Itron Inc (NASDAQ: ITRI) is -1.56% lower on its value in year-to-date trading and has touched a low of $86.13 and a high of $124.90 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ITRI stock was last observed hovering at around $107.72 in the last trading session, with the day’s loss setting it -0.83%.
Currently trading at $106.89, the stock is 4.88% and 1.37% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.02 million and changing -0.77% at the moment leaves the stock 0.98% off its SMA200. ITRI registered 16.87% gain for a year compared to 6-month gain of 5.11%.
The stock witnessed a 1.25% loss in the last 1 month and extending the period to 3 months gives it a -10.12%, and is 9.42% up 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 4.21% over the week and 2.80% over the month.
Itron Inc (ITRI) has around 5788 employees, a market worth around $4.83B and $2.44B in sales. Current P/E ratio is 20.63 and Fwd P/E is 17.77. Profit margin for the company is 9.80%. Distance from 52-week low is 24.10% and -14.42% from its 52-week high. The company has generated returns on investments over the last 12 months (8.99%).
with sales reaching $608.86M over the same period.The EPS is expected to shrink by -4.49% this year, but quarterly earnings will post 1.03% year-over-year. Quarterly sales are estimated to grow 0.90% in year-over-year returns.
The shares outstanding are 45.13M, and float is at 44.55M with Short Float at 7.88%.
The top institutional shareholder in the company is BLACKROCK INC. with over 7.66 million shares valued at $758.43 million. The investor’s holdings represent 16.7879 of the ITRI Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.76 million shares valued at $569.61 million to account for 12.6084 of the shares outstanding. The other top investors are INVESCO LTD. which holds 2.18 million shares representing 4.7834 and valued at over $216.1 million, while STATE STREET CORP holds 3.8999 of the shares totaling 1.78 million with a market value of $176.18 million.
Itron Inc (ITRI) Insider Activity
Itron Inc disclosed in a document filed with the SEC on Feb 25 ’25 that Wright David Marshall (VP, Corp. Controller & CAO) sold a total of 215 shares of the company’s common stock. The trade occurred on Feb 25 ’25 and was made at $102.45 per share for $22028.0. Following the transaction, the insider now directly holds 7893.0 shares of the ITRI stock.
Still, SEC filings show that on Feb 25 ’25, Ware Christopher E. (SVP, GC & Corp. Secretary) disposed off 103 shares at an average price of $102.45 for $10553.0. The insider now directly holds 20,223 shares of Itron Inc (ITRI).
