Itron (ITRI) stock declined more than market, but positive future earnings outlook.

From Nasdaq: 2025-04-07 18:15:00

In the latest market close, Itron (ITRI) saw a -0.43% change at $94.38, falling behind the S&P 500’s -0.23%. Over the past month, ITRI has dropped 10.42%, underperforming the sector’s 16.18% loss and the S&P 500’s 12.13% loss.

Itron’s upcoming earnings report is highly anticipated, with an expected EPS of $1.30, a 4.84% increase from the previous year. Revenue is projected to be $614.27 million, up by 1.8% from the same period last year. Analysts foresee full-year earnings of $5.40 per share and revenue of $2.46 billion.

Recent adjustments to analyst estimates for Itron can indicate changing business trends. Positive revisions usually bode well for the company’s future. Changes in estimates often impact stock price performance. With a Zacks Rank of #2 (Buy), Itron is currently showing promise for investors.

Itron is currently trading at a Forward P/E ratio of 17.55, which is lower than the industry average of 19.45. The stock’s PEG ratio of 0.61, compared to the industry average of 2.09, suggests potential growth. The Electronics – Testing Equipment industry ranks in the top 35% of all industries.

Zacks Research identifies a stock with the potential to double in value. Director of Research Sheraz Mian highlights this innovative financial firm with a growing customer base and cutting-edge solutions. This top pick is set to outperform, offering potential gains for investors.



Read more at Nasdaq: Itron (ITRI) Declines More Than Market: Some Information for Investors