ITRI - Itron Inc Stock Price, Fair Value and News

106.38USD-0.94 (-0.88%)Market Closed

Market Summary

USD106.38-0.94

Market Closed

-0.88%

ITRI Alerts

Big jump in Earnings (Y/Y)

ITRI Stock Price

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ITRI RSI Chart

ITRI Valuation

Market Cap

4.9B

Price/Earnings (Trailing)

30.3

Price/Sales (Trailing)

2.14

EV/EBITDA

18.86

Price/Free Cashflow

35.43

ITRI Price/Sales (Trailing)

ITRI Profitability

EBT Margin

8.97%

Return on Equity

11.62%

Return on Assets

6.02%

Free Cashflow Yield

2.82%

ITRI Fundamentals

ITRI Revenue

Revenue (TTM)

2.3B

Rev. Growth (Yr)

22%

Rev. Growth (Qtr)

4.55%

ITRI Earnings

Earnings (TTM)

161.0M

Earnings Growth (Yr)

529.68%

Earnings Growth (Qtr)

17.45%

Breaking Down ITRI Revenue

Last 7 days

-0.9%

Last 30 days

16.3%

Last 90 days

46.9%

Trailing 12 Months

60.7%

How does ITRI drawdown profile look like?

ITRI Financial Health

Current Ratio

1.9

Debt/Equity

0.33

Debt/Cashflow

0.36

ITRI Investor Care

Shares Dilution (1Y)

0.98%

Diluted EPS (TTM)

3.49

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	2.3B	0	0	0
2023	1.8B	1.9B	2.1B	2.2B
2022	1.9B	1.9B	1.8B	1.8B
2021	2.1B	2.1B	2.0B	2.0B
2020	2.5B	2.4B	2.3B	2.2B
2019	2.4B	2.4B	2.5B	2.5B
2018	2.1B	2.2B	2.3B	2.4B
2017	2.0B	2.0B	2.0B	2.0B
2016	1.9B	2.0B	2.0B	2.0B
2015	1.9B	1.9B	1.9B	1.9B
2014	1.9B	1.9B	1.9B	1.9B
2013	2.1B	2.0B	1.9B	1.9B
2012	2.4B	2.4B	2.3B	2.2B
2011	2.3B	2.4B	2.4B	2.4B
2010	1.8B	2.0B	2.1B	2.3B
2009	0	1.8B	1.8B	1.7B
2008	0	0	0	1.9B

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Itron Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	tremblay diana d	acquired	-	-	684	-
Apr 01, 2024	jaehnert frank m	acquired	-	-	558	-
Apr 01, 2024	leyden timothy m	acquired	-	-	278	-
Apr 01, 2024	mirchandani sanjay	acquired	-	-	558	-
Apr 01, 2024	perez santiago	acquired	-	-	558	-
Apr 01, 2024	lande jerome j.	acquired	-	-	558	-
Apr 01, 2024	hemmingsen mary c.	acquired	-	-	558	-
Mar 25, 2024	deitrich thomas	acquired	299,940	35.13	8,538	president & ceo
Mar 07, 2024	lande jerome j.	sold	-1,418,890	95.2534	-14,896	-
Feb 28, 2024	ware christopher e.	sold	-12,379	91.0223	-136	vp, general counsel & corp sec

Which funds bought or sold ITRI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 10, 2024	JPMORGAN CHASE & CO	added	24.66	11,510,900	33,334,700	-%
May 10, 2024	Vontobel Holding Ltd.	reduced	-48.07	-22,099,100	38,659,900	0.31%
May 10, 2024	Kepos Capital LP	reduced	-61.82	-53,000	45,000	0.01%
May 10, 2024	TD Waterhouse Canada Inc.	added	24,745	6,230,340	6,249,280	0.05%
May 10, 2024	CORNERCAP INVESTMENT COUNSEL INC	unchanged	-	132,321	719,713	0.11%
May 10, 2024	PRINCIPAL SECURITIES, INC.	added	22.03	2,206	6,661	-%
May 10, 2024	Otter Creek Advisors, LLC	new	-	693,900	693,900	0.41%
May 10, 2024	JUPITER ASSET MANAGEMENT LTD	new	-	2,028,690	2,028,690	0.02%
May 10, 2024	OSAIC HOLDINGS, INC.	reduced	-54.76	-60,765	75,589	-%
May 10, 2024	CREDIT SUISSE AG/	reduced	-24.65	-1,780,430	21,415,000	0.02%

Are Funds Buying or Selling ITRI?

