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: Electrical Components & Equipment
  • Sub-Industry: Electronic Equipment & Instruments
  • Symbol: NASDAQ:ITRI
  • CUSIP: 46574110
  • Web:
  • Market Cap: $2.94512 billion
  • Outstanding Shares: 38,701,000
Average Prices:
  • 50 Day Moving Avg: $72.49
  • 200 Day Moving Avg: $67.47
  • 52 Week Range: $51.55 - $77.40
  • Trailing P/E Ratio: 94.37
  • Foreward P/E Ratio: 21.01
  • P/E Growth: 1.18
Sales & Book Value:
  • Annual Revenue: $1.98 billion
  • Price / Sales: 1.49
  • Book Value: $18.70 per share
  • Price / Book: 4.08
  • EBIDTA: $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: 181,762 shs.
  • Beta: 1.08
  • 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 declared that its board has initiated a stock repurchase 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 reacquire up to 22% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board believes its stock is undervalued.

How were Itron's earnings last quarter?

Itron, Inc. (NASDAQ:ITRI) posted its quarterly earnings data on Wednesday, August, 2nd. The company reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.03. The company had revenue of $503.10 million for the quarter, compared to the consensus estimate of $491.80 million. Itron had a net margin of 1.60% and a return on equity of 15.43%. Itron's revenue for the quarter was down 1.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.65 EPS. View Itron's Earnings History.

When will Itron make its next earnings announcement?

Itron is scheduled to release their next quarterly earnings announcement on Tuesday, October, 31st 2017. View Earnings Estimates for Itron.

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

Itron updated its FY17 earnings guidance on Wednesday, August, 2nd. The company provided EPS guidance of $2.95-3.15 for the period, compared to the Thomson Reuters consensus 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 analysts have issued 1 year target prices for Itron's shares. Their predictions range from $74.00 to $88.00. On average, they expect Itron's stock price to reach $80.00 in the next year. View Analyst Ratings for Itron.

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
  • 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 a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.32%), Vanguard Group Inc. (9.82%), Harris Associates L P (4.25%), Fairpointe Capital LLC (2.59%), Dimensional Fund Advisors LP (2.56%) and Bank of New York Mellon Corp (2.32%). 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, Fairpointe Capital LLC, Dimensional Fund Advisors LP, Neuberger Berman Group LLC, Ecofin Ltd., Arrowstreet Capital Limited Partnership, Kennedy Capital Management Inc. and Robecosam AG. 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 acquired by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Renaissance Technologies LLC, Premier Asset Management LLC, Mesirow Financial Investment Management Equity Management, Gotham Asset Management LLC, Delta Lloyd Asset Management N.V., State Street Corp and Quantitative Investment Management LLC. 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 $76.25.

MarketBeat Community Rating for Itron (NASDAQ ITRI)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  305 (Vote Outperform)
Underperform Votes:  314 (Vote Underperform)
Total Votes:  619
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: 3 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.63)
Consensus Price Target: $80.00 (4.92% upside)

