Itron Company Profile (NASDAQ:ITRI)

About Itron (NASDAQ:ITRI)

Itron logoItron, Inc. (Itron) is a technology and service company. The Company provides solutions that measure, manage and analyze energy and water use. The Company operates through three segments: Electricity, Gas and Water. It provides a portfolio of products, solutions, software and services to electric, gas and water utility customers across the globe. It offers solutions that enable electric and natural gas utilities to build smart grids to manage assets. It offers a product portfolio, including standard meters and smart metering products, systems and services, for applications in the residential and commercial industrial markets for water and heat. The Company operates under the Itron brand across the world. Its Gas and Water manufacturing facilities are located throughout the world, while its Electricity manufacturing facilities are located in Europe, Middle East and Africa (EMEA), and North America.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Scientific & Technical Instruments
  • Sub-Industry: Electronic Equipment & Instruments
  • Symbol: NASDAQ:ITRI
  • CUSIP: 46574110
  • Web:
  • Market Cap: $2.67 billion
  • Outstanding Shares: 38,648,000
Average Prices:
  • 50 Day Moving Avg: $67.29
  • 200 Day Moving Avg: $63.68
  • 52 Week Range: $40.12 - $71.95
  • Trailing P/E Ratio: 71.78
  • Foreward P/E Ratio: 18.97
  • P/E Growth: 1.08
Sales & Book Value:
  • Annual Revenue: $1.99 billion
  • Price / Sales: 1.34
  • Book Value: $17.68 per share
  • Price / Book: 3.91
  • EBIDTA: $218.61 million
  • Net Margins: 1.88%
  • Return on Equity: 15.51%
  • Return on Assets: 6.22%
  • Debt-to-Equity Ratio: 0.41%
  • Current Ratio: 1.73%
  • Quick Ratio: 1.35%
  • Average Volume: 182,908 shs.
  • Beta: 1.15
  • Short Ratio: 4.77

Frequently Asked Questions for Itron (NASDAQ:ITRI)

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 initiated a stock buyback program on Wednesday, April 12th 2017, which authorizes the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 22% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its shares are undervalued.

How were Itron's earnings last quarter?

Itron, Inc. (NASDAQ:ITRI) posted its quarterly earnings results on Wednesday, May, 3rd. The company reported $0.57 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.51 by $0.06. The business had revenue of $477.59 million for the quarter, compared to the consensus estimate of $454.20 million. Itron had a return on equity of 15.51% and a net margin of 1.88%. View Itron's Earnings History.

When will Itron make its next earnings announcement?

Itron is scheduled to release their next quarterly earnings announcement on Wednesday, August, 30th 2017. View Earnings Estimates for Itron.

Where is Itron's stock going? Where will Itron's stock price be in 2017?

7 analysts have issued twelve-month target prices for Itron's shares. Their forecasts range from $50.00 to $81.00. On average, they expect Itron's stock price to reach $70.71 in the next twelve months. View Analyst Ratings for Itron.

What are analysts saying about Itron stock?

Here are some recent quotes from research analysts about Itron stock:

  • 1. According to Zacks Investment Research, "Itron posted adjusted earnings of $0.57 per share in first-quarter 2017, up 30% year over year. Revenues, however, decreased around 4%. Both the figures came ahead of the Zacks Consensus Estimate. Itron is likely to benefit from consistent focus on restructuring strategy, product development, and strong bookings and backlog position. The company anticipates that its investment in the OpenWay Riva IoT solution, and differentiated software and services offerings, combined with ongoing operational discipline, will drive financial results. Further, strong cash flow position and new projects will prove conducive to growth. Moreover, Itron has outperformed the Zacks categorized Electrical Test Equipment industry over the past one year. However, Itron’s performance will be hurt by fluctuation in currency rates. Higher expenses and increased competition will also pose challenges for the company in the near term." (5/18/2017)
  • 2. Needham & Company LLC analysts commented, "Overall, ITRI is executing well to its long-term plan as it pursues uptake of its higher value solutions (i.e. Riva) and drives an improved profitability model. While 2017 might be a flattish top-line year owing to currencies and temporary softness in Water and selective geographies, we point out the sharp expected improvement in earnings. Further as ITRI exits 2017, we expect 2018 revenues to pick up again through won contracts in addition to further margin expansion and earnings growth. Consequently, we remain positive on the ITRI story both near and long-term and raise our target to $74 as our top pick in Advanced Industrial." (3/1/2017)

Who are some of Itron's key competitors?

Who are Itron's key executives?

