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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Instruments to measure electricity
Sub-IndustryElectronic Equipment & Instruments
SectorComputer and Technology
SymbolNASDAQ:ITRI
CUSIP46574110
Phone509-924-9900
Debt
Debt-to-Equity Ratio1.61
Current Ratio1.51
Quick Ratio1.18
Price-To-Earnings
Trailing P/E Ratio17.58
Forward P/E Ratio19.28
P/E Growth1.09
Sales & Book Value
Annual Sales$2.02 billion
Price / Sales1.05
Cash Flow$3.9955 per share
Price / Cash13.46
Book Value$20.80 per share
Price / Book2.59
Profitability
EPS (Most Recent Fiscal Year)$3.06
Net Income$57.29 million
Net Margins-5.18%
Return on Equity12.86%
Return on Assets4.12%
Miscellaneous
Employees7,800
Outstanding Shares39,300,000
Market Cap$2.52 billion
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 announced that its board has authorized a stock buyback plan on Wednesday, April 12th 2017, which permits the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 22% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's board believes its shares are undervalued.
How were Itron's earnings last quarter?
Itron, Inc. (NASDAQ:ITRI) issued its quarterly earnings data on Monday, August, 6th. The scientific and technical instruments company reported $0.51 earnings per share for the quarter, topping analysts' consensus estimates of $0.49 by $0.02. The scientific and technical instruments company earned $585.89 million during the quarter, compared to the consensus estimate of $592.12 million. Itron had a negative net margin of 5.18% and a positive return on equity of 12.86%. The company's revenue for the quarter was up 16.5% compared to the same quarter last year. During the same period last year, the company posted $0.71 EPS. View Itron's Earnings History.
When is Itron's next earnings date?
What guidance has Itron issued on next quarter's earnings?
Itron issued an update on its FY18 earnings guidance on Monday, August, 6th. The company provided earnings per share guidance of $2.75-2.90 for the period, compared to the Thomson Reuters consensus estimate of $2.97. The company issued revenue guidance of $2.425-2.475 billion, compared to the consensus revenue estimate of $2.42 billion.
What price target have analysts set for ITRI?
11 Wall Street analysts have issued 12-month price objectives for Itron's stock. Their forecasts range from $68.00 to $108.00. On average, they expect Itron's share price to reach $80.90 in the next twelve months. This suggests a possible upside of 50.4% from the stock's current price. View Analyst Price Targets for Itron.
What is the consensus analysts' recommendation for Itron?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Itron in the last year. There are currently 2 hold ratings, 7 buy ratings and 2 strong 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 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, mounting general and product development expenses continue to hurt the profitability of the company. Notably, shares of Itron have underperformed the industry it belongs to on a year-to-date basis. Nevertheless, the company is witnessing strong bookings and improvement in its backlogs. It is benefiting from growing customer demand, owing to its robust product portfolio. Additionally, buyout of Silver Spring Networks is contributing well to the network segment’s growth. However, unfavorable product mix continues to affect its major segments negatively and this is a significant headwind." (10/9/2018)
- 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)
Who are some of Itron's key competitors?
Some companies that are related to Itron include Teradyne (TER), Analogic (ALOG), LTX-Credence (XCRA), Cohu (COHU), Allied Motion Technologies (AMOT), Exfo (EXFO), Transcat (TRNS), Frequency Electronics (FEIM), Aehr Test Systems (AEHR), Data I/O (DAIO), Giga-tronics (GIGA) and Reliability (RLBY).
Who are Itron's key executives?
Itron's management team includes the folowing people:
- Mr. Philip C. Mezey, Pres, CEO & Director (Age 58)
- Ms. Joan S. Hooper, Sr. VP & CFO (Age 60)
- Mr. Thomas L. Deitrich, Exec. VP & COO (Age 51)
- Mr. Michel Charles Cadieux, Sr. VP of HR (Age 61)
- Mr. Robert Farrow, VP of Treasury & Strategic Planning (Age 60)
Who are Itron's major shareholders?
Itron's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Daiwa SB Investments Ltd. (0.44%) and Bank of Montreal Can (0.02%). Company insiders that own Itron stock include Daniel S Pelino, Jon E Eliassen, 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 Bank of Montreal Can. Company insiders that have sold Itron company stock in the last year include Lynda L Ziegler, Philip Mezey, Shannon M Votava, Thomas Deitrich and Thomas S Glanville. View Insider Buying and Selling for Itron.
Which major investors are buying Itron stock?
ITRI stock was acquired by a variety of institutional investors in the last quarter, including Daiwa SB Investments Ltd.. Company insiders that have bought Itron stock in the last two years include Daniel S Pelino 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 $53.78.
How big of a company is Itron?
Itron has a market capitalization of $2.52 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?
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)
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.
