Mitek Systems Stock Analysis

Mitek Stock Analysis Notes

About 78.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.89. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Mitek Systems has Price/Earnings To Growth (PEG) ratio of 1.28. The entity had not issued any dividends in recent years. Mitek Systems, Inc. develops, markets, and sells mobile image capture and digital identity verification solutions in the United States, Europe, Latin America, and internationally. Mitek Systems, Inc. was incorporated in 1986 and is based in San Diego, California. Mitek Systems operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 435 people. To find out more about Mitek Systems contact Scipio Carnecchia at 619 269 6800 or learn more at https://www.miteksystems.com.

Mitek Systems Investment Alerts

Mitek Largest EPS Surprises

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Mitek Systems Environmental, Social, and Governance (ESG) Scores

Mitek Stock Institutional Investors

Note, although Mitek Systems' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Mitek Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 458.34 M.

Mitek Profitablity

The company has Profit Margin (PM) of 0.05 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.11 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.11.

Management Efficiency

Mitek Systems has return on total asset (ROA) of 0.0253 % which means that it generated a profit of $0.0253 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0387 %, meaning that it created $0.0387 on every $100 dollars invested by stockholders. Mitek Systems' management efficiency ratios could be used to measure how well Mitek Systems manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is expected to rise to 0.03 this year. Return On Capital Employed is expected to rise to 0.09 this year. At this time, Mitek Systems' Total Current Liabilities is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 554.4 M this year, although the value of Change To Liabilities will most likely fall to about 1.5 M.

Technical Drivers

As of the 3rd of February, Mitek Systems secures the Risk Adjusted Performance of 0.0373, mean deviation of 1.56, and Downside Deviation of 2.03. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mitek Systems, as well as the relationship between them.

Mitek Systems Price Movement Analysis

Mitek Systems Insider Trading Activities

Mitek Systems Predictive Daily Indicators

Mitek Systems Corporate Filings

Mitek Systems Forecast Models

Mitek Systems' time-series forecasting models are one of many Mitek Systems' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Mitek Systems' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Mitek Systems Debt to Cash Allocation

Mitek Systems currently holds 159.49 M in liabilities with Debt to Equity (D/E) ratio of 0.75, which is about average as compared to similar companies. Mitek Systems has a current ratio of 2.56, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Mitek Systems' use of debt, we should always consider it together with its cash and equity.

Mitek Systems Total Assets Over Time

Mitek Systems Assets Financed by Debt

The debt-to-assets ratio shows the degree to which Mitek Systems uses debt to finance its assets. It includes both long-term and short-term borrowings maturing within one year. It also includes both tangible and intangible assets, such as goodwill.

Mitek Systems Debt Ratio

31.0

It seems about 69% of Mitek Systems' assets are financed through equity. Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Mitek Systems' operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Mitek Systems, which in turn will lower the firm's financial flexibility.

Mitek Short Long Term Debt Total

Stock analysis is the technique used by a trader or investor to examine and evaluate how Mitek Systems prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Mitek shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Mitek Systems. By using and applying Mitek Stock analysis, traders can create a robust methodology for identifying Mitek entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Mitek analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Mitek analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Mitek Systems stock analysis indicators help investors evaluate how Mitek Systems stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Mitek Systems shares will generate the highest return on investment. By understating and applying Mitek Systems stock analysis, traders can identify Mitek Systems position entry and exit signals to maximize returns.

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 child. For more information on how to buy Mitek Stock please use our How to buy in Mitek Stock guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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. Expected growth trajectory for Mitek significantly influences the price investors are willing to assign. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Mitek Systems assessment requires weighing all these inputs, though not all factors influence outcomes equally.

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.

Understanding that Mitek Systems' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Mitek Systems represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Mitek Systems' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.