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5-day change | 1st Jan Change | ||
11.97 USD | -1.64% | -18.35% | -8.21% |
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 configuration.
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.
- 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 96.59 times its estimated earnings per share for the ongoing year.
- With an enterprise value anticipated at 3.15 times the sales for the current fiscal year, the company turns out to be overvalued.
- For the past year, analysts have significantly revised downwards their profit estimates.
- For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.
- Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
Ratings chart - Surperformance
Chart ESG Refinitiv
Sector: Software
1st Jan change | Capi. | Investor Rating | ESG Refinitiv | |
---|---|---|---|---|
-8.21% | 569M | C+ | ||
+17.97% | 22.47B | - | C | |
-31.31% | 17.99B | C | ||
+3.16% | 2.43B | - | D+ | |
-22.67% | 1.89B | - | - | |
+73.02% | 1.75B | C- | ||
-44.19% | 1.71B | - | - | |
-3.47% | 1.31B | B- | ||
-19.73% | 1.23B | - | ||
-1.49% | 1.22B | - |
Financials
Valuation
Momentum
Consensus
Business Predictability
Environment
Governance
Controversy
Technical analysis
- Stock Market
- Equities
- MITK Stock
- Ratings Mitek Systems, Inc.