Intellicheck (NYSEAMERICAN: IDN) was updated by Zacks Investment Research from a "hold" rating to a "buy" rating in a report published on Wednesday, Zacks.com reports. The broker currently has a target price of $ 7.25 in the shares of the industrial products company. Zacks Investment ResearchThe target price indicates a potential rise of 7.62% of the current price of the company.
According to Zacks, “Intellicheck Mobilisa is a leading technology company that develops and markets wireless technology and identity systems for various applications, including: mobile and handheld wireless devices for government, military and commercial markets. Products include the defense identification system, an advanced identification card access control product that currently protects more than 70 military and federal locations. ID-Check is a technology that instantly reads, analyzes and verifies data encoded in magnetic stripes and bar codes in government identifications of approximately 60 US jurisdictions. UU. And Canada to determine if the content and format are valid. The company's products are used to address commercial and government fraud, focusing on age verification, secure access control and software tools, driver's license readers and identity validation markets. Intelli-Check Mobilisa sells its products through its direct sales force and marketing partners. The company is based in Port Townsend, Washington. "
Several other research analysts also recently commented on IDN. Seaport Global Securities began Intellicheck coverage in a research note on Friday, October 18. They issued a "buy" rating and a target price of $ 8.00 for the company. B. Riley began Intellicheck coverage in a research note on Friday, October 18. They issued a "buy" rating and a target price of $ 8.00 for the company. Finally, Northland Securities reaffirmed a "buy" rating and issued a target price of $ 7.00 on Intellicheck shares in a research note on Friday, August 2.
Actions of IDN They traded up to $ 0.04 during Wednesday's midday trading, reaching $ 6.74. 20,597 shares of the shares were exchanged, compared to their average volume of 38,211. Intellicheck has a minimum of twelve months of $ 1.91 and a maximum of twelve months of $ 6.92.
Intellicheck (NYSEAMERICAN: IDN) last published its quarterly earnings results on Thursday, November 7. The industrial products company reported ($ 0.04) EPS for the quarter, surpassing the Zacks consensus estimate of ($ 0.06) for $ 0.02. The company had revenues of $ 1.93 million during the quarter, compared to analyst estimates of $ 1.56 million.
Hedge funds have recently bought and sold shares. Clear Harbor Asset Management LLC increased its stake in Intellicheck by 4.9% in the third quarter. Clear Harbor Asset Management LLC now owns 1,401,805 shares of the company's stock of industrial products valued at $ 6,995,000 after buying an additional 65,120 shares in the last quarter. Morgan Stanley increased its position in Intellicheck by 115,798.5% in the second quarter. Morgan Stanley now owns 300,177 shares of the company's industrial product shares valued at $ 1,738,000 after acquiring 299,918 additional shares during the last quarter. Vanguard Group Inc. increased its position in Intellicheck by 2.7% in the second quarter. Vanguard Group Inc. now owns 323,480 shares of the company's industrial products stock valued at $ 1,873,000 after acquiring 8,498 additional shares during the last quarter. Cutter & CO Brokerage Inc. purchased a new position at Intellicheck in the second quarter valued at around $ 193,000. Finally, BlackRock Inc. increased its position in Intellicheck by 784.1% in the second quarter. BlackRock Inc. now owns 50,285 shares of the company's stock of industrial products valued at $ 291,000 after acquiring 44,597 additional shares during the last quarter.
Intellicheck Company Profile
Intellicheck, Inc, a technology company, develops, integrates and markets threat identification and identity authentication solutions for the prevention of retail fraud, threat identification of law enforcement and security systems and mobile and portable access control mainly in the U.S. Provides identity system products, including commercial identification products, such as ID Check SDK for software developers; Retail ID, an authentication solution that authenticates identification documents; Retail ID Online, authenticates the identification documents of a user online; Retail ID Mobile that provides the fraud reduction benefits of Retail ID; Age ID, a designation for several handheld devices; Guest ID, a software application that speeds up check-in and ID verification in hotels and motels; ID Check POS, a software application that runs on several VeriFone devices; ID Check BHO, an auxiliary browser object for the Microsoft browser; ID Check PC, an independent software solution; Software with knowledge of the state; software products for data collection devices; and instant credit application kiosk software applications.
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