Oppenheimer analyst Shaul Eyal maintained a Hold rating on Intellicheck Mobilisia (IDN) today. The company’s shares closed yesterday at $2.55.
Eyal said:
“IDN reported 4Q18 revenue of $1.33M, up 37.5% year/year, that beat our estimate of $1.147M. Loss per share of $0.04 bested our forecast of -$0.06. SaaS revenue increased by 45% to $826K. IDN’s pipeline includes working with 4 banks on opportunities for 16 retailers and 2 credit card issuers. IDN begun a rollout for a large home retailer (> 1K stores) this month. The company views the growing importance of authenticating government IDs as mission critical in combating identity fraud, keeping age-controlled products (which now include vaping and cannabis products) out of the hands of the- under-age, and supporting law enforcement officials’ demand for effectiveness and safety. This quarter shows signs of improvements in light of inconsistency seen in prior quarters. Maintain Perform.”
According to TipRanks.com, Eyal is a top 100 analyst with an average return of 16.9% and a 70.4% success rate. Eyal covers the Technology sector, focusing on stocks such as Nuance Communications, Verint Systems Inc, and CyberArk Software.
Currently, the analyst consensus on Intellicheck Mobilisia is a Moderate Buy with an average price target of $3.50.
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The company has a one-year high of $2.80 and a one-year low of $1.50. Currently, Intellicheck Mobilisia has an average volume of 19.23K.
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Intellicheck, Inc. engages in developing, integrating, and marketing identity authentication systems for various applications including mobile, handheld and integrated systems for the government, military and commercial markets.
