Q4 Earnings Forecast for Intellicheck Issued By DA Davidson

Intellicheck, Inc. (NYSE:IDN) – Equities researchers at DA Davidson issued their Q4 2024 earnings per share estimates for shares of Intellicheck in a note issued to investors on Thursday, November 14th. DA Davidson analyst R. Kessinger expects that the company will post earnings of $0.00 per share for the quarter. DA Davidson has a “Neutral” rating and a $2.00 price target on the stock. The consensus estimate for Intellicheck’s current full-year earnings is ($0.03) per share.

Other research analysts have also issued research reports about the stock. HC Wainwright restated a “buy” rating and set a $4.00 price target on shares of Intellicheck in a research note on Thursday. StockNews.com downgraded Intellicheck from a “buy” rating to a “hold” rating in a research report on Monday, August 12th.

Intellicheck Stock Performance

Shares of IDN stock opened at $2.39 on Friday. The firm has a market capitalization of $46.69 million, a price-to-earnings ratio of -79.67 and a beta of 1.95. The stock’s 50-day simple moving average is $2.25 and its 200-day simple moving average is $2.75. Intellicheck has a fifty-two week low of $1.62 and a fifty-two week high of $4.46.

Institutional Investors Weigh In On Intellicheck

Several hedge funds have recently added to or reduced their stakes in the business. AIGH Capital Management LLC grew its stake in shares of Intellicheck by 16.8% during the 2nd quarter. AIGH Capital Management LLC now owns 1,767,732 shares of the company’s stock worth $6,046,000 after purchasing an additional 253,706 shares during the period. Garden State Investment Advisory Services LLC raised its position in shares of 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 during the period. Wilkinson Global Asset Management LLC boosted its stake in shares of Intellicheck by 4.8% during the 3rd 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. Hilltop Holdings Inc. acquired a new stake in shares of Intellicheck during the 3rd quarter valued at about $43,000. Finally, Dimensional Fund Advisors LP acquired a new position in Intellicheck in the 2nd quarter worth about $47,000. 42.79% of the stock is owned by hedge funds and other institutional investors.

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.