Robert W. Baird analyst Ben Kallo maintained a Buy rating on Itron (NASDAQ:ITRI) Inc on Friday, setting a price target of $100, which is approximately 1.70% above the present share price of $98.33.
Kallo expects Itron Inc to post earnings per share (EPS) of $0.30 for the third quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Strong Buy rating of shares in Itron, with an average price target of $113.
The analysts price targets range from a high of $126 to a low of $100.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $519.57 million and a net profit of $30.35 million. The company's market cap is $4.44 billion.
According to TipRanks.com, Robert W. Baird analyst Ben Kallo is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 14.5% and a 61.85% success rate.
Itron, Inc. is a technology and services company, which engages in the provision of solutions that measure, manage, and analyze energy and water use. It operates through the following segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment includes hardware products used for measurement, control, or sensing that do not have communications capability embedded for use with its broader Itron systems. The Networked Solutions segment offers a combination of communicating devices, network infrastructure, and associated application software designed and sold as a complete solution for acquiring and transporting robust application-specific data. The Outcomes segment consist of the firm's value-added, enhanced software and services operating segment in which it manage, organize, analyze, and interpret data to improve decision making, maximize operational profitability, drive resource efficiency, and deliver results for consumers, utilities, and smart cities. The company was founded in 1977 and is headquartered in Liberty Lake, WA.