Itron Inc

Company Profile

Itron Inc had its IPO on 1993-11-04 under the ticker symbol ITRI.

The company operates in the Technology sector and Scientific & Technical Instruments industry. Itron Inc has a staff strength of 4,822 employees.

Stock update

Shares of Itron Inc opened at $54.34 at the start of the last trading session i.e. 2023-03-30.

The stocks traded within a range of $53.72 - $54.56, and closed at $54.22.

This is a +0.61% increase from the previous day's closing price.

A total volume of 232,475 shares were traded at the close of the day’s session.

In the last one week, shares of Itron Inc have increased by +5.84%.

Itron Inc's Key Ratios

Itron Inc has a market cap of $2.49 billion, indicating a price to book ratio of 2.1705 and a price to sales ratio of 1.2803.

In the last 12-months Itron Inc’s revenue was $1.80 billion with a gross profit of $522.19 million and an EBITDA of $84.61 million. The EBITDA ratio measures Itron Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Itron Inc’s operating margin was 0.99% while its return on assets stood at 0.47% with a return of equity of -0.82%.

In Q4, Itron Inc’s quarterly earnings growth was a negative -93.3% while revenue growth was a negative 3.7%.

Itron Inc’s PE and PEG Ratio

Forward PE

37.7358

Trailing PE

0

PEG

0.9854

Its diluted EPS in the last 12-months stands at $-0.22 per share while it has a forward price to earnings multiple of 37.7358 and a PEG multiple of 0.9854. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Itron Inc’s profitability.

Itron Inc stock is trading at a EV to sales ratio of 1.4654 and a EV to EBITDA ratio of -45.7472. Its price to sales ratio in the trailing 12-months stood at 1.2803.

Itron Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$2.38 billion

Total Liabilities

$498.57 million

Operating Cash Flow

$0

Capital Expenditure

$4.86 million

Dividend Payout Ratio

0%

Itron Inc ended 2023 with $2.38 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.38 billion while shareholder equity stood at $1.17 billion.

Itron Inc ended 2023 with $0 in deferred long-term liabilities, $498.57 million in other current liabilities, 1788479000.00 in common stock, $-525332000.00 in retained earnings and $1.04 billion in goodwill. Its cash balance stood at $202.01 million and cash and short-term investments were $202.01 million. The company’s total short-term debt was $18,203,000 while long-term debt stood at $452.53 million.

Itron Inc’s total current assets stands at $829.58 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $280.44 million compared to accounts payable of $237.18 million and inventory worth $228.70 million.

In 2023, Itron Inc's operating cash flow was $0 while its capital expenditure stood at $4.86 million.

Comparatively, Itron Inc paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$54.22

52-Week High

$60.61

52-Week Low

$39.38

Analyst Target Price

$58.86

Itron Inc stock is currently trading at $54.22 per share. It touched a 52-week high of $60.61 and a 52-week low of $60.61. Analysts tracking the stock have a 12-month average target price of $58.86.

Its 50-day moving average was $55.24 and 200-day moving average was $51.22 The short ratio stood at 5.16 indicating a short percent outstanding of 0%.

Around 80.7% of the company’s stock are held by insiders while 10815.1% are held by institutions.