Itron (NASDAQ:ITRI) Issues FY 2025 Earnings Guidance

Itron (NASDAQ:ITRI) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 5.200-5.600 for the period, compared to the consensus earnings per share estimate of 5.000. The company issued revenue guidance of $2.4 billion-$2.5 billion, compared to the consensus revenue estimate of $2.5 billion. Itron also updated its Q1 2025 guidance to 1.250-1.350 EPS.

Analyst Upgrades and Downgrades

ITRI has been the topic of several research analyst reports. Roth Mkm lifted their target price on shares of Itron from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Guggenheim lifted their price objective on Itron from $128.00 to $135.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Piper Sandler increased their target price on Itron from $110.00 to $119.00 and gave the company a “neutral” rating in a report on Friday, November 1st. Oppenheimer lifted their price target on Itron from $120.00 to $124.00 and gave the stock an “outperform” rating in a research note on Friday, November 1st. Finally, Robert W. Baird boosted their price target on Itron from $123.00 to $132.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $123.92.

Itron Stock Performance

NASDAQ:ITRI traded up $6.86 during midday trading on Wednesday, reaching $108.67. The stock had a trading volume of 330,722 shares, compared to its average volume of 589,241. The stock has a market cap of $4.90 billion, a P/E ratio of 22.27, a P/E/G ratio of 0.81 and a beta of 1.46. The company has a quick ratio of 2.83, a current ratio of 3.36 and a debt-to-equity ratio of 0.91. Itron has a 12-month low of $86.13 and a 12-month high of $124.90. The firm has a fifty day simple moving average of $104.99 and a two-hundred day simple moving average of $106.84.

Insider Transactions at Itron

In other Itron news, CFO Joan S. Hooper sold 2,322 shares of the business’s stock in a transaction on Monday, February 24th. The stock was sold at an average price of $92.90, for a total transaction of $215,713.80. Following the sale, the chief financial officer now directly owns 92,076 shares in the company, valued at approximately $8,553,860.40. The trade was a 2.46 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Christopher E. Ware sold 648 shares of the business’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $92.90, for a total transaction of $60,199.20. Following the completion of the sale, the senior vice president now owns 20,326 shares in the company, valued at $1,888,285.40. This represents a 3.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 3,287 shares of company stock worth $305,362 over the last ninety days. 1.45% of the stock is currently owned by company insiders.

About Itron

Itron, Inc, a technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide. It operates in three segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing, such as standard gas, electricity, water, and communicating meters, as well as heat and allocation products.