Mitek Systems Stock Today
| MITK Stock | USD 9.59 0.25 2.68% |
Performance0 of 100
| Odds Of DistressLess than 24
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Mitek Systems is selling for 9.59 as of the 25th of November 2024. This is a 2.68 percent increase since the beginning of the trading day. The stock's last reported lowest price was 9.41. Mitek Systems has about a 24 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Mitek Systems are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 26th of May 1995 | Category Technology | Classification Information Technology |
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. The company has 46.2 M outstanding shares of which 4.28 M shares are now shorted by private and institutional investors with about 8.36 trading days to cover. More on Mitek Systems
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Mitek Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO Director | Scipio Carnecchia | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Computers (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Application Software, Software - Application, Information Technology, NASDAQ Composite, NASDAQ Composite Total, Computers, Information Technology, Software, Software—Application, Technology, Computing (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsMitek Systems can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Mitek Systems' financial leverage. It provides some insight into what part of Mitek Systems' total assets is financed by creditors.
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Mitek Systems (MITK) is traded on NASDAQ Exchange in USA. It is located in 600 B Street, San Diego, CA, United States, 92101 and employs 573 people. Mitek Systems is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 431.54 M. Mitek Systems conducts business under Software sector and is part of Information Technology industry. The entity has 46.2 M outstanding shares of which 4.28 M shares are now shorted by private and institutional investors with about 8.36 trading days to cover.
Mitek Systems currently holds about 71.05 M in cash with 31.59 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.6.
Check Mitek Systems Probability Of Bankruptcy
Ownership AllocationMitek Systems maintains a total of 46.2 Million outstanding shares. The majority of Mitek Systems outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Mitek Systems to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Mitek Systems. Please pay attention to any change in the institutional holdings of Mitek Systems as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Mitek Ownership Details
Mitek Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Ranger Investment Management Lp | 2024-09-30 | 758.2 K | |
| Thompson, Siegel & Walmsley Llc | 2024-09-30 | 756.9 K | |
| Portolan Capital Management, Llc | 2024-06-30 | 742.7 K | |
| Silvercrest Asset Management Group Llc | 2024-06-30 | 502.6 K | |
| Invenomic Capital Management, Lp | 2024-09-30 | 469.2 K | |
| Nomura Holdings Inc | 2024-06-30 | 446.3 K | |
| Ameriprise Financial Inc | 2024-06-30 | 438.9 K | |
| Northern Trust Corp | 2024-09-30 | 430.2 K | |
| Lsv Asset Management | 2024-09-30 | 424 K | |
| Blackrock Inc | 2024-06-30 | 3.8 M | |
| Vanguard Group Inc | 2024-09-30 | 3.6 M |
Mitek Systems Historical Income Statement
Mitek Stock Against Markets
Mitek Systems Corporate Management
| Jason JD | Chief Officer | Profile | |
| Scott Marcus | G Counsel | Profile | |
| David Lyle | Chief Officer | Profile | |
| Michael Diamond | Chief Revenue Officer | Profile | |
| Stephen Ritter | Chief Officer | Profile | |
| Frank Teruel | CFO VP | Profile |
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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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.