Itron (NASDAQ:ITRI) Releases FY 2025 Earnings Guidance

Itron (NASDAQ:ITRI) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 5.200-5.600 for the period, compared to the consensus EPS 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.

Itron Stock Performance

Shares of NASDAQ:ITRI traded up $9.04 during trading on Tuesday, hitting $101.64. The company’s stock had a trading volume of 1,367,402 shares, compared to its average volume of 554,421. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.36 and a quick ratio of 2.83. The firm has a market cap of $4.58 billion, a price-to-earnings ratio of 20.83, a P/E/G ratio of 0.81 and a beta of 1.46. The company has a 50-day moving average of $105.19 and a 200-day moving average of $106.82. Itron has a 12 month low of $83.60 and a 12 month high of $124.90.

Itron (NASDAQ:ITRI) last released its quarterly earnings results on Tuesday, February 25th. The scientific and technical instruments company reported $1.35 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.30. Itron had a net margin of 9.37% and a return on equity of 19.03%. On average, sell-side analysts expect that Itron will post 5.33 earnings per share for the current year.

Analyst Upgrades and Downgrades

ITRI has been the subject of a number of recent analyst reports. StockNews.com raised Itron from a “buy” rating to a “strong-buy” rating in a research note on Friday. Roth Mkm upped their target price on shares of Itron from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Guggenheim raised their price target on Itron from $128.00 to $135.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. TD Cowen upped their target price on Itron from $125.00 to $136.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Finally, Piper Sandler raised their target price on shares of Itron from $110.00 to $119.00 and gave the stock a “neutral” rating in a research report on Friday, November 1st. Three investment 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 company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $123.92.

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.