We came across a bullish thesis on Itron, Inc. on Valueinvestorsclub.com by xxxOTK87. In this article, we will summarize the bulls’ thesis on ITRI. Itron, Inc.'s share was trading at $126.61 as of October 9th. ITRI’s trailing and forward P/E were 21.13 and 19.16 respectively according to Yahoo Finance.
Itron is a leading provider of metering solutions for utilities, positioned to capitalize on a generational replacement cycle and expand market share. The company serves electricity (~60% of revenue), gas (~20%), and water (~20%) utilities through Device Solutions, Networked...
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