Itron (NASDAQ:ITRI) Updates Q1 2025 Earnings Guidance

Itron (NASDAQ:ITRI) updated its first quarter 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.250-1.350 for the period, compared to the consensus earnings per share estimate of 1.070. The company issued revenue guidance of $610.0 million-$620.0 million, compared to the consensus revenue estimate of $578.0 million. Itron also updated its FY 2025 guidance to 5.200-5.600 EPS.

Itron Price Performance

ITRI traded up $9.04 on Tuesday, reaching $101.64. The company had a trading volume of 1,367,402 shares, compared to its average volume of 554,421. Itron has a one year low of $83.60 and a one year high of $124.90. The company has a market capitalization of $4.58 billion, a P/E ratio of 20.83, a PEG ratio of 0.81 and a beta of 1.46. The company has a fifty day moving average of $105.19 and a 200-day moving average of $106.82. The company has a current ratio of 3.36, a quick ratio of 2.83 and a debt-to-equity ratio of 0.91.

Itron (NASDAQ:ITRI) last posted its quarterly earnings data on Tuesday, February 25th. The scientific and technical instruments company reported $1.35 earnings per share (EPS) for the quarter, beating 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%. As a group, equities research analysts anticipate that Itron will post 5.33 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Guggenheim boosted their price objective on Itron from $128.00 to $135.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. TD Cowen lifted their target price on Itron from $125.00 to $136.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Piper Sandler upped their target price on Itron from $110.00 to $119.00 and gave the company a “neutral” rating in a report on Friday, November 1st. Oppenheimer boosted their price objective on Itron from $120.00 to $124.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Finally, StockNews.com raised shares of Itron from a “buy” rating to a “strong-buy” rating in a research note on Friday. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Itron 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.