S&P 500   4,228.48 (-1.29%)
DOW   33,706.74 (-0.86%)
QQQ   322.86 (-1.95%)
AAPL   171.52 (-1.51%)
MSFT   286.15 (-1.39%)
META   167.96 (-3.84%)
GOOGL   117.21 (-2.46%)
AMZN   138.23 (-2.86%)
TSLA   890.00 (-2.05%)
NVDA   178.49 (-4.92%)
NIO   19.05 (-4.32%)
BABA   89.63 (-1.22%)
AMD   95.95 (-4.47%)
T   18.43 (+0.00%)
MU   60.51 (-3.92%)
CGC   3.82 (+0.26%)
F   15.88 (-1.67%)
GE   77.72 (-1.88%)
DIS   120.14 (-2.06%)
AMC   18.02 (-6.58%)
PYPL   96.56 (-3.30%)
PFE   49.15 (+1.17%)
NFLX   241.16 (-1.64%)
S&P 500   4,228.48 (-1.29%)
DOW   33,706.74 (-0.86%)
QQQ   322.86 (-1.95%)
AAPL   171.52 (-1.51%)
MSFT   286.15 (-1.39%)
META   167.96 (-3.84%)
GOOGL   117.21 (-2.46%)
AMZN   138.23 (-2.86%)
TSLA   890.00 (-2.05%)
NVDA   178.49 (-4.92%)
NIO   19.05 (-4.32%)
BABA   89.63 (-1.22%)
AMD   95.95 (-4.47%)
T   18.43 (+0.00%)
MU   60.51 (-3.92%)
CGC   3.82 (+0.26%)
F   15.88 (-1.67%)
GE   77.72 (-1.88%)
DIS   120.14 (-2.06%)
AMC   18.02 (-6.58%)
PYPL   96.56 (-3.30%)
PFE   49.15 (+1.17%)
NFLX   241.16 (-1.64%)
S&P 500   4,228.48 (-1.29%)
DOW   33,706.74 (-0.86%)
QQQ   322.86 (-1.95%)
AAPL   171.52 (-1.51%)
MSFT   286.15 (-1.39%)
META   167.96 (-3.84%)
GOOGL   117.21 (-2.46%)
AMZN   138.23 (-2.86%)
TSLA   890.00 (-2.05%)
NVDA   178.49 (-4.92%)
NIO   19.05 (-4.32%)
BABA   89.63 (-1.22%)
AMD   95.95 (-4.47%)
T   18.43 (+0.00%)
MU   60.51 (-3.92%)
CGC   3.82 (+0.26%)
F   15.88 (-1.67%)
GE   77.72 (-1.88%)
DIS   120.14 (-2.06%)
AMC   18.02 (-6.58%)
PYPL   96.56 (-3.30%)
PFE   49.15 (+1.17%)
NFLX   241.16 (-1.64%)
S&P 500   4,228.48 (-1.29%)
DOW   33,706.74 (-0.86%)
QQQ   322.86 (-1.95%)
AAPL   171.52 (-1.51%)
MSFT   286.15 (-1.39%)
META   167.96 (-3.84%)
GOOGL   117.21 (-2.46%)
AMZN   138.23 (-2.86%)
TSLA   890.00 (-2.05%)
NVDA   178.49 (-4.92%)
NIO   19.05 (-4.32%)
BABA   89.63 (-1.22%)
AMD   95.95 (-4.47%)
T   18.43 (+0.00%)
MU   60.51 (-3.92%)
CGC   3.82 (+0.26%)
F   15.88 (-1.67%)
GE   77.72 (-1.88%)
DIS   120.14 (-2.06%)
AMC   18.02 (-6.58%)
PYPL   96.56 (-3.30%)
PFE   49.15 (+1.17%)
NFLX   241.16 (-1.64%)
NASDAQ:ITRI

Itron - ITRI Stock Forecast, Price & News

$50.18
-2.62 (-4.96%)
(As of 08/19/2022 12:00 AM ET)
Add
Compare
Today's Range
$49.73
$52.66
50-Day Range
$43.83
$58.62
52-Week Range
$43.18
$86.49
Volume
435,022 shs
Average Volume
391,064 shs
Market Capitalization
$2.27 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$64.67

