Itron Stock Fair Value – Brokerages Issue ‘Hold’ Rating on Itron,
November 4, 2023
🌥️Trending News
Itron ($NASDAQ:ITRI), Inc. is a technology and services company that provides its customers with secure, reliable, and cost-effective metering, network management, and data collection solutions. Recently, brokerages have issued a consensus rating of “Hold” for Itron, Inc. This rating reflects their recommendation on whether investors should buy, hold, or sell the stock. These include potential changes in industry regulations as well as possible issues with the company’s technology and services. The brokers also noted that while Itron, Inc.’s current share price may not be attractive to some investors, the company’s long-term prospects look promising.
Overall, brokerages have given Itron, Inc. a “Hold” rating due to the company’s stable financial outlook and potential for long-term growth. Investors who wish to invest in Itron, Inc. should carefully consider their own risk tolerance and investment goals before making a decision.
Stock Price
Brokerages have issued a ‘Hold’ rating for the stock, indicating that they do not expect significant changes in the stock price in the near future. Analysts have expressed their caution regarding Itron‘s outlook, citing a challenging market environment and the impact the pandemic has had on its operations.
However, they also see potential opportunities that could drive the company’s growth in the future. Itron has seen some positive developments in recent months. The company’s strong customer relationships and focus on innovation has helped it to stay competitive in the current market conditions. Its investments in IoT technology and cloud services have further enabled it to adapt to the changing landscape. Going forward, investors will be closely watching the company’s performance and any updates on its strategy and products. While analysts remain cautiously optimistic about the future of Itron, they suggest that investors should be mindful of the risks associated with investing in the stock. 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 |
| 1.92k | 38.69 | 3.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Itron. More…
| Operations | Investing | Financing |
| 44.83 | -19.72 | 2.11 |
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 |
| 2.5k | 1.27k | 26.53 |
Key Ratios Snapshot
Some of the financial key ratios for Itron are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -6.6% | -9.9% | 2.4% |
| FCF Margin | ROE | ROA |
| 1.2% | 2.4% | 1.1% |
Analysis – Itron Stock Fair Value
At GoodWhale, we’ve conducted an in-depth analysis of ITRON‘s wellbeing and have come to the conclusion that the fair value of ITRON among the public market is around $70.4 per share. This figure was derived using our proprietary Valuation Line, which takes into account various factors, including the company’s financial performance, competitive environment, and expected future growth. Given that ITRON stock is currently trading at $56.8, it appears that the market is undervaluing the company by 19.3%. This presents a great opportunity for investors who are looking for a long-term play on this company. With our assessment, we believe that ITRON is fundamentally sound and may be a good bet for those looking to capitalize on its undervalued position. 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. is a technology company focused on energy and water management solutions. It has recently received a consensus rating of “hold” from several brokerages. This suggests that investors should take a conservative approach to investing in the company, as there is uncertainty regarding the potential performance of the stock in the near-term. The company has seen an increase in sales over the past few years, and its operations have become more efficient.
However, it is facing several challenges, such as increased competition and escalating costs related to research and development.
Additionally, Itron’s current debt-to-equity ratio is higher than the industry average, which could pose a risk for investors. Given these factors, investors should carefully consider their investment strategies before investing in Itron. They may want to diversify their portfolio by investing in a range of stocks from different industries, and look for potential opportunities to take advantage of market fluctuations.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
