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5-day change | 1st Jan Change | ||
12.7 USD | +2.34% | +4.27% | -2.61% |
Apr. 16 | Craig Hallum Raises Mitek Systems' Price Target to $19 From $17, Maintains Buy Rating | MT |
Apr. 15 | Transcript : Mitek Systems, Inc., Q1 2024 Earnings Call, Apr 15, 2024 |
Summary
- From a short-term investment perspective, the company presents a deteriorated fundamental situation
Strengths
- The company's earnings per share (EPS) are expected to grow significantly over the next few years according to the consensus of analysts covering the stock.
- Analysts covering this company mostly recommend stock overweighting or purchase.
- The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
- Over the past four months, analysts' average price target has been revised upwards significantly.
- Historically, the company has been releasing figures that are above expectations.
Weaknesses
- The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 98.49 times its estimated earnings per share for the ongoing year.
- With an enterprise value anticipated at 3.21 times the sales for the current fiscal year, the company turns out to be overvalued.
- For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
- For the last twelve months, the analysts covering the company have given a bearish overview of EPS estimates, resulting in frequent downward revisions.
- Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
Ratings chart - Surperformance
Chart ESG Refinitiv
Sector: Software
1st Jan change | Capi. | Investor Rating | ESG Refinitiv | |
---|---|---|---|---|
-2.61% | 594M | C+ | ||
+27.09% | 24.31B | - | C | |
+9.94% | 2.63B | D+ | ||
-20.45% | 1.91B | - | - | |
+80.82% | 1.86B | C- | ||
-0.20% | 1.27B | B- | ||
+7.97% | 1.36B | - | ||
-50.86% | 1.51B | - | - | |
-18.38% | 1.25B | - | ||
+15.94% | 1.13B | B- |
Financials
Valuation
Momentum
Consensus
Business Predictability
Environment
Governance
Controversy
Technical analysis
- Stock Market
- Equities
- MITK Stock
- Ratings Mitek Systems, Inc.