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.

Several price targets were given for ITRI by the analysts covering the stock. The most optimistic analyst gave a price target of 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.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 0.11 percent. 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. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

Analysts estimate earnings of ITRI to grow at a rate of 209.97 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. ITRI has a PEG ratio of 0.36.

ITRI has traded between a high of 75.60 and a low of 40.53 over the past year. Today's price is 78.88 percent above the 52-week low, and 4.1 percent lower than its 52-week 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.