Financhill
Sell
41

MITK Quote, Financials, Valuation and Earnings

Last price:
$9.66
Seasonality move :
13.15%
Day range:
$9.43 - $9.65
52-week range:
$6.93 - $13.72
Dividend yield:
0%
P/E ratio:
33.25x
P/S ratio:
2.49x
P/B ratio:
1.96x
Volume:
1.3M
Avg. volume:
503.7K
1-year change:
-16.02%
Market cap:
$431M
Revenue:
$172.1M
EPS (TTM):
$0.28

Analysts' Opinion

  • Consensus Rating
    Mitek Systems has received a consensus rating of Buy. The company's average rating is a Buy based on 3 Buy ratings, 1 Hold rating, and 0 Sell ratings.
  • Price Target Upside
    According to analysts' consensus price target of $13.00, Mitek Systems has an estimated upside of 37.42% from its current price of $9.46.
  • Price Target Downside
    According to analysts, the lowest downside price target is $10.00 representing -5.71% downside risk from its current price of $9.46.

Fair Value

  • According to the consensus of 4 analysts, Mitek Systems has 37.42% upside to fair value with a price target of $13.00 per share.

MITK vs. S&P 500

  • Over the past 5 trading days, Mitek Systems has underperformed the S&P 500 by -5.35% suggesting its relative strength compared to the major market average is weak at this time.

Share Buyback

  • Mitek Systems does have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.

Revenue Growth

  • Mitek Systems has grown year-over-year revenues for 5 quarters straight. In the most recent quarter Mitek Systems reported revenues of $51.9M.

Earnings Growth

  • Mitek Systems has grown year-over-year earnings for 1 quarter straight. In the most recent quarter Mitek Systems reported earnings per share of $0.20.
Enterprise value:
442.7M
EV / Invested capital:
1.20x
Price / LTM sales:
2.49x
EV / EBIT:
20.40x
EV / Revenue:
2.50x
PEG ratio (5yr expected):
--
EV / Free cash flow:
9.40x
Price / Operating cash flow:
9.37x
Enterprise value / EBITDA:
11.63x
Gross Profit (TTM):
$152.3M
Return On Assets:
3.23%
Net Income Margin (TTM):
7.51%
Return On Equity:
6.28%
Return On Invested Capital:
3.74%
Operating Margin:
21.94%
Trailing 12 Months Fiscal Quarters
Period Ending 2023-03-31 2024-03-31 2025-03-31 2024-03-31 2025-03-31
Income Statement
Revenue $170.6M $164.6M $177.4M $47M $51.9M
Gross Profit $148.7M $140.9M $152.3M $40.8M $45.4M
Operating Income $25.5M -$7M $18.8M $1.2M $11.4M
EBITDA $41.9M $17.2M $38.1M $6.2M $16.4M
Diluted EPS $0.20 -$0.16 $0.28 $0.01 $0.20
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Balance Sheet
Current Assets $207.2M $94.5M $160.2M $201.6M $203.9M
Total Assets $355.8M $385.2M $402M $417M $425.3M
Current Liabilities $24.6M $39.5M $45.3M $47.3M $195.6M
Total Liabilities $188.1M $198.8M $198.9M $200.9M $205.1M
Total Equity $167.7M $186.4M $203M $216.1M $220.2M
Total Debt $117.7M $124.4M $131.7M $139.5M $147.8M
Trailing 12 Months Fiscal Quarters
Period Ending 2023-03-31 2024-03-31 2025-03-31 2024-03-31 2025-03-31
Cash Flow Statement
Cash Flow Operations $23M $17.6M $48.4M $7.1M $13.7M
Cash From Investing $41.2M -$17.1M $1.8M $9.5M -$380K
Cash From Financing -$6.1M -$2.6M -$26M $99K $36K
Free Cash Flow $22.1M $16.2M $47.1M $6.6M $13.5M
MITK
Sector
Market Cap
$431M
$83.5M
Price % of 52-Week High
68.95%
62.5%
Dividend Yield
0%
0%
Shareholder Yield
6.75%
0.81%
1-Year Price Total Return
-16.02%
-11.78%
Beta (5-Year)
1.146
0.823
Dividend yield:
0%
Annualized payout:
$0.00
Payout ratio:
--
Growth streak:
0 years

Technicals

8-day SMA
Sell
Level $9.83
200-day SMA
Buy
Level $9.25
Bollinger Bands (100)
Buy
Level 8.31 - 10.05
Chaikin Money Flow
Sell
Level -16.6M
20-day SMA
Sell
Level $9.70
Relative Strength Index (RSI14)
Sell
Level 46.97
ADX Line
Buy
Level 36.23
Williams %R
Buy
Level -86.087
50-day SMA
Buy
Level $9.03
MACD (12, 26)
Buy
Level 0.15
25-day Aroon Oscillator
Buy
Level 28
On Balance Volume
Neutral
Level 20.2M

Financial Scores

Hold
Altman Z-Score (Annual)
Level (1.9711)
Buy
CA Score (Annual)
Level (-0.1502)
Buy
Beneish M-Score (Annual)
Level (-2.8186)
Sell
Momentum Score
Level (3)
Sell
Ohlson Score
Level (1.0213)
Buy
Piotroski F Score (Annual)
Level (6)
Buy
Quality Ratio Score
Level (6)
Buy
Fundamental Score
Level (6)

Revenue Forecast

Earnings per Share Forecast

Company Profile

Mitek Systems Inc is engaged in the development, sale, and service of proprietary software solutions related to mobile imaging. The firm is a software development company with expertise in artificial intelligence, and machine learning. It serves more than 7,900 financial services organizations, financial technology (fintech) brands, telecommunications companies, and marketplace brands across the globe. The company's Mobile Deposit solution is used by consumers for mobile check deposits. The company's Mobile Verify verifies a user's identity online enabling organizations to build safer digital communities, whereas CheckReader enables financial institutions to automatically extract data from a check image received across any deposit channel - branch, ATM, RDC, and mobile.

Stock Forecast FAQ

In the current month, MITK has received 3 Buy ratings 1 Hold ratings, and 0 Sell ratings. The MITK average analyst price target in the past 3 months is $13.00.

  • Where Will Mitek Systems Stock Be In 1 Year?

    According to analysts, the consensus estimate is that Mitek Systems share price will rise to $13.00 per share over the next 12 months.

  • What Do Analysts Say About Mitek Systems?

    Analysts are divided on their view about Mitek Systems share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that Mitek Systems is a Sell and believe this share price will drop from its current level to $10.00.

  • What Is Mitek Systems's Price Target?

    The price target for Mitek Systems over the next 1-year time period is forecast to be $13.00 according to 4 Wall Street analysts, 3 of them rate the stock a Buy, 0 rate the stock a Sell, and 1 analyst rates the stock a Hold.

  • Is MITK A Buy, Sell Or Hold?

    According to Wall Street analysts, the consensus rating for Mitek Systems is a Buy. 3 of 4 analysts rate the stock a Buy at this time.

  • How Can I Buy Shares Of MITK?

    You can purchase shares of Mitek Systems via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, tastytrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase Mitek Systems shares.

  • What Is The Mitek Systems Share Price Today?

    Mitek Systems was last trading at $9.66 per share. This represents the most recent stock quote for Mitek Systems. Yesterday, Mitek Systems closed at $9.46 per share.

  • How To Buy Mitek Systems Stock Online?

    In order to purchase Mitek Systems stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.

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