Intellicheck FY2024 EPS Forecast Reduced by Northland Capmk

Intellicheck, Inc. (NYSE:IDN) – Research analysts at Northland Capmk lowered their FY2024 earnings per share (EPS) estimates for Intellicheck in a note issued to investors on Thursday, November 14th. Northland Capmk analyst M. Grondahl now anticipates that the company will post earnings of ($0.10) per share for the year, down from their previous forecast of ($0.06). The consensus estimate for Intellicheck’s current full-year earnings is ($0.07) per share. Northland Capmk also issued estimates for Intellicheck’s Q4 2024 earnings at ($0.02) EPS and FY2025 earnings at ($0.08) EPS.

A number of other analysts have also recently commented on the company. DA Davidson cut Intellicheck from a “buy” rating to a “neutral” rating and reduced their price objective 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 research report on Monday, August 12th. Finally, HC Wainwright reissued a “buy” rating and issued a $4.00 price objective on shares of Intellicheck in a report on Thursday, November 14th.

Intellicheck Price Performance

IDN stock opened at $2.41 on Monday. Intellicheck has a 1-year low of $1.65 and a 1-year high of $4.46. The business has a fifty day moving average price of $2.26 and a 200-day moving average price of $2.74. The stock has a market capitalization of $47.62 million, a P/E ratio of -80.33 and a beta of 1.95.

Institutional Investors Weigh In On Intellicheck

Hedge funds and other institutional investors have recently modified their holdings of the stock. Hilltop Holdings Inc. purchased a new stake in shares of Intellicheck in the 3rd quarter worth $43,000. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Intellicheck in the 1st quarter worth $43,000. Dimensional Fund Advisors LP purchased a new stake in shares of Intellicheck in the 2nd quarter worth $47,000. Wilkinson Global Asset Management LLC increased its stake in shares of Intellicheck by 4.8% in the 3rd quarter. Wilkinson Global Asset Management LLC now owns 191,577 shares of the company’s stock worth $416,000 after purchasing an additional 8,772 shares in the last quarter. Finally, Garden State Investment Advisory Services LLC increased its stake in shares of Intellicheck by 3.7% in the 3rd 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 in the last quarter. 42.79% of the stock is currently 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.