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


Mitek Systems, Inc. (MITK): $9.90

0.01 (+0.10%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

MITK POWR Grades

  • Value is the dimension where MITK ranks best; there it ranks ahead of 90.91% of US stocks.
  • The strongest trend for MITK is in Growth, which has been heading down over the past 177 days.
  • MITK's current lowest rank is in the Momentum metric (where it is better than 19.4% of US stocks).

MITK Stock Summary

  • MITEK SYSTEMS INC's stock had its IPO on May 26, 1995, making it an older stock than 76.11% of US equities in our set.
  • With a price/earnings ratio of 65.42, MITEK SYSTEMS INC P/E ratio is greater than that of about 91.42% of stocks in our set with positive earnings.
  • In terms of volatility of its share price, MITK is more volatile than just 22.64% of stocks we're observing.
  • If you're looking for stocks that are quantitatively similar to MITEK SYSTEMS INC, a group of peers worth examining would be NXGN, CGNX, DV, CALX, and DLB.
  • 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 3.1; this is 19.23% higher than that of the median Technology stock.
  • Over the past 243 months, MITK's price/sales ratio has gone up 2.1.

Below are key valuation metrics over time for MITK.

Stock Date P/S P/B P/E EV/EBIT
MITK 2023-01-20 3.1 2.5 64.5 37.5
MITK 2023-01-19 3.1 2.5 65.0 37.7
MITK 2023-01-18 3.1 2.5 65.0 37.7
MITK 2023-01-17 3.3 2.6 67.4 38.8
MITK 2023-01-13 3.2 2.5 66.1 38.2
MITK 2023-01-12 3.2 2.5 65.4 37.9

MITK Growth Metrics

    Its 4 year cash and equivalents growth rate is now at 30.63%.
  • Its 3 year revenue growth rate is now at 76.76%.
  • Its year over year price growth rate is now at -34.36%.
Over the past 64 months, MITK's revenue has gone up $100,328,000.

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
2022-06-30 139.791 28.338 6.755
2022-03-31 132.236 30.966 9.827
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

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 $9.90 52-week high $17.00
Prev. close $9.89 52-week low $8.32
Day low $9.90 Volume 133,300
Day high $10.03 Avg. volume 221,083
50-day MA $10.18 Dividend yield N/A
200-day MA $10.22 Market Cap 442.33M

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.

Mitek Systems: Identity Verification At Cheap Valuation

Mitek Systems, Inc. (MITK) operates in the identity verification systems industry, which currently grows at a double digit. Already with many clients from very different market verticals and technology, if internationalization and the merger integration of ID R&D are successful, in my view, the stock could be worth around $17.97 per share. I also see risks from lack of product and technological diversification and competition. With that, in my view, MITK appears undervalued by the market.

Mitek

Accompanying the modernization of industries and the daily life of people as well as security systems in access to personal data,...

Malak Investment Ideas on Seeking Alpha | January 13, 2023

Mitek Systems (MITK) Dips More Than Broader Markets: What You Should Know

In the latest trading session, Mitek Systems (MITK) closed at $9.73, marking a -1.92% move from the previous day.

Yahoo | January 5, 2023

Is It Worth Investing in Mitek Systems (MITK) Based on Wall Street's Bullish Views?

Based on the average brokerage recommendation (ABR), Mitek Systems (MITK) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

Yahoo | December 30, 2022

Mitek Systems (MITK) Stock Sinks As Market Gains: What You Should Know

Mitek Systems (MITK) closed at $10.04 in the latest trading session, marking a -1.18% move from the prior day.

Yahoo | December 23, 2022

2 Explosive Growth Stocks to Buy in 2022 and Beyond

Cloudflare and Mitek Systems are downtrodden growth stocks that can bounce back and deliver strong returns.

Yahoo | December 23, 2022

Read More 'MITK' Stories Here

MITK Price Returns

1-mo 0.51%
3-mo -10.49%
6-mo -13.31%
1-year -40.68%
3-year 10.00%
5-year 24.53%
YTD 2.17%
2022 -45.41%
2021 -0.17%
2020 132.42%
2019 -29.23%
2018 20.78%

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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