About Itron (NASDAQ:ITRI)
Itron, 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: Electrical Components & Equipment
- Sub-Industry: Electronic Equipment & Instruments
- Symbol: NASDAQ:ITRI
- CUSIP: 46574110
- Web: www.itron.com
- Market Cap: $3.07286 billion
- Outstanding Shares: 38,700,000
- 50 Day Moving Avg: $76.05
- 200 Day Moving Avg: $70.16
- 52 Week Range: $51.55 - $79.80
Sales & Book Value:
- Trailing P/E Ratio: 98.27
- Foreward P/E Ratio: 21.58
- P/E Growth: 1.22
- Annual Revenue: $1.98 billion
- Price / Sales: 1.55
- Book Value: $18.70 per share
- Price / Book: 4.25
- EBITDA: $221.7 million
- Net Margins: 1.60%
- Return on Equity: 15.43%
- Return on Assets: 6.32%
- Debt-to-Equity Ratio: 0.41%
- Current Ratio: 1.58%
- Quick Ratio: 1.18%
- Average Volume: 198,803 shs.
- Beta: 1.1
- Short Ratio: 1.52
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 announced that its Board of Directors has authorized a stock buyback plan on Wednesday, April 12th 2017, which permits the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 22% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's leadership believes its shares are undervalued.
How were Itron's earnings last quarter?
Itron, Inc. (NASDAQ:ITRI) released its earnings results on Wednesday, August, 2nd. The company reported $0.71 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.68 by $0.03. The company earned $503.10 million during the quarter, compared to analyst estimates of $491.80 million. Itron had a net margin of 1.60% and a return on equity of 15.43%. The firm's revenue was down 1.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.65 EPS. View Itron's Earnings History.
When will Itron make its next earnings announcement?
What guidance has Itron issued on next quarter's earnings?
Itron updated its FY17 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share (EPS) guidance of $2.95-3.15 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.02. The company issued revenue guidance of $2.03-2.06 billion, compared to the consensus revenue estimate of $1.99 billion.
Where is Itron's stock going? Where will Itron's stock price be in 2017?
8 brokers have issued 1 year price targets for Itron's stock. Their predictions range from $74.00 to $102.00. On average, they expect Itron's stock price to reach $81.75 in the next year. View Analyst Ratings for Itron.
Who are some of Itron's key competitors?
Some companies that are related to Itron include Halma plc (HLMA), Regal Beloit Corporation (RBC), Spectris plc (SXS), Anixter International (AXE), Orbotech (ORBK), Hollysys Automation Technologies (HOLI), Atkore International Group (ATKR), AZZ (AZZ), General Cable Corporation (BGC), Chase (CCF), MTS Systems Corporation (MTSC), GrafTech International Ltd (GTI), XP Power (XPP), NL Industries (NL), FARO Technologies (FARO), Kimball Electronics (KE), Oxford Instruments plc (OXIG) and Judges Scientific PLC (JDG).
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
- Joan S. Hooper, Chief Financial Officer, Senior Vice President
- 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
- Robert H. A. Farrow, Vice President - Strategic Planning, Treasurer
- Kirby A. Dyess, Independent Director
- Thomas S. Glanville, Independent Director
- Frank M. Jaehnert, Independent Director
Who owns Itron stock?
Itron's stock is owned by many different of institutional and retail investors. Top institutional investors include Smith Graham & Co. Investment Advisors LP (0.34%) and Assenagon Asset Management S.A. (0.14%). 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 Smith Graham & Co. Investment Advisors LP. Company insiders that have sold Itron stock in the last year include Jon E Eliassen, Philip Mezey, Shannon M Votava, Thomas Deitrich and Thomas S Glanville. View Insider Buying and Selling for Itron.
Who bought Itron stock? Who is buying Itron stock?
Itron's stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management 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?
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 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.
One share of Itron stock can currently be purchased for approximately $79.40.