Itron's management team includes the folowing people:

  • Philip C. Mezey, President, Chief Executive Officer, Director
  • Lynda L. Ziegler, Vice Chairman of the Board
  • Robert H. A. Farrow, Vice President - Strategic Planning, Treasurer
  • Thomas L. Deitrich, Chief Operating Officer, Executive Vice President
  • Shannon M. Votava, Senior Vice President, General Counsel, Corporate Secretary
  • Michel Charles Cadieux, Senior Vice President - Human Resources
  • Kirby A. Dyess, Independent Director
  • Thomas S. Glanville, Independent Director
  • Frank M. Jaehnert, Independent Director
  • Jerome J. Lande, Independent Director

Who owns Itron stock?

Itron's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.32%), Vanguard Group Inc. (9.90%), Harris Associates L P (6.73%), Wellington Management Group LLP (4.66%), Impax Asset Management LTD (3.75%) and Fairpointe Capital LLC (3.16%). Company insiders that own Itron stock include Daniel S Pelino, Jon E Eliassen, Philip Mezey, Scopia Capital Management Lp, Shannon M Votava, Thomas Deitrich, Thomas S Glanville and William Mark Schmitz. View Institutional Ownership Trends for Itron.

Who sold Itron stock? Who is selling Itron stock?

Itron's stock was sold by a variety of institutional investors in the last quarter, including Harris Associates L P, Dimensional Fund Advisors LP, Morgan Stanley, Frontier Capital Management Co. LLC, Fairpointe Capital LLC, Robecosam AG, Oxford Asset Management and JPMorgan Chase & Co.. Company insiders that have sold Itron stock in the last year include Jon E Eliassen, Philip Mezey, Shannon M Votava, Thomas Deitrich, Thomas S Glanville and William Mark Schmitz. View Insider Buying and Selling for Itron.

Who bought Itron stock? Who is buying Itron stock?

Itron's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Wellington Management Group LLP, Vanguard Group Inc., Mesirow Financial Investment Management Equity Management, Ecofin Ltd., Kennedy Capital Management Inc., Impax Asset Management LTD and Credit Agricole S A. 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 Itron stock?

Shares of Itron can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Itron's stock price today?

One share of Itron stock can currently be purchased for approximately $69.05.

MarketBeat Community Rating for Itron (NASDAQ ITRI)
Community Ranking:  2.5 out of 5 (  )
Outperform Votes:  250 (Vote Outperform)
Underperform Votes:  253 (Vote Underperform)
Total Votes:  503
MarketBeat's community ratings are surveys of what our community members think about Itron and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Itron (NASDAQ:ITRI) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.86)
Consensus Price Target: $70.71 (2.41% upside)

Analysts' Ratings History for Itron (NASDAQ:ITRI)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/20/2017GuggenheimInitiated CoverageBuy -> Buy$81.00LowView Rating Details
5/26/2017Canaccord GenuityReiterated RatingBuy$72.00LowView Rating Details
3/9/2017JMP SecuritiesInitiated CoverageMkt Outperform -> Outperform$75.00LowView Rating Details
3/2/2017Robert W. BairdSet Price TargetBuy$73.00N/AView Rating Details
3/1/2017Oppenheimer Holdings, Inc.Set Price TargetBuy$70.00N/AView Rating Details
3/1/2017Needham & Company LLCBoost Price TargetBuy -> Buy$70.00 -> $74.00N/AView Rating Details
9/4/2016Cowen and CompanyReiterated RatingMarket Perform$45.00 -> $50.00N/AView Rating Details
3/3/2016ArgusUpgradeHold -> Buy$48.00N/AView Rating Details
2/18/2016WedbushBoost Price TargetOutperform$42.00 -> $46.00N/AView Rating Details
10/7/2015GabelliInitiated CoverageHold$39.00N/AView Rating Details
(Data available from 6/22/2015 forward)


