Intellicheck (NYSE:IDN) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of Intellicheck (NYSE:IDN) in a report published on Tuesday. The brokerage issued a buy rating on the stock.

Other analysts have also issued reports about the company. Northland Securities reiterated a market perform rating and set a $4.00 price objective on shares of Intellicheck in a report on Wednesday, April 10th. HC Wainwright reiterated a buy rating and set a $5.00 price target on shares of Intellicheck in a report on Friday, March 22nd. Finally, DA Davidson reissued a buy rating and issued a $5.00 price target on shares of Intellicheck in a research note on Friday, March 22nd.

Intellicheck Price Performance

NYSE:IDN opened at $2.96 on Tuesday. The stock has a market cap of $57.44 million, a PE ratio of -29.60 and a beta of 1.81. Intellicheck has a fifty-two week low of $1.56 and a fifty-two week high of $4.25. The stock’s 50-day moving average is $2.79 and its two-hundred day moving average is $2.16.

Intellicheck (NYSE:IDN) last announced its quarterly earnings data on Thursday, March 21st. The company reported $0.04 EPS for the quarter. Intellicheck had a negative net margin of 10.47% and a negative return on equity of 10.80%. The firm had revenue of $5.18 million for the quarter, compared to the consensus estimate of $5.16 million. On average, equities research analysts anticipate that Intellicheck will post -0.03 earnings per share for the current year.

Institutional Trading of Intellicheck

Several large investors have recently made changes to their positions in IDN. Truist Financial Corp lifted its holdings in Intellicheck by 21.8% in the 4th quarter. Truist Financial Corp now owns 37,279 shares of the company’s stock worth $71,000 after purchasing an additional 6,667 shares during the last quarter. Wilkinson Global Asset Management LLC raised its position in shares of Intellicheck by 9.2% in the fourth quarter. Wilkinson Global Asset Management LLC now owns 158,395 shares of the company’s stock valued at $301,000 after purchasing an additional 13,333 shares during the period. Finally, Herald Investment Management Ltd lifted its stake in shares of Intellicheck by 12.8% in the third quarter. Herald Investment Management Ltd now owns 850,000 shares of the company’s stock worth $1,887,000 after buying an additional 96,439 shares during the last quarter. Institutional investors own 42.79% of the company’s stock.

About Intellicheck

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.