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NASDAQ:ITRI

Itron (ITRI) Stock Price, News & Analysis

$109.54
+2.44 (+2.28%)
(As of 05/24/2024 04:00 PM ET)
Today's Range
$107.02
$110.59
50-Day Range
$87.07
$109.64
52-Week Range
$56.11
$110.59
Volume
329,500 shs
Average Volume
426,406 shs
Market Capitalization
$5.02 billion
P/E Ratio
31.48
Dividend Yield
N/A
Price Target
$104.18

Itron MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.62 Rating Score
Upside/​Downside
4.9% Downside
$104.18 Price Target
Short Interest
Healthy
3.29% of Shares Sold Short
Dividend Strength
N/A
Sustainability
0.70
Upright™ Environmental Score
News Sentiment
0.28mentions of Itron in the last 14 days
Based on 18 Articles This Week
Insider Trading
Selling Shares
$1.98 M Sold Last Quarter
Proj. Earnings Growth
10.89%
From $3.95 to $4.38 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.37 out of 5 stars

Computer And Technology Sector

117th out of 595 stocks

Instruments To Measure Electricity Industry

2nd out of 10 stocks

ITRI stock logo

About Itron Stock (NASDAQ:ITRI)

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. The Networked Solutions segment provides communicating devices, such as smart meters, modules, endpoints, and sensors; network infrastructure; and associated heat-end management and application software for acquiring and transporting application-specific data. This segment also offers industrial internet of things solutions. Including automated meter reading; advanced metering infrastructure for electricity, water, and gas; distributed energy resource management; smart grid and distribution automation; smart street lighting; and leak detection and applications for gas and water systems. The Outcomes segment provides value-added, enhanced software and services, artificial intelligence, and machine learning for managing, organizing, analyzing, and interpreting data to enhance decision making, maximize operational profitability, resource efficiency, grid analytics, and deliver results for consumers, utilities, and smart cities. In addition, it offers implementation, project management, installation, consulting, and post-sale maintenance support services, as well as cloud and software-as-a-service; and extended or customer-specific warranties. The company offers its products and services under the Itron brand. It serves utility and smart city customers, and municipalities through its sales force, distributors, agents, partners, and meter manufacturer representatives. Itron, Inc. was incorporated in 1977 and is headquartered in Liberty Lake, Washington.

ITRI Stock Price History

ITRI Stock News Headlines

Itron (NASDAQ:ITRI) Reaches New 12-Month High at $110.43
Itron (NASDAQ:ITRI) Downgraded by Piper Sandler
Analyst Expectations For Itron's Future
Seaport Global Reaffirms Their Buy Rating on Itron (ITRI)
Itron earnings preview: what to expect
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Today
5/27/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Instruments to measure electricity
Sub-Industry
Electronic Equipment & Instruments
Current Symbol
NASDAQ:ITRI
CUSIP
46574110
Employees
5,859
Year Founded
1977

Price Target and Rating

Average Stock Price Target
$104.18
High Stock Price Target
$115.00
Low Stock Price Target
$81.00
Potential Upside/Downside
-4.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.62
Research Coverage
13 Analysts

Profitability

Net Income
$96.92 million
Pretax Margin
8.97%

Debt

Sales & Book Value

Annual Sales
$2.17 billion
Cash Flow
$4.69 per share
Book Value
$29.27 per share

Miscellaneous

Free Float
45,204,000
Market Cap
$5.02 billion
Optionable
Optionable
Beta
1.38

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ITRI Stock Analysis - Frequently Asked Questions

Should I buy or sell Itron stock right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Itron in the last twelve months. There are currently 5 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ITRI shares.
View ITRI analyst ratings
or view top-rated stocks.

What is Itron's stock price target for 2024?

13 Wall Street research analysts have issued 1-year price objectives for Itron's shares. Their ITRI share price targets range from $81.00 to $115.00. On average, they anticipate the company's stock price to reach $104.18 in the next year. This suggests that the stock has a possible downside of 4.9%.
View analysts price targets for ITRI
or view top-rated stocks among Wall Street analysts.

How have ITRI shares performed in 2024?

Itron's stock was trading at $75.51 on January 1st, 2024. Since then, ITRI shares have increased by 45.1% and is now trading at $109.54.
View the best growth stocks for 2024 here
.

When is Itron's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our ITRI earnings forecast
.

How were Itron's earnings last quarter?

Itron, Inc. (NASDAQ:ITRI) issued its quarterly earnings data on Thursday, May, 2nd. The scientific and technical instruments company reported $1.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.85 by $0.39. The scientific and technical instruments company had revenue of $603.44 million for the quarter, compared to the consensus estimate of $579.49 million. Itron had a net margin of 7.03% and a trailing twelve-month return on equity of 14.51%. The company's quarterly revenue was up 22.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.49 EPS.

