Itron Story

ITRI -- USA Stock

USD 87.54 1.61 1.81%

Macroaxis Story

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 80.07 Million. The current Average Equity is estimated to increase to about 718.9 M, while Revenue Per Employee is projected to decrease to roughly 260.2 K. As many millenniums are excited about technology space, it is only fair to concentrate on Itron Inc. We will evaluate if Itron shares are reasonably priced going into March. 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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Itron (NASDAQ:ITRI) continues to rise

The company's average rating is Buy from 7 analysts. Macroaxis provides investment recommendation on Itron to complement and cross-verify current analyst consensus on Itron Inc. Our trade recommendations engine determines the entity's potential to grow exclusively from the perspective of an investor's 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.

	12th of March 2021 Financial Statements and Exhibits. Other Events. Unregistered Sales of Equity Securities. Entry into a Material Definitive Agreement	View
	16th of February 2021 Unclassified Corporate Event	View
	11th of January 2021 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers	View

Acquisition by Diana Tremblay of 358 shares of Itron subject to Rule 16b-3

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 grant of common stock by Diana Tremblay, the corporate stakeholder, on 5th of April 2021. This event was filed by Itron Inc with SEC on 2021-04-05. 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.

A Deeper Perspective

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 922.16 percent. This implies that the company is making $9.22 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.

	2018	2019	2020	2021 (projected)
Receivables	437.16 M	472.93 M	425.63 M	384.62 M
Inventories	220.67 M	227.9 M	205.11 M	188.06 M

Receivables Inventories

Over 3 percent rise for Itron. What does it mean for stockholders?

The standard deviation is down to 2.77 as of today. Itron Inc currently demonstrates below-average downside deviation. It has Information Ratio of 0.12 and Jensen Alpha of 0.2. However, we advise investors to further question Itron Inc expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Itron's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Itron's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Our Final Take On Itron

While some 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

Raphi Shpitalnik is a Junior Member of Macroaxs Editorial Board. Raphael is a young entrepreneur who joined Macroaxis on a part-time base at the beginning of the pandemic and eventually acquired a real test for investing and fintech. He likes to analyze different equity instruments across a wide range of industries, focusing primarily on consumer products, sports, fintech, cannabis, and AI. View Profile

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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