Itron Inc Partners with LUMA for Smart Meter Deployment in Puerto Rico

ITRI Stock  USD 109.02  1.03  0.95%   
Under 61% of all Itron's traders are looking to take a long position. The analysis of overall sentiment of trading Itron Inc stock suggests that some investors are interested at this time. Itron's investing sentiment shows overall attitude of investors towards Itron Inc.
  
Itron Inc has been selected by LUMA to deploy approximately 1.5 million smart meters across Puerto Rico, marking a significant step in the islands grid

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Itron Inc Current Investor Sentiment

Panic Vs Confidence

61

 
Panic
 
Confidence
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Itron's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Itron Inc.

Itron Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Itron can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Itron Fundamental Analysis

We analyze Itron's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Itron using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Itron based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Short Ratio

Short Ratio Comparative Analysis

Itron is currently under evaluation in short ratio category among its peers. Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.

Itron Inc Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Itron stock to make a market-neutral strategy. Peer analysis of Itron could also be used in its relative valuation, which is a method of valuing Itron by comparing valuation metrics with similar companies.

Peers

Itron Related Equities

FTVFortive Corp   1.65   
0%
100.0%
COHRCoherent   1.55   
0%
93.0%
ESEESCO Technologies   1.39   
0%
84.0%
MLABMesa Laboratories   0.52   
0%
31.0%
TDYTeledyne Technologies   0.49   
0%
29.0%
VNTVontier Corp   0.41   
0%
24.0%
VPGVishay Precision   0.30   
0%
18.0%
NOVTNovanta   0.03   
0%
1.0%
STSensata Technologies   0.29   
17.0%
0%
MKSIMKS Instruments   1.57   
95.0%
0%

Complementary Tools for Itron Stock analysis

When running Itron's price analysis, check to measure Itron's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Itron is operating at the current time. Most of Itron's value examination focuses on studying past and present price action to predict the probability of Itron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Itron's price. Additionally, you may evaluate how the addition of Itron to your portfolios can decrease your overall portfolio volatility.
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