When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Itron (ITRI) concluded the recent trading session at $80.81, signifying a +1.96% move from its prior day's close.
In the latest trading session, Itron (ITRI) closed at $79.26, marking a -2.27% move from the previous day.
The latest trading day saw Itron (ITRI) settling at $80.73, representing a +1.31% change from its previous close.
Itron (ITRI) reported earnings 30 days ago. What's next for the stock?
Itron faces muted sales growth, soft bookings, and a questionable acquisition-driven strategy, leading to a cautious stance despite management's upbeat narrative. First-quarter sales declined 3% to $587 million, with margins under pressure and bookings translating to a weak 0.81x book-to-bill ratio. Recent $850 million acquisitions contribute minimally to revenue, raising concerns about deal multiples and future earnings dilution.
ITRI beats Q1 EPS and revenue estimates, driven by strong execution and record gross profit, despite a year-over-year sales dip and project timing headwinds.
Although the revenue and EPS for Itron (ITRI) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Itron (ITRI) came out with quarterly earnings of $1.49 per share, beating the Zacks Consensus Estimate of $1.26 per share. This compares to earnings of $1.52 per share a year ago.
American energy technology company Itron has confirmed it was hit by a cyberattack in mid-April and that hackers had gained access to some of its systems.
Itron (ITRI) reached $88.56 at the closing of the latest trading day, reflecting a -1.25% change compared to its last close.
Get a deeper insight into the potential performance of Itron (ITRI) for the quarter ended March 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.