News headlines about Itron (NASDAQ:ITRI) have been trending somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Itron earned a coverage optimism score of 0.03 on Accern’s scale. Accern also gave media coverage about the scientific and technical instruments company an impact score of 47.4177613493667 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news headlines that may have impacted Accern’s rankings:
- Itron : Extends Contract in Maryland to Deliver Demand Response (4-traders.com)
- Itron Extends Contract in Maryland to Deliver Demand Response (finance.yahoo.com)
- Itron (ITRI) & Hubbell (HUBB) Financial Contrast (americanbankingnews.com)
- Itron, Inc. (ITRI) Receives Average Recommendation of “Buy” from Analysts (americanbankingnews.com)
Several equities research analysts have commented on the company. Zacks Investment Research cut Itron from a “buy” rating to a “hold” rating in a research note on Friday, August 25th. Robert W. Baird reiterated a “hold” rating and set a $77.00 price objective on shares of Itron in a research note on Tuesday, September 12th. Oppenheimer Holdings, Inc. reiterated an “outperform” rating and set a $78.00 price objective (up previously from $75.00) on shares of Itron in a research note on Friday, August 4th. Needham & Company LLC reiterated a “buy” rating and set a $84.00 price objective (up previously from $74.00) on shares of Itron in a research note on Thursday, August 3rd. Finally, BidaskClub cut Itron from a “strong-buy” rating to a “buy” rating in a research note on Thursday, July 27th. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $81.78.
Shares of Itron (NASDAQ ITRI) traded down $0.55 during midday trading on Friday, reaching $65.70. The company’s stock had a trading volume of 291,819 shares, compared to its average volume of 260,641. The company has a current ratio of 1.67, a quick ratio of 1.26 and a debt-to-equity ratio of 0.38. Itron has a 52-week low of $57.80 and a 52-week high of $79.95. The firm has a market cap of $2,544.23, a price-to-earnings ratio of 24.07, a price-to-earnings-growth ratio of 1.05 and a beta of 1.07.
Itron (NASDAQ:ITRI) last issued its quarterly earnings data on Wednesday, November 1st. The scientific and technical instruments company reported $0.77 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.12). Itron had a net margin of 3.42% and a return on equity of 14.84%. The firm had revenue of $486.75 million during the quarter, compared to analyst estimates of $526.55 million. During the same period in the prior year, the company earned $0.77 earnings per share. The business’s quarterly revenue was down 4.0% compared to the same quarter last year. research analysts expect that Itron will post 2.99 EPS for the current year.
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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.
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