A History of Outperforming Analyst Forecasts and Beating the Odds: Itron Inc. (ITRI)

With 0.52 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.41 million shares. During the session, the Scientific & Technical Instruments company that operates in wider Technology sector, reached to the highest price of $92.21 whereas the lowest price it dropped to was $88.65. The 52-week range on ITRI shows that it touched its highest point at $96.73 and its lowest point at $50.40 during that stretch. It currently has a 1-year price target of $102.40. Beta for the stock currently stands at 1.42.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ITRI was down-trending over the past week, with a drop of -6.42%, but this was up by 17.33% over a month. Three-month performance surged to 28.28% while six-month performance rose 41.83%. The stock gained 71.07% in the past year, while it has gained 18.10% so far this year. A look at the trailing 12-month EPS for ITRI yields 2.11 with Next year EPS estimates of 4.33. For the next quarter, that number is 0.84. This implies an EPS growth rate of 6.96% for this year and 20.59% for next year.

Float and Shares Shorts:

At present, 45.51 million ITRI shares are outstanding with a float of 45.06 million shares on hand for trading. On Feb 29, 2024, short shares totaled 1.5 million, which was 3.28% higher than short shares on Jan 31, 2024. In addition to ITRM as the firm’s Iterum Therapeutics plc, ITCI serves as its Intra-Cellular Therapies Inc.

Institutional Ownership:

Through their ownership of 106.12% of ITRI’s outstanding shares, institutional investors have majority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ITRI since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

Dividends & Yield:

In terms of dividends, ITRI has a current ratio of $––, which is $–– over the trailing 12-months, while a dividend of $–– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and ITRI currently yields $0.00. In the past year, ITRI’s dividend yield has been $0.00, but when looking at the stock over the past five years, its yield has been $–. Accordingly, ITRI has a current buyback yield of $–. This was $– for the TTM, and it was $– for the past five years.