In the latest close session, Itron (ITRI) was up +1.04% at $105.57. The stock outperformed the S&P 500, which registered a daily loss of 0.33%. At the same time, the Dow added 0.1%, and the tech-heavy Nasdaq lost 0.59%.
Heading into today, shares of the energy and water meter company had gained 7.22% over the past month, outpacing the Computer and Technology sector's loss of 1.09% and the S&P 500's loss of 0%.
The investment community will be closely monitoring the performance of Itron in its forthcoming earnings report. The company is scheduled to release its earnings on February 17, 2026. In that report, analysts expect Itron to post earnings of $2.19 per share. This would mark year-over-year growth of 62.22%. Simultaneously, our latest consensus estimate expects the revenue to be $561.79 million, showing a 8.33% drop compared to the year-ago quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $6.86 per share and a revenue of $2.36 billion, signifying shifts of +22.06% and -3.42%, respectively, from the last year.
Any recent changes to analyst estimates for Itron should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been a 3.02% fall in the Zacks Consensus EPS estimate. Itron is currently a Zacks Rank #4 (Sell).
Digging into valuation, Itron currently has a Forward P/E ratio of 17.67. For comparison, its industry has an average Forward P/E of 25.04, which means Itron is trading at a discount to the group.
One should further note that ITRI currently holds a PEG ratio of 0.59. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. By the end of yesterday's trading, the Electronics - Testing Equipment industry had an average PEG ratio of 3.34.
The Electronics - Testing Equipment industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 88, placing it within the top 36% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding 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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