7 Analysts Have This To Say About Itron

In the last three months, 7 analysts have published ratings on Itron ITRI, offering a diverse range of perspectives from bullish to bearish.

The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.

Analysts have recently evaluated Itron and provided 12-month price targets. The average target is $102.0, accompanied by a high estimate of $115.00 and a low estimate of $81.00. Marking an increase of 10.07%, the current average surpasses the previous average price target of $92.67.

Analyzing Analyst Ratings: A Detailed Breakdown

The perception of Itron by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Itron. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Itron compared to the broader market.
• Price Targets: Analysts predict movements in price targets, offering estimates for Itron's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Itron's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Itron analyst ratings.

Discovering Itron: A Closer Look

Itron Inc provides solutions that measure, manage, and analyze energy and water use. It operates under the Itron brand and manages and reports under three operating segments: Device Solutions, Networked Solutions, and Outcomes. The device Solutions segment includes hardware products used for measurement, control, or sense that do not have communications capability embedded for use with broader Itron systems. The networked Solutions segment includes a combination of communicating devices, network infrastructure, and associated application software designed and sold as a complete solution. The outcome segment includes their value-added, enhanced software and services which manage, organize, analyze, and interpret data to improve decision-making and maximize operational profitability.

Itron: Delving into Financials

Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.

Revenue Growth: Over the 3 months period, Itron showcased positive performance, achieving a revenue growth rate of 23.46% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: Itron's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 7.69%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): Itron's ROE excels beyond industry benchmarks, reaching 3.48%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Itron's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.74%, the company showcases efficient use of assets and strong financial health.

Debt Management: With a below-average debt-to-equity ratio of 0.37, Itron adopts a prudent financial strategy, indicating a balanced approach to debt management.

The Significance of Analyst Ratings Explained

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

This article was generated by Benzinga's automated content engine and reviewed by an editor.