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Itron Inc. (NASDAQ: ITRI) closed the day trading at $96.71 up 0.17% from the previous closing price of $96.55. In other words, the price has increased by $0.17 from its previous closing price. On the day, 0.67 million shares were traded. ITRI stock price reached its highest trading level at $98.5956 during the session, while it also had its lowest trading level at $96.48.
Ratios:
For a better understanding of ITRI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.22. For the most recent quarter (mrq), Quick Ratio is recorded 2.61 and its Current Ratio is at 3.16. In the meantime, Its Debt-to-Equity ratio is 1.02 whereas as Long-Term Debt/Eq ratio is at 1.02.
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, TD Cowen on August 02, 2024, Reiterated its Buy rating but revised its target price to $125 from $115 previously.
On July 11, 2024, Guggenheim Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $130.
Piper Sandler Downgraded its Overweight to Neutral on May 21, 2024, while the target price for the stock was maintained at $109.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 12 ’24 when Pulatie-Hahn Laurie Ann sold 78 shares for $96.31 per share. The transaction valued at 7,512 led to the insider holds 18,447 shares of the business.
Pulatie-Hahn Laurie Ann bought 78 shares of ITRI for $7,512 on Aug 12 ’24. On May 24 ’24, another insider, Ware Christopher E., who serves as the SVP, GC & Corp. Secretary of the company, sold 90 shares for $108.87 each. As a result, the insider received 9,798 and left with 15,281 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 4348352512 and an Enterprise Value of 4709887488. As of this moment, Itron’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.84, and their Forward P/E ratio for the next fiscal year is 20.45. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.92. 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 3.51. Its current Enterprise Value per Revenue stands at 2.004 whereas that against EBITDA is 16.24.
Stock Price History:
Over the past 52 weeks, ITRI has reached a high of $113.07, while it has fallen to a 52-week low of $56.11. The 50-Day Moving Average of the stock is -5.06%, while the 200-Day Moving Average is calculated to be 10.68%.
Shares Statistics:
Over the past 3-months, ITRI traded about 662.28K shares per day on average, while over the past 10 days, ITRI traded about 836770 shares per day. A total of 45.51M shares are outstanding, with a floating share count of 44.47M. Insiders hold about 1.09% of the company’s shares, while institutions hold 104.18% stake in the company. Shares short for ITRI as of 1722384000 were 3325678 with a Short Ratio of 5.02, compared to 1719532800 on 2628025. Therefore, it implies a Short% of Shares Outstanding of 3325678 and a Short% of Float of 10.96.
