiring an additional 96,439 shares in the last quarter. Institutional investors own 42.79% of the company’s stock.

Intellicheck Company Profile

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.