$9.17 -$0.02 (-0.2%)

04:30 PM EST on 01/24/20

Mitek Systems Inc. (NASDAQ:MITK)

CAPS Rating: 4 out of 5

Current Price $9.17 Mkt Cap $374.7M
Open $9.28 P/E Ratio 0.00
Prev. Close $9.17 Div. (Yield) $0.00 (0.0%)
Daily Range $9.06 - $9.30 Volume 275,032
52-Wk Range $7.68 - $9.69 Avg. Daily Vol. 375,012


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All Players

99 Outperform
11 Underperform

All-Star Players

14 Outperform
6 Underperform

Wall Street

1 Outperform
0 Underperform

Top NASDAQ:MITK Bull/Bear Pitches

The best Bull and Bear pitches based on recency and number of recommendations.

JAFbrblev (43.50)
Submitted May 02, 2018

Picked up MITK on a screener and begin to watch and follow deeper. They dominate the mobile deposit market, which in and of itself seems to have some growth opportunity. Bullish on their ability to parlay that with some fortunate timing regarding… More

BuffettJunior1 (98.85)
Submitted October 16, 2011

The only way this company is making money is by fooling investors to buy its stock. I just don't understand how people fall for these bad investments. The company's stock based compensation alone is almost higher than its revenue. This is a huge red… More


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Recent Community Commentary

Read the most recent pitches from players about MITK.


Member Avatar ROEoutshinesGOLD (99.88) Submitted: 6/12/2018 3:57:29 PM : Outperform Start Price: $7.35 NASDAQ:MITK Score: +1.08

Brian Feroldi (TMFTypeoh):

So, what does Mitek Systems do? Put simply, the company focuses on mobile image capture and identity verification software. Mitek's software is currently used by more than 6,100 financial institutions (think banks, credit unions, payment processors, and insurers), and it has been used by more than 80 million customers. The product it's best known for is Mobile Deposit, which lets banking customers use the camera on their phone to deposit a check. This feature has become hugely popular with banking customers as Mitek's software has already been used to process more than 2 billion checks since it was first created.

Mitek's first-mover advantage in Mobile Deposit has allowed its revenue growth to soar in recent years. Companywide sales have jumped 314% in the last five years alone. The gains have allowed profits and cash flow to soar as well.

Looking ahead, market watchers expect Mobile Deposit to continue to gain popularity with consumers, which should translate into continued sales and profits gains. The company is also rolling out new uses for its technology such as identity verification, which could also make Mitek a hidden way to play the rise of cybersecurity.

Overall, Mitek is profitable, growing fast, and sports a debt-free balance sheet. That makes it a great stock for investors to get to know before Wall Street catches on.

Apr 25, 2018


📺 3 More Small-Cap Tech Companies for Your Watch List [ MITK, GRUB, BL ] — TMF (video)
Jun 12, 2018


MITK news_________________________________________
📰 https://www.fool.com/quote/nasdaq/mitek-systems/mitk 📰


Member Avatar TMFTypeoh (93.59) Submitted: 5/18/2018 9:23:59 AM : Outperform Start Price: $8.75 NASDAQ:MITK Score: -15.22

David Kretzmann piggyback


Member Avatar BQWolf05 (57.79) Submitted: 5/4/2018 2:47:48 PM : Outperform Start Price: $8.90 NASDAQ:MITK Score: -20.29

As more people move to using mobile devices and the need for digital verification increases i feel that this company is poised to grow as more companies use its services for verification. Checks are not going away over night so its mobile deposit will still produce revenue.


Find the members with the highest scoring picks in MITK.

Score Leader


wfm100 (< 20) Score: +252.76

The Score Leader is the player with the highest score across all their picks in MITK.

Member Name Member
Call Time
Score Commentary
wfm100 < 20 8/27/2014 Outperform 5Y $2.20 +316.82% +64.06% +252.76 1 Comment
kaleidescopic < 20 9/2/2011 Underperform 3W $11.94 -23.20% +176.55% +199.75 0 Comment
BuffettJunior1 98.85 10/17/2011 Underperform 5Y $11.83 -22.48% +171.57% +194.05 5 Comments
gunterle 67.60 3/20/2015 Outperform 5Y $2.83 +224.03% +56.01% +168.02 1 Comment
s7evenofspades 26.47 5/4/2012 Outperform 5Y $2.55 +259.61% +137.39% +122.22 0 Comment
Secretsinc < 20 4/17/2014 Outperform 5Y $3.38 +171.30% +76.90% +94.40 0 Comment
metaBot < 20 6/30/2014 Outperform 5Y $3.50 +162.00% +68.02% +93.98 0 Comment
Zdbrowning < 20 6/8/2015 Outperform 5Y $3.81 +140.68% +56.85% +83.83 0 Comment
Exponentialpicks 42.45 6/10/2015 Outperform 5Y $3.98 +130.41% +55.68% +74.73 0 Comment
foodbag 66.64 12/5/2012 Outperform 5Y $2.99 +206.69% +133.75% +72.94 0 Comment

Wall Street

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