现在考虑购买 Itron 公司（纳斯达克股票代码：ITRI）是否已经太晚了？
Itron, Inc. (NASDAQ:ITRI) has recently seen a significant price increase, reaching its highest trading levels in a year. Despite a muted profit growth forecast of 5.4%, the stock is currently undervalued with an intrinsic value of $189.47, suggesting a potential buying opportunity. Investors should consider the company's financial health and management track record before making decisions. While growth isn't a primary driver, the current market conditions may provide a chance to buy low, especially if the market turns bearish.
Itron, Inc. (NASDAQ:ITRI), might not be a large cap stock, but it led the NASDAQGS gainers with a relatively large price hike in the past couple of weeks. The company's trading levels have reached its high for the past year, following the recent bounce in the share price. As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock. But what if there is still an opportunity to buy? Today we will analyse the most recent data on Itron’s outlook and valuation to see if the opportunity still exists.
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What Is Itron Worth?
Great news for investors – Itron is still trading at a fairly cheap price. Our valuation model shows that the intrinsic value for the stock is $189.47, which is above what the market is valuing the company at the moment. This indicates a potential opportunity to buy low. Although, there may be another chance to buy again in the future. This is because Itron’s beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. If the market is bearish, the company's shares will likely fall by more than the rest of the market, providing a prime buying opportunity.
See our latest analysis for Itron
What kind of growth will Itron generate?
Future outlook is an important aspect when you’re looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. However, with a relatively muted profit growth of 5.4% expected over the next couple of years, growth doesn’t seem like a key driver for a buy decision for Itron, at least in the short term.
What This Means For You
Are you a shareholder? Even though growth is relatively muted, since ITRI is currently undervalued, it may be a great time to accumulate more of your holdings in the stock. However, there are also other factors such as financial health to consider, which could explain the current undervaluation.
Are you a potential investor? If you’ve been keeping an eye on ITRI for a while, now might be the time to enter the stock. Its future outlook isn’t fully reflected in the current share price yet, which means it’s not too late to buy ITRI. But before you make any investment decisions, consider other factors such as the track record of its management team, in order to make a well-informed buy.
If you want to dive deeper into Itron, you'd also look into what risks it is currently facing. For example - Itron has 1 warning sign we think you should be aware of.
If you are no longer interested in Itron, you can use our free platform to see our list of over 50 other stocks with a high growth potential.
