Recent significant positive changes in fundamentals have benefitted Itron Inc (NASDAQ: ITRI): the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.
Extremely significant positive changes in Itron Inc (NASDAQ: ITRI) investment behavior have recently occurred: its shorter term price trend turned up, and positive upside/downside volume developed.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
ITRI is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Itron has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Itron has a poor Appreciation Score of 25 but a very high Power Rating of 98, resulting in the Positive Value Trend Rating.
Recent Price Action
Itron Inc (NASDAQ: ITRI) stock declined by -4.4% on 9/3/24. The shares closed at $97.77. NORMAL trading volume accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -4.1% during the last week.
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