NASDAQ:ITI - Iteris Stock Price, Forecast & News

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

Iteris Inc (NASDAQ:ITI) released its quarterly earnings data on Tuesday, February, 4th. The technology company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of ($0.04) by $0.01. The technology company had revenue of $28.73 million for the quarter, compared to analysts' expectations of $27.53 million. Iteris had a negative net margin of 7.56% and a negative return on equity of 13.09%. View Iteris' Earnings History.

Iteris is scheduled to release their next quarterly earnings announcement on Monday, June 1st 2020. View Earnings Estimates for Iteris.

2 analysts have issued 1-year price objectives for Iteris' shares. Their forecasts range from $6.50 to $9.00. On average, they anticipate Iteris' share price to reach $7.75 in the next year. This suggests a possible upside of 52.9% from the stock's current price. View Analyst Price Targets for Iteris.

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, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Iteris.

News stories about ITI stock have trended very negative recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Iteris earned a news impact score of -3.0 on InfoTrie's scale. They also assigned media headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Iteris.

Iteris saw a drop in short interest in the month of January. As of January 15th, there was short interest totalling 809,300 shares, a drop of 12.8% from the December 31st total of 928,500 shares. Based on an average trading volume of 148,700 shares, the days-to-cover ratio is currently 5.4 days. Approximately 2.1% of the company's stock are short sold. View Iteris' Current Options Chain.

Some companies that are related to Iteris include Vocera Communications (VCRA), Inseego (INSG), Napco Security Technologies (NSSC), ADVA Optical Networking (ADVOF), PowerFleet (PWFL), I.D. Systems (IDSY), Rekor Systems (REKR), Turtle Beach (HEAR), UTStarcom (UTSI), Magal Security Systems (MAGS), Risk (George) Industries (RSKIA), Grow Capital (GRWC), Vislink Technologies (VISL), Track Group (TRCK) and True Nature (TNTY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Iteris investors own include Energy Transfer LP Unit (ET), Advanced Micro Devices (AMD), Martin Midstream Partners (MMLP), Prospect Capital (PSEC), CBL & Associates Properties (CBL), Cypress Semiconductor (CY), Inseego (INSG), Opko Health (OPK), Ford Motor (F) and Freeport-McMoRan (FCX).

Iteris' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Cowen Prime Services LLC (5.46%), Renaissance Technologies LLC (2.24%), State Street Corp (1.62%), Geode Capital Management LLC (1.27%), Bank of New York Mellon Corp (0.62%) and Ancora Advisors LLC (0.56%). Company insiders that own Iteris stock include Neil S Subin and Thomas N Blair. View Institutional Ownership Trends for Iteris.

ITI stock was sold by a variety of institutional investors in the last quarter, including Ibex Investors LLC, Oxford Asset Management LLP, Perritt Capital Management Inc., California Public Employees Retirement System, Alambic Investment Management L.P., Bank of America Corp DE and Mesirow Financial Investment Management Inc.. View Insider Buying and Selling for Iteris.

ITI stock was purchased by a variety of institutional investors in the last quarter, including Cowen Prime Services LLC, State Street Corp, STA Wealth Management LLC, Geode Capital Management LLC, Essex Investment Management Co. LLC, Lavaca Capital LLC, Ancora Advisors LLC and Barclays PLC. View Insider Buying and Selling for Iteris.

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

One share of ITI stock can currently be purchased for approximately $5.07.

Iteris has a market capitalization of $205.96 million and generates $99.12 million in revenue each year. The technology company earns $-7,820,000.00 in net income (profit) each year or ($0.11) on an earnings per share basis. Iteris employs 414 workers across the globe.View Additional Information About Iteris.

The official website for Iteris is http://www.iteris.com/.

Iteris' mailing address is 1700 CARNEGIE AVENUE, SANTA ANA CA, 92705. The technology company can be reached via phone at 949-270-9400 or via email at [email protected]