Should I buy or sell Ituran Location and Control stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ituran Location and Control in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ITRN shares. View ITRN analyst ratings or view top-rated stocks .

What is Ituran Location and Control's stock price target for 2024?

1 brokerages have issued 1-year price objectives for Ituran Location and Control's stock. Their ITRN share price targets range from $35.00 to $35.00. On average, they anticipate the company's share price to reach $35.00 in the next year. This suggests a possible upside of 33.7% from the stock's current price. View analysts price targets for ITRN or view top-rated stocks among Wall Street analysts .

How have ITRN shares performed in 2024?

Ituran Location and Control's stock was trading at $27.24 at the beginning of 2024. Since then, ITRN stock has decreased by 3.9% and is now trading at $26.18. View the best growth stocks for 2024 here .

Are investors shorting Ituran Location and Control?

Ituran Location and Control saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 77,000 shares, an increase of 38.2% from the March 15th total of 55,700 shares. Based on an average daily trading volume, of 54,600 shares, the short-interest ratio is presently 1.4 days. Approximately 0.5% of the shares of the company are short sold. View Ituran Location and Control's Short Interest .

When is Ituran Location and Control's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 22nd 2024. View our ITRN earnings forecast .

How were Ituran Location and Control's earnings last quarter?

Ituran Location and Control Ltd. (NASDAQ:ITRN) issued its earnings results on Thursday, February, 29th. The industrial products company reported $0.60 EPS for the quarter. The industrial products company earned $77.81 million during the quarter. Ituran Location and Control had a trailing twelve-month return on equity of 28.61% and a net margin of 15.04%.

How often does Ituran Location and Control pay dividends? What is the dividend yield for Ituran Location and Control?

Ituran Location and Control announced a quarterly dividend on Thursday, February 29th. Stockholders of record on Wednesday, March 20th will be given a dividend of $0.39 per share on Wednesday, April 3rd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.96%. The ex-dividend date is Tuesday, March 19th. This is a boost from the stock's previous quarterly dividend of $0.24. Read our dividend analysis for ITRN .

Is Ituran Location and Control a good dividend stock?

Ituran Location and Control (NASDAQ:ITRN) pays an annual dividend of $1.56 per share and currently has a dividend yield of 5.98%. ITRN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 65.00%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for ITRN .

What ETF holds Ituran Location and Control's stock?

ARK Israel Innovative Technology ETF holds 83,691 shares of ITRN stock, representing 2.13% of its portfolio.

What is Eyal Sheratzky's approval rating as Ituran Location and Control's CEO?

9 employees have rated Ituran Location and Control Chief Executive Officer Eyal Sheratzky on Glassdoor.com . Eyal Sheratzky has an approval rating of 99% among the company's employees. This puts Eyal Sheratzky in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Ituran Location and Control own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ituran Location and Control investors own include MoneyGram International (MGI) , Pointer Telocation (PNTR) , AbbVie (ABBV) , Applied Materials (AMAT) , Gilead Sciences (GILD) , Teva Pharmaceutical Industries (TEVA) , Verizon Communications (VZ) , Booking (BKNG) , Energy Transfer (ET) and Gilat Satellite Networks (GILT) .

Who are Ituran Location and Control's major shareholders?

Ituran Location and Control's stock is owned by a number of retail and institutional investors. Top institutional investors include DGS Capital Management LLC (0.06%).

How do I buy shares of Ituran Location and Control?

Shares of ITRN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:ITRN

Ituran Location and Control (ITRN) Stock Price, News & Analysis

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$26.18

+0.03 (+0.11%)

(As of 05:12 PM ET)

Compare

Today's Range: $26.00
▼
$26.52
50-Day Range: $25.30
▼
$28.64
52-Week Range: $20.35
▼
$31.01

Volume: 75,227 shs
Average Volume: 54,654 shs
Market Capitalization: $520.72 million

P/E Ratio: 10.91
Dividend Yield: 5.96%
Price Target: $35.00

Get Ituran Location and Control alerts:

Ituran Location and Control MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 33.7% Upside
$35.00 Price Target
Short Interest: Healthy
0.50% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.73
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.43 out of 5 stars

Industrial Products Sector

75th out of 163 stocks

Electronic Parts & Equipment, Not Elsewhere Classified Industry

5th out of 6 stocks

3.5

Analyst's Opinion

Consensus Rating
Ituran Location and Control has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Ituran Location and Control has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.50% of the float of Ituran Location and Control has been sold short.
Short Interest Ratio / Days to Cover
Ituran Location and Control has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Ituran Location and Control has recently increased by 38.24%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Leadership
Ituran Location and Control is a leading dividend payer. It pays a dividend yield of 5.98%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Ituran Location and Control has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of Ituran Location and Control is 65.00%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ITRN.

