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Iteris (ITI)
NASDAQ:ITI
Holding ITI?
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ITI Stock Chart & Stats
Day’s Range$7.19 - $7.2
52-Week Range― - ―
Previous Close$7.2
Volume4.54K
Average Volume (3M)N/A
Market Cap
$309.47M
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
BetaN/A
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding42,822,824
10 Day Avg. Volume267,119
30 Day Avg. Volume361,395
Standard Deviation0.14
R-Squared0.11
Alpha0.00329
Financial Highlights & Ratios
Price to Book (P/B)4.38
Price to Sales (P/S)1.77
Price to Cash Flow (P/CF)-21.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$7.20Price Target Upside0.14% Upside
Rating ConsensusHold
Number of Analyst Covering3
Iteris News
PremiumPre-Earnings
Iteris (ITI) Q2 Earnings Cheat Sheet
PremiumCompany Announcements
Iteris Acquired by Almaviva, Expands Global Reach
Bulls Say, Bears Say
Bulls Say
Board ApprovalThe transaction was unanimously approved and will be recommended to Iteris shareholders by the Iteris Board of Directors.
Financial HealthIteris ended June 2024 with $21.4 million in cash and no debt.
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 per share in an all-cash transaction valued at approximately $335 million.
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 OutlookGiven 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.
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Ownership Overview
― Insiders
12.78% Mutual Funds
― Other Institutional Investors
80.37% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ITI FAQ
What was Iteris’s price range in the past 12 months?
Currently, no data Available
What is Iteris’s market cap?
Currently, no data Available
When is Iteris’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Iteris’s earnings last quarter?
Currently, no data Available
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 for its next earnings report is not yet available.
How many shares outstanding does Iteris have?
Currently, no data Available
What happened to Iteris’s price movement after its last earnings report?
Currently, no data Available
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.
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Iteris Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$7.20 (0.14% Upside)
$7.20 (0.14% Upside)
Blogger Sentiment
Bullish
ITI Sentiment 100%
Sector Average 69%
Sector Average 69%
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
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
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.
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ITI Stock 12 Month Forecast
Average Price Target
$7.20
▲(0.14% Upside)
Technical Analysis
Best Analysts Covering ITI
1 Year
1 Year Success Rate
3/4 ratings generated profit
1 Year Average Return
+19.75%
reiterated a buy rating 9 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 +19.75% per trade.
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