What guidance has Itron issued on next quarter's earnings?

Itron updated its second quarter 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share (EPS) guidance of 0.900-1.000 for the period, compared to the consensus EPS estimate of 0.850. The company issued revenue guidance of $595.0 million-$605.0 million, compared to the consensus revenue estimate of $583.6 million.

What is Tom Deitrich's approval rating as Itron's CEO?

3 employees have rated Itron Chief Executive Officer Tom Deitrich on Glassdoor.com. Tom Deitrich has an approval rating of 100% among the company's employees. This puts Tom Deitrich in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Itron own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Itron investors own include NVIDIA (NVDA), Micron Technology (MU), AbbVie (ABBV), Advanced Micro Devices (AMD), Applied Materials (AMAT), QUALCOMM (QCOM), Xilinx (XLNX), Intel (INTC), AT&T (T) and Tesla (TSLA).

Who are Itron's major shareholders?

Itron's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (12.43%), PGGM Investments (1.61%), Robeco Schweiz AG (1.40%), Janus Henderson Group PLC (1.18%), Silvercrest Asset Management Group LLC (0.87%) and Pinnacle Associates Ltd. (0.87%). Insiders that own company stock include Christopher E Ware, Donald L Reeves III, Jerome J Lande, Joan S Hooper, John F Marcolini, John F Marcolini, Lynda L Ziegler, Michel Cadieux, Sarah E Hlavinka, Thomas Deitrich and Thomas S Glanville.
View institutional ownership trends
.

How do I buy shares of Itron?

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

Does Itron have any subsidiaries?
The following companies are subsidiares of Itron: Allmess GmbH, Arabian Metering Company, Asais Conseil S.A.S., Asais S.A.S, Compañía Chilena de Medición S.A., Comverge International Ltd., Comverge Japan K.K., Comverge South Africa PTY Ltd., Ganz Meter Company Ltd., Itron Argentina S.A., Itron Australasia Pty Limited, Itron Austria GmbH, Itron Belgium SA, Itron Brazil I LLC, Itron Brazil II LLC, Itron Canada Inc., Itron China Gas Holding Co. Ltd., Itron Czech Republic s.r.o., Itron Denmark ApS, Itron Development UK Ltd., Itron Distribución S.A. de C.V., Itron France S.A.S., Itron Global SARL, Itron GmbH, Itron Holding France S.A.S., Itron Holding Germany GmbH, Itron Imobiliaria Unipessoal LDA., Itron India Private Limited, Itron International Inc., Itron Italia SpA, Itron Japan Co. Ltd., Itron LLC, Itron Labs Kft, Itron Management Services Ireland Limited, Itron Measurement and Systems (Proprietary) Limited, Itron Metering Solutions (Suzhou) Co. Ltd., Itron Metering Solutions (Thailand) Co. Ltd., Itron Metering Solutions India Private Limited, Itron Metering Solutions Luxembourg SARL, Itron Metering Solutions UK Ltd., Itron Metering Systems (Suzhou) Co. Ltd., Itron Metering Systems Singapore Pte Ltd., Itron Middle East LLC, Itron Nederland B.V., Itron Networked Solutions Inc., Itron New Zealand Limited, Itron Polska SP ZOO, Itron Portugal Unipessoal LDA., Itron Servicios S.A. de C.V., Itron Sistemas de Medição Lda., Itron Sistemas e Tecnologia Ltda, Itron Soluções para Energia e Àgua Ltda., Itron Spain SLU, Itron Sweden AB, Itron Ukraine, Itron Ukrgas Meters Company (J.V. Majority), Itron Unterstutzungseinrichtung GmbH, Itron Unterstutzungskasse GmbH, Itron Zähler & Systemtechnik GmbH, Metertek Sdn Bhd (J.V. 100% indirectly owned), PT Mecoindo (J.V.), Royal Cautivo Insurance Inc., SEWA GmbH, Silver Spring, Silver Spring Networks (UK) Limited, Silver Spring Networks FZ-LLC, Silver Spring Networks Holdings LLC, Silver Spring Networks Hong Kong Limited, Silver Spring Networks India LLP, Silver Spring Networks International Limited, Silver Spring Networks Mayalsia Sdn. Bhd., Silver Spring Networks Pty Limited, Silver Spring Networks Smart Grid Sociedade Unipessoal Lda., Silver Spring Networks Wireless Trading Middle East LLC, and Temetra Limited.
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This page (NASDAQ:ITRI) was last updated on 5/27/2024 by MarketBeat.com Staff

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