2.6

News and Social Media Coverage

News Sentiment
Ituran Location and Control has a news sentiment score of 0.73. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Ituran Location and Control this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for ITRN on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
MarketBeat Follows
7 people have added Ituran Location and Control to their MarketBeat watchlist in the last 30 days. This is an increase of 600% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ituran Location and Control insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.01% of the stock of Ituran Location and Control is held by insiders.
Percentage Held by Institutions
94.80% of the stock of Ituran Location and Control is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Ituran Location and Control is 10.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.71.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ituran Location and Control is 10.91, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.42.
Price to Book Value per Share Ratio
Ituran Location and Control has a P/B Ratio of 2.89. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Ituran Location and Control Stock (NASDAQ:ITRN)

Ituran Location and Control Ltd., together with its subsidiaries, provides location-based telematics services and machine-to-machine telematics products. It operates through two segments, Telematics Services and Telematics Products. The Telematics services segment offers stolen vehicle recovery and tracking services, which enables to locate, track, and recover stolen vehicles for its subscribers; fleet management services that enable corporate and individual customers to track and manage their vehicles in real time; and locator services that allow customers to protect valuable merchandise and equipment. This segment also delivers on-demand navigation guidance, information, and assistance, including the provision of traffic reports and directions, as well as information on the location of gas stations, car repair shops, post offices, hospitals, and other facilities; and Connected Car, a service platform that includes a back-office application, a telematics device installed in the vehicle, mobile apps for IOS and Android users, and interface using the car infotainment screen, as well as usage based insurance and auto financing. This segment serves insurance companies and agents, car manufacturers, dealers and importers, cooperative sales channels, and private subscribers. The Telematics Products segment offers Base Site, a radio receiver that includes a processor and a data computation unit to collect and send data to and from transponders, and to control centers; Control Center, a center consisting of software used to collect data from various base sites, conduct location calculations, and transmit location data to various customers and law enforcement agencies; navigation and tracking devices installed in vehicles; and SMART, a portable transmitter installed in vehicles that sends a signal to the base site enabling the location of vehicles, equipment, or an individual. Ituran Location and Control Ltd. was incorporated in 1994 and is headquartered in Azor, Israel.

ITRN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ITRN Stock News Headlines

April 15, 2024 | prnewswire.com

Ituran Increases Dividend To 6% And Earns $35 Price Target From Barclay Analyst

April 10, 2024 | investorplace.com

3 Undervalued Stocks to Own if You Dream of Retiring Early

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

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April 8, 2024 | americanbankingnews.com

Reviewing Comba Telecom Systems (OTCMKTS:COBJF) and Ituran Location and Control (NASDAQ:ITRN)

March 26, 2024 | finance.yahoo.com

Ituran to Present at the LD Micro Invitational XIV

March 18, 2024 | stocknews.com

3 Auto Stocks With Sky-High Potential for Profits

March 18, 2024 | msn.com

A Tech Pro Shares How To Clean Up Your iPhone From Battery-Draining Apps And Settings, Step By Step: Location Services & More

March 15, 2024 | finance.yahoo.com

Is It Worth Considering Ituran Location and Control Ltd. (NASDAQ:ITRN) For Its Upcoming Dividend?

