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.

Investment analysts gave a few price targets for ITRI. The highest price target was 88, which equates to a potential upside of 21.38 percent. The lowest price target was 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.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which 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.

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, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

ITRI has an estimated earnings growth rate of 209.97 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, 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 a 52-week high of 75.60 and a 52-week low of 40.53. 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 stock has a market capitalization of $2.82 billion. ITRI will post this quarters earnings in days, on 0000-00-00.