NasdaqGS:ITRI

Stock Analysis Report

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Executive Summary

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. More Details


Snowflake Analysis

Mediocre balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has Itron's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ITRI's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

4.0%

ITRI

1.1%

US Electronic

-0.4%

US Market


1 Year Return

-5.6%

ITRI

11.3%

US Electronic

18.3%

US Market

Return vs Industry: ITRI underperformed the US Electronic industry which returned 11.3% over the past year.

Return vs Market: ITRI underperformed the US Market which returned 18.3% over the past year.


Shareholder returns

ITRIIndustryMarket
7 Day4.0%1.1%-0.4%
30 Day29.5%12.2%6.6%
90 Day7.9%10.9%8.6%
1 Year-5.6%-5.6%12.5%11.3%21.0%18.3%
3 Year-5.8%-5.8%21.7%18.3%42.1%32.7%
5 Year94.0%94.0%89.2%80.4%85.6%64.7%

Price Volatility Vs. Market

How volatile is Itron's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Itron undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ITRI ($72.82) is trading below our estimate of fair value ($317.13)

Significantly Below Fair Value: ITRI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ITRI is unprofitable, so we can't compare its PE Ratio to the US Electronic industry average.

PE vs Market: ITRI is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ITRI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ITRI is overvalued based on its PB Ratio (3.8x) compared to the US Electronic industry average (2.2x).


Next Steps

Future Growth

How is Itron forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

92.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ITRI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: ITRI is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ITRI's is expected to become profitable in the next 3 years.

Revenue vs Market: ITRI's revenue (4.6% per year) is forecast to grow slower than the US market (9.9% per year).

High Growth Revenue: ITRI's revenue (4.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ITRI's Return on Equity is forecast to be low in 3 years time (10.6%).


Next Steps

Past Performance

How has Itron performed over the past 5 years?

4.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ITRI is currently unprofitable.

Growing Profit Margin: ITRI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ITRI is unprofitable, but has reduced losses over the past 5 years at a rate of 4.6% per year.

Accelerating Growth: Unable to compare ITRI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ITRI is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-18%).


Return on Equity

High ROE: ITRI has a negative Return on Equity (-2.6%), as it is currently unprofitable.


Next Steps

Financial Health

How is Itron's financial position?


Financial Position Analysis

Short Term Liabilities: ITRI's short term assets ($1.4B) exceed its short term liabilities ($601.7M).

Long Term Liabilities: ITRI's short term assets ($1.4B) do not cover its long term liabilities ($1.6B).


Debt to Equity History and Analysis

Debt Level: ITRI's debt to equity ratio (164.3%) is considered high.

Reducing Debt: ITRI's debt to equity ratio has increased from 58.6% to 164.3% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable ITRI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: ITRI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 8% per year.


Next Steps

Dividend

What is Itron current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ITRI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ITRI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ITRI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ITRI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ITRI's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average management tenure


CEO

Tom Deitrich (53 yo)

1.17yrs

Tenure

US$6,564,242

Compensation

Mr. Thomas L. Deitrich, also known as Tom, serves as the Chief Executive Officer, President and Director of Itron, Inc. since August 6, 2019. He is Director of ON Semiconductor Corporation since October 20 ...


CEO Compensation Analysis

Compensation vs Market: Tom's total compensation ($USD6.56M) is about average for companies of similar size in the US market ($USD5.61M).

Compensation vs Earnings: Tom's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Thomas Deitrich
CEO, President & Director1.17yrsUS$6.56m0.33%
$ 9.8m
Joan Hooper
Senior VP & CFO3.33yrsUS$2.13m0.075%
$ 2.2m
Sarah Hlavinka
Senior VP2.17yrsUS$1.36mno data
Michel Cadieux
Senior Vice President of Human Resources6.67yrsUS$1.38m0.056%
$ 1.6m
Donald Reeves
Senior Vice President of OutComes2.08yrsUS$915.90k0.012%
$ 346.6k
Simon Pontin
Chief Technology Officer9.75yrsno datano data
Chuck McAtee
VP of Information Technology & Chief Information Officer14.75yrsno datano data
Kenneth Gianella
Vice President of Investor Relations2.17yrsno datano data
Marina Donovan
Vice President of Global Marketing & Public Affairs2.75yrsno datano data
Mark de Vere White
Senior Vice President of Commercial & Customer Enablement2.75yrsno datano data
Greg Richards
Senior Vice President of Global Product Development2.58yrsno datano data
Dennis Faerber
Senior Vice President of Supply Chain2.75yrsno datano data

2.8yrs

Average Tenure

55yo

Average Age

Experienced Management: ITRI's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Thomas Deitrich
CEO, President & Director1.17yrsUS$6.56m0.33%
$ 9.8m
Frank Jaehnert
Independent Director5.42yrsUS$186.44k0.029%
$ 854.1k
Thomas Glanville
Independent Director19.42yrsUS$184.94k0.030%
$ 879.9k
Gary Pruitt
Independent Director14.75yrsUS$175.00k0.11%
$ 3.2m
Diana Tremblay
Independent Director5.42yrsUS$179.94k0.029%
$ 854.1k
Lynda Ziegler
Independent Chair of the Board4.08yrsUS$249.92k0.036%
$ 1.0m
Timothy Leyden
Independent Director5.58yrsUS$174.94k0.031%
$ 900.2k
Daniel Pelino
Independent Director5.92yrsUS$176.44k0.038%
$ 1.1m
Jerome Lande
Independent Director4.83yrsUS$75.00k0.030%
$ 891.1k

5.4yrs

Average Tenure

63yo

Average Age

Experienced Board: ITRI's board of directors are considered experienced (5.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ITRI insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.2%.


Top Shareholders

Company Information

Itron, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Itron, Inc.
  • Ticker: ITRI
  • Exchange: NasdaqGS
  • Founded: 1977
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: US$2.937b
  • Shares outstanding: 40.33m
  • Website: https://www.itron.com/na

Number of Employees


Location

  • Itron, Inc.
  • 2111 North Molter Road
  • Liberty Lake
  • Washington
  • 99019
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ITRINasdaqGS (Nasdaq Global Select)YesCommon SharesUSUSDNov 1993
IT6DB (Deutsche Boerse AG)YesCommon SharesDEEURNov 1993

Biography

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. The company operates through three segments: D ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/26 00:43
End of Day Share Price2020/10/23 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.