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Itron (ITRI) Stock Declines While Market Improves: Some Information for Investors
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In the latest close session, Itron (ITRI - Free Report) was down 1.31% at $134.84. The stock's change was less than the S&P 500's daily gain of 0.06%. Elsewhere, the Dow saw an upswing of 0.41%, while the tech-heavy Nasdaq depreciated by 0.39%.
Coming into today, shares of the energy and water meter company had gained 4.45% in the past month. In that same time, the Computer and Technology sector gained 9.6%, while the S&P 500 gained 5.88%.
The investment community will be paying close attention to the earnings performance of Itron in its upcoming release. The company is slated to reveal its earnings on July 31, 2025. On that day, Itron is projected to report earnings of $1.33 per share, which would represent year-over-year growth of 9.92%. At the same time, our most recent consensus estimate is projecting a revenue of $609.26 million, reflecting a 0.03% rise from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $5.45 per share and a revenue of $2.46 billion, indicating changes of -3.02% and +0.76%, respectively, from the former year.
Any recent changes to analyst estimates for Itron should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.07% lower within the past month. Itron is holding a Zacks Rank of #3 (Hold) right now.
With respect to valuation, Itron is currently being traded at a Forward P/E ratio of 25.08. Its industry sports an average Forward P/E of 25.09, so one might conclude that Itron is trading at a discount comparatively.
It's also important to note that ITRI currently trades at a PEG ratio of 0.86. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As the market closed yesterday, the Electronics - Testing Equipment industry was having an average PEG ratio of 2.67.
The Electronics - Testing Equipment industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 232, putting it in the bottom 7% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Itron (ITRI) Stock Declines While Market Improves: Some Information for Investors
In the latest close session, Itron (ITRI - Free Report) was down 1.31% at $134.84. The stock's change was less than the S&P 500's daily gain of 0.06%. Elsewhere, the Dow saw an upswing of 0.41%, while the tech-heavy Nasdaq depreciated by 0.39%.
Coming into today, shares of the energy and water meter company had gained 4.45% in the past month. In that same time, the Computer and Technology sector gained 9.6%, while the S&P 500 gained 5.88%.
The investment community will be paying close attention to the earnings performance of Itron in its upcoming release. The company is slated to reveal its earnings on July 31, 2025. On that day, Itron is projected to report earnings of $1.33 per share, which would represent year-over-year growth of 9.92%. At the same time, our most recent consensus estimate is projecting a revenue of $609.26 million, reflecting a 0.03% rise from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $5.45 per share and a revenue of $2.46 billion, indicating changes of -3.02% and +0.76%, respectively, from the former year.
Any recent changes to analyst estimates for Itron should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.07% lower within the past month. Itron is holding a Zacks Rank of #3 (Hold) right now.
With respect to valuation, Itron is currently being traded at a Forward P/E ratio of 25.08. Its industry sports an average Forward P/E of 25.09, so one might conclude that Itron is trading at a discount comparatively.
It's also important to note that ITRI currently trades at a PEG ratio of 0.86. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As the market closed yesterday, the Electronics - Testing Equipment industry was having an average PEG ratio of 2.67.
The Electronics - Testing Equipment industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 232, putting it in the bottom 7% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.