Itron (ITRI) ended the recent trading session at $134.01, demonstrating a +1.19% change from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily gain of 0.58%. On the other hand, the Dow registered a gain of 0.31%, and the technology-centric Nasdaq increased by 0.89%.
The energy and water meter company's stock has climbed by 7.58% in the past month, exceeding the Computer and Technology sector's loss of 0.5% and the S&P 500's gain of 0.16%.
The upcoming earnings release of Itron will be of great interest to investors. The company's earnings report is expected on October 30, 2025. In that report, analysts expect Itron to post earnings of $1.48 per share. This would mark a year-over-year decline of 19.57%. Alongside, our most recent consensus estimate is anticipating revenue of $576.45 million, indicating a 6.34% downward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $6.07 per share and a revenue of $2.37 billion, indicating changes of +8.01% and -2.76%, respectively, from the former year.
It is also important to note the recent changes to analyst estimates for Itron. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Itron is holding a Zacks Rank of #1 (Strong Buy) right now.
With respect to valuation, Itron is currently being traded at a Forward P/E ratio of 21.81. This signifies a discount in comparison to the average Forward P/E of 23.79 for its industry.
It is also worth noting that ITRI currently has a PEG ratio of 0.73. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. By the end of yesterday's trading, the Electronics - Testing Equipment industry had an average PEG ratio of 2.65.
The Electronics - Testing Equipment industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 13, this industry ranks in the top 6% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
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Itron, Inc. (ITRI): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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