NASDAQ:ITI

Iteris (ITI) Stock Price, News & Analysis

$4.70
+0.05 (+1.08%)
(As of 05/9/2024 ET)
Today's Range
$4.62
$4.72
50-Day Range
$4.35
$5.17
52-Week Range
$3.72
$5.49
Volume
52,310 shs
Average Volume
120,062 shs
Market Capitalization
$201.67 million
P/E Ratio
78.33
Dividend Yield
N/A
Price Target
$9.75

Iteris MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
107.4% Upside
$9.75 Price Target
Short Interest
Healthy
0.46% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$137,027 Sold Last Quarter
Proj. Earnings Growth
120.00%
From $0.10 to $0.22 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.83 out of 5 stars

Computer And Technology Sector

190th out of 593 stocks

Communications Equipment, Not Elsewhere Classified Industry

4th out of 13 stocks

ITI stock logo

About Iteris Stock (NASDAQ:ITI)

Iteris, Inc. provides intelligent transportation systems technology solutions in North America, Europe, South America, and Asia. The company offers smart mobility infrastructure solutions include traveler information systems, transportation performance measurement software, traffic analytics software, transportation operations software, transportation-related data sets, advanced sensing devices, managed services, traffic engineering services, and mobility consulting services. Its products include ClearGuide, ClearRoute, Commercial Vehicle Operations, BlueArgus, TrafficCarma, Vantage Apex, Vantage Fusion, Vantage Next, VantagePegasus, VantageRadius, Vantage Vector, Velocity, SmartCycle, SmartCycle Bike Indicator, SmartSpan, VersiCam, PedTrax, and P-Series products. The company sells original equipment manufacturer products for the traffic intersection markets, such as traffic signal controllers and traffic signal equipment cabinets. In addition, it offers traffic management centers design, staffing, and operations services; traffic engineering and mobility consulting services include planning, design, development, and implementation of software and hardware-based ITS systems that integrate sensors, video surveillance, computers, and advanced communications equipment; distributes real-time information about traffic conditions; and surface transportation infrastructure systems implementation, and operation and management. Further, the company provides travel demand forecasting and systems engineering, and identify mitigation measures to reduce traffic congestion; ClearMobility platform; and ClearMobility Cloud that enables mobility data management engine, application programming interface framework, and microservices ecosystem. It serves public transportation agencies, municipalities, commercial entities, government agencies, and other transportation infrastructure providers. Iteris, Inc. was founded in 1969 and is headquartered in Austin, Texas.

ITI Stock Price History

ITI Stock News Headlines

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Deep Dive Into Iteris Stock: Analyst Perspectives (5 Ratings)
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Company Calendar

Last Earnings
6/13/2023
Today
5/09/2024
Next Earnings (Estimated)
6/11/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Communications equipment, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:ITI
Employees
450
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.75
High Stock Price Target
$11.00
Low Stock Price Target
$8.50
Potential Upside/Downside
+107.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-14,850,000.00
Pretax Margin
1.60%

Debt

Sales & Book Value

Annual Sales
$171.68 million
Book Value
$1.47 per share

Miscellaneous

Free Float
39,733,000
Market Cap
$201.67 million
Optionable
Optionable
Beta
0.69
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ITI Stock Analysis - Frequently Asked Questions

Should I buy or sell Iteris stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Iteris in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ITI shares.
View ITI analyst ratings
or view top-rated stocks.

What is Iteris' stock price target for 2024?

2 Wall Street research analysts have issued 1-year price targets for Iteris' stock. Their ITI share price targets range from $8.50 to $11.00. On average, they anticipate the company's stock price to reach $9.75 in the next year. This suggests a possible upside of 107.4% from the stock's current price.
View analysts price targets for ITI
or view top-rated stocks among Wall Street analysts.

How have ITI shares performed in 2024?

Iteris' stock was trading at $5.20 at the start of the year. Since then, ITI shares have decreased by 9.6% and is now trading at $4.70.
View the best growth stocks for 2024 here
.

Are investors shorting Iteris?

Iteris saw a decline in short interest during the month of April. As of April 15th, there was short interest totaling 197,100 shares, a decline of 5.9% from the March 31st total of 209,400 shares. Based on an average trading volume of 125,600 shares, the short-interest ratio is currently 1.6 days.
View Iteris' Short Interest
.

When is Iteris' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 11th 2024.
View our ITI earnings forecast
.

How were Iteris' earnings last quarter?

Iteris, Inc. (NASDAQ:ITI) posted its earnings results on Tuesday, June, 13th. The technology company reported ($0.01) earnings per share for the quarter, missing analysts' consensus estimates of $0.05 by $0.06. The technology company earned $42.44 million during the quarter, compared to analyst estimates of $40.40 million. Iteris had a net margin of 1.45% and a trailing twelve-month return on equity of 3.76%. During the same quarter in the previous year, the business posted ($0.07) EPS.

What is Joe Bergera's approval rating as Iteris' CEO?

9 employees have rated Iteris Chief Executive Officer Joe Bergera on Glassdoor.com. Joe Bergera has an approval rating of 100% among the company's employees. This puts Joe Bergera in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Iteris own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Iteris investors own include Energy Transfer (ET), Ford Motor (F), Advanced Micro Devices (AMD), Inseego (INSG), Nokia Oyj (NOK), Novavax (NVAX), OPKO Health (OPK), Strongbridge Biopharma (SBBP), CBL & Associates Properties (CBL) and Enphase Energy (ENPH).

Who are Iteris' major shareholders?

Iteris' stock is owned by a variety of institutional and retail investors. Top institutional investors include Private Management Group Inc. (3.35%), First Eagle Investment Management LLC (1.16%), Bouvel Investment Partners LLC (0.70%) and Whittier Trust Co. (0.09%). Insiders that own company stock include Douglas L Groves, Gerard Mooney, J Joseph Bergera, Samjo Management, Llc, Santiago Subotovsky, Todd Kreter, Tom Thomas and William M Cousins.
View institutional ownership trends
.

How do I buy shares of Iteris?

Shares of ITI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ITI) was last updated on 5/9/2024 by MarketBeat.com Staff

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