Alert: Positive Investment/Fundamental Signals (11/17/23)-Itron Inc (NASDAQ: ITRI)


Significant positive changes in Itron Inc (NASDAQ: ITRI) fundamentals have recently occurred: the consensus estimate for December, 2024 increased significantly, the consensus estimate for December, 2023 increased significantly, and significant quarterly earnings acceleration occurred.

Itron Inc (NASDAQ: ITRI). Significant positive changes in investment behavior have recently occurred: its shorter term price trend turned up.

In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, ITRI is expected to continue to be an important Value Builder.

Itron has a current Value Trend Rating of B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Itron has a poor Appreciation Score of 28 but a very high Power Rating of 97, resulting in the Positive Value Trend Rating.

Recent Price Action

On 11/17/23, Itron Inc (NASDAQ: ITRI) stock declined slightly by -0.06%, closing at $65.99. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 5.3% during the last week.

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