With 0.56 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.59 million shares. During the session, the Scientific & Technical Instruments company that operates in wider Technology sector, reached to the highest price of $109.055 whereas the lowest price it dropped to was $106.73. The 52-week range on ITRI shows that it touched its highest point at $124.90 and its lowest point at $86.45 during that stretch. It currently has a 1-year price target of $129.62. Beta for the stock currently stands at 1.39.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ITRI was up-trending over the past week, with a rise of 2.77%, but this was up by 9.14% over a month. Three-month performance dropped to -5.49% while six-month performance rose 2.39%. The stock gained 22.17% in the past year, while it has lost -1.65% so far this year. A look at the trailing 12-month EPS for ITRI yields 5.18 with Next year EPS estimates of 6.01. For the next quarter, that number is 1.32. This implies an EPS growth rate of -4.22% for this year and 11.73% for next year. EPS is expected to grow by 7.59% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 33.39%.
Float and Shares Shorts:
At present, 45.13 million ITRI shares are outstanding with a float of 44.96 million shares on hand for trading. On 2025-02-28, short shares totaled 3.44 million, which was 761.0 higher than short shares on 1738281600. In addition to Mr. Thomas L. Deitrich as the firm’s CEO, President & Director, Ms. Joan S. Hooper serves as its Senior VP & CFO.
Institutional Ownership:
Through their ownership of 1.1436499 of ITRI’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-12-31, ITRI reported revenue of $612864000.0 and operating income of $65974000.0. The EBITDA in the recently reported quarter was $93983000.0 and diluted EPS was $1.26.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ITRI since 15 analysts follow the stock currently. There are 11 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ITRI analysts setting a high price target of 145.0 and a low target of 110.0, the average target price over the next 12 months is 129.38461. Based on these targets, ITRI could surge 35.78% to reach the target high and rise by 3.01% to reach the target low. Reaching the average price target will result in a growth of 21.16% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $5.36278 being high and $5.32268 being low. For ITRI, this leads to a yearly average estimate of $5.34273. Based on analyst estimates, the high estimate for the next quarter is $1.39 and the low estimate is $1.18. The average estimate for the next quarter is thus $1.29.
