Itron (NASDAQ:ITRI) Issues FY 2025 Earnings Guidance

Key Points

• Itron has updated its FY 2025 earnings guidance, projecting earnings per share (EPS) of 6.000-6.200, exceeding the consensus estimate of 5.428.
• The company reported a revenue guidance of $2.4 billion, falling short of the expected $2.5 billion from analysts.
• Following the recent earnings announcements, Itron shares experienced a decline, trading down $11.16 to reach $127.27.

Itron (NASDAQ:ITRI - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 6.000-6.200 for the period, compared to the consensus earnings per share estimate of 5.428. The company issued revenue guidance of $2.4 billion-$2.4 billion, compared to the consensus revenue estimate of $2.5 billion. Itron also updated its Q3 2025 guidance to 1.450-1.550 EPS.

Analyst Ratings Changes

Several research firms recently issued reports on ITRI. TD Cowen boosted their target price on shares of Itron from $139.00 to $145.00 and gave the company a "buy" rating in a research note on Friday, June 20th. Guggenheim restated a "buy" rating and set a $155.00 price objective (up from $133.00) on shares of Itron in a research report on Monday, July 14th. Wall Street Zen cut shares of Itron from a "buy" rating to a "hold" rating in a research report on Sunday, June 1st. JPMorgan Chase & Co. raised their price objective on shares of Itron from $118.00 to $128.00 and gave the company a "neutral" rating in a research note on Tuesday, July 22nd. Finally, Piper Sandler lowered their price objective on shares of Itron from $124.00 to $121.00 and set a "neutral" rating for the company in a research note on Monday, May 5th. Four investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $133.17.

Itron Stock Performance

Shares of Itron stock traded down $11.16 during trading on Thursday, reaching $127.27. The company's stock had a trading volume of 1,499,833 shares, compared to its average volume of 577,694. The company has a 50-day moving average price of $127.56 and a two-hundred day moving average price of $112.68. The firm has a market cap of $5.80 billion, a PE ratio of 23.17, a P/E/G ratio of 0.86 and a beta of 1.35. Itron has a fifty-two week low of $90.11 and a fifty-two week high of $140.04. The company has a current ratio of 1.93, a quick ratio of 1.65 and a debt-to-equity ratio of 0.52.

Itron (NASDAQ:ITRI - Get Free Report) last announced its earnings results on Thursday, July 31st. The scientific and technical instruments company reported $1.62 EPS for the quarter, beating analysts' consensus estimates of $1.33 by $0.29. Itron had a net margin of 10.34% and a return on equity of 19.65%. The firm's quarterly revenue was down .4% on a year-over-year basis. During the same period in the previous year, the business posted $1.21 EPS. On average, analysts forecast that Itron will post 5.33 EPS for the current year.

Insider Buying and Selling

In other news, Director Mary C. Hemmingsen sold 5,150 shares of the company's stock in a transaction on Tuesday, May 6th. The shares were sold at an average price of $108.70, for a total transaction of $559,805.00. Following the transaction, the director directly owned 952 shares of the company's stock, valued at $103,482.40. This represents a 84.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Joan S. Hooper sold 938 shares of the company's stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $114.95, for a total transaction of $107,823.10. Following the transaction, the chief financial officer directly owned 89,364 shares in the company, valued at approximately $10,272,391.80. This trade represents a 1.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 20,905 shares of company stock worth $2,439,202 in the last ninety days. Insiders own 1.45% of the company's stock.

Itron Company Profile

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.

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