Analysts Set Intellicheck, Inc. (NASDAQ:IDN) PT at $6.50

Intellicheck, Inc. (NASDAQ:IDN) has been assigned a consensus rating of “Moderate Buy” from the six brokerages that are currently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $6.50.

IDN has been the subject of several recent research reports. Northland Securities set a $6.00 target price on shares of Intellicheck in a research report on Friday, August 14th. DA Davidson dropped their price target on shares of Intellicheck from $7.50 to $5.00 and set a “buy” rating on the stock in a research report on Friday, August 14th. Wall Street Zen downgraded Intellicheck from a “buy” rating to a “hold” rating in a research note on Saturday, August 15th. Zacks Research lowered Intellicheck from a “strong-buy” rating to a “hold” rating in a report on Monday, July 13th. Finally, Craig Hallum downgraded Intellicheck from a “buy” rating to a “hold” rating and set a $6.50 price objective for the company. in a research note on Wednesday, May 13th.

Institutional Investors Weigh In On Intellicheck

Institutional investors and hedge funds have recently bought and sold shares of the stock. Occudo Quantitative Strategies LP lifted its position in shares of Intellicheck by 17.5% during the third quarter. Occudo Quantitative Strategies LP now owns 14,118 shares of the company’s stock valued at $73,000 after purchasing an additional 2,098 shares in the last quarter. CIBC Private Wealth Group LLC grew its position in Intellicheck by 3.3% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 74,189 shares of the company’s stock worth $386,000 after purchasing an additional 2,381 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Intellicheck by 14.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 30,206 shares of the company’s stock worth $202,000 after purchasing an additional 3,794 shares in the last quarter. Captrust Financial Advisors increased its stake in Intellicheck by 1.6% in the 2nd quarter. Captrust Financial Advisors now owns 245,556 shares of the company’s stock valued at $1,324,000 after buying an additional 3,971 shares during the last quarter. Finally, Navellier & Associates Inc. increased its stake in Intellicheck by 17.3% in the 2nd quarter. Navellier & Associates Inc. now owns 29,874 shares of the company’s stock valued at $122,000 after buying an additional 4,404 shares during the last quarter. 42.79% of the stock is owned by hedge funds and other institutional investors.

Intellicheck Stock Down 2.9%

Shares of NASDAQ:IDN opened at $2.65 on Thursday. Intellicheck has a twelve month low of $2.64 and a twelve month high of $9.08. The stock’s 50 day moving average is $3.48 and its 200-day moving average is $4.88. The firm has a market capitalization of $53.72 million, a price-to-earnings ratio of 17.67 and a beta of 0.78.

Intellicheck (NASDAQ:IDN) last announced its quarterly earnings results on Thursday, August 13th. The company reported $0.03 EPS for the quarter, meeting analysts’ consensus estimates of $0.03. Intellicheck had a net margin of 13.03% and a return on equity of 15.02%. The business had revenue of $5.94 million during the quarter. Equities research analysts anticipate that Intellicheck will post 0.1 earnings per share 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.