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

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$51.73 +0.33 (+0.64 %)
(As of 04/25/2019 03:45 AM ET)
Previous Close$51.40
Today's Range$50.8450 - $52.20
52-Week Range$44.35 - $69.35
Volume165,335 shs
Average Volume279,588 shs
Market Capitalization$2.06 billion
P/E Ratio19.52
Dividend YieldN/A
Beta1.32
Itron, Inc., a technology and service company, provides end-to-end solutions that measures, manages, and analyzes energy and water use worldwide. The company operates through three segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing. The Networked Solutions segment provides a combination of communicating devices, such as smart meters, modules, endpoints, and sensors; network infrastructure; and associated application software for acquiring and transporting application-specific data. The Outcomes segment offers enhanced software and services for managing, organizing, analyzing, and interpreting data to enhance decision making, maximize operational profitability, drive resource efficiency, and deliver results for consumers, utilities, and smart cities. In addition, it offers software implementation, project management, installation, consulting, and post-sale maintenance support services, as well as cloud and software-as-a-service; and extended or non-customary warranties. The company 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. Itron, Inc. was founded in 1977 and is headquartered in Liberty Lake, Washington.

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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$2.38 billion
Cash Flow$6.1583 per share
Book Value$18.62 per share

Profitability

Net Income$-99,250,000.00

Miscellaneous

Employees8,000
Market Cap$2.06 billion
Next Earnings Date5/6/2019 (Confirmed)
OptionableOptionable

Itron (NASDAQ:ITRI) Frequently Asked Questions

What is Itron's stock symbol?

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

How were Itron's earnings last quarter?

Itron, Inc. (NASDAQ:ITRI) posted its earnings results on Wednesday, February, 27th. The scientific and technical instruments company reported $0.88 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.68 by $0.20. The scientific and technical instruments company earned $587 million during the quarter, compared to the consensus estimate of $600.73 million. Itron had a positive return on equity of 14.92% and a negative net margin of 4.18%. Itron's revenue was up 6.6% on a year-over-year basis. During the same quarter last year, the company earned $1.01 EPS. View Itron's Earnings History.

When is Itron's next earnings date?

Itron is scheduled to release their next quarterly earnings announcement on Monday, May 6th 2019. View Earnings Estimates for Itron.

How can I listen to Itron's earnings call?

Itron will be holding an earnings conference call on Monday, May 6th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

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

Itron updated its FY19 earnings guidance on Wednesday, February, 27th. The company provided earnings per share (EPS) guidance of $2.35-2.75 for the period, compared to the Thomson Reuters consensus estimate of $3.26. The company issued revenue guidance of $2.35-2.75 billion, compared to the consensus revenue estimate of $2.50 billion.Itron also updated its FY 2019 guidance to $2.35-2.75 EPS.

What price target have analysts set for ITRI?

8 Wall Street analysts have issued 1 year price targets for Itron's stock. Their forecasts range from $67.00 to $84.00. On average, they expect Itron's share price to reach $71.8750 in the next year. This suggests a possible upside of 38.9% from the stock's current price. View Analyst Price Targets for Itron.

What is the consensus analysts' recommendation for Itron?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Itron in the last year. There are currently 2 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?

News headlines about ITRI stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news 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 coverage optimism score of -1.0 on InfoTrie's scale. They also assigned news headlines about the scientific and technical instruments company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days.

Who are some of Itron's key competitors?

What other stocks do shareholders of Itron own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Itron investors own include Micron Technology (MU), Endologix (ELGX), Chipotle Mexican Grill (CMG), Apache (APA), NVIDIA (NVDA), Nike (NKE), Aegean Marine Petroleum Network (ANW), Paypal (PYPL), Tesla (TSLA) and AbbVie (ABBV).

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)
  • Ms. Sarah Hlavinka, Sr. VP, Gen. Counsel & Corp. Sec. (Age 54)
  • Mr. Michel Charles Cadieux, Sr. VP of HR (Age 62)

Who are Itron's major shareholders?

Itron's stock is owned by many different of institutional and retail investors. Top institutional investors include Foundry Partners LLC (0.62%), Daiwa SB Investments Ltd. (0.57%), Smith Graham & Co. Investment Advisors LP (0.30%), Investec Asset Management LTD (0.13%) and Oppenheimer Asset Management Inc. (0.00%). Company insiders that own Itron stock include Gary E Pruitt, Lynda L Ziegler, Michel Cadieux, 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 Smith Graham & Co. Investment Advisors LP. Company insiders that have sold Itron company stock in the last year include Lynda L Ziegler, Michel Cadieux, Philip Mezey, Scopia Capital Management Lp and Thomas Deitrich. View Insider Buying and Selling for Itron.

Which major investors are buying Itron stock?

ITRI stock was bought by a variety of institutional investors in the last quarter, including Foundry Partners LLC, Daiwa SB Investments Ltd., Investec Asset Management LTD and Oppenheimer Asset Management Inc.. 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 $51.73.

How big of a company is Itron?

Itron has a market capitalization of $2.06 billion and generates $2.38 billion in revenue each year. The scientific and technical instruments company earns $-99,250,000.00 in net income (profit) each year or $2.65 on an earnings per share basis. Itron employs 8,000 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:  422 (Vote Outperform)
Underperform Votes:  467 (Vote Underperform)
Total Votes:  889
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 4/25/2019 by MarketBeat.com Staff

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