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How to Buy Itron Stock

Itron Inc

Itron, Inc. , a technology and service company, provides end-to-end solutions that help manage operations in the energy, water, and smart city space worldwide.

Itron stock last closed at $107.43, up 2.14% from the previous day, and has increased 46% in one year. It has overperformed other stocks in the Scientific & Technical Instruments industry by 0.36 percentage points. Itron stock is currently +91.46% from its 52-week low of $56.11, and -3.22% from its 52-week high of $111.00.

At the moment, there are 45.87M shares of ITRI outstanding. The market capitalization of ITRI is $4.93B. In the last 24 hours, 931,586 ITRI shares were traded.

How to Buy Itron Stock

Not sure how to invest in Itron stock? Here's how.
  1. Decide where to buy Itron stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Itron stock.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Fund your investment account: Pick your payment method and add your information.
  4. Evaluate Itron stock: The Itron ticker symbol is ITRI. Is Itron stock a good investment? Should you buy shares of ITRI? How do ITRI's underlying business fundamentals look? Do top analysts think Itron is a good buy? Why has ITRI's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if ITRI is a good stock to buy).
  5. Place your ITRI buy order: Decide if you will purchase ITRI shares at the current market price or use a limit order to buy ITRI stock at a specific price.
  6. Get updates on your investment in ITRI: Create a watchlist to the latest updates on your position in Itron stock.

Step 1: Decide where to buy Itron stock

You will need a brokerage account in order to access the NASDAQ market and buy ITRI stock.

A brokerage account is an investment account that enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've chosen the best brokerage, the next step is to fill out some personal info so you can invest in ITRI stock today.

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Step 3: Fund your investment account

Now that you have finished signing up on one of the most highly reviewed stock market apps, you need to deposit funds:

Check out the tutorial below for more details depositing money into your new brokerage account.

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Step 4: Evaluate Itron stock

Once you have figured out the best place to buy Itron stock, it's critical to analyze their stock before you invest, so you actually wrap your head around the risk and upside.

Itron shares quick numbers

ITRI Price
$107.43
1w %
9.33%
1y %
46%
5y %
76.46%
P/E
30.61x
P/B
3.61x
P/S
2.15x
PEG
2.28x
Revenue
$2.28B
Earnings
$160.48M
Fore. Rev. Growth
4.62%
Fore. Earn. Growth
13.4%
Market Cap
$4.93B
Next Earnings
Aug 1, 2024
Next Dividend
N/A

ITRI Fundamentals

WallStreetZen was created to help average investors do more in-depth fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on ITRI's stock page.

Is ITRI stock undervalued or overvalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge ITRI's fair value.

Using relative valuations ratios:

  • ITRI may be overvalued based on its P/E ratio of 30.61x, relative to Scientific & Technical Instruments industry P/E ratio of 12.59x
  • ITRI could be overvalued based on its P/B ratio of 3.61x, relative to Scientific & Technical Instruments industry P/B ratio of 3.44x
  • ITRI could be overvalued based on its PEG ratio of 2.28x

You can do more valuation analysis on ITRI's stock here.

ITRI Financial Overview

Passed Health Checks:

  • ITRI profit margin has gone up from -1.2% to 7% in the past year.
  • There are more short-term assets than long-term liabilities on the ITRI balance sheet.
  • There are more short-term assets than short-term liabilities on the ITRI balance sheet.
  • Total ITRI debt is lower than 5 years ago, relative to shareholder equity.
  • ITRI earnings of $211.23M is not sufficient to cover its interest payments.
  • ITRI's operating cash flow of $164.85M allows it to safely service it's debt of $487.10M.

Failed Health Checks:

  • ITRI has a relatively high debt to equity ratio of 0.95.

Is it a good time to buy ITRI stock, according to Wall Street analysts?

Out of 9 Wall Street analysts who monitor ITRI, the consensus analyst rating on ITRI is a Buy

Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.

Latest ITRI Analyst Recommendations

Tommy Moll, a top 9% analyst from Stephens & Co. maintains ITRI with a hold rating and raises their ITRI price target from $85.00 to $110.00, on May 6, 2024.

Jeffrey Osborne, a bottom 2% analyst from TD Cowen maintains ITRI with a strong buy rating and raises their ITRI price target from $110.00 to $115.00, on May 3, 2024.

Noah Kaye, a top 11% analyst from Oppenheimer maintains ITRI with a buy rating and raises their ITRI price target from $100.00 to $110.00, on May 3, 2024.

Ben Kallo, a top 15% analyst from Baird maintains ITRI with a buy rating and raises their ITRI price target from $108.00 to $115.00, on Mar 13, 2024.

You can dig deeper into what analysts are forecasting on the Itron stock forecast page.

ITRI Momentum

SMA10
101.54
SMA20
100.46
SMA50
104.87
SMA100
97.91
SMA200
82.92
MACD
0.21
MACD Signal
-0.82
MACD Histogram
1.02
RSI
65.68
Stochastic %K
90.69
Stochastic %D
83.14
StochRSI %K
100
StochRSI %D
100

ITRI Earnings

Last year, ITRI earnings were $160.48M. Over the past 5 year, ITRI's earnings have increased by 25.22% per year. This was faster than the Scientific & Technical Instruments industry average of 7.14%.

Last year, ITRI revenue was $2.28B. Over the past five year, ITRI's revenue has gone up by -0.86% per year. This was slower than the Scientific & Technical Instruments industry average of 10.83%.

Learn more about ITRI's earnings and revenue performance here.

Are ITRI insiders buying or selling the stock?

In the last 12 months, executives and large shareholders at ITRI have sold more shares than they have bought.

Thomas Deitrich, President CEO of ITRI, was the latest ITRI insider to sell. They sold $95,043.51 worth of ITRI stock on May 24, 2024.

Get more info about who owns ITRI shares here.

Does ITRI provide a stable income stream?

No, Itron doesn't provide an income stream by paying out dividends.

What do other traders have to say about ITRI?

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

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Step 5: Place your ITRI buy order

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are generally sufficient.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at an exact price limit, use a limit order.

Press the Open button and your broker will execute the order.

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Step 6: Get updates on your investment in ITRI

Now that you own some ITRI shares, you'll want to keep up with your investment.

Put ITRI on a watchlist to track the latest developments regarding your ITRI stock.

ITRI Feed

How to Buy Stock in Itron

To reiterate, here are the 6 steps for buying Itron stock:

  1. Decide where to buy Itron stock
  2. Open your brokerage account
  3. Fund your investment account
  4. Evaluate Itron stock
  5. Place your ITRI buy order
  6. Get updates on your investment in ITRI

If you are looking for a brokerage account, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to track your new investment in Itron, add ITRI to your watchlist below.

NASDAQ: ITRI
$107.43+2.25 (+2.14%)
Updated Jul 16, 2024
Open eToro Account
NASDAQ: ITRI
$107.43+2.25 (+2.14%)
Updated Jul 16, 2024
Open eToro Account

FAQ

How much does it cost to buy one Itron share?

As of Jul 16, 2024, it costs $107.43 to buy one share of Itron stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.093 shares of ITRI.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Itron stock?

According to 9 Wall Street analysts who monitor Itron, their consensus recommendation is to buy Itron stock.

What is the best way to buy Itron stock?

One way to place an order for Itron stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.