We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Strength Seen in Intellicheck Mobilisa (IDN): Can Its 25.4% Jump Turn into More Strength?
Read MoreHide Full Article
Intellicheck Mobilisa, Inc. (IDN - Free Report) shares ended the last trading session 25.4% higher at $6.42. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 5.4% gain over the past four weeks.
Intellicheck’s rally is primarily driven by optimism over the increase in Software as a Service (SaaS) revenues. IDN’s focus on market diversification strategy, strong customer base and growth in demand for its identity verification technology bode well.
This company is expected to post quarterly earnings of $0.02 per share in its upcoming report, which represents a year-over-year change of +200%. Revenues are expected to be $5.64 million, up 15.3% from the year-ago quarter.
While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For Intellicheck Mobilisa, the consensus EPS estimate for the quarter has been revised 266.7% higher over the last 30 days to the current level. And a positive trend in earnings estimate revision usually translates into price appreciation. So, make sure to keep an eye on IDN going forward to see if this recent jump can turn into more strength down the road.
Intellicheck Mobilisa belongs to the Zacks Security and Safety Services industry. Another stock from the same industry, Resideo Technologies (REZI - Free Report) , closed the last trading session 2% lower at $32.63. Over the past month, REZI has returned -13.9%.
For Resideo Technologies, the consensus EPS estimate for the upcoming report has changed +1.9% over the past month to $0.61. This represents a change of -3.2% from what the company reported a year ago. Resideo Technologies currently has a Zacks Rank of #2 (Buy).
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Strength Seen in Intellicheck Mobilisa (IDN): Can Its 25.4% Jump Turn into More Strength?
Intellicheck Mobilisa, Inc. (IDN - Free Report) shares ended the last trading session 25.4% higher at $6.42. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 5.4% gain over the past four weeks.
Intellicheck’s rally is primarily driven by optimism over the increase in Software as a Service (SaaS) revenues. IDN’s focus on market diversification strategy, strong customer base and growth in demand for its identity verification technology bode well.
This company is expected to post quarterly earnings of $0.02 per share in its upcoming report, which represents a year-over-year change of +200%. Revenues are expected to be $5.64 million, up 15.3% from the year-ago quarter.
While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For Intellicheck Mobilisa, the consensus EPS estimate for the quarter has been revised 266.7% higher over the last 30 days to the current level. And a positive trend in earnings estimate revision usually translates into price appreciation. So, make sure to keep an eye on IDN going forward to see if this recent jump can turn into more strength down the road.
The stock currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Intellicheck Mobilisa belongs to the Zacks Security and Safety Services industry. Another stock from the same industry, Resideo Technologies (REZI - Free Report) , closed the last trading session 2% lower at $32.63. Over the past month, REZI has returned -13.9%.
For Resideo Technologies, the consensus EPS estimate for the upcoming report has changed +1.9% over the past month to $0.61. This represents a change of -3.2% from what the company reported a year ago. Resideo Technologies currently has a Zacks Rank of #2 (Buy).