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HomeMarketResultsItron, Inc. (NASDAQ:ITRI) Receives Average Recommendation of "Moderate Buy" from Analysts

Itron, Inc. (NASDAQ:ITRI) Receives Average Recommendation of “Moderate Buy” from Analysts


Shares of Itron, Inc. (NASDAQ:ITRIGet Rating) have been assigned a median suggestion of “Reasonable Purchase” from the ten brokerages which might be at the moment masking the inventory, MarketBeat reviews. 5 equities analysis analysts have rated the inventory with a maintain suggestion, two have assigned a purchase suggestion and one has assigned a powerful purchase suggestion to the corporate. The typical 1 12 months worth goal amongst analysts which have coated the inventory within the final 12 months is $55.13.

A lot of equities analysis analysts have weighed in on ITRI shares. Raymond James diminished their worth goal on Itron from $68.00 to $57.00 and set a “strong-buy” score for the corporate in a analysis observe on Friday, November 4th. Morgan Stanley lower their worth goal on Itron from $55.00 to $50.00 and set an “equal weight” score for the corporate in a analysis report on Friday, November 4th. EF Hutton Acquisition Co. I dropped their goal worth on shares of Itron from $72.00 to $60.00 and set a “purchase” score for the corporate in a report on Friday, November 4th. StockNews.com raised Itron from a “maintain” score to a “purchase” score in a analysis observe on Wednesday, December 14th. Lastly, JPMorgan Chase & Co. diminished their worth goal on Itron from $65.00 to $58.00 and set a “impartial” score for the corporate in a report on Thursday, October twentieth.

Itron Buying and selling Down 1.1 %

Shares of ITRI stock opened at $50.65 on Friday. Itron has a fifty-two week low of $39.38 and a fifty-two week excessive of $70.67. The corporate has a 50 day transferring common worth of $51.19 and a 200 day transferring common worth of $49.49. The inventory has a market capitalization of $2.29 billion, a P/E ratio of -25.20 and a beta of 1.34. The corporate has a debt-to-equity ratio of 0.40, a fast ratio of 1.20 and a present ratio of 1.61.

Itron (NASDAQ:ITRIGet Rating) final introduced its quarterly earnings knowledge on Thursday, November third. The scientific and technical devices firm reported $0.23 EPS for the quarter, hitting analysts’ consensus estimates of $0.23. Itron had a optimistic return on fairness of 4.62% and a detrimental internet margin of 5.01%. The enterprise had income of $420.86 million in the course of the quarter, in comparison with the consensus estimate of $459.68 million. Equities analysis analysts predict that Itron will publish 0.51 EPS for the present fiscal 12 months.

Insider Shopping for and Promoting at Itron

In associated information, SVP Donald L. Reeves III bought 2,000 shares of the inventory in a transaction that occurred on Friday, December twenty third. The inventory was bought at a median worth of $51.45, for a complete worth of $102,900.00. Following the completion of the transaction, the senior vice chairman now instantly owns 9,158 shares of the corporate’s inventory, valued at roughly $471,179.10. The sale was disclosed in a submitting with the Securities & Trade Fee, which is accessible by means of this link. 1.37% of the inventory is at the moment owned by insiders.

Institutional Buyers Weigh In On Itron

Institutional traders and hedge funds have not too long ago modified their holdings of the inventory. Raymond James & Associates elevated its stake in shares of Itron by 24.6% within the first quarter. Raymond James & Associates now owns 121,065 shares of the scientific and technical devices firm’s inventory price $6,378,000 after buying a further 23,871 shares over the past quarter. Raymond James Monetary Companies Advisors Inc. boosted its place in shares of Itron by 39.8% in the course of the first quarter. Raymond James Monetary Companies Advisors Inc. now owns 28,842 shares of the scientific and technical devices firm’s inventory price $1,519,000 after buying a further 8,213 shares within the final quarter. US Bancorp DE boosted its place in shares of Itron by 30.7% in the course of the first quarter. US Bancorp DE now owns 1,040 shares of the scientific and technical devices firm’s inventory price $54,000 after buying a further 244 shares within the final quarter. Non-public Advisor Group LLC purchased a brand new place in shares of Itron in the course of the first quarter price $299,000. Lastly, Natixis Advisors L.P. lifted its place in Itron by 10.4% within the 1st quarter. Natixis Advisors L.P. now owns 13,291 shares of the scientific and technical devices firm’s inventory valued at $700,000 after buying a further 1,256 shares within the final quarter. Institutional traders and hedge funds personal 96.64% of the corporate’s inventory.

Itron Firm Profile

(Get Rating)

Itron, Inc, a expertise and repair firm, offers end-to-end options that assist handle operations within the power, water, and good metropolis house worldwide. The corporate operates by means of three segments: Gadget Options, Networked Options, and Outcomes. The Gadget Options phase gives {hardware} merchandise which might be used for measurement, management, or sensing.

Featured Tales

Analyst Recommendations for Itron (NASDAQ:ITRI)

This instantaneous information alert was generated by narrative science expertise and monetary knowledge from MarketBeat so as to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial staff previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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