Itron Story

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

USD 83.50  0.85  1.03%

Itron Earnings before Tax are most likely to increase significantly in the upcoming years. The last year's value of Earnings before Tax was reported at 69.62 Million. The current Average Equity is estimated to increase to about 774.2 M, while Revenue Per Employee is projected to decrease to roughly 276.9 K. My story will concentrate on Itron. We will evaluate why we are still optimistic in anticipation of a recovery. In this post, I will also go over a few different drivers affecting Itron's products and services, and explain how it may impact Itron stockholders.
Published over a month ago
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Here is why Itron (NASDAQ:ITRI) can still attract stockholders
The company's average rating is Buy from 6 analysts. 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.

How important is Itron's Liquidity

Itron financial leverage refers to using borrowed capital as a funding source to finance Itron Inc ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Itron financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Itron's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for Itron, but it might be worth checking our own buy vs. sell analysis

What did Itron file with SEC?

The SEC filings are financial statements or other formal documents of Itron Inc that are regularly submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make SEC filings and fintech professionals rely on these filings for information about companies they are evaluating for investment purposes. Please note, most SEC filings are available online through the SEC's EDGAR database. Please check here for more information.
Please note, although all public domestic companies are required to submit their filings via EDGAR, not all public companies are available through our service. Also, keep in mind that the actual annual reports to Itron shareholders may or may not be submitted as SEC does not always require it.
Financial Statements and Exhibits. Results of Operations and Financial Condition
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Please note, although all public domestic companies are required to submit their filings via EDGAR, not all public companies are available through our service. Also, keep in mind that the actual annual reports to Itron shareholders may or may not be submitted as SEC does not always require it.

Sale by Thomas Glanville of 1000 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 Thomas Glanville, the corporate stakeholder, on 24th of November 2020. This event was filed by Itron Inc with SEC on 2020-11-24. 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.

Breaking it down a bit more

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Itron has an asset utilization ratio of 954.51 percent. This implies that the company is making $9.55 for each dollar of assets. An increasing asset utilization means that Itron Inc is more efficient with each dollar of assets it utilizes for everyday operations.

Itron has 69 percent chance to drop below $67 in 30 days

The semi variance is down to 6.33 as of today. As of the 1st of November, Itron retains the Downside Deviation of 2.6, market risk adjusted performance of 0.0061, and Risk Adjusted Performance of 0.0078. Itron technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Itron Inc, which can be compared to its competitors. Please check out Itron Inc variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Itron is priced fairly, providing market reflects its last-minute price of 67.95 per share. Given that Itron Inc has jensen alpha of (0.012274), we strongly advise you to confirm Itron Inc's regular market performance to make sure the company can sustain itself at a future point.

Our Final Take On Itron

While few other entities in the scientific & technical instruments industry are either recovering or due for a correction, Itron may not be as strong as the others in terms of longer-term growth potentials. With an impartial outlook on the current market volatility, it may be better to hold off any inventment activity and neither take over nor short any shares of Itron at this time. The Itron Inc risk-reward trade off is not appealing enough to do any trading. 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 Vlad Skutelnik 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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