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ITI $2.1

ITI target price
2.10
0
0
Iteris, Inc.
Type
Public
Traded as NASDAQ: ITI
Industry Communication Equipment
Founded 1969
Headquarters Santa Ana, California, United States
Area served
worldwide
Key people

Joe Bergera
(Chief Executive Officer, President, Director)

Andy Schmidt
(Chief Financial Officer)
As of December 31, 2013
Products Intelligent transportation systems
Revenue Increase$ 66.49M As of December 31, 2013
Number of employees
258 As of December 31, 2013
Website www.iteris.com

Joe Bergera
(Chief Executive Officer, President, Director)

Iteris, Inc. is an American company which was set up in 1969 and now is based in Santa Ana, California, focusing on intelligent information solutions to the traffic management market globally. Based on its technology, these intelligent transportation systems (ITS) help to reduce traffic congestions, improve predictions of weather and traffic conditions, and provide more accurate performance analysis. There are two major segments in Iteris, namely roadway sensors and transportation systems. In December 2010, the company acquired Meridian Environmental Technology, Inc. In November 2011, the company acquired Berkeley Transportation Systems, Inc.

In the late 1990s, Iteris acquired some assets of Rockwell International Corp., Mohaddes Associates, and Viggen Corporation. Meanwhile, it cooperated to develop a lane departure warning system. In 2011, Iteris reconstructed its production line of lane departure to be an intelligent traffic management information company and then developed the iPerform group. After that, the company acquired Meridian Environmental Technologies and Berkeley Transportation Systems for better weather forecasting and traffic measurement.

Iteris, Inc.’s roadway sensors segment markets on vehicle detection systems for traffic intersection control and traffic data collections. The products of this segment are Vantage series video detection system (such as VantageView, Vantage Vector), SmartSpan and SmartCycle, VersiCam, Pico, and Abacus. The company’s transportation systems segment markets on transportation engineering, and consulting services, information systems and decision support systems for better traffic conditions. In addition, its iPerform segment markets on transportation performance measurement.

In 2013, the company launched SmartCycle, which can detect vehicles and bicycles accurately with a single video detection camera facing a dedicated approach.

In 2016, the company launched PedTrax, which automates measurement of both the count, direction and speed of pedestrians in crosswalks to provide insights on levels of street life.

In 2017, the company launched VantageLive!, which allows users to view intersection activity by automatically collecting and analyzing vehicle, bicycle and pedestrian data on a continuous basis.

September, 2013. Iteris, Inc. announced the new web-based software iPeMS lite for arterial and freeway applications, with an instant analysis and visualization of big data in traffic conditions, such as speed and congestions.

May, 2013. Iteris, Inc. cooperated with INRIX to integrate INRIX’s real-time and historical traffic information with IterisPeM. After the integration, IterisPeMS could collect traffic data information across all major highways and arterial roads for better evaluation abilities.

Iteris has also collaborated with Conservis to provide weather data and analytics to farmers.

2017. The League of American Bicyclists' bronze Bicycle Friendly Business for making workplaces and communities safer, happier, healthier and more sustainable through bicycling.

2013. ASCE’s Award for the Outstanding Private Sector Civil Engineering Project for its contribution to Metro Orange Line Extension.

2013. Iteris received the Project Achievement Award, to by CMAA Southern California Chapter for the Metro Orange Line Extension.

2010. Iteris won the One of the Best in the West by the American Association of State Highway and Transportation Officials (AASHTO) for the I-15 North Design-Build Project.

2009. Iteris won "The Next Downtown, A Sustainable Vision for Downtown L.A." by the American Planning Association (APA), Los Angeles Section.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q2 2023 2022-11-01 Future report Set alerts
Q1 2023 2022-08-04 Future report Set alerts
Q4 2022 2022-06-01 -0.07 -0.07
Q3 2022 2022-02-03 -0.06 -0.06
Q2 2022 2021-11-03 -0.05 -0.05
Q1 2022 2021-08-05 0.01 0.01
Q4 2021 2021-06-01 -0.01 -0.01
Q3 2021 2021-02-02 -0.01 -0.01
Q2 2021 2020-11-04 0.01 0.01
Q2 2020 2020-11-04 0.01 0.00

Ratings

2008-07-30 Reiterated MDB Capital Group Buy $4.30 to $3.20
2008-03-13 Initiated Rodman & Renshaw Mkt Outperform $4
2008-07-30 Reiterated MDB Capital Group Buy $4.30 to $3.20
2008-03-13 Initiated Rodman & Renshaw Mkt Outperform $4

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
MARXE AUSTIN W & GREENHOUSE DAVID M 10.19%  (3340929) ADEP / ALCS / ASTC / ASYS / BTUI / BWEN / CACH / CDTI / CEVA / CLRX / CRMB / CYCC / DAEG / DOVR / ERI / ETRM / HEAR / INO / ISNS / ITI / LRAD / LTBR / MAG / MFI / OPXA / OVRL / PFSW / PLUG / PRKR / PTN / RGDX / RVLT / TGEN / URRE / VPCO / WPCS /
MILLER LLOYD I III 7.63%  (2502251) ATGN / BEBE / CAPS / CCUR / CNTY / COSI / EPAX / IDSY / IMI / ITI / LOV / LTRE / MRVC / ONVI / PRSS / QBAK / SLTC / STMP / TWMC / USU /
SLUTZKY JOEL 4.74%  (1553922) ITI /
Fundamental Global Investors, LLC 4.48%  (1466647) BTN / ITI / PIH / RWC /
MOHADDES ABBAS CEO 2.75%  (902588) ITI /
MINER GREG 1.42%  (464921) ITI /
DALY KEVIN 1.28%  (420165) ITI /
THOMAS TOM 0.36%  (117146) ITI /
SEAZHOLTZ JOHN 0.21%  (68547) ITI /
MCKHANN GREG Sr. Vice President 0.15%  (48156) ITI /
Kreter Todd Sr. Vice President 0.10%  (33303) ITI /
Massoumi Ramin M Sr. Vice President 0.10%  (31624) ITI /
SUBIN NEIL S 0.09%  (30750) IFMI / ITI / SLTC / USU /
MIELE JAMES VP, CFO & Secretary 0.07%  (21369) ITI /
Williams Mikel H 0.06%  (18146) ITI / USU /
Cerminara Kyle 0.03%  (10751) BTN / ITI / MAG / PIH / RWC /
CHAR RICHARD 0.03%  (9000) ITI / NLST /
Mooney Gerard 0.02%  (8146) ITI /
Christensen Craig A former officer 0.02%  (7500) ITI /
Deeter Scott 0.02%  (6606) ITI /
Clelland Alan Sr. Vice President 0.02%  (6250) ITI /