Yahoo Finance How Much is Iteris, Inc.'s (NASDAQ:ITI) CEO Getting Paid?
Joe Bergera has been the CEO of Iteris, Inc. (NASDAQ:ITI) since 2015. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. After that, we will consider the growth in the business. Third, we'll reflect on the total return to shareholders over three years, as a second measure of business performance. This method should give us information to assess how appropriately the company pays the CEO.
View our latest analysis for Iteris
How Does Joe Bergera's Compensation Compare With Similar Sized Companies?
Our data indicates that Iteris, Inc. is worth US$202m, and total annual CEO compensation is US$989k. (This is based on the year to March 2019). That's actually a decrease on the year before. While we always look at total compensation first, we note that the salary component is less, at US$413k. We examined companies with market caps from US$100m to US$400m, and discovered that the median CEO total compensation of that group was US$1.2m.
So Joe Bergera is paid around the average of the companies we looked at. Although this fact alone doesn't tell us a great deal, it becomes more relevant when considered against the business performance.
The graphic below shows how CEO compensation at Iteris has changed from year to year.
Is Iteris, Inc. Growing?
Over the last three years Iteris, Inc. has grown its earnings per share (EPS) by an average of 13% per year (using a line of best fit). Its revenue is down -1.7% over last year.
This shows that the company has improved itself over the last few years. Good news for shareholders. While it would be good to see revenue growth, profits matter more in the end. It could be important to check this free visual depiction of what analysts expect for the future.
Has Iteris, Inc. Been A Good Investment?
Boasting a total shareholder return of 50% over three years, Iteris, Inc. has done well by shareholders. This strong performance might mean some shareholders don't mind if the CEO were to be paid more than is normal for a company of its size.
In Summary...
Remuneration for Joe Bergera is close enough to the median pay for a CEO of a similar sized company .
Few would be critical of the leadership, since returns have been juicy and earnings per share are moving in the right direction. So one could argue the CEO compensation is quite modest, if you consider company performance! CEO compensation is one thing, but it is also interesting to check if the CEO is buying or selling Iteris (free visualization of insider trades).
Important note: Iteris may not be the best stock to buy. You might find something better in this list of interesting companies with high ROE and low debt.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.
