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NASDAQ:ITRI

Itron (ITRI) Stock Price, News & Analysis

Itron logo
$107.07 +1.71 (+1.62%)
As of 04:00 PM Eastern

About Itron Stock (NASDAQ:ITRI)

Key Stats

Today's Range
$105.61
$107.25
50-Day Range
$103.36
$119.29
52-Week Range
$71.00
$124.90
Volume
412,780 shs
Average Volume
448,340 shs
Market Capitalization
$4.83 billion
P/E Ratio
21.94
Dividend Yield
N/A
Price Target
$123.92
Consensus Rating
Moderate Buy

Company Overview

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. The Networked Solutions segment provides communicating devices, such as smart meters, modules, endpoints, and sensors; network infrastructure; and associated heat-end management and application software for acquiring and transporting application-specific data. This segment also offers industrial internet of things solutions. Including automated meter reading; advanced metering infrastructure for electricity, water, and gas; distributed energy resource management; smart grid and distribution automation; smart street lighting; and leak detection and applications for gas and water systems. The Outcomes segment provides value-added, enhanced software and services, artificial intelligence, and machine learning for managing, organizing, analyzing, and interpreting data to enhance decision making, maximize operational profitability, resource efficiency, grid analytics, and deliver results for consumers, utilities, and smart cities. In addition, it offers implementation, project management, installation, consulting, and post-sale maintenance support services, as well as cloud and software-as-a-service; and extended or customer-specific warranties. The company offers its products and services under the Itron brand. It serves utility and smart city customers, and municipalities through its sales force, distributors, agents, partners, and meter manufacturer representatives. Itron, Inc. was incorporated in 1977 and is headquartered in Liberty Lake, Washington.

Itron Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
96th Percentile Overall Score

ITRI MarketRank™: 

Itron scored higher than 96% of companies evaluated by MarketBeat, and ranked 51st out of 675 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Itron has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 9 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Itron has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Itron's stock forecast and price target.
  • Earnings Growth

    Earnings for Itron are expected to decrease by -9.01% in the coming year, from $5.33 to $4.85 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Itron is 21.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.77.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Itron is 21.94, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 236.35.

  • Price to Earnings Growth Ratio

    Itron has a PEG Ratio of 0.87. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Itron has a P/B Ratio of 3.66. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Itron's valuation and earnings.
  • Percentage of Shares Shorted

    7.11% of the float of Itron has been sold short.
  • Short Interest Ratio / Days to Cover

    Itron has a short interest ratio ("days to cover") of 6.7.
  • Change versus previous month

    Short interest in Itron has recently decreased by 11.20%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Itron does not currently pay a dividend.

  • Dividend Growth

    Itron does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    7.11% of the float of Itron has been sold short.
  • Short Interest Ratio / Days to Cover

    Itron has a short interest ratio ("days to cover") of 6.7.
  • Change versus previous month

    Short interest in Itron has recently decreased by 11.20%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Itron has a news sentiment score of 1.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for Itron this week, compared to 8 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Itron insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $9,613.00 in company stock.

  • Percentage Held by Insiders

    Only 1.45% of the stock of Itron is held by insiders.

  • Percentage Held by Institutions

    96.19% of the stock of Itron is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Itron's insider trading history.
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ITRI Stock News Headlines

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ITRI Stock Analysis - Frequently Asked Questions

Itron's stock was trading at $108.58 at the beginning of the year. Since then, ITRI stock has decreased by 1.4% and is now trading at $107.07.
View the best growth stocks for 2025 here
.

Itron, Inc. (NASDAQ:ITRI) announced its quarterly earnings data on Thursday, October, 31st. The scientific and technical instruments company reported $1.84 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.13 by $0.71. The firm's revenue was up 9.8% on a year-over-year basis.

The following companies are subsidiaries of Itron: Silver Spring, Allmess GmbH, Arabian Metering Company, Asais Conseil S.A.S., Asais S.A.S, Compañía Chilena de Medición S.A., Comverge International Ltd., and more.

Top institutional shareholders of Itron include Assenagon Asset Management S.A. (1.02%), Portman Square Capital LLP, Guinness Asset Management LTD (0.43%) and Perpetual Ltd (0.13%). Insiders that own company stock include Thomas Deitrich, Joan S Hooper, Laurie Ann Pulatie-Hahn, Donald L Reeves III, Christopher E Ware, John F Marcolini, Jerome J Lande and Michel Cadieux.
View institutional ownership trends
.

Shares of ITRI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Itron investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Netflix (NFLX), ServiceNow (NOW) and Palo Alto Networks (PANW).

Company Calendar

Last Earnings
10/31/2024
Today
1/21/2025
Next Earnings (Estimated)
2/25/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Industry
Instruments to measure electricity
Sub-Industry
Electronic Equipment & Instruments
Current Symbol
NASDAQ:ITRI
CUSIP
46574110
Employees
5,859
Year Founded
1977

Price Target and Rating

Average Stock Price Target
$123.92
High Stock Price Target
$136.00
Low Stock Price Target
$105.00
Potential Upside/Downside
+15.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
12 Analysts

Profitability

Net Income
$96.92 million
Pretax Margin
10.98%

Debt

Sales & Book Value

Annual Sales
$2.17 billion
Cash Flow
$4.76 per share
Book Value
$29.27 per share

Miscellaneous

Free Float
44,436,000
Market Cap
$4.82 billion
Optionable
Optionable
Beta
1.47

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This page (NASDAQ:ITRI) was last updated on 1/21/2025 by MarketBeat.com Staff
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