Itron MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
28.9% Upside
$64.67 Price Target
Short Interest
Healthy
4.48% of Float Sold Short
Dividend Strength
N/A
Sustainability
+0.70
Upright™ Environmental Score
News Sentiment
0.71mentions of Itron in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$9,140 Sold Last Quarter
Proj. Earnings Growth
218.18%
From $0.77 to $2.45 Per Share

Overall MarketRank

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

3.05 out of 5 stars

Computer And Technology Sector

42nd out of 653 stocks

Instruments To Measure Electricity Industry

2nd out of 7 stocks

ITRI stock logo

About Itron (NASDAQ:ITRI) Stock

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. The company 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, sales representatives, partners, and meter manufacturer representatives to utilities and municipalities. Itron, Inc. was incorporated in 1977 and is headquartered in Liberty Lake, Washington.

Itron Price Performance

Shares of ITRI Stock traded down $2.05 on Friday, reaching $50.75. 4,226 shares of the company were exchanged, compared to its average volume of 368,567. The company has a market cap of $2.29 billion, a price-to-earnings ratio of -24.29 and a beta of 1.24. The business has a 50-day moving average price of $50.55 and a 200 day moving average price of $51.06. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.26 and a current ratio of 1.64. Itron has a 1 year low of $43.18 and a 1 year high of $86.49.

Itron (NASDAQ:ITRI - Get Rating) last announced its quarterly earnings data on Thursday, August 4th. The scientific and technical instruments company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.14). Itron had a negative net margin of 5.15% and a positive return on equity of 4.45%. The business had revenue of $431.88 million for the quarter, compared to analysts' expectations of $488.53 million. During the same period in the prior year, the company posted $0.28 EPS. The firm's revenue was down 11.8% on a year-over-year basis. Equities research analysts forecast that Itron will post 0.77 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on ITRI shares. Cowen decreased their target price on shares of Itron to $68.00 in a research report on Tuesday, August 9th. Stephens downgraded shares of Itron from an "overweight" rating to an "equal weight" rating and decreased their target price for the company from $65.00 to $55.00 in a research report on Friday, August 5th. JPMorgan Chase & Co. downgraded shares of Itron from an "overweight" rating to a "neutral" rating and set a $65.00 price objective for the company. in a research report on Monday, August 8th. Morgan Stanley decreased their price objective on shares of Itron from $60.00 to $55.00 and set an "equal weight" rating for the company in a research report on Thursday, June 9th. Finally, Raymond James decreased their price objective on shares of Itron from $72.00 to $68.00 and set a "strong-buy" rating for the company in a research report on Tuesday, July 12th. Eight analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $64.67.

Receive ITRI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Itron and its competitors with MarketBeat's FREE daily newsletter.

ITRI Stock News Headlines

Itron (NASDAQ:ITRI) Stock Rating Lowered by Stephens
Itron (NASDAQ:ITRI) Rating Lowered to Hold at StockNews.com
Itron (NASDAQ:ITRI) Shares Gap Down Following Weak Earnings
Recap: Itron Q2 Earnings - Benzinga
Itron Q2 2022 Earnings Preview - Seeking Alpha
Itron (ITRI) Set to Announce Quarterly Earnings on Thursday
See More Headlines
Receive ITRI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Itron and its competitors with MarketBeat's FREE daily newsletter.

ITRI Company Calendar

Last Earnings
8/04/2022
Today
8/19/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Instruments to measure electricity
Sub-Industry
Electronic Equipment & Instruments
Current Symbol
NASDAQ:ITRI
CUSIP
46574110
Employees
6,065
Year Founded
1977

Price Target and Rating

Average Stock Price Forecast
$64.67
High Stock Price Forecast
$93.00
Low Stock Price Forecast
$43.00
Forecasted Upside/Downside
+28.9%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
9 Analysts

