What is Zacks Research’s Estimate for Itron FY2027 Earnings?

Itron, Inc. (NASDAQ:ITRI) – Analysts at Zacks Research dropped their FY2027 earnings estimates for Itron in a report issued on Thursday, January 29th. Zacks Research analyst Team now expects that the scientific and technical instruments company will earn $6.95 per share for the year, down from their prior forecast of $6.96. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Itron’s current full-year earnings is $5.33 per share. Zacks Research also issued estimates for Itron’s Q4 2027 earnings at $1.73 EPS.

A number of other equities research analysts also recently issued reports on the company. Johnson Rice upgraded Itron from an “accumulate” rating to a “buy” rating and set a $130.00 price target for the company in a research note on Monday, January 5th. Robert W. Baird reissued a “neutral” rating and issued a $118.00 price objective (down previously from $137.00) on shares of Itron in a report on Friday, October 31st. Stephens upgraded shares of Itron from an “equal weight” rating to an “overweight” rating and set a $130.00 target price for the company in a research report on Monday, November 3rd. Wall Street Zen cut shares of Itron from a “buy” rating to a “hold” rating in a report on Wednesday, January 14th. Finally, Oppenheimer dropped their price target on shares of Itron from $145.00 to $125.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 27th. Eight investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $136.10.

Itron Stock Performance

Shares of ITRI opened at $101.11 on Monday. Itron has a one year low of $90.11 and a one year high of $142.00. The business has a fifty day moving average of $97.45 and a 200 day moving average of $112.93. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.17 and a quick ratio of 1.91. The firm has a market capitalization of $4.63 billion, a P/E ratio of 18.19, a PEG ratio of 0.57 and a beta of 1.48.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC grew its holdings in Itron by 25.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 401 shares of the scientific and technical instruments company’s stock valued at $53,000 after buying an additional 81 shares in the last quarter. Amalgamated Bank boosted its position in shares of Itron by 0.7% during the third quarter. Amalgamated Bank now owns 13,060 shares of the scientific and technical instruments company’s stock worth $1,627,000 after acquiring an additional 86 shares during the last quarter. PFG Investments LLC boosted its position in shares of Itron by 4.8% during the third quarter. PFG Investments LLC now owns 2,059 shares of the scientific and technical instruments company’s stock worth $256,000 after acquiring an additional 94 shares during the last quarter. Louisiana State Employees Retirement System grew its stake in Itron by 0.5% during the second quarter. Louisiana State Employees Retirement System now owns 21,300 shares of the scientific and technical instruments company’s stock valued at $2,804,000 after acquiring an additional 100 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC increased its holdings in Itron by 3.5% in the 2nd quarter. Elevation Point Wealth Partners LLC now owns 3,398 shares of the scientific and technical instruments company’s stock valued at $447,000 after acquiring an additional 115 shares during the last quarter. 96.19% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, SVP John F. Marcolini sold 553 shares of the business’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $96.51, for a total value of $53,370.03. Following the transaction, the senior vice president directly owned 13,843 shares in the company, valued at $1,335,987.93. The trade was a 3.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Christopher E. Ware sold 343 shares of the company’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $96.51, for a total value of $33,102.93. Following the completion of the transaction, the senior vice president directly owned 18,774 shares of the company’s stock, valued at approximately $1,811,878.74. This trade represents a 1.79% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,971 shares of company stock worth $286,731 in the last three months. Corporate insiders own 1.51% of the company’s stock.

Itron Company Profile

Itron, Inc (NASDAQ: ITRI) is a global technology company that develops innovative solutions to measure, manage and analyze the use of energy and water. Its comprehensive portfolio includes smart meters, data collection devices, communication networks and advanced software applications designed to optimize utility operations and foster sustainable resource management. The company’s offerings enable utilities and cities to accurately monitor consumption patterns, streamline billing processes and improve grid reliability.

Itron’s product lineup spans a range of hardware and software solutions, from residential and commercial smart meters to meter data management systems (MDMS), networked communication platforms and analytics tools.