Itron (ITRI) Expected to Announce Quarterly Earnings on Thursday

Itron (NASDAQ:ITRI - Get Free Report) will likely be posting its Q1 2025 quarterly earnings results before the market opens on Thursday, May 1st. Analysts expect Itron to post earnings of $1.30 per share and revenue of $608.86 million for the quarter.

Itron Stock Up 1.1 %

ITRI traded up $1.25 on Friday, hitting $110.41. The company had a trading volume of 484,767 shares, compared to its average volume of 574,005. The stock has a market capitalization of $5.03 billion, a price-to-earnings ratio of 22.63, a P/E/G ratio of 0.81 and a beta of 1.39. Itron has a 12-month low of $90.03 and a 12-month high of $124.90. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.83 and a current ratio of 3.36. The stock has a fifty day moving average price of $103.10 and a 200-day moving average price of $107.43.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. StockNews.com downgraded Itron from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 1st. Piper Sandler lifted their target price on Itron from $119.00 to $124.00 and gave the stock a "neutral" rating in a report on Thursday, February 27th. Oppenheimer raised their price target on shares of Itron from $124.00 to $131.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 26th. Canaccord Genuity Group upped their target price on Itron from $130.00 to $132.00 and gave the stock a "buy" rating in a research note on Wednesday, February 26th. Finally, Guggenheim reaffirmed a "buy" rating and set a $133.00 price objective on shares of Itron in a research note on Thursday, April 17th. Three analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, Itron has an average rating of "Moderate Buy" and a consensus price target of $127.64.

Insider Transactions at Itron

In other Itron news, CAO David Marshall Wright sold 317 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $92.90, for a total value of $29,449.30. Following the transaction, the chief accounting officer now directly owns 8,108 shares in the company, valued at $753,233.20. This represents a 3.76 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Mary C. Hemmingsen sold 750 shares of the business's stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $107.27, for a total value of $80,452.50. Following the completion of the sale, the director now directly owns 5,630 shares of the company's stock, valued at $603,930.10. The trade was a 11.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 4,037 shares of company stock worth $385,815 in the last quarter. Company insiders own 1.51% of the company's stock.

About Itron

Itron, Inc, a technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide. It operates in three segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing, such as standard gas, electricity, water, and communicating meters, as well as heat and allocation products.