Itron (ITRI) Surpasses Market Returns: Some Facts Worth Knowing

Itron (ITRI) closed at $87.79, up 1.48% on the day, but down 10.82% over the past month. The energy and water meter company has a Zacks Rank #2 (Buy) rating with projected quarterly EPS growth of 1.95% and revenue growth of 2.55%. Trading at a Forward P/E of 13.5, well below the industry average of 24.05, the stock appears undervalued relative to peers.