Are funds buying ITRI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ITRI

No. of Funds

ITRI Alerts

Big jump in Earnings (Y/Y)

Unveiling Itron Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	amundi	4.3%	1,946,307	SC 13G/A
Feb 13, 2024	vanguard group inc	12.43%	5,655,428	SC 13G/A
Jan 22, 2024	blackrock inc.	18.2%	8,289,683	SC 13G/A
Feb 13, 2023	impax asset management group plc	0.00%	0	SC 13G
Feb 10, 2023	blackrock inc.	16.9%	7,645,686	SC 13G/A
Feb 10, 2023	amundi	5.8%	2,602,998	SC 13G
Feb 09, 2023	vanguard group inc	11.57%	5,225,422	SC 13G/A
Jan 26, 2023	blackrock inc.	16.6%	7,472,948	SC 13G/A
Jan 20, 2023	blackrock inc.	16.6%	7,472,948	SC 13G/A
Feb 14, 2022	impax asset management group plc	5.13%	2,322,840	SC 13G

Recent SEC filings of Itron Inc

View All Filings

Date Filed	Form Type	Document
May 13, 2024	144	Notice of Insider Sale Intent
May 13, 2024	144	Notice of Insider Sale Intent
May 13, 2024	SD	SD
May 10, 2024	S-8 POS	Employee Benefits Plan
May 10, 2024	S-8 POS	Employee Benefits Plan
May 10, 2024	S-8 POS	Employee Benefits Plan
May 10, 2024	S-8 POS	Employee Benefits Plan
May 10, 2024	S-8 POS	Employee Benefits Plan
May 10, 2024	S-8 POS	Employee Benefits Plan
May 10, 2024	S-8 POS	Employee Benefits Plan

Peers (Alternatives to Itron Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AAPL	2.9T	381.6B	5.52%	7.95%	28.46	7.49	-0.90%	6.43%
APH	76.4B	12.8B	12.27%	69.40%	37.5	5.95	1.52%	6.35%
GLW	29.4B	12.4B	8.86%	10.62%	47.55	2.37	-9.51%	-33.28%
FTV	27.0B	6.1B	-6.77%	19.10%	30.06	4.41	3.71%	17.79%
FLEX	12.0B	29.4B	0.63%	20.97%	15.97	0.41	-1.12%	-8.06%
MID-CAP
CGNX	8.0B	847.2M	16.40%	-5.77%	80.71	9.49	-8.39%	-42.67%
ARW	6.8B	31.3B	3.55%	7.99%	9.6	0.22	-14.93%	-46.67%
BMI	5.7B	740.8M	27.04%	41.10%	55.67	7.69	25.07%	42.99%
AVT	4.8B	24.7B	11.31%	27.26%	8.32	0.19	-6.09%	-33.76%
ESE	2.7B	988.8M	3.12%	7.75%	27.41	2.73	8.64%	13.26%
SMALL-CAP
CNXN	1.7B	2.8B	2.60%	55.11%	20.91	0.62	-10.09%	0.74%
BHE	1.4B	2.8B	35.93%	86.77%	21.91	0.51	-4.25%	-5.27%
GPRO	250.8M	986.2M	-8.79%	-57.22%	-0.69	0.25	-6.21%	-5303.34%
AEY	25.6M	56.7M	-32.68%	6.87%	-3.8	0.59	-41.04%	-726.48%
CPSH	25.3M	26.4M	-1.14%	-41.02%	32.9	0.96	-2.48%	-64.63%

Itron Inc News

Latest updates

Itron Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	4.6%	603	577	561	541	495	467	421	432	475	486	487	489	520	525	540	510	598	628	624	635	615
Gross Profit	4.6%	205	196	187	174	156	141	120	126	135	121	135	150	167	149	143	139	172	177	196	191	187
Operating Expenses	-3.1%	143	147	132	139	167	128	113	160	128	229	131	157	136	116	167	184	145	149	157	148	166
S&GA Expenses	5.4%	86.00	82.00	77.00	79.00	76.00	78.00	63.00	73.00	76.00	79.00	72.00	74.00	76.00	62.00	65.00	70.00	80.00	82.00	84.00	88.00	93.00
R&D Expenses	-2.8%	52.00	54.00	52.00	54.00	50.00	47.00	44.00	45.00	50.00	50.00	47.00	49.00	52.00	45.00	46.00	49.00	54.00	52.00	51.00	49.00	50.00
EBITDA Margin	32.7%	0.12*	0.09*	0.08*	0.06*	0.02*	0.03*	-0.03*	-0.03*	-0.02*	-0.01*	0.07*	0.05*	-	-	-	-	-	-	-	-	-
Interest Expenses	1.2%	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	3.00	14.00	10.00	10.00	11.00	12.00	11.00	13.00	13.00	13.00	14.00
Income Taxes	194.8%	13.00	5.00	15.00	9.00	-0.07	-11.17	0.00	1.00	4.00	-51.09	1.00	-0.22	5.00	-0.13	-11.98	5.00	8.00	-0.07	6.00	8.00	6.00
Earnings Before Taxes	31.9%	65.00	49.00	56.00	34.00	-12.11	11.00	5.00	-36.22	5.00	-109	0.00	-32.66	18.00	21.00	-37.04	-57.69	17.00	14.00	24.00	29.00	6.00
EBT Margin	53.0%	0.09*	0.06*	0.04*	0.02*	-0.02*	-0.01*	-0.08*	-0.07*	-0.07*	-0.06*	0.00*	-0.01*	-	-	-	-	-	-	-	-	-
Net Income	17.5%	52.00	44.00	40.00	25.00	-12.04	22.00	4.00	-36.86	1.00	-59.69	-1.87	-32.44	14.00	21.00	-25.36	-62.49	9.00	15.00	17.00	20.00	-0.15
Net Income Margin	57.7%	0.07*	0.04*	0.04*	0.02*	-0.01*	-0.01*	-0.05*	-0.05*	-0.05*	-0.04*	0.00*	-0.01*	-	-	-	-	-	-	-	-	-
Free Cashflow	-13.1%	34.00	39.00	28.00	36.00	-5.47	-17.89	11.00	10.00	2.00	7.00	11.00	64.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	2.8%	2,677	2,604	2,511	2,499	2,446	2,378	2,317	2,308	2,420	2,394	2,423	2,489	2,928	2,607	3,016	3,012	3,072	2,708	2,676	2,706	2,697
Current Assets	4.5%	1,097	1,049	1,010	970	902	830	809	756	793	750	802	843	1,260	930	1,352	1,355	1,388	997	967	963	935
Cash Equivalents	-0.5%	301	302	255	233	196	202	215	209	204	163	189	207	575	207	586	545	555	150	141	136	111
Inventory	1.2%	287	284	276	267	265	229	204	175	171	166	175	179	169	182	205	227	222	228	231	230	221
Net PPE	-3.0%	125	129	130	133	136	140	139	151	157	163	190	196	200	208	206	216	226	233	226	229	225
Goodwill	1.1%	1,064	1,053	1,036	1,047	1,045	1,039	1,011	1,036	1,092	1,099	1,116	1,123	1,118	1,132	1,115	1,102	1,100	1,104	1,097	1,110	1,106
Liabilities	1.4%	1,291	1,273	1,254	1,270	1,252	1,187	1,200	1,174	1,233	1,251	1,223	1,288	1,707	1,767	2,219	2,209	2,276	1,907	1,914	1,960	1,965
Current Liabilities	7.6%	578	537	556	560	537	499	502	461	502	501	496	514	910	550	587	602	667	671	685	670	666
Long Term Debt	0.1%	455	455	454	454	453	453	452	451	451	450	450	479	497	903	1,313	1,320	1,327	932	930	970	981
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	-	-	-	400	18.00	21.00	14.00	7.00	-	39.00	27.00	23.00
LT Debt, Non Current	-100.0%	-	455	454	454	453	453	452	451	451	450	450	479	497	903	1,313	1,320	1,327	932	930	970	981
Shareholder's Equity	5.7%	1,385	1,311	1,238	1,229	1,194	1,168	1,117	1,133	1,187	1,143	1,200	1,201	1,221	840	797	803	795	801	762	747	732
Retained Earnings	12.1%	-376	-428	-472	-512	-537	-525	-547	-551	-514	-515	-456	-454	-421	-434	-455	-430	-367	-376	-391	-407	-427
Shares Outstanding	0.7%	46.00	46.00	45.00	45.00	45.00	45.00	45.00	45.00	45.00	44.00	44.00	43.00	-	-	-	-	-	-	-	-	-
Minority Interest	0.3%	21.00	21.00	20.00	24.00	23.00	23.00	23.00	23.00	27.00	27.00	26.00	25.00	25.00	24.00	25.00	25.00	25.00	24.00	25.00	23.00	23.00
Float	-	-	-	-	3,247	-	-	-	2,208	-	-	-	4,477	-	-	-	2,649	-	-	-	2,437	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-13.8%	41,308	47,895	34,087	41,560	1,429	-13,030	14,874	15,065	7,591	13,647	18,467	72,725	49,955	38,943	44,785	6,892	18,894	44,740	50,037	53,139	24,924
Share Based Compensation	46.0%	11,429	7,826	6,837	6,775	6,919	4,465	4,884	6,405	6,127	5,367	5,665	6,088	6,498	4,415	5,057	7,099	8,482	5,896	7,281	6,578	7,205
Cashflow From Investing	-855.8%	-41,146	-4,305	-5,783	-5,562	-7,658	-2,978	-3,521	-3,934	50,949	-13,065	-7,304	-8,709	-5,806	-7,564	-4,313	-19,902	-9,257	-13,587	-17,855	-5,622	-11,116
Cashflow From Financing	223.9%	1,077	-869	-3,409	865	-95.00	659	680	-2,971	-17,105	-16,079	-28,664	-432,725	324,581	-414,166	627	226	401,737	-23,927	-27,065	-23,284	-23,243
Buy Backs	-	-	-	-	-	-	-	-	343	16,629	8,028	-	-	-	-	-	-664	664	-	-	17,186	7,814

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ITRI Income Statement

2024-03-31

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues
Revenues	$ 603,442	$ 494,618
Cost of revenues
Cost of revenues	398,063	338,250
Gross profit	205,379	156,368
Operating expenses
Sales, general and administrative	85,971	75,521
Research and development	52,401	49,565
Amortization of intangible assets	3,986	5,048
Restructuring	198	36,609
Loss on sale of business	23	18
Total operating expenses	142,579	166,761
Operating income (loss)	62,800	(10,393)
Other income (expense)
Interest income	3,846	1,818
Interest expense	(1,893)	(2,057)
Other income (expense), net	463	(1,475)
Total other income (expense)	2,416	(1,714)
Income (loss) before income taxes	65,216	(12,107)
Income tax benefit (provision)	(13,429)	70
Net income (loss)	51,787	(12,037)
Net income (loss) attributable to noncontrolling interests	66	(201)
Net income (loss) attributable to Itron, Inc.	$ 51,721	$ (11,836)
Earnings (loss) per common share - Basic (in dollars per share)	$ 1.13	$ (0.26)
Earnings (loss) per common share - Diluted (in dollars per share)	$ 1.12	$ (0.26)
Weighted average common shares outstanding - Basic (in shares)	45,652	45,281
Weighted average common shares outstanding - Diluted (in shares)	46,357	45,281
Product [Member]
Revenues
Revenues	$ 527,822	$ 416,324
Cost of revenues
Cost of revenues	356,707	297,343
Service [Member]
Revenues
Revenues	75,620	78,294
Cost of revenues
Cost of revenues	$ 41,356	$ 40,907

ITRI Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 300,606	$ 302,049
Accounts receivable, net	339,948	303,821
Inventories	287,220	283,686
Other current assets	169,323	159,882
Total current assets	1,097,097	1,049,438
Property, plant, and equipment, net	124,979	128,806
Deferred tax assets, net	249,694	247,211
Other long-term assets	42,397	38,836
Operating lease right-of-use assets, net	40,998	41,186
Intangible assets, net	57,123	46,282
Goodwill	1,064,275	1,052,504
Total assets	2,676,563	2,604,263
Current liabilities
Accounts payable	223,575	199,520
Other current liabilities	59,621	54,407
Wages and benefits payable	94,318	135,803
Taxes payable	27,754	8,636
Current portion of warranty	15,812	14,663
Unearned revenue	157,237	124,207
Total current liabilities	578,317	537,236
Long-term debt, net	455,400	454,827
Long-term warranty	7,763	7,501
Pension benefit obligation	62,626	63,887
Deferred tax liabilities, net	678	697
Operating lease liabilities	31,702	32,656
Other long-term obligations	154,767	176,028
Total liabilities	1,291,253	1,272,832
Equity
Preferred stock, no par value, 10,000 shares authorized, no shares issued or outstanding	0	0
Common stock, no par value, 75,000 shares authorized, 45,850 and 45,512 shares issued and outstanding	1,833,510	1,820,510
Accumulated other comprehensive loss, net	(92,098)	(81,190)
Accumulated deficit	(376,688)	(428,409)
Total Itron, Inc. shareholders' equity	1,364,724	1,310,911
Noncontrolling interests	20,586	20,520
Total equity	1,385,310	1,331,431
Total liabilities and equity	$ 2,676,563	$ 2,604,263

About Itron Inc

Itron, Inc., a technology and service company, provides end-to-end solutions that help manage operations in the energy, water, and smart city space worldwide. It operates through three segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing. The Networked Solutions segment provides a combination of communicating devices, such as smart meters, modules, endpoints, and sensors; network infrastructure; and associated application software for acquiring and transporting application-specific data. The Outcomes segment offers value-added, enhanced software and services for managing, organizing, analyzing, and interpreting data to enhance decision making, maximize operational profitability, drive resource efficiency, and deliver results for consumers, utilities, and smart cities. In addition, it offers implementation, project management, installation, consulting, and post-sale maintenance support services, as well as cloud and software-as-a-service; and extended or customer-specific warranties. It offers its products and services under the Itron brand. The company markets its products directly through its sales force, as well as through indirect sales force consisting of distributors, agents, partners, and meter manufacturer representatives to utilities and municipalities. Itron, Inc. was incorporated in 1977 and is headquartered in Liberty Lake, Washington.

CEO	Mr. Thomas L. Deitrich
WEBSITE	itron.com/na
INDUSTRY	Consumer Electronics
EMPLOYEES	4822

Itron Inc Frequently Asked Questions

What is the ticker symbol for Itron Inc? What does ITRI stand for in stocks?

ITRI is the stock ticker symbol of Itron Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Itron Inc (ITRI)?

As of Mon May 13 2024, market cap of Itron Inc is 4.88 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ITRI stock?

You can check ITRI's fair value in chart for subscribers.

What is the fair value of ITRI stock?

You can check ITRI's fair value in chart for subscribers. The fair value of Itron Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Itron Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ITRI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Itron Inc a good stock to buy?

The fair value guage provides a quick view whether ITRI is over valued or under valued. Whether Itron Inc is cheap or expensive depends on the assumptions which impact Itron Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ITRI.

What is Itron Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon May 13 2024, ITRI's PE ratio (Price to Earnings) is 30.3 and Price to Sales (PS) ratio is 2.14. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ITRI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Itron Inc's stock?

In the past 10 years, Itron Inc has provided 0.108 (multiply by 100 for percentage) rate of return.