Mitek Systems, Inc is a software-application business based in the US. Mitek Systems shares (MITK) are listed on the NASDAQ and all prices are listed in US Dollars. Mitek Systems employs 350 staff and has a trailing 12-month revenue of around 0.00.
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Mitek Systems stock price (NASDAQ: MITK)Use our graph to track the performance of MITK stocks over time.
Mitek Systems shares at a glance
|Latest market close||$16.96|
|52-week range||$10.32 - $20.44|
|50-day moving average||$18.94|
|200-day moving average||$16.77|
|Wall St. target price||$22.13|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$0.22|
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Is it a good time to buy Mitek Systems stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Mitek Systems price performance over time
|1 week (2021-07-23)||N/A|
|1 month (2021-07-02)||-10.88%|
|3 months (2021-05-03)||5.41%|
|6 months (2021-01-30)||N/A|
|1 year (2020-07-30)||N/A|
|2 years (2019-07-30)||N/A|
|3 years (2018-07-30)||N/A|
|5 years (2016-07-30)||N/A|
Is Mitek Systems under- or over-valued?
Valuing Mitek Systems stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Mitek Systems's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Mitek Systems's P/E ratio
Mitek Systems's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 90x. In other words, Mitek Systems shares trade at around 90x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Mitek Systems's PEG ratio
Mitek Systems's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.2756. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Mitek Systems's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Mitek Systems's EBITDA
Mitek Systems's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $29.6 million.
The EBITDA is a measure of a Mitek Systems's overall financial performance and is widely used to measure a its profitability.
Mitek Systems financials
|Revenue TTM||$110.8 million|
|Operating margin TTM||19.74%|
|Gross profit TTM||$88.1 million|
|Return on assets TTM||5.43%|
|Return on equity TTM||6.77%|
|Market capitalisation||$856.9 million|
TTM: trailing 12 months
Shorting Mitek Systems shares
There are currently 3.8 million Mitek Systems shares held short by investors – that's known as Mitek Systems's "short interest". This figure is 1.4% up from 3.7 million last month.
There are a few different ways that this level of interest in shorting Mitek Systems shares can be evaluated.
Mitek Systems's "short interest ratio" (SIR)
Mitek Systems's "short interest ratio" (SIR) is the quantity of Mitek Systems shares currently shorted divided by the average quantity of Mitek Systems shares traded daily (recently around 425974.5186863). Mitek Systems's SIR currently stands at 8.83. In other words for every 100,000 Mitek Systems shares traded daily on the market, roughly 8830 shares are currently held short.
However Mitek Systems's short interest can also be evaluated against the total number of Mitek Systems shares, or, against the total number of tradable Mitek Systems shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Mitek Systems's short interest could be expressed as 0.09% of the outstanding shares (for every 100,000 Mitek Systems shares in existence, roughly 90 shares are currently held short) or 0.0953% of the tradable shares (for every 100,000 tradable Mitek Systems shares, roughly 95 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Mitek Systems.
Find out more about how you can short Mitek Systems stock.
Mitek Systems share dividends
We're not expecting Mitek Systems to pay a dividend over the next 12 months.
Mitek Systems share price volatility
Over the last 12 months, Mitek Systems's shares have ranged in value from as little as $10.32 up to $20.44. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Mitek Systems's is 0.2769. This would suggest that Mitek Systems's shares are less volatile than average (for this exchange).
Mitek Systems overview
Mitek Systems, Inc. develops, markets, and sells mobile image capture and digital identity verification solutions in the United States, Europe, Latin America, and internationally. The company's solutions are embedded in native mobile apps and browsers to facilitate online user experiences, fraud detection and reduction, and compliant transactions. It offers Mobile Deposit that enables individuals and businesses to remotely deposit checks using their camera-equipped smartphone or tablet; and Mobile Verify, an identity verification solution that is integrated into mobile apps, mobile websites, and desktop applications. The company also provides Mobile Fill, an application to prefill forms with user data by snapping a picture of the driver license or other similar identity documents; Mobile Docs, a mobile document scanning solution; and MiSnap, an image capture technology. In addition, it offers CheckReader that enables financial institutions to automatically extract data from checks; XE, a recurrent neural network engine; and ID_CLOUD, an automated identity verification solution that is integrated into a customers' application to read and validate identity documents. The company sells its solutions primarily to banks, credit unions, lenders, payments processers, card issuers, fintech companies, and others through direct sales teams and channel partners.
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Frequently asked questionsWhat percentage of Mitek Systems is owned by insiders or institutions?
Currently 3.081% of Mitek Systems shares are held by insiders and 67.928% by institutions. How many people work for Mitek Systems?
Latest data suggests 350 work at Mitek Systems. When does the fiscal year end for Mitek Systems?
Mitek Systems's fiscal year ends in September. Where is Mitek Systems based?
Mitek Systems's address is: 600 B Street, San Diego, CA, United States, 92101 What is Mitek Systems's ISIN number?
Mitek Systems's international securities identification number is: US6067102003 What is Mitek Systems's CUSIP number?
Mitek Systems's Committee on Uniform Securities Identification Procedures number is: 606710200
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