Itron Inc. (NASDAQ: ITRI) is 35.74% higher on its value in year-to-date trading and has touched a low of $56.11 and a high of $111.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ITRI stock was last observed hovering at around $102.94 in the last trading session, with the day’s loss setting it -0.44%.
Currently trading at $102.50, the stock is 2.03% and -2.18% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.72 million and changing -0.43% at the moment leaves the stock 23.29% off its SMA200. ITRI registered 35.06% gain for a year compared to 6-month gain of 47.82%.
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The stock witnessed a -0.42% loss in the last 1 month and extending the period to 3 months gives it a 13.23%, and is -0.89% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.85% over the week and 2.49% over the month.
Itron Inc. (ITRI) has around 5859 employees, a market worth around $4.70B and $2.28B in sales. Current P/E ratio is 29.40 and Fwd P/E is 22.78. Profit margin for the company is 7.03%. Distance from 52-week low is 82.68% and -7.66% from its 52-week high. The company has generated returns on investments over the last 12 months (8.67%).
The EPS is expected to grow by 19.46% this year
The shares outstanding are 45.51M, and float is at 45.38M with Short Float at 5.79%.
Itron Inc. (ITRI) Insider Activity
The most recent transaction is an insider sale by Deitrich Thomas, the company’s President & CEO. SEC filings show that Deitrich Thomas sold 873 shares of the company’s common stock on May 24 ’24 at a price of $108.87 per share for a total of $95044.0. Following the sale, the insider now owns 0.21 million shares.
Itron Inc. disclosed in a document filed with the SEC on May 24 ’24 that Hooper Joan S (SVP & CFO) sold a total of 501 shares of the company’s common stock. The trade occurred on May 24 ’24 and was made at $108.87 per share for $54544.0. Following the transaction, the insider now directly holds 72847.0 shares of the ITRI stock.
Still, SEC filings show that on May 24 ’24, Marcolini John F. (SVP, Networked Solutions) disposed off 219 shares at an average price of $108.87 for $23843.0. The insider now directly holds 15,584 shares of Itron Inc. (ITRI).
