The the stock of energy and water meter company has fallen by 0.45% in the past month, lagging the Computer and Technology sector's gain of 6.52% and the S&P 500's gain of 3.51%. Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Itron. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential. From a val ...

Core Insights - The partnership between Itron Inc and VODA.ai aims to enhance water pipe management through the introduction of Pipe Asset Management, addressing the urgent need for restoration of aging water infrastructure in the U.S. and Canada [1][2]. Group 1: Company Overview - Itron Inc (ITRI) is a technology and services company based in Liberty Lake, WA, providing solutions for energy, water, smart cities, and intelligent infrastructure management [8]. - The company reported a 22% year-over-year revenue growth to $603 million in the last quarter, surpassing consensus estimates by 4.1% [4]. - Itron's growth is attributed to strong operational execution, rising recurring and one-time service revenues, and increased sales of water meters and communication modules [12]. Group 2: Product and Technology - Pipe Asset Management is designed to proactively analyze public data and utility data to identify critical pipe assets needing replacement or rehabilitation [3][7]. - The software can be utilized independently or as part of a comprehensive package globally [11]. Group 3: Market Position and Performance - Itron currently holds a Zacks Rank of 3 (Hold) and has seen its stock price increase by 48.7% over the past year, outperforming the industry average rise of 14% [9]. - The company expects to benefit from healthy demand for its innovative portfolio and strategic partnerships [12].

LIBERTY LAKE, Wash. and BOSTON, June 06, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, and VODA.ai, which helps utilities by performing AI-based analyses, are collaborating to simplify how water utilities identify and predict which pipe assets need to be replaced, rehabilitated or contain lead. Through this collaboration, Itron will introduce Pipe Asset Management, a solution that helps utilities reduce costs associated ...

"Water utilities often are faced with trouble identifying pipes that are at high risk of failure. Rather than using guesswork to select pipes for replacement, which may still have useful life, Itron and VODA.ai are helping utilities use science and AI to overcome this challenge," said Don Reeves, senior vice president of Outcomes at Itron. "The tool's Lead Pipe Inventory Replacement, which uses AI to identify lead composition in water pipes, is also crucial as we strive to ensure the safe delivery of drinki ...

LIBERTY LAKE, Wash., June 05, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), who is innovating new ways for utilities and cities to manage energy and water, published its 2023 Corporate Sustainability Report. The report details Itron's commitment to create a more resourceful world by helping utilities and cities achieve their sustainability goals, improve their environmental footprint, and shares the company's progress on advancing its own sustainability initiatives. "At Itron, doing the right thing i ...

Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Itron (ITRI) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question. One other Computer and Technology stock that has outperformed the sector so fa ...

Itron (ITRI) is continuing its upward trajectory, with a gain of 63.2% in the past year compared with the S&P 500 Composite and sub-industry's growth of 17.9% and 26.5%, respectively. Headquartered in Liberty Lake, WA, Itron is one of the leading global suppliers of a wide range of standard, advanced and smart meters, and meter communication systems. It also provides networks and communication modules, software, services and sensors for the effective management of electricity, gas and water resources for co ...

LIBERTY LAKE, Wash., May 16, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced today its participation in upcoming conferences: Itron, Inc. Itron® is a registered trademark of Itron, Inc. All third-party trademarks are property of their respective owners and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated. For additional information, contact: It ...

Paul Vincent Vice President, Investor Relations 512-560-1172 About Itron Itron is a proven global leader in energy, water, smart city, IIoT and intelligent infrastructure services. For utilities, cities and society, we build innovative systems, create new efficiencies, connect communities, encourage conservation and increase resourcefulness. By safeguarding our invaluable natural resources today and tomorrow, we improve the quality of life for people around the world. Join us: www.itron.com. LIBERTY LAKE, W ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...