Itron (ITRI) to Release Quarterly Earnings on Thursday

Itron (NASDAQ:ITRI - Get Free Report) is expected to release its Q2 2025 earnings data before the market opens on Thursday, July 31st. Analysts expect the company to announce earnings of $1.34 per share and revenue of $610.36 million for the quarter. Itron has set its Q2 2025 guidance at 1.300-1.400 EPS.

Itron (NASDAQ:ITRI - Get Free Report) last posted its earnings results on Thursday, May 1st. The scientific and technical instruments company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.30 by $0.22. The firm had revenue of $607.15 million during the quarter, compared to analyst estimates of $608.86 million. Itron had a net margin of 10.34% and a return on equity of 19.65%. The business's revenue was up .6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.24 EPS. On average, analysts expect Itron to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Itron Stock Up 1.5%

NASDAQ:ITRI traded up $1.98 on Friday, hitting $135.97. The stock had a trading volume of 533,381 shares, compared to its average volume of 464,746. Itron has a 1 year low of $90.11 and a 1 year high of $137.99. The firm's fifty day simple moving average is $126.68 and its two-hundred day simple moving average is $112.25. The stock has a market cap of $6.20 billion, a P/E ratio of 24.81, a price-to-earnings-growth ratio of 0.86 and a beta of 1.35. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.65 and a current ratio of 1.93.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Guggenheim reissued a "buy" rating and issued a $155.00 price objective (up previously from $133.00) on shares of Itron in a research report on Monday, July 14th. TD Cowen increased their price target on shares of Itron from $139.00 to $145.00 and gave the company a "buy" rating in a research report on Friday, June 20th. JPMorgan Chase & Co. lifted their price objective on shares of Itron from $118.00 to $128.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 22nd. Roth Capital boosted their target price on shares of Itron from $130.00 to $150.00 and gave the company a "buy" rating in a research note on Tuesday, July 22nd. Finally, Wall Street Zen cut shares of Itron from a "buy" rating to a "hold" rating in a report on Sunday, June 1st. Four investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $133.17.

Insiders Place Their Bets

In other Itron news, SVP Justin K. Patrick sold 9,036 shares of the company's stock in a transaction that occurred on Tuesday, June 10th. The stock was sold at an average price of $121.77, for a total transaction of $1,100,313.72. Following the completion of the transaction, the senior vice president owned 21,149 shares of the company's stock, valued at $2,575,313.73. This represents a 29.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP John F. Marcolini sold 3,783 shares of Itron stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $116.73, for a total transaction of $441,589.59. Following the sale, the senior vice president directly owned 21,865 shares in the company, valued at $2,552,301.45. The trade was a 14.75% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 20,905 shares of company stock worth $2,439,202. 1.45% of the stock is currently owned by insiders.

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.