Itron, Inc. (NASDAQ:ITRI - Free Report) - Stock analysts at Zacks Research lifted their Q1 2025 EPS estimates for Itron in a report released on Monday, March 17th. Zacks Research analyst R. Department now expects that the scientific and technical instruments company will post earnings per share of $1.26 for the quarter, up from their previous forecast of $1.07. The consensus estimate for Itron's current full-year earnings is $5.33 per share. Zacks Research also issued estimates for Itron's Q2 2025 earnings at $1.22 EPS, Q3 2025 earnings at $1.36 EPS, Q2 2026 earnings at $1.47 EPS, Q3 2026 earnings at $1.45 EPS, Q4 2026 earnings at $1.53 EPS and FY2027 earnings at $7.21 EPS.
A number of other research firms have also weighed in on ITRI. Canaccord Genuity Group lifted their target price on Itron from $130.00 to $132.00 and gave the company a "buy" rating in a report on Wednesday, February 26th. Guggenheim reduced their target price on Itron from $135.00 to $133.00 and set a "buy" rating for the company in a research report on Thursday, February 27th. StockNews.com cut Itron from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 1st. Piper Sandler boosted their target price on Itron from $119.00 to $124.00 and gave the stock a "neutral" rating in a research report on Thursday, February 27th. Finally, Oppenheimer boosted their target price on Itron from $124.00 to $131.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 26th. Three investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $127.64.
View Our Latest Stock Report on ITRI
Itron Price Performance
ITRI stock traded down $1.03 during mid-day trading on Wednesday, reaching $105.76. 857,147 shares of the company traded hands, compared to its average volume of 527,811. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.36 and a quick ratio of 2.83. The company has a market capitalization of $4.82 billion, a P/E ratio of 21.67, a P/E/G ratio of 0.81 and a beta of 1.49. Itron has a 52-week low of $87.91 and a 52-week high of $124.90. The company has a fifty day moving average price of $104.00 and a 200-day moving average price of $107.63.
Institutional Trading of Itron
A number of institutional investors have recently made changes to their positions in the stock. GeoWealth Management LLC raised its holdings in shares of Itron by 4,580.0% during the fourth quarter. GeoWealth Management LLC now owns 234 shares of the scientific and technical instruments company's stock valued at $25,000 after acquiring an additional 229 shares in the last quarter. Proficio Capital Partners LLC bought a new position in Itron in the 4th quarter worth $30,000. Continuum Advisory LLC lifted its position in shares of Itron by 42.1% in the 3rd quarter. Continuum Advisory LLC now owns 344 shares of the scientific and technical instruments company's stock worth $40,000 after purchasing an additional 102 shares during the period. Quarry LP boosted its stake in shares of Itron by 29.0% during the 3rd quarter. Quarry LP now owns 454 shares of the scientific and technical instruments company's stock valued at $48,000 after purchasing an additional 102 shares in the last quarter. Finally, Hager Investment Management Services LLC purchased a new position in shares of Itron during the fourth quarter valued at about $67,000. Hedge funds and other institutional investors own 96.19% of the company's stock.
Insider Activity
In other news, CAO David Marshall Wright sold 317 shares of the company's stock in a transaction 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 completion of the sale, the chief accounting officer now owns 8,108 shares of the company's stock, valued at approximately $753,233.20. This represents a 3.76 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Mary C. Hemmingsen sold 750 shares of the company's stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $107.27, for a total transaction 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. This trade represents a 11.76 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 4,037 shares of company stock valued at $385,815. Corporate insiders own 1.45% of the company's stock.
Itron Company Profile
(
Get Free Report)
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.
Further Reading
Before you consider Itron, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Itron wasn't on the list.
While Itron currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