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

March 8, 2024 | seekingalpha.com

Ituran Q4: Stronger Uptake In Brazil May Drive Meaningful Subscriber Growth

March 7, 2024 | investorplace.com

Dreaming in Dividends: 7 Tech Stocks That Pay You While You Sleep

March 5, 2024 | finance.yahoo.com

Ituran Location and Control (NASDAQ:ITRN) Will Pay A Larger Dividend Than Last Year At $0.39

March 3, 2024 | finance.yahoo.com

Ituran Location and Control Full Year 2023 Earnings: EPS: US$2.40 (vs US$1.82 in FY 2022)

March 2, 2024 | seekingalpha.com

Ituran Location and Control Ltd. (ITRN) Q4 2023 Earnings Call Transcript

March 1, 2024 | finance.yahoo.com

Ituran Location and Control Ltd. (NASDAQ:ITRN) Q4 2023 Earnings Call Transcript

March 1, 2024 | msn.com

Supplementary Review: Ituran Location and Control (ITRN), February 29, 2024

February 29, 2024 | msn.com

Ituran Location GAAP EPS of $0.47, revenue of $77.8M

February 29, 2024 | finanznachrichten.de

Ituran Location and Control Ltd.: Ituran Presents Fourth Quarter & Full Year 2023 Results

February 29, 2024 | prnewswire.com

ITURAN LOCATION AND CONTROL LTD ANNOUNCES DISTRIBUTION OF A $8 MILLION DIVIDEND

February 28, 2024 | uk.finance.yahoo.com

Ituran Location and Control Ltd. (ITRN)

February 26, 2024 | finance.yahoo.com

With 57% institutional ownership, Ituran Location and Control Ltd. (NASDAQ:ITRN) is a favorite amongst the big guns

February 14, 2024 | finance.yahoo.com

Jim Simons Adds Ituran Location and Control Ltd to Portfolio

February 9, 2024 | finance.yahoo.com

Ituran Location and Control Ltd.'s (NASDAQ:ITRN) Stock Has Shown A Decent Performance: Have Financials A Role To Play?

February 6, 2024 | finance.yahoo.com

ITURAN LOCATION AND CONTROL LTD. SCHEDULES FOURTH QUARTER & FULL YEAR 2023 RESULTS RELEASE AND CONFERENCE CALL FOR FEBRUARY 29, 2024

January 30, 2024 | morningstar.com

Ituran Location and Control Ltd

January 24, 2024 | finance.yahoo.com

Here's Why We Think Ituran Location and Control (NASDAQ:ITRN) Is Well Worth Watching

January 3, 2024 | finance.yahoo.com

We Like Ituran Location and Control's (NASDAQ:ITRN) Returns And Here's How They're Trending

See More Headlines

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Company Calendar

Last Earnings: 2/29/2024
Ex-Dividend for 4/3 Dividend: 3/19/2024
Dividend Payable: 4/03/2024
Today: 4/16/2024
Next Earnings (Estimated): 5/22/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Industrial Products
Industry: Electronic parts & equipment, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NASDAQ:ITRN
CUSIP: N/A
CIK: 1337117
Web: www.ituran.com
Phone: (723) 557-1314
Fax: 972-3557-1327
Employees: 2,736
Year Founded: 1995

Price Target and Rating

Average Stock Price Target: $35.00
High Stock Price Target: $35.00
Low Stock Price Target: $35.00
Potential Upside/Downside: +33.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.40
Trailing P/E Ratio: 10.90
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $48.14 million
Net Margins: 15.04%
Pretax Margin: 20.13%
Return on Equity: 28.61%
Return on Assets: 15.80%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.93
Quick Ratio: 1.64

Sales & Book Value

Annual Sales: $319.98 million
Price / Sales: 1.63
Cash Flow: $3.49 per share
Price / Cash Flow: 7.49
Book Value: $9.06 per share
Price / Book: 2.89

Miscellaneous

Outstanding Shares: 19,890,000
Free Float: 19,892,000
Market Cap: $520.12 million
Optionable: Optionable
Beta: 1.17

