In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of Itron Inc (NASDAQ: ITRI) was $98.50 for the day, down -6.99% from the previous closing price of $105.90. In other words, the price has decreased by -$6.99 from its previous closing price. On the day, 1.07 million shares were traded. ITRI stock price reached its highest trading level at $105.86 during the session, while it also had its lowest trading level at $98.42.
Ratios:
Our analysis of ITRI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.13. For the most recent quarter (mrq), Quick Ratio is recorded 2.83 and its Current Ratio is at 3.36. In the meantime, Its Debt-to-Equity ratio is 0.94 whereas as Long-Term Debt/Eq ratio is at 0.94.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Janney on September 27, 2024, initiated with a Buy rating and assigned the stock a target price of $131.
On September 05, 2024, Exane BNP Paribas started tracking the stock assigning a Outperform rating and target price of $133.
TD Cowen reiterated its Buy rating for the stock on August 02, 2024, while the target price for the stock was revised from $115 to $125.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 11 ’25 when Pulatie-Hahn Laurie Ann bought 96 shares for $103.44 per share.
Deitrich Thomas sold 34,787 shares of ITRI for $3,833,458 on Jan 03 ’25. The President & CEO now owns 204,393 shares after completing the transaction at $110.20 per share. On Jan 02 ’25, another insider, Deitrich Thomas, who serves as the President & CEO of the company, sold 2,954 shares for $110.11 each. As a result, the insider received 325,265 and left with 204,393 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ITRI now has a Market Capitalization of 4441325568 and an Enterprise Value of 4748953600. As of this moment, Itron’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.17, and their Forward P/E ratio for the next fiscal year is 19.89. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.85 while its Price-to-Book (P/B) ratio in mrq is 3.29. Its current Enterprise Value per Revenue stands at 1.974 whereas that against EBITDA is 15.288.
Stock Price History:
The Beta on a monthly basis for ITRI is 1.50, which has changed by 0.39838898 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, ITRI has reached a high of $124.90, while it has fallen to a 52-week low of $71.72. The 50-Day Moving Average of the stock is -9.80%, while the 200-Day Moving Average is calculated to be -7.03%.
Shares Statistics:
ITRI traded an average of 413.06K shares per day over the past three months and 389220 shares per day over the past ten days. A total of 45.02M shares are outstanding, with a floating share count of 44.29M. Insiders hold about 1.77% of the company’s shares, while institutions hold 108.28% stake in the company. Shares short for ITRI as of 1738281600 were 3064256 with a Short Ratio of 7.50, compared to 1735603200 on 3167124. Therefore, it implies a Short% of Shares Outstanding of 3064256 and a Short% of Float of 10.05.
