NASDAQ:ITI Iteris (ITI) Stock Forecast, Price & News $4.92 +0.22 (+4.68%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$4.72▼$4.9450-Day Range$4.04▼$4.9152-Week Range$2.56▼$4.96Volume81,818 shsAverage Volume95,807 shsMarket Capitalization$210.43 millionP/E RatioN/ADividend YieldN/APrice Target$5.83 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Iteris MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside18.6% Upside$5.83 Price TargetShort InterestHealthy0.20% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.60Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.28) to $0.19 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.1.77 out of 5 starsComputer And Technology Sector465th out of 596 stocksCommunications Equipment, Not Elsewhere Classified Industry7th out of 12 stocks 2.5 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.83, Iteris has a forecasted upside of 18.6% from its current price of $4.92.Amount of Analyst CoverageIteris has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.20% 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 1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Iteris has recently decreased by 5.73%, indicating that investor sentiment is improving 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 1.3 News and Social Media Coverage News SentimentIteris has a news sentiment score of -0.60. 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 lower news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Iteris this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for ITI on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows1 people have added Iteris to their MarketBeat watchlist in the last 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 ($0.28) to $0.19 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Iteris is -12.30, 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 -12.30, 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 2.72. 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 HeadlinesMay 31, 2023 | finance.yahoo.comIteris Announces Date Change for 2023 Fiscal Fourth Quarter and Full Year Conference CallMay 31, 2023 | msn.comIteris Q4 2023 Earnings PreviewJune 7, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 31, 2023 | msn.comIteris's Earnings OutlookMay 30, 2023 | americanbankingnews.comIteris (ITI) Scheduled to Post Earnings on ThursdayMay 25, 2023 | americanbankingnews.comIteris (NASDAQ:ITI) Downgraded to "Hold" at StockNews.comMay 13, 2023 | americanbankingnews.comIteris (NASDAQ:ITI) Upgraded to "Buy" at StockNews.comMay 11, 2023 | finance.yahoo.comIteris to Attend B. Riley Securities 23rd Annual Institutional Investor Conference on May 24, 2023June 7, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 3, 2023 | finance.yahoo.comIs Iteris (ITI) a Recession-Proof Company?April 28, 2023 | finance.yahoo.comWhile institutions own 37% of Iteris, Inc. (NASDAQ:ITI), retail investors are its largest shareholders with 53% ownershipApril 28, 2023 | americanbankingnews.comIteris (NASDAQ:ITI) Given New $7.00 Price Target at Northland SecuritiesApril 21, 2023 | barrons.comIteris Awarded Five-Year Transportation Training Contract with National Highway InstituteApril 18, 2023 | finance.yahoo.comIteris Selected by Ohio Department of Transportation for Traffic Signal Timing ServicesApril 12, 2023 | finance.yahoo.comIteris Awarded $1.3 Million Data-as-a-Service Contract from Utah Department of TransportationApril 12, 2023 | msn.comIteris to give Utah ClearData solution under a $1.3M contractApril 10, 2023 | finance.yahoo.comAn Intrinsic Calculation For Iteris, Inc. (NASDAQ:ITI) Suggests It's 35% UndervaluedApril 2, 2023 | americanbankingnews.comIteris (NASDAQ:ITI) Lowered to "Hold" at StockNews.comMarch 27, 2023 | americanbankingnews.comIteris (NASDAQ:ITI) Upgraded by StockNews.com to BuyMarch 25, 2023 | finance.yahoo.comShould You Think About Buying Iteris, Inc. (NASDAQ:ITI) Now?March 15, 2023 | finance.yahoo.comHERE Technologies and Iteris Partner to Create New Smart Mobility SolutionsMarch 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 FinanceOctober 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 WireSee More Headlines ITI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ITI Company Calendar Last Earnings11/03/2021Today6/07/2023Next Earnings (Estimated)6/13/2023Fiscal Year End3/31/2024Get 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$5.83 High Stock Price Forecast$7.00 Low Stock Price Forecast$4.50 Forecasted Upside/Downside+21.5%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 / Sales1.54 Cash FlowN/A Price / Cash FlowN/A Book Value$1.81 per share Price / Book2.65Miscellaneous Outstanding Shares42,770,000Free Float39,694,000Market Cap$205.30 million OptionableOptionable Beta0.90 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:INSGRumbleONNASDAQ:RMBLAmerican SuperconductorNASDAQ:AMSCView All CompetitorsInstitutional OwnershipRoyce & Associates LPSold 41,000 shares on 5/23/2023Ownership: 1.879%Geode Capital Management LLCBought 11,332 shares on 5/16/2023Ownership: 0.914%Ancora Advisors LLCBought 31,074 shares on 5/16/2023Ownership: 0.323%RBF Capital LLCSold 28,400 shares on 5/16/2023Ownership: 0.283%Balyasny Asset Management L.P.Bought 16,942 shares on 5/16/2023Ownership: 0.040%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 twelve months. 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 analysts have issued twelve-month target prices for Iteris' stock. Their ITI share price forecasts range from $4.50 to $7.00. On average, they anticipate the company's share price to reach $5.83 in the next twelve months. This suggests a possible upside of 21.5% 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 at the beginning of the year. Since then, ITI stock has increased by 54.3% and is now trading at $4.80. View the best growth stocks for 2023 here. Are investors shorting Iteris? Iteris saw a decline in short interest in May. As of May 15th, there was short interest totaling 85,600 shares, a decline of 5.7% from the April 30th total of 90,800 shares. Based on an average daily volume of 89,700 shares, the days-to-cover ratio is presently 1.0 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 13th 2023. View our ITI earnings forecast. How were Iteris' earnings last quarter? Iteris, Inc. (NASDAQ:ITI) announced its quarterly earnings data on Wednesday, November, 3rd. The technology company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by $0.06. The technology company earned $33.25 million during the quarter, compared to the consensus estimate of $33.80 million. Iteris had a negative net margin of 11.79% and a negative trailing twelve-month return on equity of 24.92%. During the same period last year, the company earned $0.02 earnings per share. 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 a variety of retail and institutional investors. Top institutional shareholders include Cowen Prime Advisors LLC (7.94%), Private Management Group Inc. (4.20%), Dimensional Fund Advisors LP (2.52%), Royce & Associates LP (1.88%), Royce & Associates LP (1.88%) and BlackRock Inc. (1.77%). 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 $4.80. How much money does Iteris make? Iteris (NASDAQ:ITI) has a market capitalization of $205.30 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 6/7/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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