Ituran Location and Control Ltd. (NASDAQ:ITRN) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Analysts remain generally positive: Ituran has a consensus “Moderate Buy” rating, with four buys and one hold among five analysts. The average 12-month price target is $60.67 versus the stock’s reported price of $54.07.
• Quarterly results exceeded expectations: The company reported EPS of $0.88, ahead of the $0.87 consensus, while revenue reached $104.79 million versus estimates of $99.84 million. Revenue and EBITDA also posted strong year-over-year growth.
• Dividend adds to shareholder returns: Ituran declared a quarterly dividend of $0.50 per share, equivalent to $2.00 annually and a yield of approximately 3.7%, with payment scheduled for October 14.

Ituran Location and Control Ltd. (NASDAQ:ITRN - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the five analysts that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $60.6667.

A number of brokerages have issued reports on ITRN. UBS Group reaffirmed a "buy" rating on shares of Ituran Location and Control in a research note on Wednesday, May 27th. Zacks Research raised shares of Ituran Location and Control to a "hold" rating in a research report on Thursday, May 28th. Finally, Wall Street Zen raised shares of Ituran Location and Control from a "buy" rating to a "strong-buy" rating in a report on Tuesday, June 2nd.

Institutional Trading of Ituran Location and Control

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd lifted its holdings in Ituran Location and Control by 257.4% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 629 shares of the industrial products company's stock valued at $27,000 after acquiring an additional 453 shares during the last quarter. Global Retirement Partners LLC grew its position in Ituran Location and Control by 50.1% in the fourth quarter. Global Retirement Partners LLC now owns 656 shares of the industrial products company's stock worth $28,000 after acquiring an additional 219 shares during the period. Advisory Services Network LLC acquired a new stake in Ituran Location and Control during the third quarter worth $28,000. Jones Financial Companies Lllp increased its stake in Ituran Location and Control by 327.2% during the first quarter. Jones Financial Companies Lllp now owns 1,226 shares of the industrial products company's stock worth $43,000 after acquiring an additional 939 shares during the last quarter. Finally, National Bank of Canada FI purchased a new stake in Ituran Location and Control in the third quarter valued at $53,000. Institutional investors and hedge funds own 94.80% of the company's stock.

Ituran Location and Control Price Performance

ITRN stock opened at $54.07 on Thursday. Ituran Location and Control has a 1 year low of $32.71 and a 1 year high of $68.30. The firm has a market capitalization of $1.08 billion, a PE ratio of 17.84 and a beta of 0.79. The business has a 50 day simple moving average of $58.73 and a 200-day simple moving average of $54.73.

Ituran Location and Control (NASDAQ:ITRN - Get Free Report) last announced its quarterly earnings data on Wednesday, August 12th. The industrial products company reported $0.88 EPS for the quarter, topping analysts' consensus estimates of $0.87 by $0.01. The firm had revenue of $104.79 million for the quarter, compared to the consensus estimate of $99.84 million. Ituran Location and Control had a return on equity of 27.70% and a net margin of 16.03%. On average, equities research analysts expect that Ituran Location and Control will post 3.5 EPS for the current year.

Ituran Location and Control Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Tuesday, September 29th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.7%. The ex-dividend date is Tuesday, September 29th. Ituran Location and Control's payout ratio is presently 66.01%.

Key Ituran Location and Control News

Here are the key news stories impacting Ituran Location and Control this week:

• Positive Sentiment: Record quarterly performance: Second-quarter revenue reached $104.8 million, up 21% year over year and above the $99.8 million analyst consensus. Subscription revenue increased 25%, while EBITDA rose 24% to a record $28.5 million, signaling strong operating momentum. Ituran Presents Second Quarter 2026 Results
• Positive Sentiment: Earnings beat expectations: Ituran reported quarterly EPS of $0.88, slightly ahead of the $0.87 consensus estimate. The company also posted a 16.03% net margin and 27.70% return on equity, reinforcing the strength of its financial performance. Ituran Quarterly Earnings Results
• Positive Sentiment: Dividend supports shareholder returns: The board approved a $0.50-per-share quarterly dividend, totaling approximately $10 million. The payment is scheduled for October 14 for shareholders of record on September 29, representing an annualized $2.00 payout and an indicated yield of about 3.7%. Ituran Announces Second-Quarter Dividend
• Neutral Sentiment: Short-interest data offers little signal: Reported short interest was zero shares as of August 11, unchanged from the prior period. The figures provide no meaningful evidence of either short-selling pressure or potential short-covering demand.

About Ituran Location and Control

Ituran Location and Control Ltd. is a provider of wireless vehicle tracking and stolen vehicle recovery services. The company leverages a combination of cellular and global positioning system (GPS) technologies to offer real-time monitoring and location-based solutions for private vehicle owners, fleet operators and insurance companies. Its core offerings include subscription-based tracking devices, centralized control centers and software platforms that enable clients to detect unauthorized vehicle use, dispatch recovery teams and manage fleet logistics.

Founded in 1994 in Israel, Ituran pioneered the use of wireless communications for security and telematics applications.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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