Profitability

Net Income
$-81,250,000.00
Pretax Margin
-7.49%

Debt

Sales & Book Value

Annual Sales
$1.98 billion
Cash Flow
$3.80 per share
Book Value
$25.10 per share

Miscellaneous

Free Float
44,521,000
Market Cap
$2.27 billion
Optionable
Optionable
Beta
1.24

Social Links


Key Executives

  • Mr. Thomas L. DeitrichMr. Thomas L. Deitrich (Age 55)
    CEO, Pres & Director
    Comp: $1.66M
  • Ms. Joan S. HooperMs. Joan S. Hooper (Age 64)
    Sr. VP & CFO
    Comp: $874.67k
  • Mr. Michel C. CadieuxMr. Michel C. Cadieux (Age 65)
    Sr. VP of HR
    Comp: $680.6k
  • Mr. Donald L. Reeves IIIMr. Donald L. Reeves III (Age 54)
    Sr. VP of Outcomes
    Comp: $653.7k
  • Mr. Simon Pontin
    Chief Technology Officer
  • Mr. Kenneth P. Gianella (Age 49)
    VP of Investor Relations
  • Mr. Christopher E. Ware
    VP, Gen. Counsel & Corp. Sec.
  • Alison Mallahan
    Sr. Mang. of Corp. Communications
  • Ms. Marina Donovan
    VP of Global Marketing & Public Affairs
  • Mr. Justin K. Patrick (Age 49)
    Sr. VP of Device Solutions













ITRI Stock - Frequently Asked Questions

Should I buy or sell Itron stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Itron in the last twelve months. There are currently 7 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street 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 forecast for 2022?

9 brokerages have issued twelve-month target prices for Itron's shares. Their ITRI share price forecasts range from $43.00 to $93.00. On average, they anticipate the company's stock price to reach $64.67 in the next year. This suggests a possible upside of 28.9% 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 2022?

Itron's stock was trading at $68.52 on January 1st, 2022. Since then, ITRI stock has decreased by 26.8% and is now trading at $50.18.
View the best growth stocks for 2022 here
.

When is Itron's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our ITRI earnings forecast
.

How were Itron's earnings last quarter?

Itron, Inc. (NASDAQ:ITRI) posted its quarterly earnings data on Thursday, August, 4th. The scientific and technical instruments company reported $0.07 earnings per share for the quarter, missing analysts' consensus estimates of $0.21 by $0.14. The scientific and technical instruments company earned $431.88 million during the quarter, compared to the consensus estimate of $488.53 million. Itron had a negative net margin of 5.15% and a positive trailing twelve-month return on equity of 4.45%. The company's revenue was down 11.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.28 earnings per share.

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

Itron updated its FY 2022 earnings guidance on Thursday, August, 18th. The company provided EPS guidance of $0.70-$0.90 for the period, compared to the consensus earnings per share estimate of $1.34. The company issued revenue guidance of $1.85 billion-$1.90 billion, compared to the consensus revenue estimate of $2.02 billion.

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).

What is Itron's stock symbol?

Itron trades on the NASDAQ under the ticker symbol "ITRI."

Who are Itron's major shareholders?

Itron's stock is owned by a number of retail and institutional investors. Top institutional investors include Aristotle Capital Boston LLC (2.01%), KBC Group NV (1.31%), Northern Trust Corp (1.08%), Vontobel Holding Ltd. (0.84%), Loomis Sayles & Co. L P (0.80%) and Alps Advisors Inc. (0.70%). 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, Philip Mezey, Sarah E Hlavinka, Sharelynn Faye Moore, 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.

What is Itron's stock price today?

One share of ITRI stock can currently be purchased for approximately $50.18.

How much money does Itron make?

Itron (NASDAQ:ITRI) has a market capitalization of $2.27 billion and generates $1.98 billion in revenue each year. The scientific and technical instruments company earns $-81,250,000.00 in net income (profit) each year or ($2.14) on an earnings per share basis.

How many employees does Itron have?

The company employs 6,065 workers across the globe.

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.
Read More
When was Itron founded?

Itron was founded in 1977.

How can I contact Itron?

Itron's mailing address is 2111 N MOLTER ROAD, LIBERTY LAKE WA, 99019. The official website for the company is www.itron.com. The scientific and technical instruments company can be reached via phone at (509) 924-9900, via email at investors@itron.com, or via fax at 509-891-3355.

This page (NASDAQ:ITRI) was last updated on 8/19/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.