Zacks Research Has Optimistic Outlook of Itron Q1 Earnings

Itron, Inc. (NASDAQ:ITRI) – Stock analysts at Zacks Research lifted their Q1 2025 earnings per share (EPS) estimates for shares of Itron in a report issued on Monday, March 17th. Zacks Research analyst R. Department now forecasts that the scientific and technical instruments company will earn $1.26 per share for the quarter, up from their prior forecast of $1.07. The consensus estimate for Itron’s current full-year earnings is $5.33 per share. Zacks Research also issued estimates for Itron’s Q2 2025 earnings at $1.22 EPS, Q3 2025 earnings at $1.36 EPS, Q2 2026 earnings at $1.47 EPS, Q3 2026 earnings at $1.45 EPS, Q4 2026 earnings at $1.53 EPS and FY2027 earnings at $7.21 EPS.

ITRI has been the subject of several other research reports. Canaccord Genuity Group increased their price target on Itron from $130.00 to $132.00 and gave the company a “buy” rating in a research note on Wednesday, February 26th. Guggenheim cut their price target on Itron from $135.00 to $133.00 and set a “buy” rating on the stock in a report on Thursday, February 27th. Piper Sandler increased their price target on Itron from $119.00 to $124.00 and gave the stock a “neutral” rating in a report on Thursday, February 27th. Oppenheimer raised their target price on Itron from $124.00 to $131.00 and gave the company an “outperform” rating in a report on Wednesday, February 26th. Finally, StockNews.com lowered Itron from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 1st. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, Itron presently has an average rating of “Moderate Buy” and a consensus price target of $127.64.

Itron Price Performance

Shares of ITRI opened at $106.79 on Wednesday. Itron has a 12-month low of $87.91 and a 12-month high of $124.90. The business has a 50-day simple moving average of $103.96 and a two-hundred day simple moving average of $107.54. The company has a quick ratio of 2.83, a current ratio of 3.36 and a debt-to-equity ratio of 0.91. The stock has a market cap of $4.82 billion, a PE ratio of 21.88, a PEG ratio of 0.81 and a beta of 1.49.

Insiders Place Their Bets

In related news, SVP Christopher E. Ware sold 648 shares of Itron stock in a transaction on Monday, February 24th. The stock was sold at an average price of $92.90, for a total transaction of $60,199.20. Following the completion of the sale, the senior vice president now owns 20,326 shares of the company’s stock, valued at approximately $1,888,285.40. This trade represents a 3.09 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mary C. Hemmingsen sold 750 shares of Itron stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $107.27, for a total value of $80,452.50. Following the sale, the director now directly owns 5,630 shares of the company’s stock, valued at approximately $603,930.10. This trade represents a 11.76 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 4,037 shares of company stock valued at $385,815 over the last ninety days. 1.45% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Itron

Several hedge funds have recently added to or reduced their stakes in the company. Intech Investment Management LLC increased its holdings in shares of Itron by 105.9% in the third quarter. Intech Investment Management LLC now owns 19,444 shares of the scientific and technical instruments company’s stock worth $2,077,000 after buying an additional 10,001 shares during the period. Geode Capital Management LLC grew its holdings in shares of Itron by 0.5% during the 3rd quarter. Geode Capital Management LLC now owns 1,074,940 shares of the scientific and technical instruments company’s stock worth $114,835,000 after acquiring an additional 5,630 shares during the period. Hennion & Walsh Asset Management Inc. grew its holdings in shares of Itron by 78.3% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 6,083 shares of the scientific and technical instruments company’s stock worth $660,000 after acquiring an additional 2,671 shares during the period. Systematic Financial Management LP increased its holdings in Itron by 12.2% in the 3rd quarter. Systematic Financial Management LP now owns 134,362 shares of the scientific and technical instruments company’s stock worth $14,351,000 after acquiring an additional 14,590 shares in the last quarter. Finally, Merit Financial Group LLC purchased a new stake in Itron in the 4th quarter worth approximately $301,000. Institutional investors own 96.19% of the company’s stock.

Itron Company Profile

Itron, Inc, a technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide. It operates in three segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing, such as standard gas, electricity, water, and communicating meters, as well as heat and allocation products.