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.

Many analysts weighed in on price targets for ITRI. The most optimistic 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 a possible loss of -17.24 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is 0.11 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 1.35 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' 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.

The growth rate of ITRI's earnings is estimated by analysts to be 209.97 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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 P/E 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 market cap of ITRI is $2.82 billion. ITRI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.