Iteris Inc. (ITI)

NASDAQ: ITI · IEX Real-Time Price · USD
3.79
-0.13 (-3.32%)
At close: Jan 20, 2022 4:00 PM
3.78
-0.01 (-0.26%)
After-hours:Jan 20, 2022 4:11 PM EST
Market Cap160.44M
Revenue (ttm)127.21M
Net Income (ttm)-2.16M
Shares Out42.33M
EPS (ttm)-0.05
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume105,875
Open3.93
Previous Close3.92
Day's Range3.78 - 4.06
52-Week Range3.59 - 7.77
Beta1.33
AnalystsStrong Buy
Price Target9.00 (+137.5%)
Earnings DateNov 3, 2021

About ITI

Iteris, Inc. provides intelligent transportation systems technology solutions in Canada and Europe. It operates through Roadway Sensors and Transportation Systems segments. The Roadway Sensors segment offers detection sensors and systems for traffic intersection management, communication systems, and roadway traffic data collection applications. Its products include Vantage, VantageLive!, Vantage Next, VantagePegasus, VantageRadius, Vantage Vector, Velocity, SmartCycle, SmartCycle Bike Indicator, SmartSpan, VersiCam, PedTrax, and P-Series produ...

IndustryElectronic Equipment, Instruments & Components
CEOJ. Bergera
Employees415
Stock ExchangeNASDAQ
Ticker SymbolITI
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for Iteris stock is "Strong Buy." The 12-month stock price forecast is 9.00, which is an increase of 137.47% from the latest price.

Price Target
$9.00
(137.47% upside)
Analyst Consensus: Strong Buy

News

Iteris Sets Fiscal Third Quarter 2022 Conference Call for Thursday, February 3, 2022 at 4:30 p.m. ET

SANTA ANA, Calif.--(BUSINESS WIRE)---- $ITI #IoT--Iteris will conduct a conference call on Thursday, February 3 to discuss its financial results for the fiscal third quarter ended December 31, 2021.

17 hours ago - Business Wire

Iteris Selected to Support Development of Connected Vehicle Data Exchange Platform for Florida Department of Transpor...

SANTA ANA, Calif.--(BUSINESS WIRE)---- $ITI #IoT--Iteris has been selected by the Florida Department of Transportation as part of the SwRI team to develop a connected vehicle data exchange platform.

2 weeks ago - Business Wire

Iteris to Present at 24th Annual Needham Virtual Growth Conference on January 12, 2022

SANTA ANA, Calif.--(BUSINESS WIRE)---- $ITI #IoT--Iteris has been invited to present at the 24th Annual Needham Virtual Growth Conference on Wednesday, January 12.

3 weeks ago - Business Wire

Iteris Awarded $1.1 Million Contract by California Department of Transportation for Smart Mobility, Safety and Access...

SANTA ANA, Calif.--(BUSINESS WIRE)---- $ITI #IoT--Iteris has been awarded a $1.1 million contract from the California Department of Transportation for smart mobility design and engineering services.

1 month ago - Business Wire

Iteris Awarded $4.5 Million Contract by Orange County Transportation Authority for Regional Smart Mobility, Safety an...

SANTA ANA, Calif.--(BUSINESS WIRE)---- $ITI #IoT--Iteris has been awarded a $4.5m contract from the Orange County Transportation Authority for a smart mobility, safety and sustainability program.

1 month ago - Business Wire

Iteris and Continental Unveil New V2X-Enabled Detection Solution for Smart Mobility Infrastructure

SANTA ANA, Calif. & AUBURN HILLS, Mich.--(BUSINESS WIRE)---- $ITI #IoT--Iteris and Continental announce the launch of Vantage Fusion, a hybrid traffic detection system that enables real-world V2X applic...

1 month ago - Business Wire

Iteris Awarded $1.4 Million to Support Florida Department of Transportation for Regional Smart Mobility, Safety and S...

SANTA ANA, Calif.--(BUSINESS WIRE)---- $ITI #IoT--Iteris has been awarded $1.4m to support the Florida Department of Transportation for a regional smart mobility, safety and sustainability program.

1 month ago - Business Wire

Iteris to Host Virtual Investor Technology Update on December 7, 2021

SANTA ANA, Calif.--(BUSINESS WIRE)---- $ITI #IoT--Iteris will host a virtual investor technology update on Tuesday, December 7 at 1:00 p.m. Eastern time (10:00 a.m. Pacific time).

1 month ago - Business Wire

Iteris Listed Among Top 10 Fastest-Growing Mid-Size Public Companies in Orange County by Orange County Business Journal

SANTA ANA, Calif.--(BUSINESS WIRE)---- $ITI #IoT--Iteris has been named by the Orange County Business Journal as one of the 10 fastest-growing mid-size public companies in Orange County, CA.

