Northland Capmk Predicts Weaker Earnings for Intellicheck

Intellicheck, Inc. (NYSE:IDN) – Analysts at Northland Capmk cut their FY2024 earnings estimates for shares of Intellicheck in a 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 forecast 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.

A number of other equities research analysts also recently weighed in on the stock. HC Wainwright reissued a “buy” rating and set a $4.00 price target on shares of Intellicheck in a research note on Thursday. DA Davidson lowered Intellicheck from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $5.00 to $2.00 in a research report on Friday, August 9th. Finally, StockNews.com lowered shares of Intellicheck from a “buy” rating to a “hold” rating in a research note on Monday, August 12th.

Intellicheck Stock Down 0.4 %

Shares of IDN stock opened at $2.39 on Monday. The firm has a market cap of $46.68 million, a price-to-earnings ratio of -79.67 and a beta of 1.95. Intellicheck has a 12 month low of $1.62 and a 12 month high of $4.46. The stock has a 50-day moving average price of $2.25 and a 200 day moving average price of $2.75.

Institutional Trading of Intellicheck

A number of institutional investors have recently modified their holdings of IDN. Hilltop Holdings Inc. acquired a new stake in shares of Intellicheck in the third quarter valued at approximately $43,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of Intellicheck during the 1st quarter worth about $43,000. Dimensional Fund Advisors LP bought a new position in shares of Intellicheck in the 2nd quarter valued at about $47,000. Wilkinson Global Asset Management LLC grew its stake in 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 purchasing an additional 8,772 shares in the last quarter. Finally, Garden State Investment Advisory Services LLC raised its stake in shares of Intellicheck by 3.7% during the 3rd quarter. Garden State Investment Advisory Services LLC now owns 269,357 shares of the company’s stock worth $585,000 after purchasing 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.