News stories about Itron (NASDAQ:ITRI) have trended somewhat positive on Sunday, Accern Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Itron earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave news stories about the scientific and technical instruments company an impact score of 46.0285374988685 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:
- Trading Watch: Reviewing the Numbers for Itron, Inc. (NasdaqGS:ITRI) – Lockport Press (lockportpress.com)
- Itron to Present at Baird’s 2017 Global Industrial Conference … – Business Wire (press release) (businesswire.com)
- Itron : to Present at Baird’s 2017 Global Industrial Conference (4-traders.com)
- Itron to Present at Baird’s 2017 Global Industrial Conference (finance.yahoo.com)
- Reviewing Itron (ITRI) & Its Competitors (americanbankingnews.com)
A number of equities research analysts have recently weighed in on ITRI shares. Zacks Investment Research raised Itron from a “sell” rating to a “hold” rating in a research note on Monday, July 17th. Canaccord Genuity reissued a “hold” rating and issued a $78.00 target price on shares of Itron in a research note on Friday, October 6th. Finally, JMP Securities set a $102.00 target price on Itron and gave the company a “buy” rating in a research note on Thursday, October 12th. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Itron has an average rating of “Buy” and an average price target of $81.78.
Itron (NASDAQ:ITRI) traded up 0.89% on Friday, reaching $79.15. The company’s stock had a trading volume of 360,671 shares. Itron has a one year low of $51.55 and a one year high of $79.95. The firm has a 50-day moving average of $76.88 and a 200-day moving average of $70.82. The company has a market capitalization of $3.06 billion, a PE ratio of 97.96 and a beta of 1.10.
Itron (NASDAQ:ITRI) last announced its earnings results on Wednesday, August 2nd. The scientific and technical instruments company reported $0.71 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.68 by $0.03. Itron had a return on equity of 15.43% and a net margin of 1.60%. The business had revenue of $503.10 million during the quarter, compared to analyst estimates of $491.80 million. During the same quarter in the previous year, the business earned $0.65 earnings per share. The company’s revenue for the quarter was down 1.9% compared to the same quarter last year. Analysts predict that Itron will post $3.07 EPS for the current year.
Itron, Inc (Itron) is a technology and service company. The Company provides solutions that measure, manage and analyze energy and water use. The Company operates through three segments: Electricity, Gas and Water. It provides a portfolio of products, solutions, software and services to electric, gas and water utility customers across the globe.
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