- ITI's revenue growth has slightly outpaced the industry average of 1.2%. Since the same quarter one year prior, revenues slightly increased by 8.9%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in 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 2.66, which clearly demonstrates the ability to cover short-term cash needs.
- Compared to its price level of one year ago, ITI is down 14.08% to its most recent closing price of 1.71. Looking ahead, our view is that this company's fundamentals will not have much impact either way, allowing the stock to generally move up or down based on the push and pull of the broad market.
- The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. Compared to other companies in the Electronic Equipment, Instruments & Components industry and the overall market, ITERIS INC's return on equity significantly trails that of both the industry average and the S&P 500.
- Net operating cash flow has significantly decreased to $1.31 million or 59.51% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
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. All three major indices traded up today with the Dow Jones Industrial Average ( ^DJI) trading up 191 points (1.1%) at 17,512 as of Friday, Jan. 16, 2015, 4:20 PM ET. The NYSE advances/declines ratio sits at 2,533 issues advancing vs. 578 declining with 102 unchanged. The Telecommunications industry as a whole closed the day up 1.4% versus the S&P 500, which was up 1.3%. Top gainers within the Telecommunications industry included Glowpoint ( GLOW), up 2.0%, Voltari ( VLTC), up 43.6%, RRSat Global Communications Network ( RRST), up 4.9%, Iteris ( ITI), up 2.4% and China TechFaith Wireless Comm Tech ( CNTF), up 2.9%. TheStreet Ratings Group would like to highlight 3 stocks pushing the industry higher today: Iteris ( ITI) is one of the companies that pushed the Telecommunications industry higher today. Iteris was up $0.04 (2.4%) to $1.70 on light volume. Throughout the day, 3,000 shares of Iteris exchanged hands as compared to its average daily volume of 35,100 shares. The stock ranged in a price between $1.68-$1.70 after having opened the day at $1.68 as compared to the previous trading day's close of $1.66. Iteris, Inc. provides intelligent information solutions to the traffic management market worldwide. The company's Roadway Sensors segment offers a range of vehicle detection systems for traffic intersection control, incident detection, and highway traffic data collection applications. Iteris has a market cap of $55.0 million and is part of the technology sector. Shares are down 3.2% year-to-date as of the close of trading on Thursday. Currently there are no analysts who rate Iteris a buy, no analysts rate it a sell, and none rate it a hold. 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 deteriorating net income, disappointing return on equity and weak operating cash flow. Highlights from TheStreet Ratings analysis on ITI go as follows: