NASDAQ:ITI Iteris - ITI Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Iteris, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $4.56 +0.06 (+1.33%) (As of 03/21/2023 09:39 AM ET) Add Compare Share Share Today's Range$4.49▼$4.5650-Day Range$3.31▼$4.8452-Week Range$2.40▼$4.85Volume958 shsAverage Volume105,028 shsMarket Capitalization$195.03 millionP/E RatioN/ADividend YieldN/APrice Target$4.50 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Iteris MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/DownsideN/AShort InterestHealthy0.47% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.43Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.29) to $0.18 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.40 out of 5 starsComputer And Technology Sector574th out of 604 stocksCommunications Equipment, Not Elsewhere Classified Industry11th out of 12 stocks 1.5 Analyst's Opinion Consensus RatingIteris has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageIteris has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.47% of the outstanding shares of Iteris have been sold short.Short Interest Ratio / Days to CoverIteris has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Iteris has recently increased by 8.50%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldIteris does not currently pay a dividend.Dividend GrowthIteris does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ITI. Previous Next 3.0 News and Social Media Coverage News SentimentIteris has a news sentiment score of 0.43. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Iteris this week, compared to 2 articles on an average week.Search Interest14 people have searched for ITI on MarketBeat in the last 30 days. This is an increase of 1,300% compared to the previous 30 days.MarketBeat Follows2 people have added Iteris to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Iteris insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 7.20% of the stock of Iteris is held by insiders.Percentage Held by Institutions43.19% of the stock of Iteris is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Iteris are expected to grow in the coming year, from ($0.29) to $0.18 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Iteris is -11.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Iteris is -11.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioIteris has a P/B Ratio of 2.49. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Iteris (NASDAQ:ITI) StockIteris, Inc. engages in the provision of smart mobility infrastructure management solutions. The firms solutions enable public transportation agencies, municipalities, commercial entities and other transportation infrastructure providers to monitor, visualize, and optimize mobility infrastructure to help ensure roads are safe, travel is efficient, and communities thrive. It operates through the following segments: Roadway Sensors, and Transportation Systems. The Roadway Sensors segment provides advanced detection sensors and systems for traffic intersection management that collectively comprise family of Vantage sensors. The Transportation Systems segment provides engineering and specialized consulting services, cloud-enabled managed services, performance measurement and traffic analytics solutions. The company was founded by Joel Slutzky in 1969 and is headquartered in Santa Ana, CA.Read More Receive ITI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Iteris and its competitors with MarketBeat's FREE daily newsletter. Email Address ITI Stock News HeadlinesMarch 18, 2023 | americanbankingnews.comIteris (NASDAQ:ITI) Now Covered by StockNews.comMarch 15, 2023 | finance.yahoo.comHERE Technologies and Iteris Partner to Create New Smart Mobility SolutionsMarch 21, 2023 | PressReach (Ad)This Stock Has Room To RunAnalysts believe this stock's product demand could rise quickly in the next few years.March 8, 2023 | finance.yahoo.comIteris (NASDAQ:ITI) shareholders have earned a 50% return over the last yearFebruary 20, 2023 | finance.yahoo.comIs Iteris (NASDAQ:ITI) In A Good Position To Invest In Growth?February 3, 2023 | finance.yahoo.comIteris, Inc. (NASDAQ:ITI) Q3 2023 Earnings Call TranscriptJanuary 19, 2023 | finance.yahoo.comOtonomo Selected by Iteris to Support Traffic Intelligence Solutions for Public Sector and Commercial Enterprise MarketsOctober 19, 2022 | finance.yahoo.com$5.7 Billion Worldwide Lane Departure Warning System Industry to 2027 - Featuring Autoliv, Continental, Delphi Technologies and Denso Among Others - Yahoo FinanceMarch 21, 2023 | PressReach (Ad)Stocks Positioned For The YearThis breakthrough stock has bright future this decade.October 18, 2022 | businesswire.comIteris to Implement Cloud-Enabled Congestion and Asset Management Services for City of Anaheim for Regional Smart Mobility, Safety and Sustainability Initiative - Business WireOctober 18, 2022 | finance.yahoo.comIteris to Implement Cloud-Enabled Congestion and Asset Management Services for City of Anaheim for Regional Smart Mobility, Safety and Sustainability InitiativeOctober 11, 2022 | businesswire.comIteris Awarded $1 Million Extension for Continued Support of Florida Department of Transportation Initiative for Regional Smart Mobility, Safety and Sustainability - Business WireOctober 11, 2022 | finance.yahoo.comIteris Awarded $1 Million Extension for Continued Support of Florida Department of Transportation Initiative for Regional Smart Mobility, Safety and SustainabilityOctober 8, 2022 | reuters.comITI.PH - Iteris Inc | Stock Price & Latest News | ReutersOctober 4, 2022 | businesswire.comIteris Awarded $2.95 Million in New Task Order Funding by Federal Highway Administration to Support Nation's Architecture Reference for Cooperative and Intelligent Transportation - Business WireOctober 4, 2022 | finance.yahoo.comIteris, Inc. (ITI)September 26, 2022 | bizjournals.comSoftware development firm Briteris relocates U.S. headquarters to Atlanta - The Business JournalsSeptember 21, 2022 | finance.yahoo.comSmart Transportation Global Market Report 2022 - Yahoo FinanceSeptember 21, 2022 | globenewswire.comSmart Transportation Global Market Report 2022 - GlobeNewswireSeptember 16, 2022 | streetinsider.comEDJX Drives Toward Vision Zero at ITS World Congress 2022 - StreetInsider.comSeptember 11, 2022 | reuters.comITI.A - Iteris Inc | Stock Price & Latest News | ReutersAugust 25, 2022 | businesswire.comIteris Awarded General Services Administration's Multiple Award Schedule Contract - Business WireAugust 25, 2022 | finance.yahoo.comGlobal Intelligent Transportation Systems (ITS) Market Report 2022-2026 - Developing Markets to Turbo Charge Future Growth in the ITS Market - Yahoo FinanceAugust 18, 2022 | businesswire.comIteris Selected by Virginia Department of Transportation for Connected and Automated Vehicle Initiative - Business WireAugust 18, 2022 | finance.yahoo.comIteris Selected by Virginia Department of Transportation for Connected and Automated Vehicle InitiativeAugust 11, 2022 | globenewswire.comSmart Agriculture Technology Market and Smart Farming Technology Market Size-Share (2022-2028): Industry Demands, Future Prospects, Latest Innovations, Market Strategy, Key Trends & Drivers, Challenges and Opportunities Till 2028 - GlobeNewswireAugust 11, 2022 | businesswire.comNew York State Department of Motor Vehicles Awards a Contract for Iteris' Commercial Vehicle Operations SaaS Solution to Improve Safety and Mobility Statewide - Business WireSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ITI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Iteris and its competitors with MarketBeat's FREE daily newsletter. Email Address ITI Company Calendar Last Earnings2/02/2023Today3/21/2023Fiscal Year End3/31/2023Next Earnings (Estimated)6/07/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Communications equipment, not elsewhere classified Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:ITI Previous SymbolNYSE:ITI CUSIPN/A CIK350868 Webwww.iteris.com Phone(512) 716-0808Fax949-270-9401Employees415Year FoundedN/APrice Target and Rating Average Stock Price Forecast$4.50 High Stock Price Forecast$6.00 Low Stock Price Forecast$3.00 Forecasted Upside/Downside0.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.40) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-7,080,000.00 Net Margins-11.79% Pretax Margin-11.64% Return on Equity-24.92% Return on Assets-14.64% Debt Debt-to-Equity RatioN/A Current Ratio1.68 Quick Ratio1.34 Sales & Book Value Annual Sales$133.57 million Price / Sales1.44 Cash FlowN/A Price / Cash FlowN/A Book Value$1.81 per share Price / Book2.49Miscellaneous Outstanding Shares42,770,000Free Float39,694,000Market Cap$192.47 million OptionableOptionable Beta0.92 Key ExecutivesJoe BergeraPresident, Chief Executive Officer & DirectorKerry A. ShibaChief Financial Officer & Senior Vice PresidentTodd KreterChief Technology Officer & Senior Vice PresidentJeff McDermottChief Human Resources Officer & Senior VPWilliam CousinsChief Product Officer & Senior Vice PresidentKey CompetitorsTurtle BeachNASDAQ:HEARRekor SystemsNASDAQ:REKRInseegoNASDAQ:INSGBrightcoveNASDAQ:BCOVSpokNASDAQ:SPOKView All CompetitorsInstitutional OwnershipMillennium Management LLCSold 50,986 shares on 2/15/2023Ownership: 0.660%Ancora Advisors LLCSold 30,829 shares on 2/15/2023Ownership: 0.250%Morgan StanleySold 48,079 shares on 2/15/2023Ownership: 0.029%Two Sigma Investments LPSold 26,099 shares on 2/14/2023Ownership: 0.054%Geode Capital Management LLCBought 4,447 shares on 2/13/2023Ownership: 0.888%View All Institutional Transactions ITI Stock - Frequently Asked Questions Should I buy or sell Iteris stock right now? 2 Wall Street 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 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 brokerages have issued 1 year price objectives for Iteris' stock. Their ITI share price forecasts range from $3.00 to $6.00. On average, they expect the company's share price to reach $4.50 in the next twelve months. 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 44.7% and is now trading at $4.50. View the best growth stocks for 2023 here. Are investors shorting Iteris? Iteris saw a increase in short interest in February. As of February 28th, there was short interest totaling 199,200 shares, an increase of 8.5% from the February 13th total of 183,600 shares. Based on an average daily volume of 93,400 shares, the short-interest ratio is currently 2.1 days. View Iteris' Short Interest. When is Iteris' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 7th 2023. View our ITI earnings forecast. How were Iteris' earnings last quarter? Iteris, Inc. (NASDAQ:ITI) issued its quarterly earnings data on Thursday, February, 2nd. The technology company reported ($0.05) earnings per share for the quarter, beating analysts' consensus estimates of ($0.06) by $0.01. The technology company earned $40.69 million during the quarter, compared to analyst estimates of $37.83 million. Iteris had a negative trailing twelve-month return on equity of 24.92% and a negative net margin of 11.79%. What guidance has Iteris issued on next quarter's earnings? Iteris updated its fourth quarter 2023 earnings guidance on Thursday, February, 2nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $39.40 million-$41.40 million, compared to the consensus revenue estimate of $41.40 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 retail and institutional investors. Top institutional investors include Cowen Prime Advisors LLC (8.15%), Samjo Capital LLC (7.69%), Private Management Group Inc. (4.67%), Dimensional Fund Advisors LP (2.41%), First Eagle Investment Management LLC (1.20%) and Acuitas Investments LLC (0.91%). 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 $4.50. How much money does Iteris make? Iteris (NASDAQ:ITI) has a market capitalization of $192.47 million and generates $133.57 million in revenue each year. The technology company earns $-7,080,000.00 in net income (profit) each year or ($0.40) on an earnings per share basis. How many employees does Iteris have? The company employs 415 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 3/21/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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