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BABA   85.66 (-0.29%)
AMD   97.18 (+1.27%)
T   14.84 (-1.20%)
F   12.29 (-1.13%)
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CGC   0.91 (-1.69%)
GE   110.33 (+0.36%)
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AMC   7.64 (-3.41%)
PFE   32.06 (-1.05%)
PYPL   56.81 (-3.60%)
NFLX   376.85 (-0.63%)
NASDAQ:ITI

Iteris (ITI) Stock Forecast, Price & News

$4.21
+0.05 (+1.20%)
(As of 01:57 PM ET)
Compare
Today's Range
$4.19
▼
$4.33
50-Day Range
$3.86
▼
$4.79
52-Week Range
$2.56
▼
$5.00
Volume
11,214 shs
Average Volume
134,946 shs
Market Capitalization
$179.22 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.33
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media

Iteris MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
48.3% Upside
$6.33 Price Target
Short Interest
Healthy
1.00% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.14mentions of Iteris in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
41.18%
From $0.17 to $0.24 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.70 out of 5 stars

Computer And Technology Sector

203rd out of 584 stocks

Communications Equipment, Not Elsewhere Classified Industry

2nd out of 10 stocks

See Top Rated MarketRank™ Stocks Here

ITI stock logo

About Iteris (NASDAQ:ITI) Stock

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 Price History

ITI Stock News Headlines

September 14, 2023 | uk.finance.yahoo.com
Iteris Awarded 4.5 Year Contract for the City/County Association of Governments of San Mateo County’s Smart Corridor Project
September 14, 2023 | finance.yahoo.com
Is It Time To Consider Buying Iteris, Inc. (NASDAQ:ITI)?
September 27, 2023 | Edge On The Street (Ad)
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September 12, 2023 | stockhouse.com
Iteris Awarded 4.5 Year Contract for the City/County Association of Governments of San Mateo County's Smart Corridor Project
September 7, 2023 | businesswire.com
Iteris to Participate in the Northland Capital Markets Virtual Institutional Investor Conference on September 19, 2023
September 7, 2023 | seekingalpha.com
Iteris: Underappreciated Opportunity With Huge Upside Potential In The Long Term
September 5, 2023 | stockhouse.com
City of Bellevue Selects Iteris' ClearGuide SaaS Solution for Smart Mobility, Safety and Sustainability Program
August 31, 2023 | markets.businessinsider.com
Analysts Offer Insights on Technology Companies: Iteris (ITI) and Pure Storage (PSTG)
September 27, 2023 | Edge On The Street (Ad)
Is Gold Really Boring?
Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks.
August 22, 2023 | msn.com
Iteris secures $1.3M contract for traffic systems solutions in California
August 22, 2023 | finance.yahoo.com
Iteris Awarded $1.3 Million Contract by the City of La Habra for a Regional Smart Mobility Initiative
August 11, 2023 | msn.com
B. Riley Securities Maintains Iteris (ITI) Buy Recommendation
August 10, 2023 | markets.businessinsider.com
Northland Securities Reaffirms Their Buy Rating on Iteris (ITI)
August 8, 2023 | finance.yahoo.com
Iteris (ITI) Surpasses Q1 Earnings and Revenue Estimates
August 8, 2023 | finance.yahoo.com
Iteris Reports Record First Quarter Revenue of $43.5 Million, Up 29% Year Over Year, and GAAP Net Income of $2.1 Million, a $7.0 Million Improvement Year Over Year
August 1, 2023 | finance.yahoo.com
Iteris Expands Midwest Presence with Two Contracts for Regional Smart Mobility Initiatives
July 27, 2023 | finance.yahoo.com
Iteris Chosen to Support Intelligent Transportation Systems Project in Mérida, Mexico
July 20, 2023 | seekingalpha.com
Iteris secures $1M contract for Seminole County
July 20, 2023 | tmcnet.com
Iteris Awarded Contract for Seminole County Traffic Signal Retiming Program
July 18, 2023 | finance.yahoo.com
Iteris Appoints Gary Hall and Kimberly Valentine-Poska to its Board of Directors
July 11, 2023 | finance.yahoo.com
Iteris Awarded $1.3 Million SaaS Contract by Los Angeles County Metropolitan Transportation Authority for Continued Use of ClearGuide
June 26, 2023 | finance.yahoo.com
Iteris to Join the Russell 2000® Index
June 24, 2023 | finance.yahoo.com
Iteris, Inc. (NASDAQ:ITI) Q4 2023 Earnings Call Transcript
June 15, 2023 | finance.yahoo.com
Iteris Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags
June 14, 2023 | markets.businessinsider.com
Analysts Offer Insights on Technology Companies: Iteris (ITI), Advanced Micro Devices (AMD) and Model N (MODN)
June 13, 2023 | finance.yahoo.com
Iteris Reports Record Fiscal 2023 Fourth Quarter Revenue Up 24% Year Over Year and Record Full Year Revenue Up 17% Year Over Year
June 12, 2023 | msn.com
Iteris FQ4 2023 Earnings Preview
See More Headlines
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ITI Company Calendar

