Analyst Ratings for Itron Inc. (ITRI)

Updated: 2017-07-27

Shares of Itron Inc. (NASDAQ:ITRI) have received a consensus rating of Overweight from Wall Street analysts. ITRI had previously received a consensus rating of Overweight a month ago.

6 analysts declared ITRI a buy, 1 gave an overweight rating, 3 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.

A number of analysts gave price targets for ITRI. The highest price target was 88, which equates to a potential upside of 21.38 percent. The most pessimistic analyst gave a price target of 60, implying potential capital losses of -17.24 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes 0.11 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.35 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

ITRI has an estimated earnings growth rate of 209.97 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of ITRI is 0.36.

ITRI has traded between a high of 75.60 and a low of 40.53 over the past year. The current market price is above the trailing year's low by 78.88 percent, and 4.1 percent below the high. ITRI has a price/earnings ratio of 75.57. Investors typically compare the P/E ratio to a company's peers in the industry. The ITRI value stock report compares ITRI to some of its peers using value stock charts. The stock has a market capitalization of $2.82 billion. ITRI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.