FY2024 EPS Estimates for Intellicheck Cut by DA Davidson

Intellicheck, Inc. (NYSE:IDN) – Analysts at DA Davidson decreased their FY2024 earnings estimates for shares of Intellicheck in a report issued on Thursday, November 14th. DA Davidson analyst R. Kessinger now expects that the company will earn ($0.02) per share for the year, down from their previous estimate of ($0.01). DA Davidson currently has a “Neutral” rating and a $2.00 target price on the stock. The consensus estimate for Intellicheck’s current full-year earnings is ($0.07) per share. DA Davidson also issued estimates for Intellicheck’s FY2025 earnings at ($0.02) EPS.

IDN has been the subject of a number of other research reports. StockNews.com cut Intellicheck from a “buy” rating to a “hold” rating in a research note on Monday, August 12th. HC Wainwright reaffirmed a “buy” rating and set a $4.00 price objective on shares of Intellicheck in a research report on Thursday.

Intellicheck Price Performance

NYSE IDN opened at $2.39 on Monday. The company has a fifty day moving average of $2.25 and a two-hundred day moving average of $2.75. The company has a market capitalization of $46.68 million, a PE ratio of -79.67 and a beta of 1.95. Intellicheck has a 1 year low of $1.62 and a 1 year high of $4.46.

Institutional Investors Weigh In On Intellicheck

Hedge funds and other institutional investors have recently bought and sold shares of the business. AIGH Capital Management LLC increased its position in shares of Intellicheck by 16.8% in the second quarter. AIGH Capital Management LLC now owns 1,767,732 shares of the company’s stock valued at $6,046,000 after buying an additional 253,706 shares in the last quarter. Hilltop Holdings Inc. purchased a new stake in Intellicheck in the 3rd quarter valued at approximately $43,000. Dimensional Fund Advisors LP purchased a new stake in Intellicheck in the 2nd quarter valued at approximately $47,000. B. Riley Wealth Advisors Inc. acquired a new stake in Intellicheck during the 1st quarter valued at $43,000. Finally, Garden State Investment Advisory Services LLC increased its position in Intellicheck by 3.7% during the third quarter. Garden State Investment Advisory Services LLC now owns 269,357 shares of the company’s stock worth $585,000 after buying an additional 9,500 shares in the last quarter. 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.