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Itron's AMI Solution Deployed by ASPA for Grid Modernization
ZACKS· 2025-09-18 16:41
Core Insights - Itron, Inc. (ITRI) is collaborating with the American Samoa Power Authority (ASPA) to implement its Advanced Metering Infrastructure (AMI) solution, which includes smart electric meters and software aimed at modernizing ASPA's electricity distribution network [1][9] - The initiative is part of ASPA's digital transformation strategy, focusing on improving operational efficiency, billing accuracy, and customer satisfaction [1][2] Group 1: Deployment Details - The AMI deployment will enhance visibility into electricity meter data and empower customers with detailed usage insights to manage their consumption [2] - Itron's solution includes Gen5 CENTRON II smart meters, a secure communication network, and UtilityIQ software for real-time consumption data management [3] - The deployment is tailored to the tropical climate and geographical constraints of American Samoa, ensuring effective integration and performance [3] Group 2: Strategic Partnerships - Itron has a history of collaboration with ASPA, having previously supported smaller projects to enhance meter reading and data accuracy [4] - The company is also expanding its partnerships globally, including projects in Fiji and Greece, to modernize utility services and support sustainability goals [6][7] Group 3: Market Performance - Itron's stock has performed well, gaining 12.2% over the past year, contrasting with a 6.5% decline in the Zacks Electronics - Testing Equipment industry [8] - The momentum in Itron's grid edge intelligence platform is driven by factors such as data center demand growth and the electrification of transportation and homes [5][9]
Itron and American Samoa Power Authority Expand Collaboration to Modernize the Grid in American Samoa
Globenewswire· 2025-09-17 20:05
Itron’s AMI Solution to Improve Utility’s Operational Efficiency and Enhance Customer SatisfactionLIBERTY LAKE, Wash., Sept. 17, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, is joining forces with the American Samoa Power Authority (ASPA) to modernize its electricity distribution network. ASPA will deploy Itron’s Advanced Metering Infrastructure (AMI) solution, including smart electric meters, UtilityIQ® headend applic ...
Itron Stock: Look Beyond Topline Miss And Focus On Cashflow (NASDAQ:ITRI)
Seeking Alpha· 2025-09-15 12:28
Asia Value & Moat Stocks is a research service for value investors seeking Asia-listed stocks with a huge gap between price and intrinsic value, leaning towards deep value balance sheet bargains (i.e. buying assets at a discount e.g. net cash stocks, net-nets, low P/B stocks, sum-of-the-parts discounts) and wide moat stocks (i.e. buying earnings power at a discount in great companies like "Magic Formula" stocks, high-quality businesses, hidden champions and wide moat compounders). Sign up here to get starte ...
Itron: Look Beyond Top-Line Miss And Focus On Cash Flow
Seeking Alpha· 2025-09-15 12:28
Asia Value & Moat Stocks is a research service for value investors seeking Asia-listed stocks with a huge gap between price and intrinsic value, leaning towards deep value balance sheet bargains (i.e. buying assets at a discount e.g. net cash stocks, net-nets, low P/B stocks, sum-of-the-parts discounts) and wide moat stocks (i.e. buying earnings power at a discount in great companies like "Magic Formula" stocks, high-quality businesses, hidden champions and wide moat compounders). Sign up here to get starte ...