Analysts' Ratings History for Itron (NASDAQ:ITRI)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/19/2017Canaccord GenuityDowngradeBuy -> Hold$78.00LowView Rating Details
9/12/2017Robert W. BairdReiterated RatingHold$77.00LowView Rating Details
9/12/2017ArgusReiterated RatingBuy$78.00 -> $80.00LowView Rating Details
8/4/2017Oppenheimer Holdings, Inc.Reiterated RatingOutperform$75.00 -> $78.00LowView Rating Details
8/3/2017Needham & Company LLCReiterated RatingBuy$74.00 -> $84.00LowView Rating Details
8/3/2017Cowen and CompanySet Price TargetHold$60.00 -> $74.00HighView Rating Details
7/18/2017JMP SecuritiesSet Price TargetBuy$75.00 -> $88.00MediumView Rating Details
6/20/2017GuggenheimInitiated CoverageBuy -> Buy$81.00LowView 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 9/21/2015 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
10/31/2017$0.88N/AView Earnings Details
8/2/2017Q2 2017$0.68$0.71$491.80 million$503.10 millionViewListenView Earnings Details
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: $2.86
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.41$0.41$0.41
Q2 20171$0.66$0.66$0.66
Q3 20171$0.88$0.88$0.88
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: 93.66%
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 logo[$$] Itron Makes a Buy on Route to Boosting Margins - September 20 at 4:28 PM logoITRON INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Itron, Inc. - September 20 at 4:28 PM logoItron, Inc. (ITRI) Expected to Post FY2018 Earnings of $3.50 Per Share - September 20 at 11:08 AM logoWeissLaw LLP: Silver Spring Networks Inc. Acquisition May Not Be in the Best Interests of SSNI Shareholders - PR Newswire (press release) - September 20 at 1:05 AM logoItron (ITRI) Announces Acquisition of Silver Spring Networks (SSNI) at $16.25/Sh in Cash; Deal Valued at ~$830M - - September 20 at 1:05 AM logoItron, Inc. (ITRI) Downgraded to "Hold" at Canaccord Genuity - September 19 at 11:32 PM logoINVESTOR ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation Concerning Whether the Sale of Silver Spring Networks, Inc. to Itron, Inc. is Fair to Shareholders - September 19 at 8:04 PM logoStocks Showing Rising Market Leadership: Itron Earns 85 RS Rating - September 19 at 8:04 PM logoWeissLaw LLP: Silver Spring Networks Inc. Acquisition May Not Be in the Best Interests of SSNI Shareholders - September 19 at 8:04 PM logoItron, Inc. (ITRI) Stock Rating Lowered by Zacks Investment Research - September 19 at 7:38 PM logoItron To Buy Silver Spring Networks In $830 Mln Deal - September 19 at 12:35 AM logoSilver Spring Networks (SSNI) Has Jumped To A New High After Bought By Itron - September 18 at 7:33 PM logoItron (ITRI) Announces Acquisition of Silver Spring Networks (SSNI) at $16.25/Sh in Cash; Deal Valued at ~$830M - September 18 at 7:33 PM logoItron to buy Silver Spring to boost smart grid presence - September 18 at 7:33 PM logoItron to Acquire Silver Spring Networks to Accelerate Smart Grid and Smart City Innovation and Growth - September 18 at 7:33 PM logoItron to buy Silver Spring Networks for a 25% premium - September 18 at 7:33 PM logoItron to buy Silver Spring for $830 mln - September 18 at 7:32 PM logoSilver Spring (SSNI) Alert: Johnson Fistel Investigates Proposed Sale of Silver Spring Networks, Inc.; Are Shareholders Getting a Fair Price? - September 18 at 7:32 PM logoItron Buys IoT Firm Silver Spring Networks to Boost "Smart Cities" Portfolio - September 18 at 7:32 PM logoItron, Inc. (ITRI) Upgraded to Buy at Zacks Investment Research - September 18 at 1:26 PM logoItronics President Dr. John Whitney to Speak About Breakthrough E-Scrap Refining Technology at Prestigious Resource Recovery Conference - September 14 at 4:04 PM logoItron Ranked Number One in Navigant Demand Response Leaderboard - September 14 at 6:35 AM logoQ3 2017 EPS Estimates for Itron, Inc. Lowered by Analyst (ITRI) - September 13 at 7:42 AM logoItron, Inc. – Value Analysis (NASDAQ:ITRI) : September 12, 2017 - September 12 at 9:59 PM logoRobert W. Baird Reiterates "Hold" Rating for Itron, Inc. (ITRI) - September 12 at 9:28 PM logoItron, Inc. (ITRI) Downgraded by Zacks Investment Research - September 12 at 1:52 PM logoItron, Inc. (ITRI) Price Target Raised to $80.00 at Argus - September 12 at 12:34 PM logoItron, Inc. (ITRI) to Post FY2017 Earnings of $3.06 Per Share, Oppenheimer Holdings Forecasts - September 12 at 5:58 AM logoItron, Inc. breached its 50 day moving average in a Bullish Manner : ITRI-US : September 11, 2017 - September 11 at 8:57 PM logoItron, Inc. (ITRI) Lifted to Buy at Zacks Investment Research - September 11 at 12:38 PM logoAnalyzing Spectrum Brands Holdings (SPB) and Itron (ITRI) - September 10 at 12:24 AM logoItronics reports Q2 results - September 6 at 2:32 PM logoZacks Investment Research Upgrades Itron, Inc. (ITRI) to Buy - September 4 at 1:52 PM logoItron, Inc. (ITRI) Downgraded by Zacks Investment Research to "Hold" - September 1 at 9:42 AM logoItron (ITRI) & Spectrum Brands Holdings (SPB) Head-To-Head Survey - August 30 at 12:18 PM logoItron, Inc. (ITRI) Given Average Recommendation of "Buy" by Analysts - August 30 at 7:22 AM logoItron, Inc. (ITRI) Stock Rating Upgraded by Zacks Investment Research - August 28 at 1:12 PM logoItron, Inc. (ITRI) Cut to Hold at Zacks Investment Research - August 25 at 1:05 PM logoETFs with exposure to Itron, Inc. : August 21, 2017 - August 23 at 6:14 AM logoItron, Inc. breached its 50 day moving average in a Bearish Manner : ITRI-US : August 22, 2017 - August 23 at 6:14 AM logoRockwell Automation (ROK) vs. Itron (ITRI) Head to Head Contrast - August 22 at 6:28 PM logo$525.20 Million in Sales Expected for Itron, Inc. (ITRI) This Quarter - August 22 at 11:16 AM logoReviewing Itron (ITRI) and General Cable Corporation (BGC) - August 20 at 10:12 PM logoZacks: Brokerages Anticipate Itron, Inc. (ITRI) to Announce $0.92 Earnings Per Share - August 20 at 6:16 PM logoWhy Itron (ITRI) Stock Might be a Great Pick - August 12 at 12:32 AM logoItron, Inc. :ITRI-US: Earnings Analysis: Q2, 2017 By the Numbers : August 9, 2017 - August 9 at 8:33 PM logoOppenheimer Holdings Brokers Raise Earnings Estimates for Itron, Inc. (ITRI) - August 7 at 7:40 AM logoReviewing AZZ (AZZ) and Itron (ITRI) - August 6 at 10:30 AM logoItron, Inc. (ITRI) Receives Consensus Rating of "Buy" from Brokerages - August 5 at 7:18 AM logoOppenheimer Holdings, Inc. Reiterates Outperform Rating for Itron, Inc. (NASDAQ:ITRI) - August 4 at 2:54 PM



Itron (ITRI) Chart for Thursday, September, 21, 2017

This page was last updated on 9/21/2017 by Staff