On Tuesday, Itron Inc. (NASDAQ: ITRI) was -4.35% drop from the session before settling in for the closing price of $102.22. A 52-week range for ITRI has been $56.11 – $113.07.
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A company in the Technology sector has dropped its sales by -1.00% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 33.72%. With a float of $44.47 million, this company’s outstanding shares have now reached $45.51 million.
In an organization with 5859 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 33.46%, operating margin of 10.16%, and the pretax margin is 10.1%.
Itron Inc. (ITRI) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Itron Inc. stocks. The insider ownership of Itron Inc. is 1.09%, while institutional ownership is 104.66%. The most recent insider transaction that took place on Aug 26 ’24, was worth 9,398. In this transaction SVP, GC & Corp. Secretary of this company sold 92 shares at a rate of $102.15, taking the stock ownership to the 15,189 shares. Before that another transaction happened on Aug 26 ’24, when Company’s SVP, Outcomes sold 200 for $102.15, making the entire transaction worth $20,430. This insider now owns 16,069 shares in total.
Itron Inc. (ITRI) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 33.72% per share during the next fiscal year.
Itron Inc. (NASDAQ: ITRI) Trading Performance Indicators
You can see what Itron Inc. (ITRI) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.61. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.87. Likewise, its price to free cash flow for the trailing twelve months is 30.03.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.06, a number that is poised to hit 1.09 in the next quarter and is forecasted to reach 4.75 in one year’s time.
Technical Analysis of Itron Inc. (ITRI)
Let’s dig in a bit further. During the last 5-days, its volume was 0.39 million. That was inferior than the volume of 0.52 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 56.40%. Additionally, its Average True Range was 2.96.
During the past 100 days, Itron Inc.’s (ITRI) raw stochastic average was set at 36.78%, which indicates a significant increase from 31.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.98% in the past 14 days, which was lower than the 35.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $100.41, while its 200-day Moving Average is $89.84. However, in the short run, Itron Inc.’s stock first resistance to watch stands at $100.66. Second resistance stands at $103.56. The third major resistance level sits at $105.11. If the price goes on to break the first support level at $96.21, it is likely to go to the next support level at $94.66. Assuming the price breaks the second support level, the third support level stands at $91.76.
Itron Inc. (NASDAQ: ITRI) Key Stats
There are 45,869K outstanding shares of the company, which has a market capitalization of 4.40 billion. As of now, sales total 2,174 M while income totals 96,920 K. Its latest quarter income was 609,070 K while its last quarter net income were 51,320 K.
