Company Performance - Itron's stock closed at $102.08, reflecting a +0.69% change from the previous trading day's closing, outperforming the S&P 500 which saw a loss of 0.17% [1] - Over the past month, Itron's shares have decreased by 4.85%, which is less than the Computer and Technology sector's loss of 6.26% and the S&P 500's loss of 3.94% [2] Upcoming Earnings - Itron is set to release its earnings report on May 1, 2025, with an expected EPS of $1.30, indicating a 4.84% increase from the same quarter last year [3] - The revenue forecast for the upcoming quarter is $614.27 million, representing a 1.8% increase compared to the previous year [3] Full-Year Estimates - The full-year Zacks Consensus Estimates predict earnings of $5.40 per share and revenue of $2.46 billion, reflecting year-over-year changes of -3.91% and +0.61%, respectively [4] - Recent adjustments to analyst estimates for Itron may indicate shifting business dynamics, with positive revisions suggesting a favorable business outlook [4] Valuation Metrics - Itron currently has a Forward P/E ratio of 18.77, which is lower than the industry average of 20.71 [6] - The company has a PEG ratio of 0.65, compared to the Electronics - Testing Equipment industry's average PEG ratio of 2.18 [7] Industry Context - The Electronics - Testing Equipment industry is part of the Computer and Technology sector and holds a Zacks Industry Rank of 85, placing it in the top 35% of over 250 industries [8] - Research indicates that top-rated industries outperform lower-rated ones by a factor of 2 to 1 [8]
Itron (ITRI) Increases Despite Market Slip: Here's What You Need to Know