Consensus Ratings for Itron (NASDAQ:ITRI) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings, 5 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.63)|
|Consensus Price Target: ||$81.75 (2.96% upside)|Consensus Price Target History for Itron (NASDAQ:ITRI)
Analysts' Ratings History for Itron (NASDAQ:ITRI)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/12/2017||JMP Securities||Set Price Target||Outperform -> Buy||$88.00 -> $102.00||N/A|
|10/6/2017||Canaccord Genuity||Reiterated Rating||Hold||$78.00||N/A|
|9/12/2017||Robert W. Baird||Reiterated Rating||Hold||$77.00||Low|
|9/12/2017||Argus||Reiterated Rating||Buy||$78.00 -> $80.00||Low|
|8/4/2017||Oppenheimer Holdings, Inc.||Reiterated Rating||Outperform||$75.00 -> $78.00||Low|
|8/3/2017||Needham & Company LLC||Reiterated Rating||Buy||$74.00 -> $84.00||Low|
|8/3/2017||Cowen and Company||Set Price Target||Hold||$60.00 -> $74.00||High|
|6/20/2017||Guggenheim||Initiated Coverage||Buy -> Buy||$81.00||Low|
|2/18/2016||Wedbush||Boost Price Target||Outperform||$42.00 -> $46.00||N/A|
Earnings History for Itron (NASDAQ:ITRI)Earnings History by Quarter for Itron (NASDAQ ITRI)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/2/2017||Q2 2017||$0.68||$0.71||$491.80 million||$503.10 million||View||Listen|
|5/3/2017||Q1 2017||$0.51||$0.57||$454.20 million||$477.59 million||View||Listen|
|2/28/2017||Q416||$0.58||$0.68||$481.38 million||$495.71 million||View||Listen|
|11/2/2016||Q316||$0.61||$0.77||$481.51 million||$506.86 million||View||N/A|
|9/1/2016||Q216||$0.43||$0.65||$469.07 million||$513.02 million||View||N/A|
|8/11/2016||Q116||$0.32||$0.44||$446.75 million||$498.00 million||View||N/A|
|2/17/2016||Q415||$0.74||$0.76||$486.56 million||$490.40 million||View||Listen|
|11/3/2015||Q315||$0.55||$0.43||$477.98 million||$469.00 million||View||Listen|
|8/5/2015||Q215||$0.39||($0.38)||$450.56 million||$470.00 million||View||Listen|
|5/4/2015||Q115||$0.25||$0.20||$441.60 million||$448.24 million||View||Listen|
|2/11/2015||Q414||$0.39||$0.36||$49.34 million||$510.00 million||View||Listen|
|11/4/2014||Q314||$0.36||$0.39||$479.70 million||$496.00 million||View||N/A|
|8/5/2014||Q214||$0.36||$0.54||$465.61 million||$489.00 million||View||N/A|
|4/24/2014||Q114||$0.26||$0.31||$443.29 million||$474.80 million||View||N/A|
|2/11/2014||Q413||$0.74||$0.72||$526.94 million||$524.00 million||View||N/A|
|10/30/2013||Q313||$0.66||$0.65||$508.35 million||$495.00 million||View||N/A|
|7/31/2013||Q2 2013||$0.58||$0.58||$486.17 million||$482.00 million||View||N/A|
|4/26/2013||Q1 2013||$0.45||$0.31||$465.68 million||$447.54 million||View||N/A|
|2/13/2013||Q4 2012||$0.66||$0.58||$472.88 million||$523.00 million||View||N/A|
|11/1/2012||Q312||$0.93||$0.97||$522.62 million||$504.06 million||View||N/A|
Earnings Estimates for Itron (NASDAQ:ITRI)
2017 EPS Consensus Estimate: $2.86
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Itron (NASDAQ:ITRI)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Itron (NASDAQ:ITRI)
Insider Ownership Percentage: 2.03%Insider Trades by Quarter for Itron (NASDAQ:ITRI)
Institutional Ownership Percentage: 93.66%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|2/28/2017||Philip Mezey||Insider||Sell||2,995||$65.75||$196,921.25|| |
|2/22/2017||Philip Mezey||Insider||Sell||7,980||$64.16||$511,996.80|| |
|2/22/2017||Shannon M Votava||VP||Sell||957||$63.83||$61,085.31|| |
|12/12/2016||Thomas Deitrich||COO||Sell||9,669||$64.25||$621,233.25|| |
|11/17/2016||Thomas S Glanville||Director||Sell||1,384||$65.10||$90,098.40|| |
