Itron Story

<div class='circular--portrait' style='background:#800000;color: #F8F8FF;font-size:3em;'>ITR</div>
ITRI -- USA Stock  

USD 54.42  1.61  2.87%

Itron Inc is scheduled to announce its earnings tomorrow. The upcoming quarterly report is expected on the 3rd of August 2020. While some baby boomers are getting worried about their positions in technology space, it is entirely reasonable to concentrate on Itron as a possible position for your existing portfolio. We will evaluate why we are still optimistic in anticipation of a recovery.
Published over a month ago
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Will Itron (NASDAQ:ITRI) retail investors continue to trust the experts consensus?
Itron is FAIRLY VALUED at 68.19 per share with modest projections ahead. Macroaxis provides unbiased trade recommendations on Itron that should be used to complement current analysts and expert consensus on Itron Inc. Our advice engine determines the entity's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon.
What is the right price you would pay to acquire a share of Itron? For most investors, it would be the price that gives them a wide margin of safety to have minimal downside risk. In other words, most investors are always looking for undervalued stocks. Even if the future performance is not entirely as expected, the loss of holding it is minimized, and the downside risk is negated. Please read more on our stock advisor page.

What is happening with Itron Inc this year

Annual and quarterly reports issued by Itron Inc are formal financial statements that are published yearly and quarterly and sent to Itron stockholders. The reports show and break down the current year's ongoing operations and discuss plans for the upcoming year. Annual reports have been a requirement from the Securities and Exchange Commission (SEC) for businesses owned by the public since 1934. Companies such as Itron often view their annual report as an effective marketing tool to disseminate their perspective on company future earnings or innovations. With this in mind, many companies devote large sums of money to making their reports attractive and informative. In such instances, the annual report becomes a forum through which a company can communicate to the general public any number of topics that may or may not be directly related to the actual data published in the reports.

How Itron utilizes its cash?

To perform a cash flow analysis of Itron, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Itron is receiving and how much cash it distributes out in a given period. The Itron cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Itron Net Cash Flow from Operations is most likely to decrease significantly in the upcoming years. The last year's value of Net Cash Flow from Operations was reported at 172.84 Million

Sale by Reeves Donald L Iii of 131 shares of Itron

Legal trades by Itron insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Itron insider trading alert for sale of common stock by Reeves Donald L Iii, SVP Outcomes, on 15th of September 2020. This event was filed by Itron Inc with SEC on 2020-09-15. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Is Itron a risky opportunity?

Let's check the volatility. Itron is looking slightly risky at this time. Whether you invest your money or manage your clients' funds, remember that it is easy to forget that behind Itron (NASDAQ:ITRI) stock is an actual business venture. So, do not let stock picking become an abstract concept by ignoring the elementary risk calculations. locking in a share of an Itron stock makes you a part-owner of that company.

Itron Inc Current Consensus

Here is the current trade recommendation based on an ongoing consensus estimate among financial analysis covering Itron Inc. The Itron consensus assessment is calculated by taking the average estimates from all of the analysts covering Itron

Strong Buy
5
Buy
1
Hold
1
Strong Buy571.43
Buy114.29
Hold114.29
Sell00.0
Strong Sell00.0

Itron showing occurrence of lower volatility

Maximum drawdown is down to 17.71. It may hint to a possible volatility drop. Itron Inc exhibits very low volatility with skewness of -0.96 and kurtosis of 2.97. However, we advise investors to further study Itron Inc technical indicators to make sure all market info is available and is reliable.

Our Bottom Line On Itron Inc

While other entities within the scientific & technical instruments industry are still a little expensive, even after the recent corrections, Itron may offer a potential longer-term growth to stockholders. The inconsistency in the assessment between current Itron valuation and our trade advice on Itron is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Itron.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Itron Inc. Please refer to our Terms of Use for any information regarding our disclosure principles.

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