$-0.03 EPS Expected for Mitek Systems, Inc. (MITK)

January 10, 2018 - By Nellie Frank

 $ 0.03 EPS Expected for Mitek Systems, Inc. (MITK)
Investors sentiment decreased to 1.43 in Q3 2017. Its down 0.54, from 1.97 in 2017Q2. It is negative, as 10 investors sold Mitek Systems, Inc. shares while 27 reduced holdings. 25 funds opened positions while 28 raised stakes. 14.02 million shares or 2.95% more from 13.61 million shares in 2017Q2 were reported.
Prescott Group Cap Mgmt holds 0.21% of its portfolio in Mitek Systems, Inc. (NASDAQ:MITK) for 107,900 shares. Bnp Paribas Arbitrage Sa holds 0% in Mitek Systems, Inc. (NASDAQ:MITK) or 2,968 shares. Citadel Advsrs Limited Liability owns 0% invested in Mitek Systems, Inc. (NASDAQ:MITK) for 47,791 shares. Eqis Cap Mgmt owns 23,411 shares for 0.01% of their portfolio. Teachers Ins And Annuity Association Of America, New York-based fund reported 98,658 shares. Deutsche Fincl Bank Ag holds 53,784 shares or 0% of its portfolio. Peak6 Lp has 0% invested in Mitek Systems, Inc. (NASDAQ:MITK) for 75,046 shares. 10,911 are held by Guggenheim. Cadence Cap Mngmt Lc holds 0.09% or 158,233 shares. Gamco Investors Et Al invested in 0% or 12,000 shares. Morgan Stanley invested in 0% or 139,291 shares. Archon Mngmt Limited Liability Corporation invested in 2.86% or 560,695 shares. American Group Incorporated Inc reported 20,680 shares. Thompson Davis And has 16,250 shares. Ameritas Investment Prtnrs Inc owns 0% invested in Mitek Systems, Inc. (NASDAQ:MITK) for 2,294 shares.

Since December 11, 2017, it had 0 buys, and 2 selling transactions for $870,936 activity.

Analysts expect Mitek Systems, Inc. (NASDAQ:MITK) to report $-0.03 EPS on February, 1.After having $0.07 EPS previously, Mitek Systems, Inc.’s analysts see -142.86 % EPS growth. The stock decreased 0.55% or $0.05 during the last trading session, reaching $9.05. About 191,369 shares traded. Mitek Systems, Inc. (NASDAQ:MITK) has declined 2.93% since January 10, 2017 and is downtrending. It has underperformed by 19.63% the S&P500.

Mitek Systems, Inc. (NASDAQ:MITK) Ratings Coverage

Among 4 analysts covering Mitek Systems (NASDAQ:MITK), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Mitek Systems had 11 analyst reports since January 8, 2016 according to SRatingsIntel. The rating was maintained by Northland Capital with “Buy” on Tuesday, July 25. The firm has “Outperform” rating given on Monday, January 25 by Northland Capital. As per Wednesday, October 4, the company rating was maintained by Northland Capital. Northland Capital maintained the shares of MITK in report on Wednesday, August 30 with “Buy” rating. The firm has “Buy” rating by Roth Capital given on Friday, July 28. The firm has “Buy” rating given on Friday, June 9 by Roth Capital. On Wednesday, July 19 the stock rating was maintained by Roth Capital with “Buy”. The firm earned “Buy” rating on Wednesday, March 23 by Benchmark. The stock has “Buy” rating by Roth Capital on Thursday, November 2. Benchmark initiated the stock with “Buy” rating in Friday, January 8 report.

Mitek Systems, Inc. develops, markets, and sells mobile capture and identity verification software solutions for enterprise clients worldwide. The company has market cap of $314.71 million. The firm applies its patented technology in image capture, correction, and intelligent data extraction in the mobile financial and business services markets. It has a 22.62 P/E ratio. The Company’s technology allows users to remotely deposit checks, open accounts, get insurance quotes, and pay bills, as well as verify their identity by taking pictures of various documents with their camera-equipped smartphones and tablets instead of using the device keyboard.

More notable recent Mitek Systems, Inc. (NASDAQ:MITK) news were published by: Globenewswire.com which released: “Mitek’s Mobile Verify┬« Selected by Leading Job Site” on December 05, 2017, also Seekingalpha.com with their article: “Is The Empire About To Strike Back At Mitek Systems?” published on May 24, 2017, Globenewswire.com published: “Mitek Appoints Donna Wells, Award-Winning Tech Pioneer and Former Intuit …” on October 11, 2017. More interesting news about Mitek Systems, Inc. (NASDAQ:MITK) were released by: Globenewswire.com and their article: “Mitek Names SaaS Veteran Jeff Davison as Chief Financial Officer” published on June 21, 2017 as well as Globenewswire.com‘s news article titled: “Yubico uses Mitek’s Mobile Verify┬« to Provide Secure Access to State and Local …” with publication date: October 04, 2017.

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