Earnings History for Itron (NASDAQ:ITRI)
Earnings by Quarter for Itron (NASDAQ:ITRI)
Earnings History by Quarter for Itron (NASDAQ ITRI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2017Q1 2017$0.51$0.57$454.20 million$477.59 millionViewListenView Earnings Details
2/28/2017Q416$0.58$0.68$481.38 million$495.71 millionViewListenView Earnings Details
11/2/2016Q316$0.61$0.77$481.51 million$506.86 millionViewN/AView Earnings Details
9/1/2016Q216$0.43$0.65$469.07 million$513.02 millionViewN/AView Earnings Details
8/11/2016Q116$0.32$0.44$446.75 million$498.00 millionViewN/AView Earnings Details
2/17/2016Q415$0.74$0.76$486.56 million$490.40 millionViewListenView Earnings Details
11/3/2015Q315$0.55$0.43$477.98 million$469.00 millionViewListenView Earnings Details
8/5/2015Q215$0.39($0.38)$450.56 million$470.00 millionViewListenView Earnings Details
5/4/2015Q115$0.25$0.20$441.60 million$448.24 millionViewListenView Earnings Details
2/11/2015Q414$0.39$0.36$49.34 million$510.00 millionViewListenView Earnings Details
11/4/2014Q314$0.36$0.39$479.70 million$496.00 millionViewN/AView Earnings Details
8/5/2014Q214$0.36$0.54$465.61 million$489.00 millionViewN/AView Earnings Details
4/24/2014Q114$0.26$0.31$443.29 million$474.80 millionViewN/AView Earnings Details
2/11/2014Q413$0.74$0.72$526.94 million$524.00 millionViewN/AView Earnings Details
10/30/2013Q313$0.66$0.65$508.35 million$495.00 millionViewN/AView Earnings Details
7/31/2013Q2 2013$0.58$0.58$486.17 million$482.00 millionViewN/AView Earnings Details
4/26/2013Q1 2013$0.45$0.31$465.68 million$447.54 millionViewN/AView Earnings Details
2/13/2013Q4 2012$0.66$0.58$472.88 million$523.00 millionViewN/AView Earnings Details
11/1/2012Q312$0.93$0.97$522.62 million$504.06 millionViewN/AView Earnings Details
8/1/2012$0.97$1.16ViewN/AView Earnings Details
4/25/2012$0.93$0.91ViewN/AView Earnings Details
2/15/2012$0.99$1.19ViewN/AView Earnings Details
10/26/2011$1.04$0.92ViewN/AView Earnings Details
7/27/2011$1.05$1.20ViewN/AView Earnings Details
4/27/2011$0.95$0.99ViewN/AView Earnings Details
2/16/2011$1.05$0.95ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Itron (NASDAQ:ITRI)
2017 EPS Consensus Estimate: $2.83
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.41$0.41$0.41
Q2 20171$0.66$0.66$0.66
Q3 20171$0.85$0.85$0.85
Q4 20171$0.91$0.91$0.91
(Data provided by Zacks Investment Research)


