TheStreet Ratings Top 10 Rating Changes

Tickers in this article: EQIX CRUS BP ITRI HIG EZPW ESS SPR OCN EXH

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Highlights from the ratings report include:

  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Electronic Equipment, Instruments & Components industry. The net income increased by 106.8% when compared to the same quarter one year prior, rising from -$517.08 million to $35.35 million.
  • 37.20% is the gross profit margin for ITRON INC which we consider to be strong. It has increased from the same quarter the previous year. Along with this, the net profit margin of 7.00% is above that of the industry average.
  • ITRON INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, ITRON INC swung to a loss, reporting -$12.55 versus $2.56 in the prior year. This year, the market expects an improvement in earnings ($3.80 versus -$12.55).
  • Compared to where it was 12 months ago, the stock is up, but it has so far lagged the appreciation in the S&P 500. We feel that the combination of its price rise over the last year and its current price-to-earnings ratio relative to its industry tend to reduce its upside potential.
  • Net operating cash flow has decreased to $44.61 million or 32.51% when compared to the same quarter last year. In addition, when comparing the cash generation rate to the industry average, the firm's growth is significantly lower.
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Itron, Inc. provides metering solutions, meter data management software, and knowledge application solutions to electric, natural gas, and water utilities worldwide. The company has a P/E ratio of -3.2, below the S&P 500 P/E ratio of 17.7. Itron has a market cap of $1.62 billion and is part of the technology sector and electronics industry. Shares are up 14.8% year to date as of the close of trading on Friday.

You can view the full Itron Ratings Report or get investment ideas from our investment research center .

Rating Change #3

Ocwen Financial Corporation (OCN) has been upgraded by TheStreet Ratings from hold to buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.