Q4 EPS Estimates for Intellicheck Lowered by HC Wainwright

Intellicheck, Inc. (NYSE:IDN) – Investment analysts at HC Wainwright dropped their Q4 2024 earnings per share (EPS) estimates for Intellicheck in a research report issued to clients and investors on Thursday, November 14th. HC Wainwright analyst S. Buck now anticipates that the company will post earnings per share of ($0.01) for the quarter, down from their prior estimate of $0.02. HC Wainwright has a “Buy” rating and a $4.00 price target on the stock. The consensus estimate for Intellicheck’s current full-year earnings is ($0.03) per share.

A number of other brokerages have also recently weighed in on IDN. DA Davidson cut shares of Intellicheck from a “buy” rating to a “neutral” rating and reduced their price target for the company from $5.00 to $2.00 in a research report on Friday, August 9th. StockNews.com lowered shares of Intellicheck from a “buy” rating to a “hold” rating in a report on Monday, August 12th.

Intellicheck Price Performance

NYSE IDN opened at $2.39 on Friday. Intellicheck has a 1-year low of $1.62 and a 1-year high of $4.46. The firm has a market capitalization of $46.68 million, a P/E ratio of -78.67 and a beta of 1.95. The business’s 50-day simple moving average is $2.24 and its 200-day simple moving average is $2.75.

Hedge Funds Weigh In On Intellicheck

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. B. Riley Wealth Advisors Inc. acquired a new position in shares of Intellicheck in the first quarter worth about $43,000. Dimensional Fund Advisors LP bought a new position in Intellicheck during the second quarter worth $47,000. Hilltop Holdings Inc. acquired a new position in Intellicheck in the third quarter worth $43,000. Wilkinson Global Asset Management LLC increased its stake in Intellicheck by 4.9% during the second quarter. Wilkinson Global Asset Management LLC now owns 182,805 shares of the company’s stock valued at $625,000 after purchasing an additional 8,621 shares during the last quarter. Finally, Garden State Investment Advisory Services LLC raised its holdings in shares of Intellicheck by 3.7% during the third quarter. Garden State Investment Advisory Services LLC now owns 269,357 shares of the company’s stock worth $585,000 after purchasing an additional 9,500 shares during the period. 42.79% of the stock is owned by hedge funds and other 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.