Itron Inc Stock Today

ITRI Stock  USD 118.53  0.76  0.64%   

Performance

13 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 1

 
High
 
Low
Very Small
Itron is trading at 118.53 as of the 30th of November 2024. This is a 0.64 percent decrease since the beginning of the trading day. The stock's open price was 119.29. Itron has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Itron Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
4th of November 1993
Category
Technology
Classification
Information Technology
Itron, Inc., a technology and service company, provides end-to-end solutions that help manage operations in the energy, water, and smart city space worldwide. Itron, Inc. was incorporated in 1977 and is headquartered in Liberty Lake, Washington. Itron operates under Scientific Technical Instruments classification in the United States and is traded on NASDAQ Exchange. The company has 45.09 M outstanding shares of which 3.06 M shares are currently shorted by private and institutional investors with about 5.6 trading days to cover. More on Itron Inc

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Itron Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CFO, Senior Vice PresidentJoan Hooper
Thematic Ideas
(View all Themes)
Business ConcentrationElectronic Equipment, Instruments & Components, Scientific & Technical Instruments, Information Technology, SP Small-Cap 600, NASDAQ Composite, NASDAQ Composite Total, Climate Change, Measuring and Control Equipment, Information Technology, Electronic Equipment, Instruments & Components, Scientific & Technical Instruments, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.020.8346
Fairly Up
Slightly volatile
Gross Profit Margin0.40.3284
Fairly Up
Slightly volatile
Total Current Liabilities340.4 M537.2 M
Way Down
Slightly volatile
Non Current Liabilities Total578.6 M735.6 M
Significantly Down
Slightly volatile
Total Assets1.6 B2.6 B
Way Down
Slightly volatile
Total Current Assets570.9 MB
Way Down
Slightly volatile
Total Cash From Operating Activities101.1 M125 M
Significantly Down
Pretty Stable
Debt Levels
Itron can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Itron's financial leverage. It provides some insight into what part of Itron's total assets is financed by creditors.
Liquidity
Itron Inc currently holds 502.46 M in liabilities with Debt to Equity (D/E) ratio of 0.44, which is about average as compared to similar companies. Itron Inc has a current ratio of 1.61, which is within standard range for the sector. Note, when we think about Itron's use of debt, we should always consider it together with its cash and equity.

Change In Working Capital

(41.63 Million)
Itron Inc (ITRI) is traded on NASDAQ Exchange in USA. It is located in 2111 North Molter Road, Liberty Lake, WA, United States, 99019 and employs 5,081 people. Itron is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.34 B. Itron Inc conducts business under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 45.09 M outstanding shares of which 3.06 M shares are currently shorted by private and institutional investors with about 5.6 trading days to cover. Itron Inc currently holds about 208.5 M in cash with 124.97 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.62.
Check Itron Probability Of Bankruptcy
Ownership Allocation
The majority of Itron Inc outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Itron to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Itron Inc. Please pay attention to any change in the institutional holdings of Itron Inc as this could imply that something significant has changed or is about to change at the company.
Check Itron Ownership Details

Itron Stock Institutional Holders

InstituionRecorded OnShares
Pggm Investments2024-06-30
609.7 K
Hhg Plc2024-06-30
564 K
Charles Schwab Investment Management Inc2024-09-30
562.5 K
Loomis, Sayles & Company Lp2024-06-30
556.5 K
Goldman Sachs Group Inc2024-06-30
551.2 K
Bank Of New York Mellon Corp2024-06-30
524.4 K
Northern Trust Corp2024-09-30
513.7 K
Assenagon Asset Management Sa2024-09-30
511.7 K
Nuveen Asset Management, Llc2024-06-30
486.7 K
Blackrock Inc2024-06-30
7.7 M
Vanguard Group Inc2024-09-30
M
View Itron Diagnostics

Itron Historical Income Statement

As of now, Itron's Income Before Tax is increasing as compared to previous years. The Itron's current Net Income is estimated to increase to about 101.8 M, while Interest Expense is projected to decrease to under 7.9 M. View More Fundamentals

Itron Stock Against Markets

Itron Corporate Management

When determining whether Itron Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Itron's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Itron Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Itron Inc Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Itron Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
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Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Itron. If investors know Itron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Itron listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.954
Earnings Share
4.87
Revenue Per Share
52.896
Quarterly Revenue Growth
0.098
Return On Assets
0.0544
The market value of Itron Inc is measured differently than its book value, which is the value of Itron that is recorded on the company's balance sheet. Investors also form their own opinion of Itron's value that differs from its market value or its book value, called intrinsic value, which is Itron's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Itron's market value can be influenced by many factors that don't directly affect Itron's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Itron's value and its price as these two are different measures arrived at by different means. Investors typically determine if Itron is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Itron's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.