Iteris (ITI) Scheduled to Post Quarterly Earnings on Thursday

Iteris (NASDAQ:ITI – Get Rating) is scheduled to issue its quarterly earnings data after the market closes on Thursday, June 1st. Analysts expect the company to announce earnings of $0.05 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Iteris Trading Down 2.7 %

NASDAQ ITI opened at $4.33 on Thursday. The business’s 50-day moving average price is $4.52 and its two-hundred day moving average price is $3.93. Iteris has a 12 month low of $2.46 and a 12 month high of $4.96. The firm has a market capitalization of $185.21 million, a PE ratio of -10.83 and a beta of 0.89.

Institutional Trading of Iteris

Several institutional investors and hedge funds have recently modified their holdings of ITI. Cubist Systematic Strategies LLC purchased a new stake in Iteris during the 1st quarter valued at about $34,000. Walleye Capital LLC purchased a new stake in shares of Iteris in the first quarter valued at about $39,000. Bank of Montreal Can acquired a new stake in shares of Iteris in the second quarter valued at about $47,000. HRT Financial LP acquired a new position in Iteris during the first quarter worth about $75,000. Finally, Balyasny Asset Management L.P. purchased a new stake in shares of Iteris during the first quarter worth about $79,000. Institutional investors own 43.19% of the company’s stock.

Analyst Upgrades and Downgrades

ITI has been the subject of a number of research analyst reports. TheStreet raised Iteris from a “d+” rating to a “c-” rating in a research report on Friday, February 3rd. B. Riley raised their price target on Iteris from $3.50 to $4.50 and gave the stock a “buy” rating in a report on Friday, February 3rd. EF Hutton Acquisition Co. I raised their price target on Iteris from $5.50 to $6.00 and gave the company a “buy” rating in a research report on Monday, February 6th. StockNews.com downgraded Iteris from a “buy” rating to a “hold” rating in a report on Monday. Finally, Northland Securities boosted their price target on Iteris from $6.00 to $7.00 in a report on Thursday, April 27th.

Iteris Company Profile

(Get Rating)

Iteris, 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.