NASDAQ:ITRI - Itron Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$60.11 +0.63 (+1.06 %)
(As of 02/18/2019 01:05 PM ET)
Previous Close$59.48
Today's Range$59.49 - $60.53
52-Week Range$44.35 - $77.40
Volume119,511 shs
Average Volume202,597 shs
Market Capitalization$2.37 billion
P/E Ratio19.64
Dividend YieldN/A
Beta1.25
Itron, Inc., a technology company, provides end-to-end solutions that measures, manages, and analyzes energy and water use worldwide. The company operates through three segments: Electricity, Gas, and Water. It offers standard electromechanical and electronic, gas, and water and heat meters; and smart electricity, gas, and water meters and communication modules. The company also provides prepayment systems, including smart key, keypad, and smart card communication technologies; smart systems, such as handheld, mobile, and fixed network collection technologies; smart network technologies; meter data management software; and knowledge application solutions. In addition, it offers installation and software implementation; professional services comprising consulting and analysis; and project management, installation, and post-sale maintenance support services. The company offers its standard metering systems to measure electricity, natural gas, water, or thermal energy; smart metering systems to collect, store, and transmit meter data to handheld computers, mobile units, telephone, radio frequency, cellular, power line carrier, and fixed networks. Itron, Inc. markets its products directly through its sales force, as well as through indirect sales force consisting of distributors, sales representatives, partners, and meter manufacturer representatives to utilities and municipalities. The company was founded in 1977 and is headquartered in Liberty Lake, Washington.

Receive ITRI News and Ratings via Email

Sign-up to receive the latest news and ratings for ITRI and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Instruments to measure electricity
Sub-IndustryElectronic Equipment & Instruments
SectorComputer and Technology
Current SymbolNASDAQ:ITRI
CUSIP46574110
Phone509-924-9900

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.02 billion
Cash Flow$4.8127 per share
Book Value$20.80 per share

Profitability

Net Income$57.29 million

Miscellaneous

Employees7,800
Market Cap$2.37 billion
OptionableOptionable

Itron (NASDAQ:ITRI) Frequently Asked Questions

What is Itron's stock symbol?

Itron trades on the NASDAQ under the ticker symbol "ITRI."

How will Itron's stock buyback program work?

Itron declared that its board has authorized a stock repurchase plan on Wednesday, April 12th 2017, which authorizes the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 22% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's leadership believes its shares are undervalued.

How were Itron's earnings last quarter?

Itron, Inc. (NASDAQ:ITRI) announced its quarterly earnings data on Monday, August, 6th. The scientific and technical instruments company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.02. The scientific and technical instruments company earned $585.89 million during the quarter, compared to analyst estimates of $592.12 million. Itron had a negative net margin of 5.19% and a positive return on equity of 15.20%. The firm's revenue was up 16.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.71 earnings per share. View Itron's Earnings History.

When is Itron's next earnings date?

Itron is scheduled to release their next quarterly earnings announcement on Wednesday, February 27th 2019. View Earnings Estimates for Itron.

How can I listen to Itron's earnings call?

Itron will be holding an earnings conference call on Wednesday, February 27th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for ITRI?

9 equities research analysts have issued 1 year target prices for Itron's shares. Their predictions range from $68.00 to $84.00. On average, they anticipate Itron's share price to reach $75.1250 in the next twelve months. This suggests a possible upside of 25.0% from the stock's current price. View Analyst Price Targets for Itron.

What is the consensus analysts' recommendation for Itron?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Itron in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Itron.

What are Wall Street analysts saying about Itron stock?

