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.
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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.
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