Should I buy or sell Iteris stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Iteris in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street 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?

1 brokers have issued 12 month price targets for Iteris' stock. Their ITI share price targets range from $7.00 to $8.50. On average, they predict the company's stock price to reach $7.75 in the next year. This suggests a possible upside of 66.0% 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 beginning of the year. Since then, ITI shares have decreased by 10.2% and is now trading at $4.67. View the best growth stocks for 2024 here .

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) issued its quarterly earnings data on Thursday, February, 8th. The technology company reported $0.01 EPS for the quarter, meeting analysts' consensus estimates of $0.01. The technology company earned $42.13 million during the quarter, compared to analysts' expectations of $41.39 million. Iteris had a trailing twelve-month return on equity of 3.76% and a net margin of 1.45%.

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

Iteris issued an update on its FY 2024 earnings guidance on Thursday, February, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $171.0 million-$173.0 million, compared to the consensus revenue estimate of $173.0 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) .

Who are Iteris' major shareholders?

Iteris' stock is owned by a variety of retail and institutional investors. Top institutional investors include Bouvel Investment Partners LLC (0.70%). Insiders that own company stock include Douglas L Groves , Gerard Mooney, J Joseph Bergera , Samjo Management, Llc, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Positive News SentimentPositive News

NASDAQ:ITI

Iteris (ITI) Stock Price, News & Analysis

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Free ITI Stock Alerts

$4.64

+0.03 (+0.65%)

(As of 04/16/2024 ET)

Compare

Today's Range: $4.56
▼
$4.79
50-Day Range: $4.61
▼
$5.34
52-Week Range: $3.72
▼
$5.49

Volume: 142,612 shs
Average Volume: 127,314 shs
Market Capitalization: $199.10 million

P/E Ratio: 77.33
Dividend Yield: N/A
Price Target: $7.75

Get Iteris alerts:

Iteris MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 66.0% Upside
$7.75 Price Target
Short Interest: Healthy
0.49% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.87
Based on 2 Articles This Week
Insider Trading: Selling Shares
$662,009 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.

4.06 out of 5 stars

Computer And Technology Sector

159th out of 589 stocks

Communications Equipment, Not Elsewhere Classified Industry

2nd out of 13 stocks

3.5

Analyst's Opinion

Consensus Rating
Iteris has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Iteris has only been the subject of 1 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
0.49% of the outstanding shares of Iteris have been sold short.
Short Interest Ratio / Days to Cover
Iteris has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Iteris has recently decreased by 2.88%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Iteris does not currently pay a dividend.
Dividend Growth
Iteris does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ITI.

3.3

News and Social Media Coverage

News Sentiment
Iteris has a news sentiment score of 1.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Iteris this week, compared to 2 articles on an average week.
Search Interest
2 people have searched for ITI on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Iteris insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $662,009.00 in company stock.
Percentage Held by Insiders
Only 7.40% of the stock of Iteris is held by insiders.
Percentage Held by Institutions
51.16% of the stock of Iteris is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Iteris are expected to grow by 120.00% in the coming year, from $0.10 to $0.22 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Iteris is 77.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.49.
Price to Earnings Ratio vs. Sector
The P/E ratio of Iteris is 77.83, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 237.75.
Price to Book Value per Share Ratio
Iteris has a P/B Ratio of 3.18. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

ITI Stock News Headlines

April 16, 2024 | businesswire.com

Iteris Chosen by Port of Long Beach to Complete a Multimodal Transportation Study

April 3, 2024 | finance.yahoo.com

Investors in Iteris (NASDAQ:ITI) have unfortunately lost 24% over the last three years

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

March 29, 2024 | uk.investing.com

Iteris wins $9.6 million contract for traffic project

March 29, 2024 | msn.com

Compare with Iteris Inc (ITI)

March 27, 2024 | msn.com

Iteris awarded $9.6M contract by Orange County Transportation Authority

March 27, 2024 | businesswire.com

Iteris Awarded $9.6 Million Contract by the Orange County Transportation Authority for Countywide Smart Mobility Initiative

March 26, 2024 | tmcnet.com

Iteris Launches New ClearGuide Signal Trends as a Probe-based Option for Improving Intersection Performance

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

March 24, 2024 | investorplace.com

7 Unknown Penny Growth Stocks That Are About to Pop 1,000%

March 21, 2024 | businesswire.com

Iteris to Enhance 511 Road Management System for State of South Dakota

March 20, 2024 | markets.businessinsider.com

4 Analysts Have This To Say About Iteris

March 19, 2024 | finance.yahoo.com

Iteris Awarded $3 Million Contract by Texas DOT for Smart Mobility, Intelligent Transportation and Traffic Engineering Services

March 19, 2024 | msn.com

Iteris gets $3M contract from the Texas Department of Transportation

March 14, 2024 | finance.yahoo.com

Iteris, Inc. (NASDAQ:ITI) Shares Could Be 44% Below Their Intrinsic Value Estimate