Last Earnings
8/08/2023
Today
9/27/2023
Next Earnings (Estimated)
11/14/2023
Fiscal Year End
3/31/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Communications equipment, not elsewhere classified
Sub-Industry
N/A
Sector
Computer and Technology
Current Symbol
NASDAQ:ITI
Previous Symbol
NYSE:ITI
CUSIP
N/A
CIK
350868
Web
www.iteris.com
Phone
(512) 716-0808
Fax
949-270-9401
Employees
450
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$6.33
High Stock Price Forecast
$7.00
Low Stock Price Forecast
$6.00
Forecasted Upside/Downside
+50.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($0.18)
Trailing P/E Ratio
N/A
Forward P/E Ratio
24.76
P/E Growth
N/A
Net Income
$-14,850,000.00
Net Margins
-4.74%
Pretax Margin
-4.51%
Return on Equity
-12.19%
Return on Assets
-6.91%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
1.67
Quick Ratio
1.40

Sales & Book Value

Annual Sales
$156.05 million
Price / Sales
1.15
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$1.47 per share
Price / Book
2.86

Miscellaneous

Outstanding Shares
42,570,000
Free Float
39,419,000
Market Cap
$179.22 million
Optionable
Optionable
Beta
0.82
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Key Executives

  • Mr. J. Joseph Bergera Ph.D.Mr. J. Joseph Bergera Ph.D. (Age 60)
    Pres, CEO & Director
    Comp: $675.59k
  • Mr. Kerry A. Shiba (Age 68)
    Sr. VP, CFO, Treasurer & Sec.
    Comp: $2.68M
  • Mr. Todd KreterMr. Todd Kreter (Age 63)
    Sr. VP & CTO
    Comp: $415.56k
  • Mr. William M. Cousins (Age 52)
    Sr. VP & Chief Product Officer
    Comp: $417.53k
  • Mr. Pierre-Andre Rebeyrat
    Sr. VP of Marketing & Strategic Bus. Devel.
  • Mr. Mark Nogaki
    Sr. VP of Sales
  • Mr. Jeff McDermott
    Sr. VP & Chief HR Officer
  • Mr. Andrew C. Schmidt (Age 62)
    Sr. Advisor

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions













ITI Stock - 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 forecast for 2023?

2 brokers have issued 12 month price objectives for Iteris' shares. Their ITI share price forecasts range from $6.00 to $7.00. On average, they anticipate the company's stock price to reach $6.33 in the next year. This suggests a possible upside of 50.4% 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 2023?

Iteris' stock was trading at $3.11 on January 1st, 2023. Since then, ITI stock has increased by 35.4% and is now trading at $4.21.
View the best growth stocks for 2023 here.

Are investors shorting Iteris?

Iteris saw a decrease in short interest in the month of September. As of September 15th, there was short interest totaling 425,300 shares, a decrease of 6.5% from the August 31st total of 454,800 shares. Based on an average daily trading volume, of 122,200 shares, the days-to-cover ratio is presently 3.5 days.
View Iteris' Short Interest.

When is Iteris' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our ITI earnings forecast.

How were Iteris' earnings last quarter?

Iteris, Inc. (NASDAQ:ITI) issued its quarterly earnings data on Tuesday, August, 8th. The technology company reported $0.05 earnings per share for the quarter, beating the consensus estimate of ($0.02) by $0.07. The technology company earned $43.55 million during the quarter, compared to analysts' expectations of $37.76 million. Iteris had a negative trailing twelve-month return on equity of 12.19% and a negative net margin of 4.74%.

What guidance has Iteris issued on next quarter's earnings?

Iteris issued an update on its second quarter 2024 earnings guidance on Tuesday, August, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $41.00 million-$42.00 million, compared to the consensus revenue estimate of $42.80 million.

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).

What is Iteris' stock symbol?

Iteris trades on the NASDAQ under the ticker symbol "ITI."

Who are Iteris' major shareholders?

Iteris' stock is owned by many different institutional and retail investors. Top institutional shareholders include Samjo Capital LLC (7.74%), Cowen Prime Advisors LLC (7.65%), BlackRock Inc. (5.53%), Dimensional Fund Advisors LP (2.73%), Geode Capital Management LLC (1.93%) and State Street Corp (1.40%). Insiders that own company stock include Douglas L Groves, Gerard Mooney, J Joseph Bergera, Ramin M Massoumi, Santiago Subotovsky, Todd Kreter and Tom Thomas.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Iteris' stock price today?

One share of ITI stock can currently be purchased for approximately $4.21.

How much money does Iteris make?

Iteris (NASDAQ:ITI) has a market capitalization of $179.22 million and generates $156.05 million in revenue each year. The technology company earns $-14,850,000.00 in net income (profit) each year or ($0.18) on an earnings per share basis.

How many employees does Iteris have?

The company employs 450 workers across the globe.

How can I contact Iteris?

Iteris' mailing address is 1700 CARNEGIE AVENUE, SANTA ANA CA, 92705. The official website for the company is www.iteris.com. The technology company can be reached via phone at (512) 716-0808, via email at iti@mkr-group.com, or via fax at 949-270-9401.

This page (NASDAQ:ITI) was last updated on 9/27/2023 by MarketBeat.com Staff

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