Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Itron Inc (ITRI)
NASDAQ:ITRI
Holding ITRI?
Track your performance easily
ITRI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$56.11 - $113.07
Previous Close$102.93
Volume973.93K
Average Volume (3M)619.08K
Market Cap
$4.63B
Enterprise Value$5.00B
Total Cash (Recent Filing)$920.64M
Total Debt (Recent Filing)$1.27B
Price to Earnings (P/E)25.4
Beta1.54
Next Earnings
Oct 31, 2024EPS Estimate
$1.1Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)4.06
Shares Outstanding44,962,799
10 Day Avg. Volume459,127
30 Day Avg. Volume619,082
Standard Deviation0.13
R-Squared0.33
Alpha-0.00306
Financial Highlights & Ratios
Price to Book (P/B)3.73
Price to Sales (P/S)2.00
Price to Cash Flow (P/CF)22.70
P/FCF Ratio25.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.13
Enterprise Value/Gross Profit7.00
Enterprise Value/Ebitda20.06
Forecast
1Y Price Target
$123.10Price Target Upside15.72% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
Itron News
Bulls Say, Bears Say
Bulls Say
AI TechnologyAI technology’s hunger for energy is expected to directly benefit ITRI’s Networks and Outcomes businesses, which give utilities real-time visibility into utilization of their existing assets.
Data Center DemandData center demand is expected to grow over 10% per year and reach 35 gigawatts by 2030, indicating increased market opportunities for Itron.
Grid Management InfrastructureThe widespread implementation of more robust grid management infrastructure bodes well for top-line growth in Itron’s Networked Solutions and Outcomes segments.
Bears Say
Approval Processes'Extra steps in approval processes' with utility lenders are slowing the pace of bookings with some utilities.
Book-to-Bill RatioThe continued trend of a book-to-bill ratio below 1 and a tick up expected implies a softer first half of the year as there is often a 6-12 month lag to commence shipping post approval.
InfrastructureThe upgrade cycle for US utility infrastructure is expected to be insufficient to meet AI-catalyzed demand over the next decade.
---
Ownership Overview
11.50% Insiders
25.74% Mutual Funds
55.45% Other Institutional Investors
7.31% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
ITRI FAQ
What was Itron Inc’s price range in the past 12 months?
Itron Inc lowest stock price was $56.11 and its highest was $113.07 in the past 12 months.
What is Itron Inc’s market cap?
Currently, no data Available
When is Itron Inc’s upcoming earnings report date?
Itron Inc’s upcoming earnings report date is Oct 31, 2024 which is in 41 days.
How were Itron Inc’s earnings last quarter?
Itron Inc released its earnings results on Aug 01, 2024. The company reported $1.21 earnings per share for the quarter, beating the consensus estimate of $0.941 by $0.269.
Is Itron Inc overvalued?
According to Wall Street analysts Itron Inc’s price is currently Undervalued.
Does Itron Inc pay dividends?
Itron Inc does not currently pay dividends.
What is Itron Inc’s EPS estimate?
Itron Inc’s EPS estimate is $1.1.
How many shares outstanding does Itron Inc have?
Itron Inc has 44,962,800 shares outstanding.
What happened to Itron Inc’s price movement after its last earnings report?
Itron Inc reported an EPS of $1.21 in its last earnings report, beating expectations of $0.941. Following the earnings report the stock price went up 4.495%.
Which hedge fund is a major shareholder of Itron Inc?
Among the largest hedge funds holding Itron Inc’s share is Ardsley Advisory Partners. It holds Itron Inc’s shares valued at 22M.
---
Itron Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$123.10 (15.72% Upside)
$123.10 (15.72% Upside)
Blogger Sentiment
Bullish
ITRI Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 277.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $213.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 5.4%
Last 30 Days ▲ 14.5%
Last 30 Days ▲ 14.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
64.58%
12-Months-Change
Fundamentals
Return on Equity
15.35%
Trailing 12-Months
Asset Growth
31.43%
Trailing 12-Months
Company Description
Itron Inc
Itron, Inc. is a technology and services company, which engages in the provision of solutions that measure, manage, and analyze energy and water use. It operates through the following segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment includes hardware products used for measurement, control, or sensing that do not have communications capability embedded for use with its broader Itron systems. The Networked Solutions segment offers a combination of communicating devices, network infrastructure, and associated application software designed and sold as a complete solution for acquiring and transporting robust application-specific data. The Outcomes segment consist of the firm's value-added, enhanced software and services operating segment in which it manage, organize, analyze, and interpret data to improve decision making, maximize operational profitability, drive resource efficiency, and deliver results for consumers, utilities, and smart cities. The company was founded in 1977 and is headquartered in Liberty Lake, WA.
---
ITRI Company Deck
---
ITRI Earnings Call
Q2 2024
0:00 / 0:00
---
ITRI Stock 12 Month Forecast
Average Price Target
$123.10
▲(15.72% Upside)
Technical Analysis
Best Analysts Covering ITRI
1 Year
1 Year Success Rate
16/23 ratings generated profit
1 Year Average Return
+16.58%
assigned a buy rating 2 months ago
Copying Jeff Osborne's trades and holding each position for 1 Year would result in 69.57% of your transactions generating a profit, with an average return of +16.58% per trade.
---