Mitek Systems Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $12.345
- Today's High:
- $12.74
- Open Price:
- $12.52
- 52W Low:
- $8.6
- 52W High:
- $13.98
- Prev. Close:
- $12.58
- Volume:
- 337560
Company Statistics
- Market Cap.:
- $573.52 million
- Book Value:
- 4.226
- Revenue TTM:
- $157.17 million
- Operating Margin TTM:
- 13.89%
- Gross Profit TTM:
- $105.26 million
- Profit Margin:
- 2.95%
- Return on Assets TTM:
- 3.46%
- Return on Equity TTM:
- 2.45%
Company Profile
Mitek Systems Inc had its IPO on 1995-05-26 under the ticker symbol MITK.
The company operates in the Technology sector and Software-Application industry. Mitek Systems Inc has a staff strength of 565 employees.
Stock update
Shares of Mitek Systems Inc opened at $12.52 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $12.35 - $12.74, and closed at $12.46.
This is a -0.95% slip from the previous day's closing price.
A total volume of 337,560 shares were traded at the close of the day’s session.
In the last one week, shares of Mitek Systems Inc have increased by +9.78%.
Mitek Systems Inc's Key Ratios
Mitek Systems Inc has a market cap of $573.52 million, indicating a price to book ratio of 2.7466 and a price to sales ratio of 3.3592.
In the last 12-months Mitek Systems Inc’s revenue was $157.17 million with a gross profit of $105.26 million and an EBITDA of $38.75 million. The EBITDA ratio measures Mitek Systems Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Mitek Systems Inc’s operating margin was 13.89% while its return on assets stood at 3.46% with a return of equity of 2.45%.
In Q2, Mitek Systems Inc’s quarterly earnings growth was a positive 43.4% while revenue growth was a positive 40.7%.
Mitek Systems Inc’s PE and PEG Ratio
- Forward PE
- 13.459
- Trailing PE
- 125.8
- PEG
- 1.2756
Its diluted EPS in the last 12-months stands at $0.1 per share while it has a forward price to earnings multiple of 13.459 and a PEG multiple of 1.2756. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Mitek Systems Inc’s profitability.
Mitek Systems Inc stock is trading at a EV to sales ratio of 3.9257 and a EV to EBITDA ratio of 19.6547. Its price to sales ratio in the trailing 12-months stood at 3.3592.
Mitek Systems Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $360.41 million
- Total Liabilities
- $40.50 million
- Operating Cash Flow
- $18.60 million
- Capital Expenditure
- $197000
- Dividend Payout Ratio
- 0%
Mitek Systems Inc ended 2024 with $360.41 million in total assets and $0 in total liabilities. Its intangible assets were valued at $360.41 million while shareholder equity stood at $170.32 million.
Mitek Systems Inc ended 2024 with $15.34 million in deferred long-term liabilities, $40.50 million in other current liabilities, 44000.00 in common stock, $-18001000.00 in retained earnings and $120.19 million in goodwill. Its cash balance stood at $32.06 million and cash and short-term investments were $90.33 million. The company’s total short-term debt was $2,110,000 while long-term debt stood at $129.81 million.
Mitek Systems Inc’s total current assets stands at $129.10 million while long-term investments were $0 and short-term investments were $58.27 million. Its net receivables were $34.15 million compared to accounts payable of $4.97 million and inventory worth $2.00 million.
In 2024, Mitek Systems Inc's operating cash flow was $18.60 million while its capital expenditure stood at $197000.
Comparatively, Mitek Systems Inc paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $12.46
- 52-Week High
- $13.98
- 52-Week Low
- $8.6
- Analyst Target Price
- $14.5
Mitek Systems Inc stock is currently trading at $12.46 per share. It touched a 52-week high of $13.98 and a 52-week low of $13.98. Analysts tracking the stock have a 12-month average target price of $14.5.
Its 50-day moving average was $11.18 and 200-day moving average was $10.13 The short ratio stood at 6.68 indicating a short percent outstanding of 0%.
Around 350.3% of the company’s stock are held by insiders while 7452% are held by institutions.
Frequently Asked Questions About Mitek Systems Inc
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About
Mitek Systems, Inc. provides mobile image capture and digital identity verification solutions worldwide. Its product portfolio includes Mobile Deposit that enables individuals and businesses to remotely deposit checks using their camera-equipped smartphone or tablet; Mobile Verify, an identity verification solution that is integrated into mobile apps, mobile websites, and desktop applications; and Mobile Fill, which includes automatic image capture, minimizes the numbers of clicks, and expedites form fill completion. The company also offers MiSnap, a mobile-capture software development kit that enables an intuitive user experience and instant capture of quality images of identity documents and checks. CheckReader enables financial institutions to automatically extract data from checks once they have been scanned or photographed by the application; Check Fraud Defender, an AI-powered and cloud-hosted model for fighting check fraud; and Check Intelligence that enables financial institutions to automatically extract data from a check image received across any deposit channel, including branch, ATM, remote deposit capture, and mobile. In addition, it provides MiVIP, an end-to-end KYC platform that allows companies to design, build, and deploy robust KYC journeys with little or no development resources; and MiPass provides protection against most sophisticated forms of identity theft and dangerous fraud techniques, such as deepfakes and synthetic identities. Further, the company provides ID_CLOUD, an automated identity verification solution that is integrated into a customers’ application to read and validate identity documents; IDLive Face, a passive facial liveness detection product; IDVoice, a robust AI-driven voice biometric engine; IDLive Voice to stop spoofing attacks on voice biometric systems; and IDLive Doc that works to fight fraud related to digitally displayed document images. Mitek Systems, Inc. was incorporated in 1986 and is based in San Diego, California.