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 maximum price target given was 88, which equates to a potential upside of 21.38 percent. The minimum price target given was 60, implying potential capital losses of -17.24 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. 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.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, 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 made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of ITRI to grow at a rate of 209.97 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, 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.

In the trailing 52-weeks, ITRI hit 75.60 at the highest peak, while it's lowest trading point was 40.53. Currently the stock is 78.88 percent higher than its low, and below the high by 4.1 percent. 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 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.