Dividend History for Itron (NASDAQ:ITRI)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for Itron (NASDAQ:ITRI)
Insider Ownership Percentage: 2.03%
Institutional Ownership Percentage: 94.83%
Insider Trades by Quarter for Itron (NASDAQ:ITRI)
Institutional Ownership by Quarter for Itron (NASDAQ:ITRI)
Insider Trades by Quarter for Itron (NASDAQ:ITRI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/28/2017Philip MezeyInsiderSell2,995$65.75$196,921.25View SEC Filing  
2/22/2017Philip MezeyInsiderSell7,980$64.16$511,996.80View SEC Filing  
2/22/2017Shannon M VotavaVPSell957$63.83$61,085.31View SEC Filing  
12/12/2016Thomas DeitrichCOOSell9,669$64.25$621,233.25View SEC Filing  
11/17/2016Thomas S GlanvilleDirectorSell1,384$65.10$90,098.40View SEC Filing  
11/15/2016Jon E EliassenDirectorSell2,000$63.76$127,520.00View SEC Filing  
11/14/2016Thomas S GlanvilleDirectorSell2,000$60.55$121,100.00View SEC Filing  
11/9/2016Thomas S GlanvilleDirectorSell2,000$58.65$117,300.00View SEC Filing  
11/7/2016Daniel S PelinoDirectorBuy2,322$58.46$135,744.12View SEC Filing  
11/2/2016Jon E EliassenDirectorSell3,000$59.72$179,160.00View SEC Filing  
10/10/2016Thomas S GlanvilleDirectorSell1,226$56.50$69,269.00View SEC Filing  
10/6/2016Jon E EliassenDirectorSell1,000$56.98$56,980.00View SEC Filing  
9/19/2016William Mark SchmitzCFOSell418$53.15$22,216.70View SEC Filing  
9/13/2016Scopia Capital Management LpMajor ShareholderBuy83,303$53.84$4,485,033.52View SEC Filing  
9/6/2016Thomas S GlanvilleDirectorSell4,000$53.15$212,600.00View SEC Filing  
6/6/2016Jon E EliassenChairmanSell2,000$45.00$90,000.00View SEC Filing  
4/1/2016Scopia Capital Management LpMajor ShareholderBuy62,710$41.81$2,621,905.10View SEC Filing  
3/16/2016Scopia Capital Management LpMajor ShareholderBuy82,234$41.94$3,448,893.96View SEC Filing  
3/15/2016Scopia Capital Management LpMajor ShareholderBuy25,000$43.05$1,076,250.00View SEC Filing  
3/14/2016Scopia Capital Management LpMajor ShareholderBuy23,299$43.03$1,002,555.97View SEC Filing  
3/11/2016Scopia Capital Management LpMajor ShareholderBuy53,267$42.04$2,239,344.68View SEC Filing  
3/8/2016Scopia Capital Management LpMajor ShareholderBuy52,328$41.45$2,168,995.60View SEC Filing  
3/3/2016Scopia Capital Management LpMajor ShareholderBuy65,953$40.26$2,655,267.78View SEC Filing  
2/29/2016Scopia Capital Management LpMajor ShareholderBuy89,350$39.96$3,570,426.00View SEC Filing  
2/24/2016Scopia Capital Management LpMajor ShareholderBuy123,014$40.07$4,929,170.98View SEC Filing  
2/23/2016Scopia Capital Management LpMajor ShareholderBuy14,327$40.03$573,509.81View SEC Filing  
2/22/2016Scopia Capital Management LpMajor ShareholderBuy8,687$39.82$345,916.34View SEC Filing  
2/22/2016Shannon M VotavaVPSell981$39.80$39,043.80View SEC Filing  
2/18/2016Thomas S. GlanvilleDirectorSell2,000$39.56$79,120.00View SEC Filing  
2/17/2016Scopia Capital Management LpMajor ShareholderBuy56,244$36.72$2,065,279.68View SEC Filing  
2/12/2016Scopia Capital Management LpMajor ShareholderBuy83,300$34.39$2,864,687.00View SEC Filing  
2/9/2016Scopia Capital Management LpMajor ShareholderBuy33,800$34.33$1,160,354.00View SEC Filing  
2/8/2016Scopia Capital Management LpMajor ShareholderBuy88,613$34.66$3,071,326.58View SEC Filing  
4/29/2015Graham M WilsonDirectorSell2,500$37.44$93,600.00View SEC Filing  
4/28/2015Philip MezeyCEOSell5,000$37.44$187,200.00View SEC Filing  
4/15/2015Thomas S GlanvilleDirectorSell1,000$38.00$38,000.00View SEC Filing  
4/6/2015Thomas S GlanvilleDirectorSell1,000$37.00$37,000.00View SEC Filing  
3/25/2015Thomas S GlanvilleDirectorSell2,000$36.60$73,200.00View SEC Filing  
12/26/2014Sharon L NelsonDirectorSell2,500$43.00$107,500.00View SEC Filing  
12/24/2014Jon E EliassenChairmanSell2,500$42.50$106,250.00View SEC Filing  
11/6/2014Thomas S GlanvilleDirectorSell2,560$40.71$104,217.60View SEC Filing  
4/30/2014Graham WilsonDirectorSell2,500$37.47$93,675.00View SEC Filing  
12/10/2013Jared SerffVPSell18,546$10.79$200,111.34View SEC Filing  
11/12/2013Jared SerffVPSell5,000$43.34$216,700.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Itron (NASDAQ:ITRI)
Latest Headlines for Itron (NASDAQ:ITRI)
