Mitek Systems Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 28 out of 470 in the Software & IT Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 18.00.In the medium term, the stock price is expected to remain stable.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Mitek Systems Inc is 7.89, ranking 130 out of 470 in the Software & IT Services industry. Its financial status is robust, and its operating efficiency is average. Its latest quarterly revenue reached 54.84M, representing a year-over-year increase of 5.61%, while its net profit experienced a year-over-year increase of 4.20%.
Key Metrics
The current valuation score of Mitek Systems Inc is 8.34, ranking 92 out of 470 in the Software & IT Services industry. Its current P/E ratio is 37.30, which is 336.09% below the recent high of 162.64 and 798.56% above the recent low of -260.53.
The current earnings forecast score of Mitek Systems Inc is 8.80, ranking 17 out of 470 in the Software & IT Services industry. The average price target is 13.50, with a high of 15.00 and a low of 10.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Mitek Systems Inc is 6.56, ranking 308 out of 470 in the Software & IT Services industry. Currently, the stock price is trading between the resistance level at 15.59 and the support level at 12.43, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of Mitek Systems Inc is 10.00, ranking 1 out of 470 in the Software & IT Services industry. The latest institutional shareholding proportion is 91.46%, representing a quarter-over-quarter increase of 16.39%. The largest institutional shareholder is James Simons, holding a total of 391.80K shares, representing 0.87% of shares outstanding, with 45.82% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Software & IT Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Mitek Systems Inc is 6.48, ranking 126 out of 470 in the Software & IT Services industry. The company's beta value is 0.95. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. Mitek Systems Inc’s latest ESG disclosure leads the Software & IT Services industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.
