Mitek Systems, Inc. (MITK): Price and Financial Metrics


Mitek Systems, Inc. (MITK): $9.39

0.06 (+0.64%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

MITK POWR Grades


  • Growth is the dimension where MITK ranks best; there it ranks ahead of 98.03% of US stocks.
  • MITK's strongest trending metric is Stability; it's been moving up over the last 179 days.
  • MITK's current lowest rank is in the Momentum metric (where it is better than 28.53% of US stocks).

MITK Stock Summary

  • MITK's current price/earnings ratio is 74.37, which is higher than 90.39% of US stocks with positive earnings.
  • With a year-over-year growth in debt of 1,829.47%, Mitek Systems Inc's debt growth rate surpasses 99.06% of about US stocks.
  • Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for MITK comes in at -19.93% -- higher than that of only 18.38% of stocks in our set.
  • Stocks that are quantitatively similar to MITK, based on their financial statements, market capitalization, and price volatility, are AXTI, DLB, AIRG, PAR, and DM.
  • Visit MITK's SEC page to see the company's official filings. To visit the company's web site, go to www.miteksystems.com.

MITK Valuation Summary

  • MITK's price/sales ratio is 8.5; this is 60.38% higher than that of the median Technology stock.
  • Over the past 243 months, MITK's price/sales ratio has gone up 5.9.
  • MITK's EV/EBIT ratio has moved up 80.7 over the prior 243 months.

Below are key valuation metrics over time for MITK.

Stock Date P/S P/B P/E EV/EBIT
MITK 2021-09-01 8.5 5.3 89.7 68.0
MITK 2021-08-31 8.4 5.2 88.2 66.9
MITK 2021-08-30 8.5 5.3 89.0 67.5
MITK 2021-08-27 8.4 5.2 87.9 66.7
MITK 2021-08-26 8.1 5.0 84.6 64.5
MITK 2021-08-25 8.1 5.1 85.5 65.0

MITK Growth Metrics

    The 5 year price growth rate now stands at 9.57%.
  • Its 2 year net cashflow from operations growth rate is now at 66.12%.
  • The 4 year net income to common stockholders growth rate now stands at 118.13%.
Over the past 70 months, MITK's revenue has gone up $96,062,711.

The table below shows MITK's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2021-12-31 126.295 30.862 8.935
2021-09-30 119.797 37.341 7.978
2021-06-30 117.165 31.763 11.169
2021-03-31 110.8 31.814 9.532
2020-12-31 105.219 27.662 9.421
2020-09-30 101.31 24.122 7.814

MITK's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • MITK has a Quality Grade of B, ranking ahead of 87.52% of graded US stocks.
  • MITK's asset turnover comes in at 0.417 -- ranking 66th of 83 Computers stocks.
  • EBIX, MNDT, and STX are the stocks whose asset turnover ratios are most correlated with MITK.

The table below shows MITK's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-06-30 0.417 0.873 0.073
2021-03-31 0.516 0.865 0.085
2020-12-31 0.646 0.863 0.146
2020-09-30 0.652 0.870 0.140
2020-06-30 0.651 0.866 0.139
2020-03-31 0.651 0.864 0.074

MITK Price Target

For more insight on analysts targets of MITK, see our MITK price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $25.00 Average Broker Recommendation 1.3 (Strong Buy)

MITK Stock Price Chart Interactive Chart >

Price chart for MITK

MITK Price/Volume Stats

Current price $9.39 52-week high $23.29
Prev. close $9.33 52-week low $9.03
Day low $9.18 Volume 280,248
Day high $9.65 Avg. volume 373,784
50-day MA $12.92 Dividend yield N/A
200-day MA $16.78 Market Cap 416.42M

Mitek Systems, Inc. (MITK) Company Bio


Mitek Systems, Inc. develops, markets, and sells mobile capture and identity verification software solutions for enterprise customers in the Unites States. The company was founded in 1983 and is based in San Diego, California.


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Latest MITK News From Around the Web

Below are the latest news stories about Mitek Systems Inc that investors may wish to consider to help them evaluate MITK as an investment opportunity.

The Returns At Mitek Systems (NASDAQ:MITK) Aren't Growing

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...

Yahoo | February 21, 2022

AI More Accurate Than People at Identifying Biometric Spoofs, New Study Shows

NEW YORK, February 09, 2022--Humans have far greater difficulty identifying images of biometric spoofing attacks compared to computers performing the same task, according to research released today by ID R&D, a provider of AI-based voice and face biometrics and liveness detection technologies.

Yahoo | February 9, 2022

Mitek Systems' (MITK) CEO Max Carnecchia on Q1FY2022 Results - Earnings Call Transcript

Mitek Systems, Inc. (MITK) Q1FY2022 Earnings Conference Call January 27, 2022 4:30 PM ET Company Participants Todd Kehrli – Investor Relations Contact Officer Max Carnecchia – Chief Executive Officer Frank Teruel – Chief Financial Officer Conference Call Participants Bhavan Suri – William Blair Mario Cortellacci – Jefferies Mike Grondahl –...

SA Transcripts on Seeking Alpha | January 28, 2022

H.C. Wainwright Thinks Mitek Systems’ Stock is Going to Recover

In a report released today, Scott Buck from H.C. Wainwright maintained a Buy rating on Mitek Systems (MITK – Research Report), with a price target of $27.00. The company's shares closed last Thursday at $15.06, close to its 52-week low of $13.52. According to TipRanks.com, Buck is a 4-star analyst with an average return of 7.5% and a 38.4% success rate. Buck covers the Technology sector, focusing on stocks such as Enthusiast Gaming Holdings, Intellicheck Mobilisia, and Super League Gaming. Mitek Systems has an analyst consensus of Strong Buy, with a price target consensus of $27.50.

Brian Anderson on TipRanks | January 28, 2022

Mitek Systems' Monopoly Status Will Allow It To Exert Pricing Power

Mitek (MITK) has two business segments: the mobile checking deposits segment is 63% of their revenue and grew 11%, and the digital identity verification solutions is 37% of their revenue and grew at 32% (36% adjusted for discontinuation of legacy offerings). Mitek has a 98% market share in the mobile...

Young Money Capital on Seeking Alpha | January 27, 2022

Read More 'MITK' Stories Here

MITK Price Returns

1-mo N/A
3-mo -40.27%
6-mo -47.60%
1-year -42.71%
3-year -8.75%
5-year 6.70%
YTD -47.10%
2021 -0.17%
2020 132.42%
2019 -29.23%
2018 20.78%
2017 45.53%

Continue Researching MITK

Here are a few links from around the web to help you further your research on Mitek Systems Inc's stock as an investment opportunity:

Mitek Systems Inc (MITK) Stock Price | Nasdaq
Mitek Systems Inc (MITK) Stock Quote, History and News - Yahoo Finance
Mitek Systems Inc (MITK) Stock Price and Basic Information | MarketWatch

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