How to Buy Itron Stock
Itron Inc
Itron, Inc. , a technology and service company, provides end-to-end solutions that help manage operations in the energy, water, and smart city space worldwide.
Itron stock last closed at $101.48, down 1.72% from the previous day, and has increased 10.96% in one year. It has overperformed other stocks in the Scientific & Technical Instruments industry by 0.13 percentage points. Itron stock is currently +12.72% from its 52-week low of $90.03, and -18.75% from its 52-week high of $124.90.
At the moment, there are 45.18M shares of ITRI outstanding. The market capitalization of ITRI is $4.58B. In the last 24 hours, 349,357 ITRI shares were traded.
How to Buy Itron Stock
Not sure how to invest in Itron stock? Here's how.
- Decide where to buy Itron stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Itron stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your investment account: Pick your payment method and add your information.
- Evaluate Itron stock: The Itron ticker symbol is ITRI. Is Itron stock a good investment? Should you buy shares of ITRI? How do ITRI's underlying business fundamentals look? Do top analysts think Itron is a good buy? Why has ITRI's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if ITRI is a good stock to buy).
- Place your ITRI buy order: Decide if you will purchase ITRI shares at the current market price or use a limit order to buy ITRI stock at a specific price.
- Get updates on your investment in ITRI: Create a watchlist to the latest updates on your position in Itron stock.
Step 1: Decide where to buy Itron stock
You will need a brokerage account in order to access the NASDAQ market and buy ITRI stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the best brokerage, the next step is to fill out some personal info so you can invest in ITRI stock today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to open your new brokerage account.
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Step 3: Fund your investment account
Now that you have finished signing up on one of the most highly reviewed stock market apps, you need to deposit funds:
Check out the tutorial below for more details depositing money into your new brokerage account.
Step 4: Evaluate Itron stock
Once you have figured out the best place to buy Itron stock, it's critical to analyze their stock before you invest, so you actually wrap your head around the risk and upside.
Itron shares quick numbers
ITRI Fundamentals
WallStreetZen was created to help average investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on ITRI's stock page.
Is ITRI stock undervalued or overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge ITRI's fair value.
Using relative valuations ratios:
- ITRI may be overvalued based on its P/E ratio of 19.26x, relative to Scientific & Technical Instruments industry P/E ratio of 18.85x
- ITRI could be overvalued based on its P/B ratio of 3.3x, relative to Scientific & Technical Instruments industry P/B ratio of 2.82x
- ITRI could be overvalued based on its PEG ratio of 2.63x
You can do more valuation analysis on ITRI's stock here.
ITRI Financial Overview
Passed Health Checks:
- ITRI profit margin has gone up from 4.5% to 9.8% in the past year.
- There are more short-term assets than long-term liabilities on the ITRI balance sheet.
- There are more short-term assets than short-term liabilities on the ITRI balance sheet.
- Total ITRI debt is lower than 5 years ago, relative to shareholder equity.
- ITRI earnings of $297.89M is not sufficient to cover its interest payments.
Failed Health Checks:
- ITRI's operating cash flow of $238.18M allows it to safely service it's debt of $1.27B.
- ITRI has a relatively high debt to equity ratio of 1.44.
Is it a good time to buy ITRI stock, according to Wall Street analysts?
Out of 7 Wall Street analysts who monitor ITRI, the consensus analyst rating on ITRI is a Strong Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Latest ITRI Analyst Recommendations
Chip Moore, a bottom 16% analyst from Roth MKM maintains ITRI with a strong buy rating and raises their ITRI price target from $125.00 to $130.00, on Nov 1, 2024.
Roth MKM's Chip Moore raised their price target on Itron (NASDAQ: ITRI) by 4% from $125 to $130 on 2024/11/01. The analyst maintained their Strong Buy rating on the stock.
Itron reported its Q3 2024 earnings.
Looking ahead, Moore told readers that Roth MKM is positive on Itron's robust backlog visibility and what should be extended market tailwinds from looming infrastructure investments.
The analyst cautioned that Itron's near-term comps are more challenging, but added that their firm "sees the company's asset-light transition driving improving margins and sentiment."
Earnings Report
For Q3 2024, Itron reported:
- EPS of $1.84, which beat the Zacks Consensus Estimate of $1.13 and Q3 2023's $0.98.
- Revenue of $615.46M, which beat the Zacks Consensus Estimate by 3.23% and Q3 2023's $560.77M.
Management guided:
For Q4 2024:
- EPS of $1.00 to $1.10.
- Revenue of $600M to $610M.
For FY 2024:
- EPS of $5.28 to $5.38, up from the prior $4.45 to $4.65.
- Revenue of $2.428B to $2.438B, up from the prior $2.385B to $2.415B.
President & CEO Tom Deitrich commented: "Operational momentum continued during the third quarter and solid execution by our team led to results ahead of expectations.
“The market, fueled by growth in energy and water demand, and increasing need to make infrastructure more agile aligns with Itron’s grid edge intelligence platform, uniquely positioning us to help our customers meet or exceed their objectives.”
Ben Kallo, a bottom 15% analyst from Baird maintains ITRI with a buy rating and raises their ITRI price target from $123.00 to $132.00, on Nov 1, 2024.
You can dig deeper into what analysts are forecasting on the Itron stock forecast page.
ITRI Momentum
ITRI Earnings
Last year, ITRI earnings were $239.11M. Over the past 5 year, ITRI's earnings have increased by 33.56% per year. This was faster than the Scientific & Technical Instruments industry average of 8.08%.
Last year, ITRI revenue was $2.44B. Over the past five year, ITRI's revenue has gone up by -0.5% per year. This was slower than the Scientific & Technical Instruments industry average of 8.48%.
Learn more about ITRI's earnings and revenue performance here.
Are ITRI insiders buying or selling the stock?
In the last 12 months, executives and large shareholders at ITRI have sold more shares than they have bought.
Mary C. Hemmingsen, Director of ITRI, was the latest ITRI insider to sell. They sold $48,271.50 worth of ITRI stock on Feb 27, 2025.
Get more info about who owns ITRI shares here.
Does ITRI provide a stable income stream?
No, Itron doesn't provide an income stream by paying out dividends.
What do other traders have to say about ITRI?
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your ITRI buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact price limit, use a limit order.
Press the Open button and your broker will execute the order.
If you require more help buying stocks on eToro, click the how to video below:
Step 6: Get updates on your investment in ITRI
Now that you own some ITRI shares, you'll want to keep up with your investment.
Put ITRI on a watchlist to track the latest developments regarding your ITRI stock.
ITRI Feed
How to Buy Stock in Itron
To reiterate, here are the 6 steps for buying Itron stock:
- Decide where to buy Itron stock
- Open your brokerage account
- Fund your investment account
- Evaluate Itron stock
- Place your ITRI buy order
- Get updates on your investment in ITRI
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to track your new investment in Itron, add ITRI to your watchlist below.
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