Sneha Shah
Long/short equity, research analyst, tech, solar

Itron - Not Much Upside

Itron (NASDAQ:ITRI) is a one of the largest Advanced Metering Infrastructure (AMI) providers in the world and supplied almost half a million smart meters to customers worldwide. The company serves the electricity, natural gas and water markets by providing the measurement and control solutions both in terms of hardware and software. The company's revenues jumped in 2006 as USA utilities started to adopt AMI to lower operational costs of measuring resource consumption at consumer locations and improve utilization through analysis of the data. However, after the initial spurt, the market in the USA has matured and the growth rate in smart meter supply has slowed down. Smart meters are also facing increased competition from players such as Silver...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details