DateHeadline logoItron, Inc. (ITRI) Rating Lowered to Buy at BidaskClub - June 22 at 8:34 PM logoItron, Inc. (ITRI) Receives New Coverage from Analysts at Guggenheim - June 20 at 9:21 AM logoZacks: Analysts Anticipate Itron, Inc. (ITRI) Will Post Quarterly Sales of $482.60 Million - June 17 at 10:38 AM logoItron, Inc. (ITRI) Receives Average Recommendation of "Buy" from Brokerages - June 16 at 11:14 AM logo$0.67 Earnings Per Share Expected for Itron, Inc. (ITRI) This Quarter - June 15 at 7:38 AM logoItron's (ITRI) New Meters to Boost Water Efficiency in Tonga - June 7 at 10:37 PM logoItron Expands Smart Island Project in Tonga to Improve Water Efficiency Using Shared Network - June 6 at 6:35 PM logoWhy Is Itron (ITRI) Up 3.9% Since the Last Earnings Report? - June 6 at 10:11 AM logoItron (ITRI) Acquires Comverge to Improve Grid Solutions - June 2 at 7:26 PM logoItron hires Dell exec as CFO and closes $100M Comverge deal - June 1 at 6:46 PM logoItron Finalizes Comverge Acquisition to Expand Grid and Customer Experience Solutions - June 1 at 6:46 PM logo[$$] Itron Acquires Comverge From H.I.G. Capital - June 1 at 6:46 PM logoItron (ITRI) Hits 52-Week High on Solid Q1 & Strategic Plans - May 31 at 5:56 PM logoItron Names Joan Hooper Chief Financial Officer - May 31 at 5:56 PM logoItron, Inc. (ITRI) Given Buy Rating at Canaccord Genuity - May 26 at 2:13 PM logoItron to Help Reduce Water Losses in Brazilian City of Matão - May 24 at 11:26 AM logoItron, Inc. (ITRI) Given Average Rating of "Buy" by Analysts - May 22 at 8:06 AM logoIs Itron (ITRI) Stock a Solid Choice Right Now? - May 19 at 10:33 AM logoZacks Investment Research Lowers Itron, Inc. (ITRI) to Hold - May 18 at 12:30 PM logoNorcross energy tech company sold for $100 million - May 10 at 6:16 PM logoItron, Inc. (ITRI) Expected to Post FY2018 Earnings of $3.65 Per Share - May 10 at 2:32 PM logoItron Steals the Demand Response Spotlight by Acquiring Comverge - May 9 at 5:46 PM logoETFs with exposure to Itron, Inc. : May 9, 2017 - May 9 at 5:46 PM logoItron (ITRI) to Acquire Comverge for Approximately $100M - May 8 at 5:40 PM logoItron, Inc. :ITRI-US: Earnings Analysis: Q1, 2017 By the Numbers : May 8, 2017 - May 8 at 5:40 PM logoItron, Inc. to Post FY2019 Earnings of $4.56 Per Share, Oppenheimer Holdings Forecasts (ITRI) - May 8 at 12:14 PM logoItron Poised to Drive New Grid and Customer Experience Solutions with Comverge Acquisition - May 8 at 8:20 AM logoEquities Analysts Set Expectations for Itron, Inc.'s FY2017 Earnings (ITRI) - May 5 at 1:38 PM logoItron, Inc. (ITRI) Short Interest Update - May 5 at 12:24 PM logoItron, Inc. to Post Q2 2017 Earnings of $0.66 Per Share, Oppenheimer Holdings Forecasts (ITRI) - May 5 at 8:28 AM logoItron Inc. Q1 Earnings Climb 32% - May 4 at 11:49 AM logoEdited Transcript of ITRI earnings conference call or presentation 3-May-17 9:00pm GMT - May 4 at 11:49 AM logoItron (ITRI) Earnings Top Estimates in Q1, Revenues Down Y/Y - May 4 at 11:49 AM logoSomewhat Positive News Coverage Likely to Impact Itron (ITRI) Stock Price - May 4 at 1:23 AM logoItron Announces First Quarter 2017 Financial Results - May 3 at 10:31 PM logoItron Collaborates with Roanoke Gas Company to Modernize Distribution System with Smart Gas Solution - May 3 at 10:31 PM logoItron beats 1Q profit forecasts - May 3 at 10:31 PM logoItron, Inc. (ITRI) Upgraded to "Buy" at Zacks Investment Research - May 2 at 2:28 PM logoPositive Press Coverage Very Likely to Affect Itron (ITRI) Share Price - April 30 at 2:23 PM logoZacks: Brokerages Anticipate Itron, Inc. (ITRI) Will Post Quarterly Sales of $454.2 Million - April 29 at 8:51 AM logo$0.51 EPS Expected for Itron, Inc. (ITRI) This Quarter - April 27 at 3:25 PM logoSomewhat Favorable Media Coverage Extremely Likely to Affect Itron (ITRI) Stock Price - April 26 at 12:53 PM logoItron, Inc. – Value Analysis (NASDAQ:ITRI) : April 25, 2017 - April 25 at 5:28 PM logoItron, Inc. (ITRI) Receives Consensus Recommendation of "Buy" from Analysts - April 25 at 1:20 PM logoItron, Inc. breached its 50 day moving average in a Bullish Manner : ITRI-US : April 24, 2017 - April 24 at 10:18 AM logoItron (ITRI) Given Daily News Sentiment Score of 0.43 - April 23 at 12:59 PM logo12 Reasons Why You Should Consider Water Now - April 21 at 5:55 PM logoItron (ITRI) Given Daily Coverage Optimism Score of 0.02 - April 20 at 9:47 PM logoItron (ITRI) Getting Somewhat Critical Media Coverage, AlphaOne Reports - April 16 at 12:17 PM logoShare Buyback Plan Approved by Itron (ITRI) Board - April 12 at 8:55 AM



Itron (ITRI) Chart for Thursday, June, 22, 2017

This page was last updated on 6/22/2017 by Staff