Q4 EPS Estimates for Intellicheck Lowered by HC Wainwright

Intellicheck, Inc. (NYSE:IDN) – Stock analysts at HC Wainwright dropped their Q4 2024 earnings per share estimates for shares of Intellicheck in a research note issued on Thursday, November 14th. HC Wainwright analyst S. Buck now forecasts that the company will post earnings of ($0.01) per share for the quarter, down from their previous estimate of $0.02. HC Wainwright has a “Buy” rating and a $4.00 price objective on the stock. The consensus estimate for Intellicheck’s current full-year earnings is ($0.03) per share.

IDN has been the topic of several other research reports. StockNews.com cut shares of Intellicheck from a “buy” rating to a “hold” rating in a research report on Monday, August 12th. DA Davidson downgraded Intellicheck from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $5.00 to $2.00 in a report on Friday, August 9th.

Intellicheck Stock Performance

Intellicheck stock opened at $2.39 on Friday. The firm has a 50 day moving average price of $2.25 and a two-hundred day moving average price of $2.75. Intellicheck has a 52-week low of $1.62 and a 52-week high of $4.46. The firm has a market cap of $46.69 million, a price-to-earnings ratio of -79.67 and a beta of 1.95.

Institutional Investors Weigh In On Intellicheck

Hedge funds have recently added to or reduced their stakes in the company. AIGH Capital Management LLC lifted its holdings in shares of Intellicheck by 16.8% in 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 in the last quarter. Garden State Investment Advisory Services LLC lifted its stake 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 valued at $585,000 after buying an additional 9,500 shares in the last quarter. Wilkinson Global Asset Management LLC lifted its stake in shares of Intellicheck by 4.8% in the third quarter. Wilkinson Global Asset Management LLC now owns 191,577 shares of the company’s stock valued at $416,000 after buying an additional 8,772 shares in the last quarter. Hilltop Holdings Inc. acquired a new position in shares of Intellicheck during the third quarter valued at about $43,000. Finally, Dimensional Fund Advisors LP bought a new stake in shares of Intellicheck during the second quarter worth about $47,000. Institutional investors and hedge funds 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.