Workflow
Meter communication systems
icon
Search documents
Itron (ITRI) is a Top-Ranked Momentum Stock: Should You Buy?
ZACKSยท 2025-10-07 14:51
Core Insights - Zacks Premium provides tools for investors to enhance their stock market engagement and confidence [1] - The Zacks Style Scores offer a systematic approach to evaluate stocks based on value, growth, and momentum [3][4][5][6][7] Zacks Style Scores - The Style Scores categorize stocks into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [4][5][6][7] - Value Score identifies undervalued stocks using financial ratios like P/E and Price/Sales [4] - Growth Score assesses stocks based on projected earnings and sales growth [5] - Momentum Score evaluates stocks based on price trends and earnings estimate changes [6] - VGM Score combines all three styles to highlight stocks with the best overall potential [7] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investment decisions [8] - Stocks rated 1 (Strong Buy) have historically outperformed the S&P 500, achieving an average annual return of +23.81% since 1988 [8] - A large number of stocks can hold high Zacks Ranks, making it essential to use Style Scores for better selection [9] Stock Example: Itron Inc (ITRI) - Itron Inc is a technology and services company specializing in smart meters and communication systems for utilities [12] - ITRI holds a Zacks Rank of 2 (Buy) and has a VGM Score of A, indicating strong potential [12] - The stock has a Momentum Style Score of B, with a recent price increase of 4.9% over the past month [13] - Analysts have revised ITRI's earnings estimate upwards, with the Zacks Consensus Estimate rising to $6.07 per share [13] - ITRI has an average earnings surprise of +32.5%, making it a strong candidate for investors [13]