FY2024 EPS Estimates for Intellicheck Cut by HC Wainwright

Intellicheck, Inc. (NYSE:IDN) – Research analysts at HC Wainwright decreased their FY2024 earnings per share (EPS) estimates for shares of Intellicheck in a note issued to investors on Thursday, November 14th. HC Wainwright analyst S. Buck now anticipates that the company will post earnings of ($0.08) per share for the year, down from their prior forecast of ($0.03). HC Wainwright currently has a “Buy” rating and a $4.00 price objective on the stock. The consensus estimate for Intellicheck’s current full-year earnings is ($0.07) per share. HC Wainwright also issued estimates for Intellicheck’s FY2025 earnings at ($0.05) EPS.

Several other research firms also recently commented on IDN. StockNews.com downgraded 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 decreased their price target for the company from $5.00 to $2.00 in a report on Friday, August 9th.

Intellicheck Trading Down 0.4 %

IDN opened at $2.39 on Monday. The firm’s 50 day simple moving average is $2.25 and its two-hundred day simple moving average is $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 Trading of Intellicheck

Several hedge funds have recently modified their holdings of IDN. Wilkinson Global Asset Management LLC increased its position in Intellicheck by 4.9% during the second quarter. Wilkinson Global Asset Management LLC now owns 182,805 shares of the company’s stock valued at $625,000 after acquiring an additional 8,621 shares during the last quarter. Garden State Investment Advisory Services LLC boosted its position in shares of Intellicheck by 3.7% during 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 during the period. B. Riley Wealth Advisors Inc. bought a new position in shares of Intellicheck during the first quarter valued at approximately $43,000. Dimensional Fund Advisors LP bought a new stake in shares of Intellicheck during the 2nd quarter worth approximately $47,000. Finally, Hilltop Holdings Inc. bought a new position in Intellicheck in the 3rd quarter valued at $43,000. 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.