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S&P 500   4,554.89
DOW   35,416.98
QQQ   390.19
Alibaba is down more than 10% since earnings, now what?
Secure your stake in the Smart Home industry. (Ad)
5 stocks for the Christmas wishlist: Hoping for a pullback
Teva Pharma is the way to play the re-rise of generic drugs
Secure your stake in the Smart Home industry. (Ad)
Lemonade nears breakout, short interest surges, analysts bearish
ULTA stock is setting up to swing for the fences
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Li Auto smashes estimates proving EVs can be profitable
Get ready for Christmas shopping-sprees with these 2 winners
S&P 500   4,554.89
DOW   35,416.98
QQQ   390.19
Alibaba is down more than 10% since earnings, now what?
Secure your stake in the Smart Home industry. (Ad)
5 stocks for the Christmas wishlist: Hoping for a pullback
Teva Pharma is the way to play the re-rise of generic drugs
Secure your stake in the Smart Home industry. (Ad)
Lemonade nears breakout, short interest surges, analysts bearish
ULTA stock is setting up to swing for the fences
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Li Auto smashes estimates proving EVs can be profitable
Get ready for Christmas shopping-sprees with these 2 winners
S&P 500   4,554.89
DOW   35,416.98
QQQ   390.19
Alibaba is down more than 10% since earnings, now what?
Secure your stake in the Smart Home industry. (Ad)
5 stocks for the Christmas wishlist: Hoping for a pullback
Teva Pharma is the way to play the re-rise of generic drugs
Secure your stake in the Smart Home industry. (Ad)
Lemonade nears breakout, short interest surges, analysts bearish
ULTA stock is setting up to swing for the fences
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Li Auto smashes estimates proving EVs can be profitable
Get ready for Christmas shopping-sprees with these 2 winners

Itron Stock Price, News & Analysis (NASDAQ:ITRI)

$65.66
-0.98 (-1.47%)
(As of 11/28/2023 ET)
Compare
Today's Range
$65.63
$66.58
50-Day Range
$56.81
$66.76
52-Week Range
$49.19
$79.99
Volume
170,878 shs
Average Volume
304,703 shs
Market Capitalization
$2.99 billion
P/E Ratio
40.28
Dividend Yield
N/A
Price Target
$71.89

Itron MarketRank™ Stock Analysis

Analyst Rating
Hold
2.45 Rating Score
Upside/​Downside
9.5% Upside
$71.89 Price Target
Short Interest
Bearish
3.06% of Float Sold Short
Dividend Strength
N/A
Sustainability
+0.70
Upright™ Environmental Score
News Sentiment
0.94mentions of Itron in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$10,876 Sold Last Quarter
Proj. Earnings Growth
5.21%
From $2.88 to $3.03 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.00 out of 5 stars

Computer And Technology Sector

383rd out of 597 stocks

Instruments To Measure Electricity Industry

5th out of 7 stocks


ITRI stock logo

About Itron Stock (NASDAQ:ITRI)

Itron, Inc., a technology and service company, provides end-to-end solutions that help manage operations in the energy, water, and smart city space worldwide. It 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 value-added, 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 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. It offers its products and services under the Itron brand. The company markets its products directly through its sales force, as well as through indirect sales force consisting of distributors, agents, partners, and meter manufacturer representatives to utilities and municipalities. Itron, Inc. was incorporated in 1977 and is headquartered in Liberty Lake, Washington.

ITRI Stock Price History

ITRI Stock News Headlines

Itron, Inc.: Maintaining BUY after strong 3Q
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Is Itron, Inc. (NASDAQ:ITRI) Trading At A 34% Discount?
Itron (ITRI) Gains 30.8% YTD: Will the Upward Trend Last?
Why Itron (ITRI) is a Top Value Stock for the Long-Term
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Itron: Q3 Earnings Beat Reinforces My Bullish View
Itron (NASDAQ: ITRI)
Can Itron (ITRI) Run Higher on Rising Earnings Estimates?
Itron Inc (ITRI) Reports 33% Revenue Increase in Q3 2023
Itron: Q3 Earnings Snapshot
Itron Announces Third Quarter 2023 Financial Results
Itron Q3 2023 Earnings Preview
CDW Gears Up to Report Q3 Earnings: What's in the Offing?
See More Headlines
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Company Calendar

Last Earnings
11/02/2023
Today
11/28/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/26/2024

Industry, Sector and Symbol

Industry
Instruments to measure electricity
Sub-Industry
Electronic Equipment & Instruments
Current Symbol
NASDAQ:ITRI
CUSIP
46574110
Employees
5,477
Year Founded
1977

Price Target and Rating

Average Stock Price Target
$71.89
High Stock Price Target
$95.00
Low Stock Price Target
$45.00
Potential Upside/Downside
+9.5%
Consensus Rating
Hold
Rating Score (0-4)
2.45
Research Coverage
11 Analysts

Profitability

Net Income
$-9,730,000.00
Pretax Margin
4.30%

Debt

Sales & Book Value

Annual Sales
$1.80 billion
Cash Flow
$3.49 per share
Book Value
$26.38 per share

Miscellaneous

Free Float
44,824,000
Market Cap
$2.99 billion
Optionable
Optionable
Beta
1.33

Social Links

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ITRI Stock Analysis - Frequently Asked Questions

Should I buy or sell Itron stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Itron in the last year. There are currently 1 sell rating, 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" ITRI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ITRI, but not buy additional shares or sell existing shares.
View ITRI analyst ratings
or view top-rated stocks.

What is Itron's stock price target for 2024?

11 brokers have issued 1 year price targets for Itron's shares. Their ITRI share price targets range from $45.00 to $95.00. On average, they anticipate the company's stock price to reach $71.89 in the next twelve months. This suggests a possible upside of 9.5% from the stock's current price.
View analysts price targets for ITRI
or view top-rated stocks among Wall Street analysts.

How have ITRI shares performed in 2023?

Itron's stock was trading at $50.65 at the beginning of the year. Since then, ITRI stock has increased by 29.6% and is now trading at $65.66.
View the best growth stocks for 2023 here
.

Are investors shorting Itron?

Itron saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 1,380,000 shares, an increase of 6.2% from the October 31st total of 1,300,000 shares. Based on an average daily trading volume, of 333,100 shares, the short-interest ratio is currently 4.1 days. Currently, 3.1% of the company's shares are short sold.
View Itron's Short Interest
.

When is Itron's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, February 26th 2024.
View our ITRI earnings forecast
.

How were Itron's earnings last quarter?

Itron, Inc. (NASDAQ:ITRI) announced its quarterly earnings data on Thursday, November, 2nd. The scientific and technical instruments company reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.47. The scientific and technical instruments company earned $560.77 million during the quarter, compared to analyst estimates of $540.78 million. Itron had a net margin of 3.62% and a trailing twelve-month return on equity of 10.61%.

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

Itron issued an update on its fourth quarter earnings guidance on Thursday, November, 2nd. The company provided earnings per share guidance of $0.70-0.80 for the period, compared to the consensus EPS estimate of $0.53. The company issued revenue guidance of $565-575 million, compared to the consensus revenue estimate of $549.87 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 a number of institutional and retail investors. Top institutional investors include Invesco Ltd. (2.79%), Robeco Schweiz AG (1.77%), Schroder Investment Management Group (1.63%), Vontobel Holding Ltd. (1.53%), Guinness Asset Management LTD (1.40%) and Northern Trust Corp (1.18%). Insiders that own company stock include Christopher E Ware, Donald L Reeves III, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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 11/29/2023 by MarketBeat.com Staff

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