Oppenheimer analyst Shaul Eyal maintained a Hold rating on Intellicheck Mobilisia (IDN) yesterday. The company’s shares closed yesterday at $2.23.
Eyal noted:
“On 11/14, IDN reported 3Q18 revenue of $1.04M, up 8% y/y, just shy of our estimate of $1.1M. LPS came in at $0.07, matching our forecast. SaaS revenue increased by 25%. IDN signed an important agreement with a top five bank to deploy its Retail ID product solutions at the bank’s branches and with their retail clients. The company believes the key to its success is the growing importance of authenticating government IDs as the critical first step in combating identity fraud, keeping age- controlled products out of the hands of the underaged and increasing police officer effectiveness and safety. The company also announced the health-related departure of its chairman and the appointment of Guy Smith, the company’s longest-serving director, as chairman. Maintain Perform.”
According to TipRanks.com, Eyal is a top 100 analyst with an average return of 14.7% and a 67.0% success rate. Eyal covers the Technology sector, focusing on stocks such as Proofpoint Inc, Nice-Systems, and Mimecast Ltd.
The the analyst consensus on Intellicheck Mobilisia is currently a Hold rating.
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The company has a one-year high of $3.18 and a one-year low of $1.50. Currently, Intellicheck Mobilisia has an average volume of 23.59K.
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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.
