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

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

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.

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.

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

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.

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.

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.

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.

Some companies that are related to Itron include Teradyne (TER), Cohu (COHU), Allied Motion Technologies (AMOT), Exfo (EXFO), Transcat (TRNS), Frequency Electronics (FEIM), Data I/O (DAIO), Aehr Test Systems (AEHR), Giga-tronics (GIGA), Reliability (RLBY), Analogic (ALOG) and LTX-Credence (XCRA).

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.

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.

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.

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.

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

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.

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

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]