Intellicheck (NASDAQ:IDN) Cut to Hold at Wall Street Zen

Wall Street Zen downgraded shares of Intellicheck (NASDAQ:IDN) from a buy rating to a hold rating in a report issued on Saturday morning.

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

Intellicheck Stock Performance

NASDAQ:IDN opened at $2.95 on Friday. The firm’s 50-day moving average is $3.92 and its 200-day moving average is $5.16. Intellicheck has a 52-week low of $2.70 and a 52-week high of $9.08. The company has a market cap of $59.74 million, a price-to-earnings ratio of 19.67 and a beta of 0.81.

Intellicheck (NASDAQ:IDN) last released its earnings results on Thursday, August 13th. The company reported $0.03 earnings per share for the quarter, meeting the consensus estimate of $0.03. Intellicheck had a net margin of 13.03% and a return on equity of 15.02%. The business had revenue of $5.94 million during the quarter. Equities analysts predict that Intellicheck will post 0.17 EPS for the current year.

Hedge Funds Weigh In On Intellicheck

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Occudo Quantitative Strategies LP bought a new stake in Intellicheck in the second quarter valued at $65,000. Jump Financial LLC bought a new position in shares of Intellicheck during the second quarter valued at $66,000. Globeflex Capital L P acquired a new stake in shares of Intellicheck in the 2nd quarter valued at $70,000. PFG Investments LLC acquired a new stake in shares of Intellicheck in the 4th quarter valued at $70,000. Finally, JPMorgan Chase & Co. grew its holdings in shares of Intellicheck by 21,267.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 13,889 shares of the company’s stock worth $75,000 after purchasing an additional 13,824 shares during the last quarter. Institutional investors own 42.79% of the company’s stock.

Intellicheck Company Profile

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.