Itron (ITRI) Set to Announce Earnings on Monday

Itron (NASDAQ:ITRI) will be releasing its earnings data after the market closes on Monday, February 26th. Analysts expect Itron to post earnings of $0.93 per share for the quarter.

Shares of Itron (ITRI) opened at $68.85 on Monday. Itron has a fifty-two week low of $57.80 and a fifty-two week high of $79.95. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.67 and a quick ratio of 1.26. The firm has a market capitalization of $2,666.22, a PE ratio of 40.26, a PEG ratio of 1.06 and a beta of 1.02.

Several research firms have recently weighed in on ITRI. BidaskClub downgraded Itron from a “buy” rating to a “hold” rating in a report on Friday, December 22nd. Argus downgraded Itron from a “buy” rating to a “hold” rating in a report on Wednesday, November 29th. UBS Group began coverage on Itron in a report on Tuesday, January 2nd. They issued a “strong-buy” rating and a $84.00 target price for the company. Canaccord Genuity reissued a “hold” rating and issued a $78.00 target price on shares of Itron in a report on Wednesday, December 27th. Finally, Oppenheimer reissued a “buy” rating and issued a $78.00 target price on shares of Itron in a report on Monday, January 29th. One analyst has rated the stock with a sell rating, five have given a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the stock. The company has an average rating of “Buy” and an average target price of $82.18.

In other Itron news, COO Thomas Deitrich sold 11,899 shares of the company’s stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of $69.27, for a total transaction of $824,243.73. Following the completion of the sale, the chief operating officer now directly owns 82,776 shares of the company’s stock, valued at approximately $5,733,893.52. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, major shareholder Scopia Capital Management Lp acquired 541,753 shares of Itron stock in a transaction on Friday, December 8th. The shares were bought at an average cost of $69.44 per share, with a total value of $37,619,328.32. The disclosure for this purchase can be found here. Over the last ninety days, insiders have acquired 750,261 shares of company stock valued at $51,839,736. 2.03% of the stock is owned by company insiders.

TRADEMARK VIOLATION NOTICE: “Itron (ITRI) Set to Announce Earnings on Monday” was published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this article on another site, it was illegally copied and reposted in violation of international trademark and copyright law. The legal version of this article can be accessed at

Itron Company Profile

Itron, Inc is a technology and service company. The Company provides solutions that measure, manage and analyze energy and water use. It also provides the Internet of things. 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.

Earnings History for Itron (NASDAQ:ITRI)

Receive News & Ratings for Itron Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Itron and related companies with's FREE daily email newsletter.

Leave a Reply