Itron (ITRI) to Release Earnings on Tuesday

Itron (NASDAQ:ITRI - Get Free Report) is projected to issue its quarterly earnings data before the market opens on Tuesday, February 25th. Analysts expect the company to announce earnings of $1.05 per share and revenue of $604.18 million for the quarter. Parties interested in participating in the company's conference call can do so using this link.

Itron Price Performance

NASDAQ ITRI traded down $3.75 during trading on Friday, reaching $93.94. 885,856 shares of the company traded hands, compared to its average volume of 500,531. Itron has a 1-year low of $73.64 and a 1-year high of $124.90. The company has a market cap of $4.24 billion, a price-to-earnings ratio of 19.25, a P/E/G ratio of 0.81 and a beta of 1.46. The stock's 50 day moving average price is $105.60 and its two-hundred day moving average price is $106.72. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.83 and a current ratio of 3.36.

Analyst Ratings Changes

ITRI has been the topic of several recent analyst reports. Robert W. Baird boosted their price target on Itron from $123.00 to $132.00 and gave the company an "outperform" rating in a research note on Friday, November 1st. TD Cowen boosted their target price on shares of Itron from $125.00 to $136.00 and gave the company a "buy" rating in a research note on Friday, November 1st. Piper Sandler increased their target price on shares of Itron from $110.00 to $119.00 and gave the stock a "neutral" rating in a research report on Friday, November 1st. Roth Mkm boosted their price target on shares of Itron from $125.00 to $130.00 and gave the company a "buy" rating in a research report on Friday, November 1st. Finally, StockNews.com raised shares of Itron from a "buy" rating to a "strong-buy" rating in a research note on Friday. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Itron has an average rating of "Moderate Buy" and an average target price of $123.92.

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.