5 Undervalued Stocks That Are Worth Buying in September
ZACKS· 2025-09-09 14:36
Core Insights - Identifying value stocks requires awareness of key financial metrics such as earnings per share and sales growth, along with a thorough analysis of fundamentals to determine if a stock is undervalued [1] Price-to-Book Ratio (P/B Ratio) - The P/B ratio is a useful metric for identifying low-priced stocks with high growth potential, calculated as market price per share divided by book value of equity per share [2][6] - A P/B ratio of less than one indicates that a stock is trading below its book value, suggesting it may be undervalued, while a ratio above one suggests overvaluation [6][7] - Stocks with low P/B ratios include StoneCo, USANA Health Sciences, KT Corporation, PagSeguro Digital, and Itron, all showing strong projected EPS growth [3][10] Book Value - Book value represents the total value remaining for shareholders if a company were to liquidate its assets after settling all liabilities, calculated by subtracting total liabilities from total assets [4][5] Screening Parameters for Value Stocks - Stocks are screened based on several parameters, including P/B ratio less than the industry median, P/S ratio less than the industry median, and P/E ratio using forward estimates less than the industry median [12][13] - A PEG ratio of less than 1 indicates undervaluation relative to future growth prospects, while a minimum stock price of $5 and an average trading volume of at least 100,000 are also considered [14][15] Highlighted Stocks - StoneCo: Provides financial technology solutions with a projected EPS growth rate of 25.3% and a Zacks Rank of 2 [16] - USANA Health Sciences: Develops nutritional products with a projected EPS growth rate of 12.0% and a Zacks Rank of 2 [17] - KT Corporation: Offers telecommunication services with a projected EPS growth rate of 51.7% and a Zacks Rank of 1 [17] - PagSeguro Digital: Provides digital payment solutions with a projected EPS growth rate of 11.4% and a Zacks Rank of 2 [18] - Itron: Supplies technology and services for utility sectors with a projected EPS growth rate of 30.0% and a Zacks Rank of 2 [20]
Here's Why Itron (ITRI) is a Strong Growth Stock
ZACKS· 2025-09-02 21:31
Company Overview - Itron Inc, founded in 1977 and headquartered in Liberty Lake, WA, is a technology and services company that supplies a wide range of standard, advanced, and smart meters, as well as meter communication systems, software, devices, sensors, and data analytics to the utility and municipal sectors [12]. Investment Ratings - Itron is currently rated as a 2 (Buy) on the Zacks Rank, with a VGM Score of B, indicating a favorable investment outlook [12]. Growth Potential - The company has a Growth Style Score of B, forecasting a year-over-year earnings growth of 6.4% for the current fiscal year [13]. - Six analysts have revised their earnings estimates higher in the last 60 days for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.53 to $5.98 per share [13]. - Itron has an average earnings surprise of +32.5%, suggesting strong performance relative to expectations [13].
3 Reasons Why Growth Investors Shouldn't Overlook Itron (ITRI)
ZACKS· 2025-08-29 17:45
Core Viewpoint - Investors are seeking growth stocks that can deliver above-average growth and exceptional returns, but identifying such stocks is challenging due to their inherent risks and volatility [1] Group 1: Growth Stock Identification - The Zacks Growth Style Score system aids in identifying promising growth stocks by analyzing a company's real growth prospects beyond traditional metrics [2] - Itron (ITRI) is highlighted as a recommended stock with a favorable Growth Score and a top Zacks Rank [2] Group 2: Earnings Growth - Earnings growth is a critical factor for attracting investor interest, with double-digit growth being particularly favorable [3] - Itron's historical EPS growth rate stands at 36.7%, with a projected EPS growth of 6.5% this year, surpassing the industry average of 5.6% [4] Group 3: Cash Flow Growth - Higher-than-average cash flow growth is essential for growth-oriented companies, enabling them to expand without relying on external funding [5] - Itron's year-over-year cash flow growth is 50.8%, significantly higher than the industry average of 11.3% [5] - The company's annualized cash flow growth rate over the past 3-5 years is 4.9%, compared to the industry average of 4.4% [6] Group 4: Earnings Estimate Revisions - Positive trends in earnings estimate revisions correlate strongly with near-term stock price movements [7] - Itron's current-year earnings estimates have been revised upward, with the Zacks Consensus Estimate increasing by 11.3% over the past month [7] Group 5: Overall Assessment - Itron has achieved a Growth Score of B and a Zacks Rank 2 due to positive earnings estimate revisions, indicating its potential as an outperformer and a solid choice for growth investors [9]
Itron Names Scott Drury, Former Utility CEO, to Board
Globenewswire· 2025-08-21 20:15
Core Insights - Itron, Inc. has appointed Scott Drury, former CEO of Southern California Gas Company, to its board of directors, effective immediately [1][2]. Company Overview - Itron is focused on transforming how energy, water, and city services are managed, providing intelligent infrastructure solutions to improve efficiency and resilience [5]. Leadership Experience - Scott Drury brings over 35 years of experience in the electric and natural gas industry, having led significant transformations and enhanced shareholder value during his tenure as CEO of Southern California Gas [2]. - Under Drury's leadership, Southern California Gas doubled its net income and received national recognition for innovation and clean energy commitments [2]. Board Collaboration - Itron's board members, including chair Diana Tremblay and president Tom Deitrich, expressed confidence in Drury's operational excellence and financial acumen, highlighting his alignment with the company's strategic priorities [3][4]. - Drury's experience as a customer of Itron for the past two years is expected to provide valuable insights into the challenges and opportunities faced by Itron's customers [4].
