Roth Capital Has Optimistic Outlook of Itron Q1 Earnings

Itron, Inc. (NASDAQ:ITRI) – Equities researchers at Roth Capital boosted their Q1 2025 earnings estimates for Itron in a report released on Tuesday, February 25th. Roth Capital analyst C. Moore now expects that the scientific and technical instruments company will earn $1.26 per share for the quarter, up from their prior forecast of $1.09. The consensus estimate for Itron’s current full-year earnings is $5.33 per share. Roth Capital also issued estimates for Itron’s Q2 2025 earnings at $1.18 EPS, Q3 2025 earnings at $1.36 EPS, Q4 2025 earnings at $1.41 EPS, FY2025 earnings at $5.20 EPS and FY2026 earnings at $5.64 EPS.

A number of other equities research analysts have also issued reports on the stock. Robert W. Baird upped their target price on shares of Itron from $123.00 to $132.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. TD Cowen boosted their price target on shares of Itron from $125.00 to $136.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Canaccord Genuity Group boosted their price target on shares of Itron from $130.00 to $132.00 and gave the company a “buy” rating in a research report on Wednesday. Roth Mkm boosted their price target on shares of Itron from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Finally, StockNews.com raised shares of Itron from a “buy” rating to a “strong-buy” rating in a research report on Friday, February 21st. Three investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Itron has an average rating of “Moderate Buy” and a consensus price target of $127.64.

Itron Price Performance

Itron stock opened at $106.89 on Thursday. Itron has a 52-week low of $86.13 and a 52-week high of $124.90. The firm has a market capitalization of $4.82 billion, a price-to-earnings ratio of 21.90, a PEG ratio of 0.81 and a beta of 1.46. The company has a fifty day simple moving average of $104.98 and a 200-day simple moving average of $106.85. The company has a quick ratio of 2.83, a current ratio of 3.36 and a debt-to-equity ratio of 0.91.

Institutional Trading of Itron

Hedge funds have recently made changes to their positions in the business. GeoWealth Management LLC lifted its position in shares of Itron by 4,580.0% during the fourth quarter. GeoWealth Management LLC now owns 234 shares of the scientific and technical instruments company’s stock worth $25,000 after purchasing an additional 229 shares in the last quarter. Continuum Advisory LLC increased its stake in shares of Itron by 42.1% during the third quarter. Continuum Advisory LLC now owns 344 shares of the scientific and technical instruments company’s stock worth $40,000 after buying an additional 102 shares during the period. Quarry LP increased its stake in shares of Itron by 29.0% during the third quarter. Quarry LP now owns 454 shares of the scientific and technical instruments company’s stock worth $48,000 after buying an additional 102 shares during the period. Covestor Ltd increased its stake in shares of Itron by 26.1% during the third quarter. Covestor Ltd now owns 536 shares of the scientific and technical instruments company’s stock worth $57,000 after buying an additional 111 shares during the period. Finally, CoreCap Advisors LLC increased its stake in shares of Itron by 25.5% during the fourth quarter. CoreCap Advisors LLC now owns 616 shares of the scientific and technical instruments company’s stock worth $67,000 after buying an additional 125 shares during the period. Institutional investors and hedge funds own 96.19% of the company’s stock.

Insider Buying and Selling at Itron

In other news, SVP Christopher E. Ware sold 648 shares of the stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $92.90, for a total transaction of $60,199.20. Following the sale, the senior vice president now owns 20,326 shares of the company’s stock, valued at approximately $1,888,285.40. This represents a 3.09 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Joan S. Hooper sold 2,322 shares of the stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $92.90, for a total transaction of $215,713.80. Following the sale, the chief financial officer now directly owns 92,076 shares in the company, valued at $8,553,860.40. This represents a 2.46 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 3,287 shares of company stock valued at $305,362 over the last 90 days. 1.45% of the stock is owned by insiders.

Itron Company Profile

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.