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The price of Mitek Systems Inc (NASDAQ: MITK) closed at $9.24 in the last session, up 0.11% from day before closing price of $9.23. In other words, the price has increased by $0.11 from its previous closing price. On the day, 2.28 million shares were traded. MITK stock price reached its highest trading level at $9.47 during the session, while it also had its lowest trading level at $9.22.
Ratios:
We take a closer look at MITK’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.56. For the most recent quarter (mrq), Quick Ratio is recorded 1.14 and its Current Ratio is at 1.14. In the meantime, Its Debt-to-Equity ratio is 0.65 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In the most recent recommendation for the company, Jefferies on September 04, 2024, Downgraded its rating to Hold and sets its target price to $9.50 from $17 previously.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 13 ’25 when Diamond Michael E sold 70,352 shares for $9.77 per share. The transaction valued at 687,473 led to the insider holds 233,340 shares of the business.
CHRISTOPHER H BRIGGS bought 26,023 shares of MITK for $253,087 on Jun 13 ’25. On Jun 13 ’25, another insider, MICHAEL E DIAMOND, who serves as the Officer of the company, bought 70,352 shares for $10.01 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MITK now has a Market Capitalization of 421778720 and an Enterprise Value of 410134720. As of this moment, Mitek’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.37 while its Price-to-Book (P/B) ratio in mrq is 1.77. Its current Enterprise Value per Revenue stands at 2.302 whereas that against EBITDA is 11.426.
Stock Price History:
The Beta on a monthly basis for MITK is 1.10, which has changed by 0.052391768 over the last 52 weeks, in comparison to a change of 0.14045572 over the same period for the S&P500. Over the past 52 weeks, MITK has reached a high of $11.78, while it has fallen to a 52-week low of $6.93. The 50-Day Moving Average of the stock is 0.40%, while the 200-Day Moving Average is calculated to be -0.77%.
Shares Statistics:
According to the various share statistics, MITK traded on average about 357.65K shares per day over the past 3-months and 655420 shares per day over the past 10 days. A total of 45.62M shares are outstanding, with a floating share count of 43.55M. Insiders hold about 4.60% of the company’s shares, while institutions hold 76.59% stake in the company. Shares short for MITK as of 1764288000 were 2379965 with a Short Ratio of 6.65, compared to 1761868800 on 2113794. Therefore, it implies a Short% of Shares Outstanding of 2379965 and a Short% of Float of 5.29.
Earnings Estimates
Its stock is currently analyzed by 5.0 different market analysts. The consensus estimate for the next quarter is $0.36, with high estimates of $0.51 and low estimates of $0.29.
Analysts are recommending an EPS of between $1.48 and $0.93 for the fiscal current year, implying an average EPS of $1.09. EPS for the following year is $1.11, with 2.0 analysts recommending between $1.11 and $1.11.
Revenue Estimates
According to 5 analysts,. The current quarter’s revenue is expected to be $41.06M. It ranges from a high estimate of $41.6M to a low estimate of $40.63M. As of. The current estimate, Mitek Systems Inc’s year-ago sales were $37.25MFor the next quarter, 5 analysts are estimating revenue of $53.35M. There is a high estimate of $56.29M for the next quarter, whereas the lowest estimate is $48.5M.
A total of 5 analysts have provided revenue estimates for MITK’s current fiscal year. The highest revenue estimate was $190.81M, while the lowest revenue estimate was $188.8M, resulting in an average revenue estimate of $189.92M. In the same quarter a year ago, actual revenue was $179.69MBased on 2 analysts’ estimates, the company’s revenue will be $201.55M in the next fiscal year. The high estimate is $202.5M and the low estimate is $200.6M.