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Key Executives

Mr. Nir Sheratzky (Age 52)
Co-CEO & Director
Comp: $1.58M
Mr. Eyal Sheratzky (Age 55)
Co-CEO & Director
Comp: $1.58M
Mr. Izzy Sheratzky (Age 77)
Co-Founder, President & Director
Comp: $1.98M
Mr. Gil Sheratzky (Age 46)
Intl. Activity & Business Development Officer and Director
Comp: $1.12M
Mr. Shahar Sheratzky (Age 44)
Vice President & Head of Business Division
Comp: $466k
Prof. Yehuda Kahana Ph.D. (Age 80)
Co-Founder & Director
Mr. Eli Kamer (Age 57)
Executive VP of Finance & CFO
Mr. Udi Mizrahi (Age 52)
Deputy CEO of International Operation & VP of Finance
Mr. Guy Aharonov (Age 58)
General Counsel & VP of Legal
Mr. Ami Saranga (Age 60)
Deputy Chief Executive Officer
Comp: $358k

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

ITRN Stock Analysis - Frequently Asked Questions

Should I buy or sell Ituran Location and Control stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ituran Location and Control in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ITRN shares.
View ITRN analyst ratings or view top-rated stocks.
What is Ituran Location and Control's stock price target for 2024?: 1 brokerages have issued 1-year price objectives for Ituran Location and Control's stock. Their ITRN share price targets range from $35.00 to $35.00. On average, they anticipate the company's share price to reach $35.00 in the next year. This suggests a possible upside of 33.7% from the stock's current price.
View analysts price targets for ITRN or view top-rated stocks among Wall Street analysts.
How have ITRN shares performed in 2024?: Ituran Location and Control's stock was trading at $27.24 at the beginning of 2024. Since then, ITRN stock has decreased by 3.9% and is now trading at $26.18.
View the best growth stocks for 2024 here.
Are investors shorting Ituran Location and Control?: Ituran Location and Control saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 77,000 shares, an increase of 38.2% from the March 15th total of 55,700 shares. Based on an average daily trading volume, of 54,600 shares, the short-interest ratio is presently 1.4 days. Approximately 0.5% of the shares of the company are short sold.
View Ituran Location and Control's Short Interest.
When is Ituran Location and Control's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 22nd 2024.
View our ITRN earnings forecast.
How were Ituran Location and Control's earnings last quarter?: Ituran Location and Control Ltd. (NASDAQ:ITRN) issued its earnings results on Thursday, February, 29th. The industrial products company reported $0.60 EPS for the quarter. The industrial products company earned $77.81 million during the quarter. Ituran Location and Control had a trailing twelve-month return on equity of 28.61% and a net margin of 15.04%.
How often does Ituran Location and Control pay dividends? What is the dividend yield for Ituran Location and Control?: Ituran Location and Control announced a quarterly dividend on Thursday, February 29th. Stockholders of record on Wednesday, March 20th will be given a dividend of $0.39 per share on Wednesday, April 3rd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.96%. The ex-dividend date is Tuesday, March 19th. This is a boost from the stock's previous quarterly dividend of $0.24.
Read our dividend analysis for ITRN.

Is Ituran Location and Control a good dividend stock?: Ituran Location and Control (NASDAQ:ITRN) pays an annual dividend of $1.56 per share and currently has a dividend yield of 5.98%. ITRN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 65.00%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for ITRN.
What ETF holds Ituran Location and Control's stock?: ARK Israel Innovative Technology ETF holds 83,691 shares of ITRN stock, representing 2.13% of its portfolio.
What is Eyal Sheratzky's approval rating as Ituran Location and Control's CEO?: 9 employees have rated Ituran Location and Control Chief Executive Officer Eyal Sheratzky on Glassdoor.com. Eyal Sheratzky has an approval rating of 99% among the company's employees. This puts Eyal Sheratzky in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Ituran Location and Control own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Ituran Location and Control investors own include MoneyGram International (MGI), Pointer Telocation (PNTR), AbbVie (ABBV), Applied Materials (AMAT), Gilead Sciences (GILD), Teva Pharmaceutical Industries (TEVA), Verizon Communications (VZ), Booking (BKNG), Energy Transfer (ET) and Gilat Satellite Networks (GILT).
Who are Ituran Location and Control's major shareholders?: Ituran Location and Control's stock is owned by a number of retail and institutional investors. Top institutional investors include DGS Capital Management LLC (0.06%).
How do I buy shares of Ituran Location and Control?: Shares of ITRN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ITRN) was last updated on 4/16/2024 by MarketBeat.com Staff

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