Intellicheck (NASDAQ:IDN) Stock Rating Lowered by Wall Street Zen

Intellicheck (NASDAQ:IDN) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued on Saturday.

Other equities analysts have also recently issued research reports about the company. Craig Hallum cut Intellicheck from a “buy” rating to a “hold” rating and set a $6.50 price objective for the company. in a report on Wednesday, May 13th. DA Davidson reduced their target price on Intellicheck from $7.50 to $5.00 and set a “buy” rating on the stock in a research note on Friday. Northland Securities set a $6.00 target price on Intellicheck in a research report on Friday. Zacks Research downgraded Intellicheck from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 13th. Finally, Weiss Ratings lowered shares of Intellicheck from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, June 24th. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $6.50.

Intellicheck Price Performance

Shares of NASDAQ IDN opened at $2.81 on Friday. Intellicheck has a 1 year low of $2.70 and a 1 year high of $9.08. The firm has a 50-day simple moving average of $3.95 and a two-hundred day simple moving average of $5.18. The company has a market cap of $56.90 million, a P/E ratio of 18.73 and a beta of 0.81.

Intellicheck (NASDAQ:IDN) last released its earnings results on Thursday, August 13th. The company reported $0.03 EPS for the quarter, meeting analysts’ consensus estimates of $0.03. Intellicheck had a return on equity of 15.02% and a net margin of 13.03%.The firm had revenue of $5.94 million for the quarter. As a group, equities research analysts expect that Intellicheck will post 0.17 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Globeflex Capital L P purchased a new position in Intellicheck during the 2nd quarter worth $70,000. Bank of New York Mellon Corp bought a new stake in Intellicheck during the 2nd quarter valued at $201,000. NewEdge Advisors LLC lifted its holdings in shares of Intellicheck by 149.7% in the 1st quarter. NewEdge Advisors LLC now owns 23,462 shares of the company’s stock worth $164,000 after buying an additional 14,066 shares during the period. Renaissance Technologies LLC lifted its holdings in shares of Intellicheck by 11.3% in the 1st quarter. Renaissance Technologies LLC now owns 485,835 shares of the company’s stock worth $3,396,000 after buying an additional 49,470 shares during the period. Finally, Arrowstreet Capital Limited Partnership bought a new position in shares of Intellicheck during the 1st quarter worth $361,000. Institutional investors own 42.79% of the company’s stock.

About Intellicheck

Intellicheck, Inc is a provider of mobile identity verification and authentication solutions designed to help organizations verify credentials and combat fraud. The company’s technology leverages optical character recognition, machine learning, and biometric facial recognition to validate government‐issued IDs, passports, and other identity documents in real time. These solutions are deployed via on‐premises hardware or cloud‐based platforms, enabling clients to integrate identity checks directly into digital workflows and point‐of‐sale systems.

The firm’s flagship offerings include mobile credential scanning applications and software development kits (SDKs) that support Know Your Customer (KYC), Anti–Money Laundering (AML), age verification, and regulatory compliance across multiple industries.