Itron Inc. provides comprehensive solutions that measure, manage and analyze energy and water. The company's product portfolio includes electricity, gas, water and thermal energy measurement devices and control technology; communications systems, software, as well as managed and consulting services. The company was founded in 1977 and is based in Liberty Lake, Washington.
ITRI Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Itron Inc. To summarize, we found that Itron Inc ranked in the 9th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for ITRI, they are:
Its compound free cash flow growth rate, as measured over the past 5.7 years, is -0.06% -- higher than only 17.7% of stocks in our DCF forecasting set.
Itron Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -0.39. This coverage rate is greater than that of merely 23.78% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, Itron Inc experienced a tax rate of about 0% over the past twelve months; relative to its sector (Technology), this tax rate is higher than merely 0% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as ITRI, try LPTH, MRVL, NUAN, CDAY, and GWRE.
Itron rises ([[ITRI]] +5.1%) after being upgraded to a strong buy from outperform by Raymond James analyst Pavel Molchanov, driven by valuation as ITRI is down 33% YTD vs. the ECO benchmark up 65%, with price target at $78 (32% upside).The analyst cited COVID pandemic is only driving minimal changes to...
Itron's (ITRI) beats low Q2 consensus estimates but expects the pandemic to continue to weigh on H2 results. ITRI shares are currently down 7.1%.In Q2, Device Solutions sales dropped 41% Y/Y in the quarter, Network Solutions fell 9%, and Outcomes decreased 9%.Gross margin decreased 290 bps from the prior year to 27.2%.FCF...