Intellicheck (NYSE:IDN) Now Covered by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Intellicheck (NYSE:IDN) in a report released on Sunday morning. The firm issued a buy rating on the stock.

Other equities research analysts also recently issued reports about the company. HC Wainwright reiterated a buy rating and issued a $5.00 target price on shares of Intellicheck in a research report on Friday, March 22nd. DA Davidson reiterated a buy rating and issued a $5.00 target price on shares of Intellicheck in a research report on Friday, March 22nd. Finally, Northland Securities reissued a market perform rating and set a $4.00 price objective on shares of Intellicheck in a research note on Wednesday, April 10th.

Intellicheck Stock Up 4.3 %

Shares of Intellicheck stock opened at $2.92 on Friday. The company has a market capitalization of $56.68 million, a price-to-earnings ratio of -29.20 and a beta of 1.78. Intellicheck has a 52 week low of $1.56 and a 52 week high of $4.25. The stock’s 50-day simple moving average is $2.46 and its 200-day simple moving average is $2.06.

Intellicheck (NYSE:IDN) last posted its earnings results on Thursday, March 21st. The company reported $0.04 EPS for the quarter. The company had revenue of $5.18 million for the quarter, compared to the consensus estimate of $5.16 million. Intellicheck had a negative return on equity of 10.80% and a negative net margin of 10.47%. On average, equities analysts expect that Intellicheck will post -0.03 earnings per share for the current year.

Institutional Investors Weigh In On Intellicheck

Large investors have recently added to or reduced their stakes in the stock. B. Riley Wealth Advisors Inc. bought a new stake in Intellicheck during the fourth quarter worth approximately $25,000. UBS Group AG grew its stake in shares of Intellicheck by 122.1% during the third quarter. UBS Group AG now owns 11,947 shares of the company’s stock valued at $27,000 after buying an additional 6,567 shares during the last quarter. Charles Schwab Investment Management Inc. bought a new position in shares of Intellicheck during the second quarter valued at approximately $32,000. Squarepoint Ops LLC bought a new position in shares of Intellicheck during the first quarter valued at approximately $32,000. Finally, Prudential Financial Inc. bought a new position in shares of Intellicheck during the first quarter valued at approximately $34,000. 42.79% of the stock is owned by institutional investors.

Intellicheck Company Profile

Intellicheck, Inc, a technology company, provides on-demand digital identity validation solutions for KYC, fraud, and age verification needs in North America. The company offers solutions for digital and physical identities for financial services, fintech companies, BNPL providers, e-commerce and retail commerce businesses, law enforcement, and government agencies.