Itron Inc (NASDAQ: ITRI) on Tuesday, soared 2.36% from the previous trading day, before settling in for the closing price of $114.97. Within the past 52 weeks, ITRI’s price has moved between $62.45 and $116.39.
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Technology Sector giant saw their annual sales slid by -1.00% over the last five years. The company achieved an average annual earnings per share of 54.93%. With a float of $44.58 million, this company’s outstanding shares have now reached $45.51 million.
The firm has a total of 5859 workers. Let’s measure their productivity. In terms of profitability, gross margin is 33.63%, operating margin of 10.72%, and the pretax margin is 10.98%.
Itron Inc (ITRI) Insider Activity
Observing investor behavior towards Scientific & Technical Instruments industry stocks is more important than anything else. The insider ownership of Itron Inc is 1.13%, while institutional ownership is 106.56%. The most recent insider transaction that took place on Oct 01 ’24, was worth 3,930,998. In this transaction President & CEO of this company sold 37,500 shares at a rate of $104.83, taking the stock ownership to the 205,276 shares. Before that another transaction happened on Oct 01 ’24, when Company’s Officer proposed sale 37,500 for $106.43, making the entire transaction worth $3,991,125.
Itron Inc (ITRI) Earnings and Forecasts
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 1.23 earnings per share (EPS) for the period topping the consensus outlook (set at 0.75) by 0.48. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 54.93% per share during the next fiscal year.
Itron Inc (NASDAQ: ITRI) Trading Performance Indicators
Itron Inc (ITRI) is currently performing well based on its current performance indicators. A quick ratio of 2.83 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.21. Likewise, its price to free cash flow for the trailing twelve months is 30.02.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.88, a number that is poised to hit 1.05 in the next quarter and is forecasted to reach 4.93 in one year’s time.
Technical Analysis of Itron Inc (ITRI)
Analysing the last 5-days average volume posted by the [Itron Inc, ITRI], we can find that recorded value of 0.95 million was better than the volume posted last year of 0.52 million. As of the previous 9 days, the stock’s Stochastic %D was 85.68%. Additionally, its Average True Range was 3.60.
During the past 100 days, Itron Inc’s (ITRI) raw stochastic average was set at 96.67%, which indicates a significant increase from 95.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.93% in the past 14 days, which was higher than the 34.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $104.45, while its 200-day Moving Average is $97.44. Now, the first resistance to watch is $119.27. This is followed by the second major resistance level at $120.86. The third major resistance level sits at $123.22. If the price goes on to break the first support level at $115.32, it is likely to go to the next support level at $112.96. Should the price break the second support level, the third support level stands at $111.37.
Itron Inc (NASDAQ: ITRI) Key Stats
Market capitalization of the company is 5.31 billion based on 45,090K outstanding shares. Right now, sales total 2,174 M and income totals 96,920 K. The company made 615,460 K in profit during its latest quarter, and 77,960 K in sales during its previous quarter.
