WallStreetZenWallStreetZen

How to Buy Iteris Stock

Iteris Inc

Iteris, Inc. provides intelligent transportation systems technology solutions in North America, Europe, South America, and Asia.

Iteris stock last closed at $4.07, up 0% from the previous day, and has decreased 3.33% in one year. It has underperformed other stocks in the Communication Equipment industry by 0.04 percentage points. Iteris stock is currently +9.41% from its 52-week low of $3.72, and -25.87% from its 52-week high of $5.49.

As of Jun 24, 2024, there are 42.98M shares of ITI outstanding. The market cap of ITI is $174.91M. In the past 24 hours, 197,479 ITI shares were traded.

How to Buy Iteris Stock

Wondering how to invest in Iteris stock? Here's how.
  1. Decide where to buy Iteris stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you determine where to buy Iteris stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Fund your brokerage account: Choose your method of payment and add your information.
  4. Research Iteris stock: The Iteris ticker symbol is ITI. Is Iteris stock a good investment? Should you buy shares of ITI? How do ITI's underlying business fundamentals look? Do top analysts think Iteris is a good buy? Why has ITI's stock price moved recently? (Hint: Our stock market research website can help you understand if ITI is a good stock to buy).
  5. Place your ITI buy order: Decide if you will purchase ITI shares at the current market price or use a limit order to buy ITI shares at a specific price.
  6. Get updates on your ITI investment: Create a watchlist to get live updates on your new investment in Iteris stock.

Step 1: Decide where to buy Iteris stock

You will need a brokerage account in order to access the NASDAQ market and buy ITI stock.

A brokerage account allows you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

We believe that eToro is the best place to buy stocks. Here's why:

  • You can invest in stocks with zero commissions: Invest without commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
  • Access to world financial markets: From Technology to Utilities, New York to Hong Kong — you can fill your portfolio with stocks from the world's top stock exchanges.
  • Social investing: eToro has a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other assets: Such as ETFs and cryptocurrencies.

Get $10 towards your share purchase by creating an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Create your brokerage account

Now that you've picked the best brokerage, the next step is to fill out some personal details so you can invest in ITI stock today.

How to Create a New Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Enter your personal data to create your new brokerage account.
  1. Submit your data by pressing the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Fund your brokerage account

Now that you have filled out your info on one of the best stock trading apps, your next step is to transfer the money for your investment:

Watch the walkthrough below for more details depositing funds into your new brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Iteris stock

Once you have figured out the best place to buy Iteris stock, it's crucial to evaluate their stock prior to buying, so you actually understand the risk as well as the opportunity.

Iteris Numbers

ITI Price
$4.07
1w %
-3.33%
1y %
-3.33%
5y %
-21.73%
P/E
58.14x
P/B
2.5x
P/S
1.01x
PEG
0.52x
Revenue
$171.99M
Earnings
$3.13M
Fore. Rev. Growth
11.55%
Fore. Earn. Growth
123.61%
Market Cap
$174.91M
Next Earnings
N/A
Next Dividend
N/A

Iteris Overview

WallStreetZen was designed to help part-time investors do more in-depth fundamental analysis in less time.

You can see all of the due diligence checks on ITI's stock page.

How is ITI stock valued?

Investors use many financial metrics, analyses, models, and charts to gauge ITI's fair value.

Using relative valuations methods:

  • ITI could be overvalued based on its P/E ratio of 58.14x, relative to Communication Equipment industry P/E ratio of 11.54x
  • ITI may be undervalued based on its P/B ratio of 2.5x, relative to Communication Equipment industry P/B ratio of 2.85x
  • ITI may be undervalued based on its PEG ratio of 0.52x

You can do additional valuation research on ITI's stock here.

ITI Financials at a glance

Signs that ITI is financially healthy:

  • ITI earnings of $3.24M is not sufficient to cover its interest payments.
  • ITI profit margin has gone up from -9.5% to 1.8% in the past year.
  • ITI's operating cash flow of $11.38M allows it to safely service it's debt of $6.21M.
  • There are more short-term assets than short-term liabilities on the ITI balance sheet.
  • There are more short-term assets than long-term liabilities on the ITI balance sheet.

Signs that ITI is not financially healthy:

  • Total ITI debt is higher than 5 years ago, relative to shareholder equity.
  • ITI has a relatively high debt to equity ratio of 0.77.

Do analysts think it's a good time to buy ITI stock

Out of 3 Equities analysts who monitor ITI, the consensus analyst rating on ITI is a Strong Buy

Please note that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are projecting on the Iteris stock forecast page.

Metrics for Advanced ITI Traders

SMA10
4.26
SMA20
4.38
SMA50
4.5
SMA100
4.73
SMA200
4.61
MACD
-0.12
MACD Signal
-0.09
MACD Histogram
-0.03
RSI
31.18
Stochastic %K
15.59
Stochastic %D
26.78
StochRSI %K
16.5
StochRSI %D
29.83

How is ITI performing as a company?

Last year, ITI earnings were $3.13M. Over the last 3 year, ITI's earnings have increased by -89.14% per year. This was slower than the Communication Equipment industry average of 1.61%.

Last year, ITI revenue was $171.99M. In the last five year, ITI's revenue has gone up by 13.01% per year. This was faster than the Communication Equipment industry average of 3.65%.

You can research ITI's earnings and revenue performance here.

Latest Insiders Trades at ITI

In the past year, insiders at ITI have sold more shares than they have bought.

Samjo Management LLC, 10% Owner of ITI, was the latest ITI insider to sell. They sold $202,730.00 worth of ITI stock on Jun 17, 2024.

Dig into more about who owns ITI shares here.

Can I rely on ITI as an income stream?

No, Iteris doesn't provide an income stream by paying out dividends.

What others are saying about ITI

One of the reasons eToro is our favorite brokerage is because of its social trading community.

Click below to find out what other community members have to say.

Step 5: Place your ITI buy order

There are two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a specific price limit, use a limit order.

Hit the Open Trade button and eToro will execute the order.

If you require more info about buying stocks on eToro, click the how to video below:

Open eToro Account

Step 6: Get updates on your ITI investment

Now that you own some shares in ITI, you'll want to keep up with your company.

Make a watchlist to track your ITI stock.

ITI Feed

How to Buy Stock in Iteris

To summarize, here are the 6 steps to buy stock in Iteris:

  1. Decide where to buy Iteris stock
  2. Create your brokerage account
  3. Fund your brokerage account
  4. Research Iteris stock
  5. Place your ITI buy order
  6. Get updates on your ITI investment

If you are looking for a place to buy stocks, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to monitor your new investment in Iteris, create a watchlist today.

NASDAQ: ITI
$4.07+0.00 (+0%)
Updated Jun 24, 2024
Open eToro Account
NASDAQ: ITI
$4.07+0.00 (+0%)
Updated Jun 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Iteris share?

As of Jun 24, 2024, it costs $4.07 to buy one share of Iteris stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.491 shares of ITI.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Iteris stock?

According to 3 Wall Street analysts who monitor Iteris, their consensus recommendation is to buy Iteris stock.

What is the best way to buy Iteris stock?

One way to place an order for Iteris stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.