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:
Below please find a table outlining a discounted cash flow forecast for ITRI, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Itron Inc ranked in the 10th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 91.33%. The most interesting components of our discounted cash flow analysis for Itron Inc ended up being:
The company's balance sheet shows it gets 67% of its capital from equity, and 33% of its capital from debt. Notably, its equity weight is greater than just 13.66% of US equities in the Technology sector yielding a positive free cash flow.
Its compound free cash flow growth rate, as measured over the past 5.46 years, is -0.08% -- higher than just 16.21% of stocks in our DCF forecasting set.
Itron Inc's effective tax rate, as measured by taxes paid relative to net income, is at 29 -- greater than 89.57% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Itron Inc? See MRVL, SONO, SSNT, TTD, and WK.
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...