Analyst Price Forecast Suggests 12.77% Upside
As of August 1, 2023, the average one-year price target for Itron is 75.77. The forecasts range from a low of 63.63 to a high of $105.00. The average price target represents an increase of 12.77% from its latest reported closing price of 67.19.
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The projected annual revenue for Itron is 1,921MM, a decrease of 0.16%. The projected annual non-GAAP EPS is 1.60.
What is the Fund Sentiment?
There are 595 funds or institutions reporting positions in Itron. This is an increase of 21 owner(s) or 3.66% in the last quarter. Average portfolio weight of all funds dedicated to ITRI is 0.23%, an increase of 2.91%. Total shares owned by institutions decreased in the last three months by 1.42% to 49,073K shares. The put/call ratio of ITRI is 0.57, indicating a bullish outlook.
What are Other Shareholders Doing?
IJR - iShares Core S&P Small-Cap ETF holds 3,295K shares representing 7.25% ownership of the company. In it's prior filing, the firm reported owning 3,348K shares, representing a decrease of 1.59%. The firm increased its portfolio allocation in ITRI by 4.71% over the last quarter.
Amundi holds 2,165K shares representing 4.76% ownership of the company. In it's prior filing, the firm reported owning 2,611K shares, representing a decrease of 20.60%. The firm decreased its portfolio allocation in ITRI by 93.60% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 1,407K shares representing 3.10% ownership of the company. In it's prior filing, the firm reported owning 1,383K shares, representing an increase of 1.71%. The firm increased its portfolio allocation in ITRI by 2.85% over the last quarter.
Schroder Investment Management Group holds 1,249K shares representing 2.75% ownership of the company. In it's prior filing, the firm reported owning 1,420K shares, representing a decrease of 13.74%. The firm decreased its portfolio allocation in ITRI by 79.32% over the last quarter.
Invesco holds 1,232K shares representing 2.71% ownership of the company. In it's prior filing, the firm reported owning 1,370K shares, representing a decrease of 11.16%. The firm decreased its portfolio allocation in ITRI by 91.32% over the last quarter.
Itron Background Information
(This description is provided by the company.)
Itron enables utilities and cities to safely, securely and reliably deliver critical infrastructure solutions to communities in more than 100 countries. Its portfolio of smart networks, software, services, meters and sensors helps its customers better manage electricity, gas and water resources for the people they serve. By working with its customers to ensure their success, the company helps improve the quality of life, ensures the safety and promotes the well-being of millions of people around the globe. Itron is dedicated to creating a more resourceful world.
- Itron Announces Second Quarter 2023 Financial Results
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- Itron, Inc. Second Amended and Restated 2010 Stock Incentive Plan
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