March 12, 2024 | msn.com

Iteris secures $1M contract by Ventura County Transportation Commission

March 12, 2024 | businesswire.com

Iteris Awarded Over $1 Million SaaS Contract by Ventura County Transportation Commission

March 5, 2024 | finance.yahoo.com

Iteris Chosen by Virginia Department of Transportation to Create Traffic Operations Strategic Plan

March 5, 2024 | finance.yahoo.com

Iteris Inc (ITI) President and CEO J. Bergera Sells 36,900 Shares

February 27, 2024 | businesswire.com

Iteris Awarded Contracts Totaling Over $2 Million from the Federal Highway Administration

February 26, 2024 | finance.yahoo.com

Iteris, Inc.'s (NASDAQ:ITI) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

February 18, 2024 | seekingalpha.com

Iteris: An Undervalued Company That Can Be Rewarding (Rating Upgrade)

February 13, 2024 | finance.yahoo.com

Iteris Chosen to Support Intelligent Transportation Systems Project in Los Angeles County

February 12, 2024 | realmoney.thestreet.com

Iteris price target raised by $1 at EF Hutton, here's why

February 9, 2024 | finance.yahoo.com

Iteris, Inc. (NASDAQ:ITI) Q3 2024 Earnings Call Transcript

February 8, 2024 | finance.yahoo.com

Iteris Inc (ITI) Reports Significant Year-Over-Year Earnings Growth and Record Nine-Month Revenue

February 8, 2024 | msn.com

Iteris Q3 2024 Earnings Preview

See More Headlines

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Company Calendar

Last Earnings: 2/08/2024
Today: 4/16/2024
Next Earnings (Estimated): 6/11/2024
Fiscal Year End: 3/31/2025

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Communications equipment, not elsewhere classified
Sub-Industry: N/A
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 Target: $7.75
High Stock Price Target: $8.50
Low Stock Price Target: $7.00
Potential Upside/Downside: +68.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.06
Trailing P/E Ratio: 76.83
Forward P/E Ratio: 46.10
P/E Growth: N/A
Net Income: $-14,850,000.00
Net Margins: 1.45%
Pretax Margin: 1.60%
Return on Equity: 3.76%
Return on Assets: 2.14%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.79
Quick Ratio: 1.50

Sales & Book Value

Annual Sales: $156.05 million
Price / Sales: 1.27
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.47 per share
Price / Book: 3.14

Miscellaneous

Outstanding Shares: 42,910,000
Free Float: 39,733,000
Market Cap: $197.82 million
Optionable: Optionable
Beta: 0.67

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Key Executives

Mr. J. Joseph Bergera Ph.D. (Age 61)
President, CEO & Director
Comp: $675.59k
Mr. Kerry A. Shiba (Age 69)
Senior VP, CFO, Treasurer & Secretary
Comp: $2.68M
Mr. Todd Kreter (Age 64)
Senior VP & CTO
Comp: $415.56k
Mr. William M. Cousins (Age 53)
Senior VP & Chief Product Officer
Comp: $417.53k
Mr. Pierre-Andre Rebeyrat
Senior Vice President of Marketing & Strategic Business Development
Mr. Mark Nogaki
Senior Vice President of Sales
Mr. Jeff McDermott
Senior VP & Chief Human Resources Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ITI Stock Analysis - Frequently Asked Questions

Should I buy or sell Iteris stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Iteris in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street 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?: 1 brokers have issued 12 month price targets for Iteris' stock. Their ITI share price targets range from $7.00 to $8.50. On average, they predict the company's stock price to reach $7.75 in the next year. This suggests a possible upside of 66.0% 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 beginning of the year. Since then, ITI shares have decreased by 10.2% and is now trading at $4.67.
View the best growth stocks for 2024 here.
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) issued its quarterly earnings data on Thursday, February, 8th. The technology company reported $0.01 EPS for the quarter, meeting analysts' consensus estimates of $0.01. The technology company earned $42.13 million during the quarter, compared to analysts' expectations of $41.39 million. Iteris had a trailing twelve-month return on equity of 3.76% and a net margin of 1.45%.
What guidance has Iteris issued on next quarter's earnings?: Iteris issued an update on its FY 2024 earnings guidance on Thursday, February, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $171.0 million-$173.0 million, compared to the consensus revenue estimate of $173.0 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).
Who are Iteris' major shareholders?: Iteris' stock is owned by a variety of retail and institutional investors. Top institutional investors include Bouvel Investment Partners LLC (0.70%). Insiders that own company stock include Douglas L Groves, Gerard Mooney, J Joseph Bergera, Samjo Management, Llc, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ITI) was last updated on 4/16/2024 by MarketBeat.com Staff

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Iteris (ITI) Stock Price, News & Analysis

Iteris MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Iteris Stock (NASDAQ:ITI)

ITI Stock Price History

ITI Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

ITI Stock Analysis - Frequently Asked Questions

Overall MarketRank^™