 | Your browser does not display parts of our website correctly. We use the latest technology available to provide you with a high quality experience; please upgrade your browser to its latest version to view the contents properly: |
Itron, Inc. (ITRI) provides metering solutions to electricity, gas, and water utility markets worldwide.
The company operates through three segments: Electricity, Gas, and Water.
It offers standard electromechanical and electronic, gas, and water and heat meters; and advanced and smart electricity, gas, and water meters and communication modules.
The company also provides prepayment systems, including smart key, keypad, and smart card communication technologies; advanced systems, such as handheld, mobile, and fixed network collection technologies; smart network technologies; meter data management software; and knowledge application solutions.
In addition, it offers installation and software implementation; professional services comprising consulting and analysis; and project management and post-sale maintenance support services. The company offers its standard metering systems to measure electricity, natural gas, water, or thermal energy; advanced metering systems to collect, store, and transmit meter data to handheld computers, mobile units, and fixed networks; and smart metering systems to collect and transmit meter data for supporting various applications.
Itron, Inc. markets its products directly through its sales force to utilities, as well as through indirect sales force consisting of distributors, sales representatives, partners, and meter manufacturer representatives.
Shares have formed a bullish "flag" following the Company's latest quarterly report. The company said it had net income of 56 cents per share. Earnings, adjusted for one-time gains and costs, were 77 cents per share. That was above the expected 72 cents. Itron expects full-year earnings in the range of $1.95 to $2.25 per share, with revenue in the range of $1.85 billion to $1.95 billion. Higher share prices are expected for this stock.
52-Weeks Trading Range: $27.93 - $41.14
Entry Point: $39.70
Stop Loss: $37.10
Target Price: $43.67
ITRI closed at $40.25. Money will be used in other stocks.