|11/15/2016||Jon E Eliassen||Director||Sell||2,000||$63.76||$127,520.00|| |
|11/14/2016||Thomas S Glanville||Director||Sell||2,000||$60.55||$121,100.00|| |
|11/9/2016||Thomas S Glanville||Director||Sell||2,000||$58.65||$117,300.00|| |
|11/7/2016||Daniel S Pelino||Director||Buy||2,322||$58.46||$135,744.12|| |
|11/2/2016||Jon E Eliassen||Director||Sell||3,000||$59.72||$179,160.00|| |
|10/10/2016||Thomas S Glanville||Director||Sell||1,226||$56.50||$69,269.00|| |
|10/6/2016||Jon E Eliassen||Director||Sell||1,000||$56.98||$56,980.00|| |
|9/19/2016||William Mark Schmitz||CFO||Sell||418||$53.15||$22,216.70|| |
|9/13/2016||Scopia Capital Management Lp||Major Shareholder||Buy||83,303||$53.84||$4,485,033.52|| |
|9/6/2016||Thomas S Glanville||Director||Sell||4,000||$53.15||$212,600.00|| |
|6/6/2016||Jon E Eliassen||Chairman||Sell||2,000||$45.00||$90,000.00|| |
|4/1/2016||Scopia Capital Management Lp||Major Shareholder||Buy||62,710||$41.81||$2,621,905.10|| |
|3/16/2016||Scopia Capital Management Lp||Major Shareholder||Buy||82,234||$41.94||$3,448,893.96|| |
|3/15/2016||Scopia Capital Management Lp||Major Shareholder||Buy||25,000||$43.05||$1,076,250.00|| |
|3/14/2016||Scopia Capital Management Lp||Major Shareholder||Buy||23,299||$43.03||$1,002,555.97|| |
|3/11/2016||Scopia Capital Management Lp||Major Shareholder||Buy||53,267||$42.04||$2,239,344.68|| |
|3/8/2016||Scopia Capital Management Lp||Major Shareholder||Buy||52,328||$41.45||$2,168,995.60|| |
|3/3/2016||Scopia Capital Management Lp||Major Shareholder||Buy||65,953||$40.26||$2,655,267.78|| |
|2/29/2016||Scopia Capital Management Lp||Major Shareholder||Buy||89,350||$39.96||$3,570,426.00|| |
|2/24/2016||Scopia Capital Management Lp||Major Shareholder||Buy||123,014||$40.07||$4,929,170.98|| |
|2/23/2016||Scopia Capital Management Lp||Major Shareholder||Buy||14,327||$40.03||$573,509.81|| |
|2/22/2016||Scopia Capital Management Lp||Major Shareholder||Buy||8,687||$39.82||$345,916.34|| |
|2/22/2016||Shannon M Votava||VP||Sell||981||$39.80||$39,043.80|| |
|2/18/2016||Thomas S. Glanville||Director||Sell||2,000||$39.56||$79,120.00|| |
|2/17/2016||Scopia Capital Management Lp||Major Shareholder||Buy||56,244||$36.72||$2,065,279.68|| |
|2/12/2016||Scopia Capital Management Lp||Major Shareholder||Buy||83,300||$34.39||$2,864,687.00|| |
|2/9/2016||Scopia Capital Management Lp||Major Shareholder||Buy||33,800||$34.33||$1,160,354.00|| |
|2/8/2016||Scopia Capital Management Lp||Major Shareholder||Buy||88,613||$34.66||$3,071,326.58|| |
|4/29/2015||Graham M Wilson||Director||Sell||2,500||$37.44||$93,600.00|| |
|4/28/2015||Philip Mezey||CEO||Sell||5,000||$37.44||$187,200.00|| |
|4/15/2015||Thomas S Glanville||Director||Sell||1,000||$38.00||$38,000.00|| |
|4/6/2015||Thomas S Glanville||Director||Sell||1,000||$37.00||$37,000.00|| |
|3/25/2015||Thomas S Glanville||Director||Sell||2,000||$36.60||$73,200.00|| |
|12/26/2014||Sharon L Nelson||Director||Sell||2,500||$43.00||$107,500.00|| |
|12/24/2014||Jon E Eliassen||Chairman||Sell||2,500||$42.50||$106,250.00|| |
|11/6/2014||Thomas S Glanville||Director||Sell||2,560||$40.71||$104,217.60|| |
|4/30/2014||Graham Wilson||Director||Sell||2,500||$37.47||$93,675.00|| |
|12/10/2013||Jared Serff||VP||Sell||18,546||$10.79||$200,111.34|| |
|11/12/2013||Jared Serff||VP||Sell||5,000||$43.34||$216,700.00|| |
Headline Trends for Itron (NASDAQ:ITRI)
Latest Headlines for Itron (NASDAQ:ITRI)
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Itron (ITRI) Chart for Sunday, October, 22, 2017