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

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$52.68 -0.26 (-0.49 %)
(As of 11/13/2018 04:00 PM ET)
Previous Close$52.94
Today's Range$52.07 - $54.12
52-Week Range$49.59 - $77.40
Volume266,244 shs
Average Volume273,295 shs
Market Capitalization$2.13 billion
P/E Ratio17.22
Dividend YieldN/A
Beta1.1
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.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Instruments to measure electricity
Sub-IndustryElectronic Equipment & Instruments
SectorComputer and Technology
Current SymbolNASDAQ:ITRI
Previous Symbol
CUSIP46574110
Phone509-924-9900

Debt

Debt-to-Equity Ratio1.41
Current Ratio1.41
Quick Ratio1.07

Price-To-Earnings

Trailing P/E Ratio17.22
Forward P/E Ratio21.41
P/E Growth0.88

Sales & Book Value

Annual Sales$2.02 billion
Price / Sales1.03
Cash Flow$4.6537 per share
Price / Cash11.32
Book Value$20.80 per share
Price / Book2.53

Profitability

EPS (Most Recent Fiscal Year)$3.06
Net Income$57.29 million
Net Margins-5.19%
Return on Equity15.20%
Return on Assets4.38%

Miscellaneous

Employees7,800
Outstanding Shares39,420,000
Market Cap$2.13 billion
OptionableOptionable

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 of Directors has approved a share repurchase program on Wednesday, April 12th 2017, which permits the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 22% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board of directors believes its shares are undervalued.

How were Itron's earnings last quarter?

Itron, Inc. (NASDAQ:ITRI) issued its quarterly earnings data on Monday, November, 5th. The scientific and technical instruments company reported $1.13 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.89 by $0.24. The scientific and technical instruments company earned $595.96 million during the quarter, compared to the consensus estimate of $604.98 million. Itron had a negative net margin of 5.19% and a positive return on equity of 15.20%. The business's revenue for the quarter was up 22.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.77 earnings per share. View Itron's Earnings History.

When is Itron's next earnings date?

Itron is scheduled to release their next quarterly earnings announcement on Wednesday, February 27th 2019. View Earnings Estimates for Itron.

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

Itron updated its FY18 earnings guidance on Monday, November, 5th. The company provided earnings per share guidance of $2.40-2.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.81. The company issued revenue guidance of $2.44 billion, compared to the consensus revenue estimate of prior $2.75-2.90.Itron also updated its FY 2018 guidance to $2.40-2.50 EPS.

What price target have analysts set for ITRI?

10 analysts have issued 12 month price targets for Itron's shares. Their forecasts range from $68.00 to $84.00. On average, they anticipate Itron's share price to reach $77.4444 in the next year. This suggests a possible upside of 47.0% from the stock's current price. View Analyst Price Targets 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." 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 continues to benefit from growing customer demand, owing to its robust product portfolio. Further, contributions from Riva projects and Silver Spring Networks remain positive for the company’s top-line growth. Additionally, the company’s strong position in North America’s water communication space will continue to aid its business growth. Estimates have been stable lately ahead of the company’s Q3 earnings release. The company has positive record of earnings surprises in recent quarters. However, inefficiencies related to global supply chain and elevated costs related to this are major concerns as it poses risk to margin expansion. Moreover, shares of Itron have underperformed the industry it belongs to on a year-to-date basis." (11/13/2018)
  • 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)

Has Itron been receiving favorable news coverage?

News articles about ITRI stock have trended somewhat positive on Tuesday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Itron earned a media sentiment score of 1.3 on InfoTrie's scale. They also gave media stories about the scientific and technical instruments company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future.

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)
  • 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 many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.02%), Dimensional Fund Advisors LP (2.54%), Bank of New York Mellon Corp (2.09%), Frontier Capital Management Co. LLC (2.05%), First Trust Advisors LP (1.20%) and Robecosam AG (1.08%). Company insiders that own Itron stock include 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 institutional investors are selling Itron stock?

ITRI stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, First Trust Advisors LP, Robecosam AG, Prudential Financial Inc., JPMorgan Chase & Co., JPMorgan Chase & Co., Hsbc Holdings PLC and Bank of Montreal Can. Company insiders that have sold Itron company stock in the last year include Lynda L Ziegler, Philip Mezey, Scopia Capital Management Lp, Shannon M Votava, Thomas Deitrich and Thomas S Glanville. View Insider Buying and Selling for Itron.

Which institutional investors are buying Itron stock?

ITRI stock was acquired by a variety of institutional investors in the last quarter, including Daiwa SB Investments Ltd., BlackRock Inc., Mutual of America Capital Management LLC, SG Americas Securities LLC, FMR LLC, Eagle Boston Investment Management Inc., Mirae Asset Global Investments Co. Ltd. and Frontier Capital Management Co. LLC. 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 $52.68.

How big of a company is Itron?

Itron has a market capitalization of $2.13 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?

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:  403 (Vote Outperform)
Underperform Votes:  446 (Vote Underperform)
Total Votes:  849
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 11/13/2018 by MarketBeat.com Staff

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