Itron (NASDAQ:ITRI) Issues Q1 2025 Earnings Guidance

Itron (NASDAQ:ITRI) issued an update on its first quarter 2025 earnings guidance on Tuesday morning. 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 Stock Up 11.5 %

Shares of ITRI opened at $103.29 on Tuesday. The company has a market capitalization of $4.66 billion, a price-to-earnings ratio of 21.16, a PEG ratio of 0.81 and a beta of 1.46. Itron has a 52 week low of $83.60 and a 52 week high of $124.90. The stock’s 50-day moving average price is $105.19 and its 200-day moving average price is $106.82. The company has a quick ratio of 2.83, a current ratio of 3.36 and a debt-to-equity ratio of 0.91.

Itron (NASDAQ:ITRI) last posted its earnings results on Tuesday, February 25th. The scientific and technical instruments company reported $1.35 earnings per share 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%. On average, sell-side analysts predict that Itron will post 5.33 EPS for the current year.

Analysts Set New Price Targets

ITRI has been the topic of a number of recent analyst reports. Oppenheimer increased their price target on Itron from $120.00 to $124.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. StockNews.com raised Itron from a “buy” rating to a “strong-buy” rating in a research note on Friday. Piper Sandler lifted their price target on shares of Itron from $110.00 to $119.00 and gave the company a “neutral” rating in a research note on Friday, November 1st. Roth Mkm upped their price objective on shares of Itron from $125.00 to $130.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Finally, Guggenheim increased their price objective on shares of Itron from $128.00 to $135.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company 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.