Intellicheck Inc (NYSEAMERICAN:IDN) – Research analysts at Oppenheimer reduced their FY2017 EPS estimates for Intellicheck in a research note issued to investors on Wednesday, according to Zacks Investment Research. Oppenheimer analyst S. Eyal now expects that the industrial products company will post earnings of ($0.34) per share for the year, down from their prior estimate of ($0.31). Oppenheimer currently has a “Buy” rating and a $4.00 target price on the stock. Oppenheimer also issued estimates for Intellicheck’s Q4 2017 earnings at ($0.07) EPS and FY2018 earnings at ($0.08) EPS.
A number of other brokerages also recently issued reports on IDN. CIBC began coverage on Intellicheck in a research report on Wednesday, September 20th. They set an “outperform” rating and a $4.00 price objective on the stock. Northland Securities began coverage on Intellicheck in a research report on Wednesday, September 6th. They set an “outperform” rating and a $4.30 price objective on the stock. ValuEngine downgraded Intellicheck from a “hold” rating to a “sell” rating in a research report on Tuesday, November 14th. Finally, Zacks Investment Research downgraded Intellicheck from a “hold” rating to a “sell” rating in a research report on Friday, November 17th. Two research analysts have rated the stock with a sell rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $4.10.
Intellicheck (IDN) traded down $0.02 during trading hours on Friday, hitting $2.21. The company had a trading volume of 27,258 shares, compared to its average volume of 63,720. Intellicheck has a 12 month low of $1.80 and a 12 month high of $4.55.
Intellicheck (NYSEAMERICAN:IDN) last posted its earnings results on Tuesday, November 14th. The industrial products company reported ($0.08) EPS for the quarter, hitting analysts’ consensus estimates of ($0.08). The company had revenue of $0.97 million for the quarter, compared to the consensus estimate of $1.17 million. Intellicheck had a negative return on equity of 28.67% and a negative net margin of 111.19%.
A number of hedge funds have recently modified their holdings of IDN. Vanguard Group Inc. raised its holdings in shares of Intellicheck by 81.1% in the second quarter. Vanguard Group Inc. now owns 99,502 shares of the industrial products company’s stock worth $386,000 after buying an additional 44,560 shares during the period. Clear Harbor Asset Management LLC raised its holdings in shares of Intellicheck by 21.4% in the third quarter. Clear Harbor Asset Management LLC now owns 1,141,162 shares of the industrial products company’s stock worth $3,287,000 after buying an additional 201,250 shares during the period. Finally, First Eagle Investment Management LLC raised its holdings in shares of Intellicheck by 0.8% in the second quarter. First Eagle Investment Management LLC now owns 1,068,386 shares of the industrial products company’s stock worth $4,145,000 after buying an additional 8,750 shares during the period.
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Intellicheck Company Profile
Intellicheck, Inc, formerly Intellicheck Mobilisa, Inc, is a technology company. The Company is engaged in developing, integrating and marketing wireless technology and identity systems for various applications, including mobile and handheld access control, and security systems for the government, military and commercial markets.
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