Itron Intrinsic Value – Itron Joins Green Button Alliance to Advance Green Button Standard
November 23, 2023
🌥️Trending News
Itron ($NASDAQ:ITRI) has taken an important step in promoting the Green Button Standard by joining the Green Button Alliance. Itron is a technology company that provides smart metering, network management and home area networking solutions for the energy, gas, and water industries. Its mission is to help its customers better manage resources and achieve greater efficiency, accuracy, and reliability. The Green Button Alliance is a consortium of industry leaders committed to advancing the Green Button Standard, an industry-supported, customer-centric standard for giving customers access to their energy usage and other related information in a secure, standardized format. Itron joining the Alliance signals their dedication to developing and implementing solutions that enable customers to manage their energy consumption and cost more efficiently.
Itron aims to streamline the energy usage process for its customers through the Green Button Standard, making it easy for customers to access their energy consumption data in a standardized format to make better decisions about their usage. The Green Button Standard also ensures that energy data remains secure, as all data sources that use the Standard are required to meet strict security protocols. By joining the Green Button Alliance, Itron is demonstrating its commitment to supporting the growth of the Green Button Standard and helping its customers manage their energy usage more effectively. With Itron’s expertise in network management and home area networking, this partnership is sure to benefit both sides and will likely result in improved energy efficiency for Itron’s customers.
Stock Price
On Wednesday, Itron Inc. announced that it has joined the Green Button Alliance to advance the Green Button standard. The company’s stock opened at $65.5 and closed at $66.2, representing an increase of 0.9% from the previous closing price of 65.6. The Green Button Alliance is an industry-led initiative that is working to build a secure and trusted connection between energy providers and consumers, allowing consumers to access their own energy usage data and make informed decisions on how to reduce their energy consumption.
By joining the alliance, Itron Inc. is committing to promote the Green Button standard for open energy data exchange, which will make it easier for energy providers and customers to access and manage energy usage data. By joining the Green Button Alliance, Itron Inc. is furthering its commitment to providing innovative solutions that help its customers manage energy use more efficiently, while promoting sustainability and green energy initiatives. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Itron. More…
| Total Revenues | Net Income | Net Margin |
| 2.06k | 74.75 | 5.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Itron. More…
| Operations | Investing | Financing |
| 64.05 | -21.98 | -1.98 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Itron. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.51k | 1.25k | 27.21 |
Key Ratios Snapshot
Some of the financial key ratios for Itron are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -3.2% | 15.2% | 4.7% |
| FCF Margin | ROE | ROA |
| 2.0% | 5.0% | 2.4% |
Analysis – Itron Intrinsic Value
GoodWhale has conducted an extensive analysis of ITRON‘s wellbeing and found that the fair value of its stock is around $70.9. This valuation was calculated using GoodWhale’s proprietary Valuation Line, which considers the company’s financial performance, market conditions, and industry trends. Currently, ITRON stock is traded at a price of $66.2 – a fair price that is slightly undervalued by 6.7%. More…
Peers
The company has a wide array of products and services that it offers to its clients. Itron Inc is a publicly traded company that is listed on the Nasdaq Stock Market. The company was founded in 1977 and is headquartered in Liberty Lake, Washington. Itron Inc has a market capitalization of $2.5 billion as of September 2019. Adtran Inc is a technology company that specializes in the development and deployment of telecommunications networking equipment and solutions. The company has a wide array of products and services that it offers to its clients. Adtran Inc is a publicly traded company that is listed on the Nasdaq Stock Market. The company was founded in 1985 and is headquartered in Huntsville, Alabama. Adtran Inc has a market capitalization of $1.2 billion as of September 2019. Communications Systems Inc is a technology company that specializes in the development and deployment of voice and data communications solutions. The company has a wide array of products and services that it offers to its clients. Communications Systems Inc is a publicly traded company that is listed on the Nasdaq Stock Market. The company was founded in 1968 and is headquartered in Minneapolis, Minnesota. Communications Systems Inc has a market capitalization of $204 million as of September 2019. Mind Solutions Inc is a technology company that specializes in the development and deployment of cognitive computing solutions. The company has a wide array of products and services that it offers to its clients. Mind Solutions Inc is a privately held company that is headquartered in San Diego, California. The company was founded in 2006.
– Adtran Inc ($NASDAQ:ADTN)
Adtran, Inc. is a global communications solutions provider specializing in network connectivity and infrastructure solutions. The company’s solutions enable voice, data, video, and Internet communications across a variety of network infrastructures. Adtran’s products are used in a variety of applications, including broadband access, Ethernet switching, network security, VoIP, and wireless connectivity.
Adtran’s market cap is 1.59B as of 2022. The company has a Return on Equity of -2.42%. Adtran specializes in network connectivity and infrastructure solutions. The company’s products are used in a variety of applications, including broadband access, Ethernet switching, network security, VoIP, and wireless connectivity.
– Communications Systems Inc ($OTCPK:VOIS)
Moody’s is the leading provider of credit ratings, research, and risk analysis. It is one of the “Big Three” credit-rating agencies, along with Standard & Poor’s and Fitch Ratings.
Summary
Itron, Inc. has joined the Green Button Alliance to promote the Green Button standard, a standardized framework for the secure exchange of electricity usage data from customers to providers. This move is significant for Itron, as it signals a commitment to investing in energy-efficiency technologies and standards, and could lead to increased savings or revenue for those energy customers who use the Green Button framework. Itron is also leveraging its expertise in the energy industry, and its existing partnerships with utilities, to help advance the Green Button standard. This is an important step in the direction of creating a more efficient and cost-effective energy system.
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