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home / news releases / ITRI - Itron: Smart Growth Depends On Smart Grid Control


ITRI - Itron: Smart Growth Depends On Smart Grid Control

2024-07-17 09:06:40 ET

Summary

  • Itron's smart energy and resources management system is growing customer demand around the world this year.
  • The company's strong momentum has pulled it out of a slump that occurred from 2021-2022.
  • Its stock prices have been handsomely rewarded by the investors, up by 50% in less than a year.
  • Both its backlog breakdown and the inventory suggest that it can maintain its current top-line level but perhaps not higher.
  • Its stock is fairly valued at its historic average.

Investment Thesis

Company Overview

For further details see:

Itron: Smart Growth Depends On Smart Grid Control
Stock Information

Company Name: Itron Inc.
Stock Symbol: ITRI
Market: NASDAQ
Website: itron.com

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