From Nasdaq: 2024-06-21 18:15:22

In the recent trading session, Itron (ITRI) closed at $99.12, up 0.66% from the previous day, outperforming the S&P 500. Analysts predict an EPS of $0.94 for Itron’s upcoming earnings, a 44.62% increase from the previous year, with estimated revenue of $599.02 million. The Zacks Rank for ITRI is currently 3 (Hold).

Itron stock lost 8.06% in the past month, lagging behind the Computer and Technology sector. Zacks Consensus Estimates project earnings of $4 per share and revenue of $2.36 billion for the year. Analyst estimate revisions can provide valuable insight into short-term business trends and stock price momentum.

Itron is trading at a Forward P/E ratio of 24.61, lower than the industry average of 24.99. The PEG ratio of 0.95 suggests growth potential, with the industry average at 2.7. The Electronics – Testing Equipment industry has a Zacks Industry Rank of 103, among the top 41%.

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Read more at Nasdaq: Itron (ITRI) Gains As Market Dips: What You Should Know