SG Americas Securities LLC Reduces Itron, Position by 10.8% in Q1
August 12, 2023
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Itron ($NASDAQ:ITRI), Inc. is a leading global technology and services company that provide innovative solutions to help utilities measure, manage, and analyze energy and water use. This is a notable decrease, and could indicate decreased confidence in the stock. However, it is important to note that this is only one investor’s opinion and that other investors may have different views. While this could be a sign of decreased confidence in the stock, it is important to consider all available data before making any decisions on investments.
Analysis
The Star Chart indicates that ITRON has a high level of profitability and medium strength in assets, but is relatively weak when it comes to dividend and growth. Additionally, its health score of 8/10 is indicative of its ability to remain in good standing with regard to cashflows and debt, and capable to sustain future operations in times of crisis. We have classified ITRON as an ‘elephant’, or a company with a rich set of assets after liabilities have been deducted. This type of company is likely to attract investors looking for long-term investments with a reliable return. Investors who are willing to accept some risk in exchange for higher returns may also find ITRON attractive, as its fundamentals suggest it will be well-positioned to weather any unexpected market downturns. Itron_Position_by_10.8_in_Q1″>More…
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% |
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 that specializes in global energy and water resource management solutions. Investment analysis reveals that the stock price also decreased on the same day as the position reduction was announced. Investors should consider the current market conditions and stay up to date on any news or changes in Itron’s strategies before making any decisions.
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