Analysts Issue Forecasts for Intellicheck FY2024 Earnings

Intellicheck, Inc. (NYSE:IDN) – Equities research analysts at DA Davidson reduced their FY2024 earnings estimates for Intellicheck in a research note issued on Thursday, November 14th. DA Davidson analyst R. Kessinger now expects that the company will earn ($0.02) per share for the year, down from their previous estimate of ($0.01). DA Davidson currently has a “Neutral” rating and a $2.00 price target on the stock. The consensus estimate for Intellicheck’s current full-year earnings is ($0.07) per share. DA Davidson also issued estimates for Intellicheck’s FY2025 earnings at ($0.02) EPS.

Several other research firms have also commented on IDN. HC Wainwright reiterated a “buy” rating and issued a $4.00 target price on shares of Intellicheck in a research note on Thursday. StockNews.com cut Intellicheck from a “buy” rating to a “hold” rating in a report on Monday, August 12th.

Intellicheck Stock Down 0.4 %

Shares of Intellicheck stock opened at $2.39 on Monday. Intellicheck has a fifty-two week low of $1.62 and a fifty-two week high of $4.46. The business’s fifty day moving average is $2.25 and its two-hundred day moving average is $2.75. The firm has a market cap of $46.68 million, a PE ratio of -79.67 and a beta of 1.95.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in IDN. B. Riley Wealth Advisors Inc. purchased a new stake in Intellicheck during the first quarter valued at about $43,000. Wilkinson Global Asset Management LLC lifted its stake in shares of Intellicheck by 4.9% in the 2nd quarter. Wilkinson Global Asset Management LLC now owns 182,805 shares of the company’s stock valued at $625,000 after purchasing an additional 8,621 shares in the last quarter. AIGH Capital Management LLC grew its holdings in shares of Intellicheck by 16.8% during the 2nd quarter. AIGH Capital Management LLC now owns 1,767,732 shares of the company’s stock worth $6,046,000 after purchasing an additional 253,706 shares during the period. Dimensional Fund Advisors LP acquired a new stake in Intellicheck during the 2nd quarter worth approximately $47,000. Finally, Garden State Investment Advisory Services LLC increased its position in Intellicheck by 3.7% during the 3rd quarter. Garden State Investment Advisory Services LLC now owns 269,357 shares of the company’s stock worth $585,000 after purchasing an additional 9,500 shares in the last quarter. 42.79% of the stock is owned by hedge funds and other institutional investors.

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.