Northland Capmk Cuts Earnings Estimates for Intellicheck

Intellicheck, Inc. (NYSE:IDN) – Equities research analysts at Northland Capmk lowered their FY2024 earnings per share estimates for Intellicheck in a research note issued to investors on Thursday, November 14th. Northland Capmk analyst M. Grondahl now forecasts that the company will post earnings of ($0.10) per share for the year, down from their previous estimate 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.

Several other research firms have also recently issued reports on IDN. StockNews.com cut Intellicheck from a “buy” rating to a “hold” rating in a research note on Monday, August 12th. DA Davidson cut Intellicheck from a “buy” rating to a “neutral” rating and reduced their target price for the company from $5.00 to $2.00 in a research note on Friday, August 9th. Finally, HC Wainwright restated a “buy” rating and set a $4.00 price target on shares of Intellicheck in a research report on Thursday, November 14th.

Intellicheck Stock Performance

IDN opened at $2.41 on Monday. Intellicheck has a 52-week low of $1.65 and a 52-week high of $4.46. The stock has a market capitalization of $47.62 million, a PE ratio of -80.33 and a beta of 1.95. The stock’s 50 day moving average price is $2.26 and its 200-day moving average price is $2.74.

Institutional Investors Weigh In On Intellicheck

Hedge funds have recently made changes to their positions in the company. Hilltop Holdings Inc. bought a new stake in shares of Intellicheck during the third quarter valued at approximately $43,000. B. Riley Wealth Advisors Inc. bought a new stake in Intellicheck in the first quarter worth $43,000. Dimensional Fund Advisors LP bought a new stake in Intellicheck in the second quarter worth $47,000. Wilkinson Global Asset Management LLC boosted its holdings in Intellicheck by 4.8% in the third quarter. Wilkinson Global Asset Management LLC now owns 191,577 shares of the company’s stock worth $416,000 after acquiring an additional 8,772 shares in the last quarter. Finally, Garden State Investment Advisory Services LLC boosted its holdings in Intellicheck by 3.7% in the third quarter. Garden State Investment Advisory Services LLC now owns 269,357 shares of the company’s stock worth $585,000 after acquiring an additional 9,500 shares in the last quarter. 42.79% of the stock is currently owned by 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.