Northland Capmk Reduces Earnings Estimates for Intellicheck

Intellicheck, Inc. (NYSE:IDN) – Northland Capmk cut their FY2024 earnings per share estimates for Intellicheck in a research note issued to investors on Thursday, November 14th. Northland Capmk analyst M. Grondahl now anticipates that the company will post earnings per share of ($0.10) for the year, down from their prior 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.

Several other research analysts have also commented on IDN. HC Wainwright reiterated a “buy” rating and set a $4.00 price objective on shares of Intellicheck in a research note on Thursday, November 14th. DA Davidson downgraded Intellicheck from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $5.00 to $2.00 in a research report on Friday, August 9th. Finally, StockNews.com cut Intellicheck from a “buy” rating to a “hold” rating in a research report on Monday, August 12th.

Intellicheck Stock Performance

IDN stock opened at $2.41 on Monday. Intellicheck has a one year low of $1.65 and a one year high of $4.46. The firm has a market cap of $47.07 million, a price-to-earnings ratio of -79.67 and a beta of 1.95. The firm has a 50-day simple moving average of $2.25 and a two-hundred day simple moving average of $2.74.

Institutional Trading of Intellicheck

A number of institutional investors have recently bought and sold shares of IDN. Hilltop Holdings Inc. acquired a new position in Intellicheck during the 3rd quarter valued at approximately $43,000. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Intellicheck during the first quarter valued at $43,000. Dimensional Fund Advisors LP acquired a new position in shares of Intellicheck in the 2nd quarter valued at $47,000. Wilkinson Global Asset Management LLC raised its stake in Intellicheck by 4.8% in the 3rd quarter. Wilkinson Global Asset Management LLC now owns 191,577 shares of the company’s stock worth $416,000 after acquiring an additional 8,772 shares during the last quarter. Finally, Garden State Investment Advisory Services LLC lifted its position in 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 acquiring an additional 9,500 shares during the period. 42.79% of the stock is currently owned by institutional investors and hedge funds.

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.