Itron (NASDAQ:ITRI) Issues FY 2025 Earnings Guidance

Itron (NASDAQ:ITRI) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 5.200-5.600 for the period, compared to the consensus earnings per share estimate of 5.000. The company issued revenue guidance of $2.4 billion-$2.5 billion, compared to the consensus revenue estimate of $2.5 billion. Itron also updated its Q1 2025 guidance to 1.250-1.350 EPS.

Analyst Ratings Changes

Several brokerages have recently issued reports on ITRI. TD Cowen raised their target price on shares of Itron from $125.00 to $136.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Robert W. Baird boosted their price objective on shares of Itron from $123.00 to $132.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Roth Mkm raised their target price on Itron from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. StockNews.com raised Itron from a “buy” rating to a “strong-buy” rating in a research report on Friday. Finally, Guggenheim boosted their target price on Itron from $128.00 to $135.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $123.92.

Itron Stock Up 9.8 %

ITRI stock traded up $9.04 on Tuesday, reaching $101.64. 1,367,402 shares of the company traded hands, compared to its average volume of 554,421. The company has a market cap of $4.58 billion, a P/E ratio of 20.83, a price-to-earnings-growth ratio of 0.81 and a beta of 1.46. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.36 and a quick ratio of 2.83. Itron has a one year low of $83.60 and a one year high of $124.90. The firm has a fifty day simple moving average of $105.19 and a 200-day simple moving average of $106.82.

Itron (NASDAQ:ITRI) last announced its quarterly earnings data on Tuesday, February 25th. The scientific and technical instruments company reported $1.35 earnings per share for the quarter, topping analysts’ consensus estimates of $1.05 by $0.30. Itron had a net margin of 9.37% and a return on equity of 19.03%. Research analysts anticipate that Itron will post 5.33 earnings per share for the current year.

About Itron

Itron, Inc, a technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide. It operates in three segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing, such as standard gas, electricity, water, and communicating meters, as well as heat and allocation products.