Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Iteris (ITI)
NASDAQ:ITI
Holding ITI?
Track your performance easily
ITI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$3.97 - $7.15
Previous Close$7.11
Volume344.61K
Average Volume (3M)708.46K
Market Cap
$304.30M
Enterprise Value$288.78M
Total Cash (Recent Filing)$21.38M
Total Debt (Recent Filing)$5.86M
Price to Earnings (P/E)222.9
Beta0.68
Next Earnings
Nov 05, 2024EPS Estimate
$0.03Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.03
Shares Outstanding42,822,824
10 Day Avg. Volume402,865
30 Day Avg. Volume708,455
Standard Deviation0.14
R-Squared0.11
Alpha0.00240
Financial Highlights & Ratios
Price to Book (P/B)4.33
Price to Sales (P/S)1.75
Price to Cash Flow (P/CF)-21.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.66
Enterprise Value/Gross Profit4.47
Enterprise Value/Ebitda109.51
Forecast
1Y Price Target
$7.20Price Target Upside1.12% Upside
Rating ConsensusHold
Number of Analyst Covering3
Iteris News
PremiumCompany Announcements
Iteris Enhances Leadership Structure Amidst Strategic MergerBulls Say, Bears Say
Bulls Say
Financial PerformanceFY24 is on track to be Iteris' best performance following supply chain and labor issues in FY23, driven by higher margin, recurring revenue software.
Global ExpansionThe company also won business internationally in the Philippines and is positioned to expand globally.
Merger AgreementIteris has entered a definitive merger agreement to be acquired by Almaviva S.p.A., a private Italian digital innovation group, for $7.20/share in an all-cash transaction valued at ~$335M.
Bears Say
Price TargetThe price target has been lowered from $8.00 to $7.20.
Stock RatingThe stock rating has been downgraded from Buy to Neutral.
Transaction LikelihoodGiven the limited upside to the transaction price, and the view that the likelihood of the transaction closing is high, the rating is downgraded to Hold from Buy.
---
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
ITI FAQ
What was Iteris’s price range in the past 12 months?
Iteris lowest stock price was $3.97 and its highest was $7.15 in the past 12 months.
What is Iteris’s market cap?
Currently, no data Available
When is Iteris’s upcoming earnings report date?
Iteris’s upcoming earnings report date is Nov 05, 2024 which is in 46 days.
How were Iteris’s earnings last quarter?
Iteris released its earnings results on Aug 08, 2024. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.023 by -$0.013.
Is Iteris overvalued?
According to Wall Street analysts Iteris’s price is currently Undervalued.
Does Iteris pay dividends?
Iteris does not currently pay dividends.
What is Iteris’s EPS estimate?
Iteris’s EPS estimate is $0.03.
How many shares outstanding does Iteris have?
Iteris has 42,799,248 shares outstanding.
What happened to Iteris’s price movement after its last earnings report?
Iteris reported an EPS of $0.01 in its last earnings report, missing expectations of $0.023. Following the earnings report the stock price went up 63.551%.
Which hedge fund is a major shareholder of Iteris?
Among the largest hedge funds holding Iteris’s share is First Eagle Investment Management LLC. It holds Iteris’s shares valued at 2M.
---
Iteris Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$7.20 (1.12% Upside)
$7.20 (1.12% Upside)
Blogger Sentiment
Bullish
ITI Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 284.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $14.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 8.8%
Last 30 Days ▼ 8.8%
Technicals
SMA
Positive
20 days / 200 days
Momentum
61.59%
12-Months-Change
Fundamentals
Return on Equity
2.05%
Trailing 12-Months
Asset Growth
5.79%
Trailing 12-Months
Company Description
Iteris
Iteris, Inc. engages in the provision of information solutions for both the traffic management and global agribusiness markets. It operates through the following segments: Roadway Sensors; Transportation Systems; and Agriculture and Weather Analytics. The Roadway Sensors segment offers various vehicle detection and information systems and products for traffic intersection control, incident detection, and roadway traffic data collection applications. The Transportation Systems segment includes transportation engineering and consulting services. The Agriculture and Weather Analytics segment consists of ClearAg solutions and ClearPath Weather management tools, which deliver road maintenance applications and digital agriculture platforms, respectively. The company was founded by Joel Slutzky in 1969 and is headquartered in Santa Ana, CA.
---
ITI Earnings Call
Q1 2024
0:00 / 0:00
---
ITI Stock 12 Month Forecast
Average Price Target
$7.20
▲(1.12% Upside)
Technical Analysis
Best Analysts Covering ITI
1 Year
1 Year Success Rate
3/4 ratings generated profit
1 Year Average Return
+19.38%
reiterated a buy rating 7 months ago
Copying Tim Moore CFA's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +19.38% per trade.
---