Here are some recent quotes from research analysts about Itron stock:
  • 1. According to Zacks Investment Research, "Itron is witnessing strong bookings and improvement in its backlogs. It is benefiting from growing customer demand, owing to its robust product portfolio. Further, its well-performing gas and network segments are driving its top-line growth. Additionally, buyout of Silver Spring Networks is contributing well to the network segment’s growth. However, component shortages and extended lead times remain major concerns for the company. Also, it is currently suffering from inefficiencies in the global supply chain. Moreover, the elevated costs related to this poses serious risk to the company’s margin expansion. Further, sluggish industrial and commercial shipments in Latin America and Asia Pacific regions are headwinds. Notably, shares of Itron have underperformed the industry in the past one year." (2/4/2019)
  • 2. Canaccord Genuity analysts commented, "With integration of a major competitor (Silver Spring Networks) now underway, we find conditions in place (conservative synergy assumptions, combined competitive positioning, attractive valuation, etc.) to once again become constructive on Itron. Investment highlights We recently hosted European investor meetings with CFO Joan Hooper and VP of Investor Relations Barbara Doyle. In sum, we come away with increased confidence in underlying demand trends, current integration/restructuring efforts, and the prospects for out-year earnings acceleration (i.e. towards $5+ in ’20 without aggressive assumptions). We reiterate our BUY rating." (6/6/2018)

Has Itron been receiving favorable news coverage?

Press coverage about ITRI stock has trended somewhat positive on Monday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Itron earned a news impact score of 1.6 on InfoTrie's scale. They also assigned news stories about the scientific and technical instruments company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days.

Who are some of Itron's key competitors?

Who are Itron's key executives?

Itron's management team includes the folowing people:
  • Mr. Philip C. Mezey, Pres, CEO & Director (Age 59)
  • Ms. Joan S. Hooper, Sr. VP & CFO (Age 61)
  • Mr. Thomas L. Deitrich, Exec. VP & COO (Age 52)
  • Mr. Michel Charles Cadieux, Sr. VP of HR (Age 62)
  • Mr. Robert Farrow, VP of Treasury & Strategic Planning (Age 61)

Who are Itron's major shareholders?

Itron's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.43%), Impax Asset Management Group plc (6.38%), Dimensional Fund Advisors LP (2.60%), Bank of New York Mellon Corp (2.08%), Frontier Capital Management Co. LLC (2.02%) and Marcato Capital Management LP (1.51%). Company insiders that own Itron stock include Gary E Pruitt, Lynda L Ziegler, Philip Mezey, Scopia Capital Management Lp, Shannon M Votava, Thomas Deitrich and Thomas S Glanville. View Institutional Ownership Trends for Itron.

Which major investors are selling Itron stock?

ITRI stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Marcato Capital Management LP, Raymond James & Associates, Millennium Management LLC, KBC Group NV, Robecosam AG, First Trust Advisors LP and Investec Asset Management LTD. Company insiders that have sold Itron company stock in the last year include Lynda L Ziegler, Philip Mezey, Scopia Capital Management Lp, Shannon M Votava and Thomas S Glanville. View Insider Buying and Selling for Itron.

Which major investors are buying Itron stock?

ITRI stock was purchased by a variety of institutional investors in the last quarter, including Impax Asset Management Group plc, Gotham Asset Management LLC, United Services Automobile Association, Daiwa SB Investments Ltd., Geode Capital Management LLC, Bank of America Corp DE, New York State Common Retirement Fund and Dimensional Fund Advisors LP. Company insiders that have bought Itron stock in the last two years include Gary E Pruitt and Scopia Capital Management Lp. View Insider Buying and Selling for Itron.

How do I buy shares of Itron?

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

What is Itron's stock price today?

One share of ITRI stock can currently be purchased for approximately $60.11.

How big of a company is Itron?

Itron has a market capitalization of $2.37 billion and generates $2.02 billion in revenue each year. The scientific and technical instruments company earns $57.29 million in net income (profit) each year or $3.06 on an earnings per share basis. Itron employs 7,800 workers across the globe.

What is Itron's official website?

The official website for Itron is http://www.itron.com.

How can I contact Itron?

Itron's mailing address is 2111 N MOLTER ROAD, LIBERTY LAKE WA, 99019. The scientific and technical instruments company can be reached via phone at 509-924-9900 or via email at [email protected]


MarketBeat Community Rating for Itron (NASDAQ ITRI)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  411 (Vote Outperform)
Underperform Votes:  456 (Vote Underperform)
Total Votes:  867
MarketBeat's community ratings are surveys of what our community members think about Itron and other stocks. Vote "Outperform" if you believe ITRI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ITRI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/18/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel