Zacks Research Analysts Lift Earnings Estimates for Itron

Itron, Inc. (NASDAQ:ITRI) – Investment analysts at Zacks Research raised their Q2 2025 EPS estimates for Itron in a research note issued on Thursday, May 22nd. Zacks Research analyst R. Department now forecasts that the scientific and technical instruments company will earn $1.27 per share for the quarter, up from their previous forecast of $1.22. The consensus estimate for Itron’s current full-year earnings is $5.33 per share. Zacks Research also issued estimates for Itron’s FY2025 earnings at $5.36 EPS, Q1 2027 earnings at $1.64 EPS and FY2027 earnings at $6.99 EPS.

Itron (NASDAQ:ITRI) last posted its quarterly earnings results on Thursday, May 1st. The scientific and technical instruments company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.30 by $0.22. Itron had a net margin of 9.37% and a return on equity of 19.03%. The firm had revenue of $607.15 million during the quarter, compared to analyst estimates of $608.86 million. During the same quarter in the prior year, the business posted $1.24 earnings per share. The company’s quarterly revenue was up .6% compared to the same quarter last year.

ITRI has been the topic of several other reports. Piper Sandler decreased their price objective on shares of Itron from $124.00 to $121.00 and set a “neutral” rating on the stock in a research note on Monday, May 5th. Oppenheimer upped their price objective on shares of Itron from $124.00 to $131.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 26th. Canaccord Genuity Group upped their price objective on shares of Itron from $130.00 to $132.00 and gave the stock a “buy” rating in a research note on Wednesday, February 26th. Wall Street Zen raised shares of Itron from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Guggenheim reaffirmed a “buy” rating and set a $133.00 price objective on shares of Itron in a research note on Thursday, April 17th. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, Itron currently has an average rating of “Moderate Buy” and an average target price of $127.36.

Itron Stock Performance

NASDAQ:ITRI opened at $112.63 on Monday. Itron has a 12-month low of $90.11 and a 12-month high of $124.90. The company has a quick ratio of 2.83, a current ratio of 3.36 and a debt-to-equity ratio of 0.91. The firm has a market capitalization of $5.13 billion, a PE ratio of 23.08, a price-to-earnings-growth ratio of 0.81 and a beta of 1.31. The firm has a 50-day moving average price of $106.18 and a 200 day moving average price of $107.80.

Institutional Trading of Itron

A number of institutional investors have recently bought and sold shares of ITRI. GeoWealth Management LLC grew its holdings in Itron by 4,580.0% during the 4th quarter. GeoWealth Management LLC now owns 234 shares of the scientific and technical instruments company’s stock worth $25,000 after acquiring an additional 229 shares during the period. Proficio Capital Partners LLC acquired a new stake in Itron during the 4th quarter worth $30,000. Wayfinding Financial LLC acquired a new stake in Itron during the 1st quarter worth $45,000. Hager Investment Management Services LLC acquired a new stake in Itron during the 4th quarter worth $67,000. Finally, CoreCap Advisors LLC grew its holdings in Itron by 25.5% during the 4th quarter. CoreCap Advisors LLC now owns 616 shares of the scientific and technical instruments company’s stock worth $67,000 after acquiring an additional 125 shares during the period. Institutional investors and hedge funds own 96.19% of the company’s stock.

Insider Activity at Itron

In related news, Director Mary C. Hemmingsen sold 5,150 shares of the firm’s stock in a transaction that occurred on Tuesday, May 6th. The shares were sold at an average price of $108.70, for a total value of $559,805.00. Following the completion of the sale, the director now owns 952 shares of the company’s stock, valued at $103,482.40. This trade represents a 84.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 1.45% of the stock is currently owned by company insiders.

About Itron

Itron, Inc, a technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide. It operates in three segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing, such as standard gas, electricity, water, and communicating meters, as well as heat and allocation products.