Intellicheck Inc. (NASDAQ:IDN) does about 273.44K shares in volume on a normal day but saw 248310 shares change hands in Thursday trading. The company now has a market cap of 124.92M USD and an enterprise value of about $126.88M. Its current market price is $7.13, marking an increase of 1.28% compared to the previous close of $7.04. The 52 week high reached by this stock is $10.54 whilst the lowest price level in 52 weeks is $1.91. The script in recent trading has seen the stock touch a high of $7.31 and a low of $6.98.
Intellicheck Inc. (IDN) has a 20-day trading average at $7.50 and the current price is -32.35% off the 52-week high compared with 273.30% distance from its 52-week low. The 50-day simple moving average of the closing price is $7.46 and its 200-day simple moving average is $6.91. If we look at the stock’s price movements over the week, volatility stands at 8.04%, which decreases to 5.50% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 43.75 to suggest the stock is neutral.
3 analysts observing the Intellicheck Inc. (IDN) stock have set the 12-month price targets for the company’s shares at between $10.00 and $12.00. The median price target is 35.18% away from the current levels at $11.00.
FactSet Research has provided data showing that 3 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 2 analysts have rated it as a buy and 1 have advised that investors hold their positions. The consensus recommendation rating is Overweight and Wall Street’s advice is for investors to Moderate Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on October 18, 2019 when B. Riley FBR initiated the stock to “Buy” and issued a price target of $8. Northland Capital initiated its price target at $4.30.
The current price level is -5.05%, -4.40%, and 3.28% away from its SMA20, SMA50, and SMA200 respectively, with the IDN price moving above the 50-day SMA on August 13. Intellicheck Inc. (IDN) stock is down -8.47% over the week and -4.17% over the past month. Its price is -4.81% year-to-date and 77.81% over the past year.
The stock last released its quarterly earnings report for quarter ended 6/29/2020, with the company’s earnings per share (EPS) of -$0.05 below consensus estimates by $0. The company’s next earnings report is expected on 11/17/2020, with forecasts estimating quarterly EPS at -$0.01 and $0 for whole year. Expected sales for next quarter are $4.27 million, which analysts say will come at $11.92 million for the current fiscal year and next year at $18.75 million. In addition, estimates put the company’s current quarterly revenue at an average of $2.68 million.
Its 12-month price target is $11.00. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $10.00, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $12.00.
Outstanding shares total 16.15M with insiders holding 9.55% of the shares and institutional holders owning 45.90% of the company’s common stock. The company has a return on investment of -22.60% and return on equity of -11.20%. The forward price to earnings ratio is 21.94. The beta has a value of 2.35. Price to book ratio is 9.51 and price to sales ratio is 13.15.
According to a U.S. Securities and Exchange Commission filing, Heartland Group Inc – Value Fund has added its position in Intellicheck Inc. (IDN) to 500,000 shares, mirroring a recent increase by 566.67%. Heartland Group Inc – Value Fund added 0.42 million shares of Intellicheck Inc. common stock bringing its total worth to about $3.66 million at the end of recent close, SEC documents show. Heartland Group Inc – Value Fund isn’t the only investment manager who changed stakes and is followed by Vanguard Total Stock Market Index, which sold off 0.0 shares to end up with 473,575 shares worth $3.47 million. iShares Russell 2000 ETF cut their holdings by -4.43% in the company over the course of the most recent quarter. It now holds a 1.85% position in Intellicheck Inc. thanks to 0.33 million shares amounting to $2.4 million.