Mitek Systems Earnings Estimate

MITK Stock  USD 9.59  0.25  2.68%   
By analyzing Mitek Systems' earnings estimates, investors can diagnose different trends across Mitek Systems' analyst sentiment over time as well as compare current EPS estimates against different timeframes. Please be aware that the consensus of earnings estimates for Mitek Systems is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Mitek Systems is projected to generate 0.199575 in earnings per share on the 30th of September 2024. Mitek Systems earnings estimates module stress-tests analyst consensus about projected Mitek Systems EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Many public companies, such as Mitek Systems, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

Mitek Systems Revenue Breakdown by Earning Segment

By analyzing Mitek Systems' earnings estimates, investors can diagnose different trends across Mitek Systems' analyst sentiment over time as well as compare current estimates against different timeframes. At this time, Mitek Systems' Gross Profit is quite stable compared to the past year. Pretax Profit Margin is expected to rise to 0.06 this year, although the value of Gross Profit Margin will most likely fall to 0.57.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mitek Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Mitek Stock please use our How to buy in Mitek Stock guide.

Mitek Systems Earnings per Share Projection vs Actual

About Mitek Systems Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Mitek Systems earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Mitek Systems estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Mitek Systems fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
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Last ReportedProjected for Next Year
Retained Earnings-8.4 M-8.8 M
Retained Earnings Total Equity-7 M-7.3 M
Earnings Yield 0.01  0.02 
Price Earnings Ratio 69.93  73.43 
Price Earnings To Growth Ratio 0.60  0.63 

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When determining whether Mitek Systems is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Mitek Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mitek Systems Stock. Highlighted below are key reports to facilitate an investment decision about Mitek Systems Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mitek Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Mitek Stock please use our How to buy in Mitek Stock guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mitek Systems. If investors know Mitek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mitek Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.94)
Earnings Share
(0.14)
Revenue Per Share
3.59
Quarterly Revenue Growth
0.044
Return On Assets
(0.01)
The market value of Mitek Systems is measured differently than its book value, which is the value of Mitek that is recorded on the company's balance sheet. Investors also form their own opinion of Mitek Systems' value that differs from its market value or its book value, called intrinsic value, which is Mitek Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mitek Systems' market value can be influenced by many factors that don't directly affect Mitek Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mitek Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mitek Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mitek Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.