2 months ago - Business Wire

Iteris Awarded $1.1 Million Contract by City of Orange for Regional Smart Mobility, Safety and Sustainability Initiative

SANTA ANA, Calif.--(BUSINESS WIRE)---- $ITI #IoT--Iteris has been awarded a $1.1 million contract by the City of Orange for a regional smart mobility, safety and sustainability program.

2 months ago - Business Wire

Iteris (ITI) Q2 Earnings and Revenues Miss Estimates

Iteris (ITI) delivered earnings and revenue surprises of -60.00% and -1.64%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Iteris Reports 18% Revenue Growth Year Over Year for First Half of Fiscal 2022 and Maintains Full Year Revenue Guidan...

SANTA ANA, Calif.--(BUSINESS WIRE)---- $ITI #IoT--Iteris today reported financial results for its fiscal second quarter 2022 ended September 30, 2021.

2 months ago - Business Wire

Iteris to Participate at Craig-Hallum Alpha Select Virtual Conference on November 16, 2021

SANTA ANA, Calif.--(BUSINESS WIRE)---- $ITI #IoT--Iteris it will participate at the Craig-Hallum 12th Annual Alpha Select Virtual Conference on Tuesday, November 16, 2021.

2 months ago - Business Wire

Iteris (ITI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Iteris (ITI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Iteris Awarded $1.46 Million in Task Orders for Federal Highway Administration's National Training and Workforce Deve...

SANTA ANA, Calif.--(BUSINESS WIRE)---- $ITI #IoT--Iteris has been awarded $1.46 million from the FHWA to provide a National Highway Institute training and workforce development program.

2 months ago - Business Wire

Iteris Sets Fiscal Second Quarter 2022 Conference Call for Wednesday, November 3, 2021 at 4:30 p.m. ET

SANTA ANA, Calif.--(BUSINESS WIRE)---- $ITI #IoT--Iteris today announced that it will conduct a conference call on Wednesday, November 3 to discuss its financial results for the fiscal second quarter.

2 months ago - Business Wire

Iteris Announces Availability of New Cloud-enabled Managed Services for Smart Mobility Infrastructure Management

SANTA ANA, Calif.--(BUSINESS WIRE)---- $ITI #IoT--Iteris announces availability of new managed services that augment the traffic management operations of public agencies and commercial enterprises.

3 months ago - Business Wire

Iteris Selected by City of Fremont for Smart Mobility and Safety Initiative

SANTA ANA, Calif.--(BUSINESS WIRE)---- $ITI #IoT--Iteris has been awarded a $940,000 contract by the City of Fremont to provide a comprehensive smart mobility and safety solution.

3 months ago - Business Wire

New Hampshire State Police Expands Use of Iteris' Commercial Vehicle Operations SaaS Solutions to Improve Safety and ...

SANTA ANA, Calif.--(BUSINESS WIRE)---- $ITI #CVSA--Iteris wins new contract with the New Hampshire Department of Safety, Division of State Police for its commercial vehicle operations SaaS solutions.

3 months ago - Business Wire

Iteris Selected by City of Suffolk, VA for Traffic Signal Timing Engineering Services

SANTA ANA, Calif.--(BUSINESS WIRE)---- $ITI #IoT--Iteris has been awarded an open-ended on-call contract by the City of Suffolk, Virginia for traffic signal optimization engineering services.

3 months ago - Business Wire

Iteris Unveils New Artificial-Intelligence Powered Detection Sensor for Smart Intersections

SANTA ANA, Calif.--(BUSINESS WIRE)---- $ITI #1080p--Iteris has launched Vantage Apex™, the industry's first 1080p HD video and 4D radar sensor with integrated artificial intelligence algorithms.

4 months ago - Business Wire

Iteris Announces Schedule of Investor Conferences for September 2021

SANTA ANA, Calif.--(BUSINESS WIRE)---- $ITI #IoT--Iteris will participate in the Colliers 2021 Institutional Conference and D.A. Davidson Software & Internet Conference, both on Thursday, September 9.

4 months ago - Business Wire

Iteris Continues Eastern U.S. Expansion with Delaware Valley Regional Planning Commission Contract for Traffic Signal...

SANTA ANA, Calif.--(BUSINESS WIRE)---- $ITI #IoT--Iteris has been awarded a contract by the Delaware Valley Regional Planning Commission with a potential value of $1.5 million.

5 months ago - Business Wire

Iteris and Wejo Partner to Deliver Enhanced Applications of Connected Vehicle Data for Safer and More Efficient Roadways

SANTA ANA, Calif. & MANCHESTER, England--(BUSINESS WIRE)---- $ITI #IoT--Iteris and Wejo have entered into an agreement to deliver enhanced connected vehicle data content to Iteris' customers throughout ...

5 months ago - Business Wire

Iteris (ITI) Q1 Earnings Lag Estimates

Iteris (ITI) delivered earnings and revenue surprises of -80.00% and 2.84%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research