Itron (NASDAQ:ITRI) Receives Media Impact Score of 0.24

Headlines about Itron (NASDAQ:ITRI) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Itron earned a coverage optimism score of 0.24 on Accern’s scale. Accern also gave news articles about the scientific and technical instruments company an impact score of 44.8869279033597 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Several research analysts recently issued reports on ITRI shares. Oppenheimer restated a “buy” rating and set a $78.00 target price on shares of Itron in a report on Monday, January 29th. BidaskClub upgraded Itron from a “hold” rating to a “buy” rating in a report on Friday, January 19th. Zacks Investment Research lowered Itron from a “hold” rating to a “sell” rating in a report on Tuesday, January 9th. Needham & Company LLC reiterated a “buy” rating and set a $84.00 price objective on shares of Itron in a report on Friday, November 3rd. Finally, Raymond James Financial started coverage on Itron in a report on Tuesday, January 2nd. They set a “strong-buy” rating and a $84.00 price objective for the company. One analyst has rated the stock with a sell rating, five have given a hold rating, four have issued a buy rating and two have given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $82.18.

Shares of Itron (NASDAQ ITRI) traded up $0.65 on Thursday, reaching $67.60. The company’s stock had a trading volume of 179,900 shares, compared to its average volume of 273,638. Itron has a 12 month low of $57.80 and a 12 month high of $79.95. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.67 and a quick ratio of 1.26. The firm has a market cap of $2,592.65, a P/E ratio of 39.53, a P/E/G ratio of 1.03 and a beta of 1.02.

In related news, COO Thomas Deitrich sold 11,899 shares of Itron stock in a transaction dated Monday, December 11th. The stock was sold at an average price of $69.27, for a total value of $824,243.73. Following the sale, the chief operating officer now directly owns 82,776 shares in the company, valued at approximately $5,733,893.52. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, major shareholder Scopia Capital Management Lp acquired 21,870 shares of the stock in a transaction that occurred on Tuesday, January 2nd. The stock was purchased at an average price of $68.60 per share, for a total transaction of $1,500,282.00. The disclosure for this purchase can be found here. Insiders have bought a total of 750,261 shares of company stock worth $51,839,736 over the last 90 days. Insiders own 2.03% of the company’s stock.

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Itron Company Profile

Itron, Inc is a technology and service company. The Company provides solutions that measure, manage and analyze energy and water use. It also provides the Internet of things. 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.

Insider Buying and Selling by Quarter for Itron (NASDAQ:ITRI)

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