Itron Inc Stock In The News
ITRI Stock | USD 118.93 2.56 2.20% |
Our overall analysis of Itron's news coverage and content from conventional and social sources shows investors' bearish mood towards Itron Inc. The specific impact of Itron news on its stock price will depend on a range of factors, including the nature and significance of the news report and investors' perceptions of Itron's overall financial health and prospects. It also depends on the type and quality of a news publisher.
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using Itron headlines in addition to utilizing other, more conventional financial analysis modules. Check out Itron Backtesting and Itron Hype Analysis.
Itron |
Itron Today Top News and Investor Outlook
Itron Inc Past News Timeline
Popular news outlets such as MarketWatch, Bloomberg, or Reuters provide Itron and other traded companies coverage with news coverage. We help investors stay connected with Itron headlines for the 24th of November to make an informed investment decision based on correlating the impacts of news items on Itron Stock performance. Please note that trading solely based on the Itron Inc hype is not for everyone as timely availability and quick action are needed to avoid losses.
Itron stock price changes are notoriously difficult to predict based exclusively on its news coverage or social hype. Still, the Itron earnings-per-share ratio is a good starting point for gauging a company's future prospects. If a firm's EPS rises and meets or even beats consensus forecasts, its shares stand to increase. However, some very sophisticated investors can spot management manipulation of EPS through actions such as buybacks.
Far too much social signal, news, headlines, and media speculation about Itron that are available to investors today. That information is available publicly through Itron media outlets and privately through word of mouth or via Itron internal channels. However, regardless of the origin, that massive amount of Itron data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Itron news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Itron relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Itron's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Itron alpha.
Itron Largest EPS Surprises
Earnings surprises can significantly impact Itron's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2004-04-19 | 2004-03-31 | 0.1 | 0.09 | -0.01 | 10 | ||
2000-10-19 | 2000-09-30 | 0.08 | 0.07 | -0.01 | 12 | ||
2000-07-20 | 2000-06-30 | 0.05 | 0.06 | 0.01 | 20 | ||
1999-04-15 | 1999-03-31 | 0.02 | 0.03 | 0.01 | 50 | ||
1998-07-22 | 1998-06-30 | -0.08 | -0.07 | 0.01 | 12 | ||
1998-02-03 | 1997-12-31 | 0.2 | 0.22 | 0.02 | 10 |
Itron Stock Latest Headlines
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using conventional financial analysis. Below is the latest headlines and news related to Itron Inc Stock. Current markets are strongly bullish. About 86% of major world exchanges and indexes are currently up. See today's market update for more information.22nd of November 2024
Itron Recently Broke Out Above the 20-Day Moving Average at finance.yahoo.com
20th of November 2024
Heres Why Itron is a Strong Momentum Stock at zacks.com
15th of November 2024
Is Itron, Inc. Potentially Undervalued at finance.yahoo.com
14th of November 2024
Earnings call Anterix reorted a cash reserve exceeding 43 million at investing.com
13th of November 2024
PGE starts first commercial on-site generative AI for nuclear sector at Diablo Canyon at seekingalpha.com
11th of November 2024
Disposition of tradable shares by Pulatie-hahn Laurie Ann of Itron at 123.2381 subject to ... at zacks.com
8th of November 2024
Invesco Ltd. Expands Stake in Itron Inc Strategic Implications and Market Analysis at gurufocus.com
6th of November 2024
Itron Boosts Intelligent Connectivity Solutions With Verizons eSIM Tech at finance.yahoo.com
5th of November 2024
What Makes Itron a Strong Momentum Stock Buy Now at zacks.com
1st of November 2024
Itron Third Quarter 2024 Earnings Beats Expectations at finance.yahoo.com
29th of October 2024
Flashnet, part of a major initiative to modernize 400,000 streetlights across Belgium at prnewswire.com
8th of October 2024
Will Grid Edge Essentials Solution Launch Benefit ITRI Stock at finance.yahoo.com
Itron Investors Sentiment
The influence of Itron's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Itron. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Itron's public news can be used to forecast risks associated with an investment in Itron. The trend in average sentiment can be used to explain how an investor holding Itron can time the market purely based on public headlines and social activities around Itron Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Itron's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Itron's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Itron's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Itron.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Itron in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Itron's short interest history, or implied volatility extrapolated from Itron options trading.
Check out Itron Backtesting and Itron Hype Analysis. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Itron. If investors know Itron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Itron listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.954 | Earnings Share 4.86 | Revenue Per Share 52.896 | Quarterly Revenue Growth 0.098 | Return On Assets 0.0544 |
The market value of Itron Inc is measured differently than its book value, which is the value of Itron that is recorded on the company's balance sheet. Investors also form their own opinion of Itron's value that differs from its market value or its book value, called intrinsic value, which is Itron's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Itron's market value can be influenced by many factors that don't directly affect Itron's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Itron's value and its price as these two are different measures arrived at by different means. Investors typically determine if Itron is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Itron's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.