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 $4.59, down 0.86% from the previous day, and has increased 0.44% in one year. It has overperformed other stocks in the Communication Equipment industry by 0.22 percentage points. Iteris stock is currently +23.39% from its 52-week low of $3.72, and -16.39% from its 52-week high of $5.49.
As of Apr 18, 2024, there are 42.91M shares of ITI outstanding. The market cap of ITI is $196.95M. In the past 24 hours, 100,278 ITI shares were traded.
How to Buy Iteris Stock
Wondering how to invest in Iteris stock? Here's how.
- 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.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Choose your method of payment and add your information.
- 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).
- 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.
- 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.
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.
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- 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 AccountStep 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
- 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.
- Enter your personal data to create your new brokerage account.
- Submit your data by pressing the "Create Account" button. Get started with eToro today
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.
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
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 76.5x, relative to Communication Equipment industry P/E ratio of 17.62x
- ITI may be overvalued based on its P/B ratio of 2.87x, relative to Communication Equipment industry P/B ratio of 2.65x
You can do more valuation analysis on ITI's stock here.
ITI Financial Health Overview
Signs that ITI is financially healthy:
- ITI profit margin has gone up from -11.8% to 1.4% in the past year.
- ITI earnings of $3.08M is not sufficient to cover its interest payments.
- 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.
- ITI's operating cash flow of $12.99M allows it to safely service it's debt of $6.30M.
Signs that ITI is not financially healthy:
- ITI has a relatively high debt to equity ratio of 0.72.
- Total ITI debt is higher than 5 years ago, relative to shareholder equity.
Do Wall Street analysts think it's a good time to buy Iteris stock
Out of 2 sell side analysts who give recommendations on ITI, the consensus analyst rating on ITI is a Strong Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Iteris stock forecast page.
ITI Technical Indicators
ITI Revenue
Last year, ITI earnings were $2.49M. In the past three year, ITI's earnings have grown by -91.63% per year. This was slower than the Communication Equipment industry average of 5.52%.
Last year, ITI revenue was $171.68M. During the past five year, ITI's revenue has increased by 11.8% per year. This was faster than the Communication Equipment industry average of 3.93%.
Find out more about ITI's earnings and revenue performance here.
Latest Insiders Trades at ITI
Over the past 12 months, executives and large shareholders at ITI have sold more shares than they have bought.
J. Joseph Bergera, President and CEO of ITI, was the latest ITI insider to buy. They bought $10,288.74 worth of ITI stock on Mar 4, 2024.
Learn more about who owns ITI stock here.
Can I get consistent income from ITI stock?
No, Iteris doesn't provide an income stream by paying out dividends.
ITI Social Trading Data
One of the reasons eToro is our highest-rated 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 types of orders:
- 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 easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount, place a limit order.
Click the Open Trade button and your broker will place your order.
If you want more assistance investing in stocks on eToro, click the how to video below:
Step 6: Get updates on your ITI investment
Now that you own some shares in ITI, you'll want to stay up-to-date on your investment.
Add ITI to a watchlist to track your ITI stock.
ITI Feed
How to Buy Stock in Iteris
To reiterate, here are the 6 steps to buy Iteris stock:
- Decide where to buy Iteris stock
- Create your brokerage account
- Fund your brokerage account
- Research Iteris stock
- Place your ITI buy order
- Get updates on your ITI investment
If you require a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Iteris, click below.
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