Why Itron (ITRI) Outpaced the Stock Market Today

Company Performance - Itron's stock closed at $107.47, reflecting a +1.48% change from the previous trading day's close, outperforming the S&P 500's daily gain of 0.53% [1] - Over the past month, Itron's shares have decreased by 2.47%, underperforming the Computer and Technology sector's loss of 0.75% and the S&P 500's gain of 1.24% [2] Upcoming Financial Results - Itron is set to announce its earnings on February 25, 2025, with an expected EPS of$ 1.05, representing a 14.63% decline from the same quarter last year [3] - The consensus estimate for Itron's revenue is $603.26 million, indicating a 4.52% increase compared to the previous year [3] Analyst Estimates and Valuation - Recent changes in analyst estimates for Itron suggest a shifting business landscape, with positive revisions indicating analysts' confidence in the company's performance [4] - The Zacks Rank system currently rates Itron as 3 (Hold), with the consensus EPS estimate having decreased by 0.74% over the last 30 days [6] - Itron has a Forward P/E ratio of 21.89, which is lower than the industry average of 24.99, indicating a valuation discount [7] Industry Context - Itron's PEG ratio stands at 0.88, significantly lower than the Electronics - Testing Equipment industry's average PEG ratio of 2.41 [8] - The Electronics - Testing Equipment industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 88, placing it in the top 36% of over 250 industries [9]