Itron (ITRI) Projected to Post Quarterly Earnings on Tuesday

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

Itron Trading Down 1.7 %

Shares of ITRI opened at $97.00 on Tuesday. Itron has a 1-year low of $73.64 and a 1-year high of $124.90. The firm’s 50-day moving average price is $106.86 and its 200-day moving average price is $106.89. 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 firm has a market capitalization of $4.37 billion, a price-to-earnings ratio of 19.88, a PEG ratio of 0.88 and a beta of 1.46.

Analyst Ratings Changes

Several research analysts have recently issued reports on ITRI shares. Oppenheimer upped their target price on shares of Itron from $120.00 to $124.00 and gave the stock an “outperform” rating in a research note on Friday, November 1st. Roth Mkm raised their target price on shares of Itron from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Robert W. Baird upped their target price on shares of Itron from $123.00 to $132.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. StockNews.com cut shares of Itron from a “strong-buy” rating to a “buy” rating in a research report on Thursday, February 13th. Finally, TD Cowen lifted their price target on Itron from $125.00 to $136.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Three research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, Itron has an average rating of “Moderate Buy” and an average price target of $123.92.

About Itron

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.