Itron Stock: A Deep Dive Into Analyst Perspectives (8 Ratings)
Portfolio Pulse from Benzinga Insights
Itron (NASDAQ:ITRI) received 8 analyst ratings in the last quarter with 2 bullish, 1 somewhat bullish, 4 indifferent, 1 somewhat bearish, and 0 bearish. The average 12-month price target is $74.62, with a high of $91.00 and a low of $65.00, reflecting a 7.37% increase from the previous average of $69.50. Analysts have adjusted their ratings and price targets, indicating changes in market conditions and company performance. Itron's financials show a 33.24% revenue growth, a net margin of 7.16%, an ROE of 3.29%, an ROA of 1.6%, and a low debt-to-equity ratio of 0.39.
December 19, 2023 | 12:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Itron received mixed analyst ratings but with a positive average price target increase to $74.62. Strong financial performance and conservative debt management may positively influence investor sentiment.
The increase in the average price target and the positive financial indicators such as revenue growth, net margin, ROE, and ROA suggest a favorable outlook for Itron. The conservative debt-to-equity ratio further strengthens the company's financial position. These factors combined with the recent analyst ratings could lead to a short-term positive impact on Itron's stock price.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100