NASDAQ:ITRI - Itron Stock Price, Price Target & More

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$60.70 -0.30 (-0.49 %)
(As of 07/16/2018 10:42 AM ET)
Previous Close$60.55
Today's Range$60.55 - $60.90
52-Week Range$56.70 - $79.95
Volume900 shs
Average Volume267,287 shs
Market Capitalization$2.39 billion
P/E Ratio23.28
Dividend YieldN/A
Beta0.96
Itron logoItron, 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.

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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 Ratio1.57
Current Ratio1.46
Quick Ratio1.13

Price-To-Earnings

Trailing P/E Ratio23.28
Forward P/E Ratio20.30
P/E Growth0.98

Sales & Book Value

Annual Sales$2.02 billion
Price / Sales1.18
Cash Flow$4.7459 per share
Price / Cash12.79
Book Value$20.80 per share
Price / Book2.92

Profitability

EPS (Most Recent Fiscal Year)$3.06
Net Income$57.29 million
Net Margins-4.85%
Return on Equity13.59%
Return on Assets4.90%

Miscellaneous

Employees7,800
Outstanding Shares39,200,000
Market Cap$2,391.32

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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 declared that its board has authorized a stock repurchase program 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 reacquire up to 22% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board believes its stock is undervalued.

How were Itron's earnings last quarter?

Itron, Inc. (NASDAQ:ITRI) issued its earnings results on Monday, May, 14th. The scientific and technical instruments company reported $0.13 EPS for the quarter, hitting analysts' consensus estimates of $0.13. The scientific and technical instruments company had revenue of $607 million for the quarter, compared to the consensus estimate of $575.74 million. Itron had a negative net margin of 4.85% and a positive return on equity of 13.59%. Itron's revenue was up 27.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.57 EPS. View Itron's Earnings History.

What price target have analysts set for ITRI?

10 Wall Street analysts have issued twelve-month target prices for Itron's stock. Their forecasts range from $77.00 to $108.00. On average, they anticipate Itron's stock price to reach $84.7778 in the next twelve months. This suggests a possible upside of 39.4% from the stock's current price. View Analyst Ratings for Itron.

What is the consensus analysts' recommendation for Itron?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Itron in the last year. There are currently 3 hold ratings, 5 buy ratings and 2 strong buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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 will gain from robust backlog and new contracts reflecting strong industry demand for new technologies. Its Silver Spring acquisition will also aid backlog strength. The integration of Silver Spring is progressing well and the company confirmed $50 million of run rate cost synergies by the end of 2020. The new restructuring plan will also optimize manufacturing operations and product development. However, industry supply chain headwinds and pricing issues will hurt margin performance in second-quarter 2018. Further, the effective tax rate in each quarter will vary from the annual guidance, which might impact the company's earnings. Further, elevated costs related to supply-chain transitions will mar earnings. Itron's results will also be hurt by elevated restructuring expense, fluctuation in currency rates and intense competition. Moreover, the stock has underperformed the industry, over the past year." (6/18/2018)
  • 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?

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)
  • Ms. Shannon M. Votava, Sr. VP, Gen. Counsel & Corp. Sec. (Age 58)
  • Mr. Michel Charles Cadieux, Sr. VP of HR (Age 61)

Has Itron been receiving favorable news coverage?

Press coverage about ITRI stock has been trending somewhat positive recently, according to Accern. The research group scores the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Itron earned a media sentiment score of 0.09 on Accern's scale. They also gave news articles about the scientific and technical instruments company an impact score of 45.96 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Who are Itron's major shareholders?

Itron's stock is owned by a number of of institutional and retail investors. Top institutional investors include Daiwa SB Investments Ltd. (0.25%), Bank of Montreal Can (0.06%) and National Investment Services Inc. WI (0.03%). 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, Thomas S Glanville and William Mark Schmitz. 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 purchased by a variety of institutional investors in the last quarter, including Daiwa SB Investments Ltd. and National Investment Services Inc. WI. 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 $60.80.

How big of a company is Itron?

Itron has a market capitalization of $2.39 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.

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:  373 (Vote Outperform)
Underperform Votes:  415 (Vote Underperform)
Total Votes:  788
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 7/16/2018 by MarketBeat.com Staff

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