Itron (ITRI) Projected to Post Quarterly Earnings on Tuesday

Itron (NASDAQ:ITRI) is expected to be issuing its quarterly earnings data before the market opens on Tuesday, February 25th. Analysts expect the company to announce earnings of $1.05 per share and revenue of $604.18 million for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Itron Price Performance

ITRI stock opened at $93.94 on Monday. Itron has a 12 month low of $73.64 and a 12 month high of $124.90. The company has a current ratio of 3.36, a quick ratio of 2.83 and a debt-to-equity ratio of 0.91. The company has a 50-day moving average price of $105.60 and a 200 day moving average price of $106.86. The stock has a market cap of $4.24 billion, a PE ratio of 19.25, a P/E/G ratio of 0.81 and a beta of 1.46.

Wall Street Analysts Forecast Growth

ITRI has been the subject of a number of recent analyst reports. Robert W. Baird lifted their price target on shares of Itron from $123.00 to $132.00 and gave the stock an “outperform” rating in a research note on Friday, November 1st. Guggenheim boosted their price objective on shares of Itron from $128.00 to $135.00 and gave the company a “buy” rating in a research report on Wednesday, November 6th. Oppenheimer boosted their price objective on shares of Itron from $120.00 to $124.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Roth Mkm boosted their price objective on shares of Itron from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Finally, Piper Sandler boosted their price objective on shares of Itron from $110.00 to $119.00 and gave the company a “neutral” rating in a research report on Friday, November 1st. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $123.92.

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.