Stock Scorecard



Stock Summary for Mitek Systems Inc (MITK) - $11.98 as of 4/19/2024 4:10:31 PM EST

Total Score

10 out of 29

Currently on the following lists
None
Tim's Recommendation
Avoid

Growth List Algorithm Criteria for MITK

Positive earnings growth
P/E ratio less than Industry P/E Ratio
P/E ratio less than Sector P/E Ratio
P/E ratio that is half the growth rate (or less)
Positive net cash position the past year and most recent quarter
Equity to debt ratio greater than 0.75 for past year and most recent quarter
Positive net income past year and 12 trailing months
Free cash flow ratio greater than 0 and less than 10

Small Cap List Algorithm Criteria for MITK

Revenue growing by at least 20% average per year over the last 5 years
Market Capitalization under 2 billion
Price to Sales (P/S) ratio 12 trailing months less than Industry P/S ratio twelve trailing months
Price to Sales (P/S) ratio 12 trailing months less than Sector P/S ratio twelve trailing months
Net Income past year > Net Income prior year OR Net Income 12 trailing months > Net Income prior year OR Net Income 12 trailing months > Net Income past year

Dividend List Algorithm Criteria for MITK

Declared an ex-dividend date
Forward annual dividend rate greater than 2
Positive net cash position the past year and most recent quarter
Equity to debt ratio greater than 0.75 for past year and most recent quarter
Current ratio most recent quarter greater than 2

Bonus Criteria for MITK

P/E ratio less than five-year Average P/E ratio
Last Price to 52 Week Low Ratio Less Than 1
Total Cash Per Share > Last Day Price
P/S Ratio < 1
P/B Ratio < 1

Latest News for for MITK

Mitek Systems ( NASDAQ:MITK ) Upgraded to Buy by StockNews.com 4/18/2024 9:56:00 AM
Mitek Systems' ( MITK ) Q1 Earnings & Revenues Decline Y/Y 4/16/2024 1:46:00 PM
Bank of America, Morgan Stanley And 3 Stocks To Watch Heading Into Tuesday - Bank of America ( NYSE:BAC ) , Morgan Stanley ( NYSE:MS ) 4/16/2024 6:10:00 AM
Mitek Systems ( NASDAQ:MITK ) Downgraded by StockNews.com to Hold 3/22/2024 9:48:00 AM
Council Post: 20 Ways SMBs Can Leverage AI To Elevate Their CX 3/1/2024 4:15:00 PM
Council Post: 'Hey Siri: What Should Users Know About Voice-Controlled Tech?' 2/8/2024 6:15:00 PM
Apple Reports Q1 Results, Joins Skechers, Atlassian And Other Big Stocks Moving Lower In Friday's Pre-Market Session - Apple ( NASDAQ:AAPL ) , Eve Holding ( NYSE:EVEX ) 2/2/2024 10:28:00 AM
StockNews.com Downgrades Mitek Systems ( NASDAQ:MITK ) to Buy 1/23/2024 6:38:00 AM
Council Post: 20 Trends In Leveraging Technology For Cyber And Physical Security 12/7/2023 6:15:00 PM
HUBS: Are These Software Stocks a Buy or Hold Opportunity for December? 11/30/2023 4:10:00 PM

Financial Details for MITK

Company Overview

Ticker MITK
Company Name Mitek Systems Inc
Country USA
Description Mitek Systems, Inc. develops, markets, and sells mobile imaging and digital identity verification solutions in the United States, Europe, Latin America, and internationally. The company is headquartered in San Diego, California.
Sector Name TECHNOLOGY
Industry Name COMPUTER PERIPHERAL EQUIPMENT, NEC
Most Recent Quarter 3/31/2024
Next Earnings Date N/A

Stock Price History

Last Day Price 11.98
Last Day Price Updated 4/19/2024 4:10:31 PM EST
Last Day Volume 0
Average Daily Volume 664,712
52-Week High 16.24
52-Week Low 8.78
Last Price to 52 Week Low 36.45%

Valuation Measures

Trailing PE N/A
Industry PE 63.55
Sector PE 73.55
5-Year Average PE 22.96
Free Cash Flow Ratio 4.52
Industry Free Cash Flow Ratio 14.41
Sector Free Cash Flow Ratio 27.16
Current Ratio Most Recent Quarter 4.70
Total Cash Per Share 2.65
Book Value Per Share Most Recent Quarter 4.58
Price to Book Ratio 3.34
Industry Price to Book Ratio 81.54
Sector Price to Book Ratio 14.80
Price to Sales Ratio Twelve Trailing Months 3.97
Industry Price to Sales Ratio Twelve Trailing Months 4.08
Sector Price to Sales Ratio Twelve Trailing Months 4.64

Share Statistics

Total Shares Outstanding 46,790,600
Market Capitalization 560,551,388
Institutional Ownership N/A

Dividends

Ex-Dividend Date N/A
Last Dividend Amount 0.00
Current Dividend Amount 0.00
Dividend Aristocrat? False
Trailing Annual Dividend Rate 0.00
Trailing Annual Dividend Yield 1.97%
Forward Annual Dividend Rate 0.00
Forward Annual Dividend Yield 0.00%
5-Year Dividend Payments Count 0
3-Year Average Dividend Yield 0.00%
5-Year Average Dividend Yield 0.00%
1-Year Dividend Growth Rate Percentage 0.00%
3-Year Dividend Growth Rate Percentage 0.00%
5-Year Dividend Growth Rate Percentage 0.00%
All-Time Dividend Growth Rate Percentage 0.00%
Dividend Payout Ratio N/A

Income Statement

Quarterly Earnings Growth YOY 1,032.00%
Annual Earnings Growth 117.30%
Reported EPS 12 Trailing Months -0.06
Reported EPS Past Year 0.29
Reported EPS Prior Year 0.88
Net Income Twelve Trailing Months -2,496,000
Net Income Past Year 8,027,000
Net Income Prior Year 3,694,000
Quarterly Revenue Growth YOY -19.20%
5-Year Revenue Growth 20.80%

Balance Sheet

Total Cash Most Recent Quarter 123,911,000
Total Cash Past Year 133,613,000
Total Cash Prior Year 90,327,000
Net Cash Position Most Recent Quarter -13,575,000
Net Cash Position Past Year -1,903,000
Long Term Debt Past Year 135,516,000
Long Term Debt Prior Year 127,970,000
Total Debt Most Recent Quarter 137,486,000
Equity to Debt Ratio Past Year 0.60
Equity to Debt Ratio Most Recent Quarter 0.61
Total Stockholder Equity Past Year 205,188,000
Total Stockholder Equity Prior Year 170,980,000
Total Stockholder Equity Most Recent Quarter 213,798,000

Options

Put/Call Ratio 0.27
Has Options Options Chain
Liquidity Rating

Technical Analysis

Yahoo Finance Chart Yahoo Finance Chart
MACD 0.32
MACD Signal 0.53
20-Day Bollinger Lower Band 10.59
20-Day Bollinger Middle Band 12.53
20-Day Bollinger Upper Band 14.47
Beta 1.11
RSI 38.19
50-Day SMA 11.41
200-Day SMA 13.13

System

Modified 4/20/2024 5:43:37 AM EST