Mitek Systems (NASDAQ:MITK) and Storage Computer (OTCMKTS:SOSO) are both computer and technology companies, but which is the better investment? We will contrast the two businesses based on the strength of their risk, profitability, valuation, dividends, earnings, institutional ownership and analyst recommendations.
Institutional & Insider Ownership
64.7% of Mitek Systems shares are held by institutional investors. 3.6% of Mitek Systems shares are held by insiders. Comparatively, 26.7% of Storage Computer shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
This is a summary of current ratings for Mitek Systems and Storage Computer, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Mitek Systems presently has a consensus target price of $15.33, suggesting a potential upside of 0.41%. Given Mitek Systems’ higher possible upside, research analysts plainly believe Mitek Systems is more favorable than Storage Computer.
Risk and Volatility
Mitek Systems has a beta of 0.32, meaning that its stock price is 68% less volatile than the S&P 500. Comparatively, Storage Computer has a beta of 53.33, meaning that its stock price is 5,233% more volatile than the S&P 500.
Earnings & Valuation
This table compares Mitek Systems and Storage Computer’s top-line revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Mitek Systems||$101.31 million||6.46||$7.81 million||$0.50||30.54|
Mitek Systems has higher revenue and earnings than Storage Computer.
This table compares Mitek Systems and Storage Computer’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Mitek Systems beats Storage Computer on 7 of the 9 factors compared between the two stocks.
About Mitek Systems
Mitek Systems, Inc. develops, markets, and sells mobile image capture and digital identity verification solutions in the United States, Europe, Latin America, and internationally. The company's solutions are embedded in native mobile apps and browsers to facilitate online user experiences, fraud detection and reduction, and compliant transactions. It offers Mobile Deposit that enables individuals and businesses to remotely deposit checks using their camera-equipped smartphone or tablet; and Mobile Verify, an identity verification solution that is integrated into mobile apps, mobile websites, and desktop applications. The company also provides Mobile Fill, an application to prefill forms with user data by snapping a picture of the driver license or other similar identity documents; Mobile Docs, a mobile document scanning solution; and MiSnap, an image capture technology. In addition, it offers CheckReader that enables financial institutions to automatically extract data from checks; XE, a recurrent neural network engine; and ID_CLOUD, an automated identity verification solution that is integrated into a customers' application to read and validate identity documents. The company sells its solutions primarily to banks, credit unions, lenders, payments processers, card issuers, fintech companies, and others through direct sales teams and channel partners. Mitek Systems, Inc. was incorporated in 1986 and is based in San Diego, California.
About Storage Computer
Storage Computer Corp. provides storage software solutions focused on developing advanced storage architectures to address the needs of high-bandwidth and other performance impaired applications. It operates through the United States and Europe geographical segments. The company was founded in 1991 and is headquartered in Nashua, NH.
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