Deep Dive Into Iteris Stock: Analyst Perspectives (5 Ratings)
Portfolio Pulse from Benzinga Insights
Analysts have varying opinions on Iteris (NASDAQ:ITI), with recent ratings ranging from bullish to bearish. The average 12-month price target is $8.1, marking a 27.96% increase from the previous target of $6.33. Iteris's financial performance shows a revenue growth rate of 3.55% as of December 31, 2023, with a net margin of 0.84% and an ROE of 0.52%. The company's debt-to-equity ratio is low at 0.09, indicating a conservative financial approach.
April 30, 2024 | 5:00 pm
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POSITIVE IMPACT
Iteris has received mixed analyst ratings but shows a positive trend in its 12-month price target, indicating potential growth. The company's financials demonstrate solid performance and profitability.
The increase in the average 12-month price target for Iteris reflects a positive outlook from analysts, suggesting potential stock price growth. The company's strong financial performance, including revenue growth, high net margin, and low debt-to-equity ratio, supports this optimistic view. These factors are likely to contribute to a positive short-term impact on ITI's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100