Itron Launches Smart Water Metering Project With Fiji Water Utility
ZACKS· 2025-08-21 15:51
Core Insights - Itron, Inc. has partnered with Pacific Technologies and the Water Authority of Fiji to launch the first smart water metering project in Fiji, expected to be completed by Q3 2025, marking a significant modernization of Fiji's water infrastructure [1][11] - The initiative aligns with WAF's Water Sector Strategy 2050, which aims to address challenges such as aging infrastructure and reducing non-revenue water, currently at 47% of production [3][11] Company Developments - Itron's solution allows WAF to upgrade its network at its own pace, withstand coastal conditions, and progress in digital transformation, contributing to a sustainable water future for Fiji [2] - The deployment involves upgrading existing meters to Itron's durable mechanical meters with Cyble communication modules, enabling quick and cost-effective conversion to smart devices [4] - Data from these meters will be managed using Itron's Temetra platform, facilitating seamless data collection and eliminating manual readings [4][5] Technology and Efficiency - The integration of Cyble modules with the Temetra platform provides WAF with advanced analytics to identify water losses and improve network efficiency [5] - Itron's technology is designed to resist corrosion and extreme conditions, minimizing maintenance costs for WAF [6] Financial Performance - Itron reported non-GAAP EPS of $1.62 for Q2 2025, exceeding estimates, with revenues of $607 million, nearly flat year-over-year [8] - For Q3 2025, Itron anticipates revenues between $570 million and $585 million, reflecting a 6% year-over-year decline at the midpoint, with non-GAAP EPS expected to fall by about 18% [9] Market Position - Itron is well-positioned to benefit from increasing utility modernization efforts, leading to higher demand for its grid edge intelligence platform and a robust portfolio of intelligent devices, software, and analytics [7] - The company's stock has gained 24.5% over the past year, outperforming the Zacks Electronics - Testing Equipment industry, which declined by 2.5% [10]
Itron and Fiji Water Utility Collaborate on First Smart Metering Deployment in the Fiji Islands
Globenewswire· 2025-08-20 20:05
Core Insights - Itron, in partnership with Pacific Technologies, is deploying smart metering technology for the Water Authority of Fiji (WAF) to enhance water operations and infrastructure [1][2] - The initiative aligns with WAF's Water Sector Strategy 2050, which aims for clean water, safe sanitation, financial sustainability, and a skilled workforce [2][5] - The deployment began in May 2025 and is expected to be completed by Q3 2025, focusing on modernizing existing infrastructure [1][3] Infrastructure Upgrade - WAF is upgrading its existing meters to Itron mechanical meters equipped with Cyble communications modules, transforming them into smart meters [3][4] - The Cyble module features a clip-on design that simplifies installation, making it a cost-effective solution for modernizing water operations [3][5] - The Temetra solution will facilitate data collection and storage, eliminating the need for manual meter reading and allowing for easy access to consumption data [3][4] Addressing Non-Revenue Water - The deployment aims to reduce non-revenue water, which WAF estimates to be 47% of its produced water [2][4] - Itron's solutions will provide insights and advanced data analytics to identify water losses, enhancing operational efficiency [4][6] - The integration of Itron's technology with WAF's existing systems will offer a comprehensive view of the water infrastructure across Fiji [4][6] Long-Term Vision - WAF's long-term vision includes creating a resilient and reliable water network, with the scalability of Itron's solutions allowing for gradual expansion based on priorities and budget [5][6] - The deployment is seen as a practical model for smart water management, enabling WAF to upgrade its network at its own pace [6][7] - Itron's smart water solution is designed to withstand harsh environmental conditions, reducing long-term maintenance costs for WAF [6][7]