Intellicheck, Inc. (NASDAQ:IDN) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Intellicheck, Inc. (NASDAQ:IDN) have been assigned an average rating of “Moderate Buy” from the six research firms that are currently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $7.3750.

A number of equities research analysts have weighed in on IDN shares. Zacks Research lowered shares of Intellicheck from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 13th. Wall Street Zen downgraded Intellicheck from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 6th. Craig Hallum lowered Intellicheck from a “buy” rating to a “hold” rating and set a $6.50 target price for the company. in a research note on Wednesday, May 13th. DA Davidson reaffirmed a “buy” rating and issued a $7.50 price target on shares of Intellicheck in a research note on Wednesday, May 13th. Finally, Weiss Ratings cut shares of Intellicheck from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, June 24th.

Hedge Funds Weigh In On Intellicheck

Large investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp bought a new stake in shares of Intellicheck during the second quarter worth $201,000. NewEdge Advisors LLC raised its holdings in Intellicheck by 149.7% during the first quarter. NewEdge Advisors LLC now owns 23,462 shares of the company’s stock worth $164,000 after acquiring an additional 14,066 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in shares of Intellicheck by 11.3% during the 1st quarter. Renaissance Technologies LLC now owns 485,835 shares of the company’s stock worth $3,396,000 after buying an additional 49,470 shares during the period. Arrowstreet Capital Limited Partnership acquired a new position in shares of Intellicheck in the first quarter valued at about $361,000. Finally, Sei Investments Co. increased its position in shares of Intellicheck by 22.1% in the first quarter. Sei Investments Co. now owns 175,210 shares of the company’s stock worth $1,225,000 after purchasing an additional 31,693 shares during the period. 42.79% of the stock is currently owned by institutional investors and hedge funds.

Intellicheck Trading Up 3.7%

Shares of IDN opened at $3.93 on Friday. The firm’s 50-day moving average price is $4.02 and its 200-day moving average price is $5.27. The firm has a market capitalization of $79.58 million, a price-to-earnings ratio of 35.73 and a beta of 0.81. Intellicheck has a 1-year low of $3.59 and a 1-year high of $9.08.

Intellicheck (NASDAQ:IDN) last released its earnings results on Tuesday, May 12th. The company reported $0.03 EPS for the quarter, meeting analysts’ consensus estimates of $0.03. Intellicheck had a return on equity of 11.26% and a net margin of 9.56%.The company had revenue of $5.52 million during the quarter. On average, research analysts forecast that Intellicheck will post 0.17 EPS for the current fiscal year.

Intellicheck Company Profile

Intellicheck, Inc is a provider of mobile identity verification and authentication solutions designed to help organizations verify credentials and combat fraud. The company’s technology leverages optical character recognition, machine learning, and biometric facial recognition to validate government?issued IDs, passports, and other identity documents in real time. These solutions are deployed via on?premises hardware or cloud?based platforms, enabling clients to integrate identity checks directly into digital workflows and point?of?sale systems.

The firm’s flagship offerings include mobile credential scanning applications and software development kits (SDKs) that support Know Your Customer (KYC), Anti–Money Laundering (AML), age verification, and regulatory compliance across multiple industries.