Itron Surges 16% in Past Year: Can the Stock Sustain This Momentum?
Itron Inc (ITRI) stock has proved resilient amid a volatile market environment with a 16.3% gain in the past year. Strong market demand related to grid resiliency, grid capacity, safety and automation is driving demand for ITRI's solutions. ITRI outpaced estimates in each of the trailing four quarters, with the average surprise being 40.8%. It has outperformed its Electronic Test Equipment industry's decline of 8.5% and, the Zacks Computer and Technology sector and the S&P 500 composite's growth of 3.8% and ...