Investors should also note any recent changes to analyst estimates for Itron. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Cons ...

It's also important to note that ITRI currently trades at a PEG ratio of 1.04. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Electronics - Testing Equipment industry had an average PEG ratio of 2.78 as trading concluded yesterday. For the full year, the Zacks Consensus Estimates are projecting earnings of $4 per share and revenue of $2.36 billion, which would represent changes of +19.05% and +8.78%, respectivel ...

LIBERTY LAKE, Wash., June 12, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ:ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced that Integra S.R.L. (Integra), a water, electricity, heat and gas supplier in Italy, Switzerland and Albania, has officially joined the Itron Engage Sales Channel Partner Program and is Itron's first channel partner in Italy. The Itron Engage Sales Channel Partner Program hosts an array of unique suppliers worldwide. With the addition o ...

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 ...

The alliance aims to address the issue stated by Utah State University. Per the statistics highlighted in the reports, as much as 20% of water pipes, which totals 452,000 miles, in the United States and Canada are already past their useful lifespans and require restoration on an urgent basis. Itron Inc (ITRI) recently announced a partnership with VODA.ai to introduce Pipe Asset Management — a cutting-edge solution engineered to facilitate the identification and prediction of critical pipe assets that need r ...

"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. 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 ...

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 ...