- ITI's revenue growth has slightly outpaced the industry average of 9.7%. Since the same quarter one year prior, revenues rose by 18.3%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
- ITI has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. Along with this, the company maintains a quick ratio of 2.72, which clearly demonstrates the ability to cover short-term cash needs.
- ITERIS INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. Stable earnings per share over the past year indicate the company has sound management over its earnings and share float. However, the consensus estimates suggest that there will be an upward trend in the coming year. During the past fiscal year, ITERIS INC's EPS of $0.03 remained unchanged from the prior years' EPS of $0.03. This year, the market expects an improvement in earnings ($0.06 versus $0.03).
- Net operating cash flow has decreased to -$0.84 million or 23.88% when compared to the same quarter last year. In addition, when comparing the cash generation rate to the industry average, the firm's growth is significantly lower.
- ITI has underperformed the S&P 500 Index, declining 7.83% from its price level of one year ago. Looking ahead, we do not see anything in this company's numbers that would change the one-year trend. It was down over the last twelve months; and it could be down again in the next twelve. Naturally, a bull or bear market could sway the movement of this stock.
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. The Telecommunications industry as a whole closed the day down 0.7% versus the S&P 500, which was down 0.9%. Laggards within the Telecommunications industry included Technical Communications ( TCCO), down 4.3%, Frequency Electronics ( FEIM), down 3.5%, Ikanos Communications ( IKAN), down 3.3%, Iteris ( ITI), down 2.4% and RRSat Global Communications Network ( RRST), down 5.8%. TheStreet Ratings Group would like to highlight 3 stocks that pushed the industry lower today: Iteris ( ITI) is one of the companies that pushed the Telecommunications industry lower today. Iteris was down $0.04 (2.4%) to $1.61 on light volume. Throughout the day, 30,178 shares of Iteris exchanged hands as compared to its average daily volume of 71,900 shares. The stock ranged in price between $1.61-$1.65 after having opened the day at $1.63 as compared to the previous trading day's close of $1.65. Iteris, Inc. provides intelligent transportation systems solutions to the traffic management market worldwide. Iteris has a market cap of $54.7 million and is part of the technology sector. Shares are down 20.5% year-to-date as of the close of trading on Monday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings rates Iteris as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and weak operating cash flow. Highlights from TheStreet Ratings analysis on ITI go as follows: