Itron traded at $79.24 this Friday May 15th, decreasing $2.29 or 2.81 percent since the previous trading session. Looking back, over the last four weeks, Itron lost 18.31 percent. Over the last 12 months, its price fell by 30.99 percent. Looking ahead, we forecast Itron to be priced at 77.65 by the end of this quarter and at 73.06 in one year, according to Trading Economics global macro models projections and analysts expectations.
Itron, Inc. is a technology and service company. The Company is also engaged in the industrial Internet of things (IIoT). It operates through three segments: Device Solutions, Networked Solutions, and Outcomes. Device Solutions segment primarily includes hardware products used for measurement, control, or sensing that do not have communications capability embedded for use with its Itron systems, i.e., hardware-based products not part of a complete end-to-end solution. Networked Solutions segment primarily includes 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. Outcomes segment primarily includes its value-added software and services in which the Company manage, organize, analyze, and interpret data to improve decision making and deliver results for consumers, utilities, and smart cities.