NASDAQ:ITRN

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

$29.61

+0.31 (+1.06%)

(As of 09/27/2023 ET)

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Today's Range: $29.18
▼
$29.63
50-Day Range: $27.12
▼
$30.28
52-Week Range: $20.35
▼
$31.01

Volume: 40,171 shs
Average Volume: 38,745 shs
Market Capitalization: N/A

P/E Ratio: 13.90
Dividend Yield: 1.52%
Price Target: $35.00

Ituran Location and Control MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 18.2% Upside
$35.00 Price Target
Short Interest: Healthy
0.43% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.43
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.19 out of 5 stars

2.5

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.
Price Target Upside/Downside
According to analysts' consensus price target of $35.00, Ituran Location and Control has a forecasted upside of 18.2% from its current price of $29.61.
Amount of Analyst Coverage
Ituran Location and Control has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.43% 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 0.8, 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 decreased by 25.98%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Ituran Location and Control pays a meaningful dividend of 1.52%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Ituran Location and Control has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Ituran Location and Control is 21.13%. 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.

3.0

News and Social Media Coverage

News Sentiment
Ituran Location and Control has a news sentiment score of 1.43. 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 is a higher news sentiment than the 0.72 average news sentiment score 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 2 people have searched for ITRN on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

0.0

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.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Ituran Location and Control is 13.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.53.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ituran Location and Control is 13.90, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.71.
Price to Book Value per Share Ratio
Ituran Location and Control has a P/B Ratio of 5.04. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Ituran Location and Control (NASDAQ:ITRN) Stock

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 Price History

30 days | 90 days | 365 days | Advanced Chart

ITRN Stock News Headlines

September 26, 2023 | finance.yahoo.com

Dividend Analysis: Ituran Location and Control Ltd (ITRN)

September 21, 2023 | finance.yahoo.com

Ituran Location and Control Ltd. (NASDAQ:ITRN) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

September 28, 2023 | Stansberry Research (Ad)

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September 18, 2023 | finance.yahoo.com

With 52% ownership, Ituran Location and Control Ltd. (NASDAQ:ITRN) boasts of strong institutional backing

September 1, 2023 | finance.yahoo.com

Ituran Location and Control (NASDAQ:ITRN) Is Due To Pay A Dividend Of $0.15

August 31, 2023 | msn.com

Ituran Location And Control (ITRN) Price Target Increased by 16.67% to 35.70

August 18, 2023 | finance.yahoo.com

Ituran Location and Control's (NASDAQ:ITRN) Dividend Will Be $0.15

August 17, 2023 | msn.com

Ituran Location and Control: A Hidden Gem That Keeps Performing

September 28, 2023 | UNKNOWN (Ad)

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August 17, 2023 | finance.yahoo.com

Ituran Location and Control Ltd. (NASDAQ:ITRN) Q2 2023 Earnings Call Transcript

August 16, 2023 | markets.businessinsider.com

Analysts Conflicted on These Technology Names: Nvidia (NVDA), Agilent (A) and Ituran Location And Control (ITRN)

August 14, 2023 | benzinga.com

Ituran Location & Control Earnings Preview

August 2, 2023 | finance.yahoo.com

With EPS Growth And More, Ituran Location and Control (NASDAQ:ITRN) Makes An Interesting Case

July 17, 2023 | finance.yahoo.com

ITURAN LOCATION AND CONTROL LTD. SCHEDULES SECOND QUARTER 2023 RESULTS RELEASE AND CONFERENCE CALL FOR TUESDAY, AUGUST 15, 2023

July 3, 2023 | finance.yahoo.com

Do Fundamentals Have Any Role To Play In Driving Ituran Location and Control Ltd.'s (NASDAQ:ITRN) Stock Up Recently?

June 22, 2023 | msn.com

Ituran Location & Control's Ex-Dividend Date Is Tuesday, Here's What You Need To Know

June 10, 2023 | finance.yahoo.com

Investors in Ituran Location and Control (NASDAQ:ITRN) have seen decent returns of 49% over the past three years

June 5, 2023 | finance.yahoo.com

ITURAN ANNOUNCES PARTNERSHIP WITH SANTANDER WHICH AIMS TO BRING BROAD ACCESS TO CAR FINANCING

May 27, 2023 | finance.yahoo.com

Ituran Location and Control (NASDAQ:ITRN) Is Increasing Its Dividend To $0.15

May 26, 2023 | finance.yahoo.com

A Look At The Intrinsic Value Of Ituran Location and Control Ltd. (NASDAQ:ITRN)

May 25, 2023 | msn.com

Ituran Location And Control (ITRN) Declares $0.15 Dividend

May 24, 2023 | forbes.com

Accelerated Subscriber Growth Continues At Ituran Location & Control (ITRN)

May 24, 2023 | finanznachrichten.de

Ituran Location and Control Ltd.: Ituran Presents Its First Quarter 2023 Results

May 24, 2023 | finance.yahoo.com

ITURAN PRESENTS ITS FIRST QUARTER 2023 RESULTS

May 24, 2023 | msn.com

Ituran Location & Control: Q1 Earnings Insights

May 7, 2023 | msn.com

Ituran Location and Control: Legal Monopoly, Beneficial 2023 Guidance, And Undervalued

May 1, 2023 | finance.yahoo.com

ITURAN LOCATION AND CONTROL LTD. SCHEDULES FIRST QUARTER 2023 RESULTS RELEASE AND CONFERENCE CALL FOR WEDNESDAY, MAY 24, 2023

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ITRN Company Calendar

Ex-Dividend for 7/12 Dividend: 6/27/2023
Dividend Payable: 7/12/2023
Last Earnings: 8/15/2023
Ex-Dividend for 10/11 Dividend: 9/26/2023
Today: 9/28/2023
Dividend Payable: 10/11/2023
Next Earnings (Estimated): 11/20/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Electronic parts & equipment, not elsewhere classified
Sub-Industry: N/A
Sector: Industrial Products
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 Forecast: $35.00
High Stock Price Forecast: $35.00
Low Stock Price Forecast: $35.00
Forecasted Upside/Downside: +18.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.13
Trailing P/E Ratio: 13.90
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $37.10 million
Net Margins: 14.01%
Pretax Margin: 19.65%
Return on Equity: 27.71%
Return on Assets: 14.63%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.78
Quick Ratio: 1.48

Sales & Book Value

Annual Sales: $293.07 million
Price / Sales: N/A
Cash Flow: $2.33 per share
Price / Cash Flow: 12.72
Book Value: $5.87 per share
Price / Book: 5.04

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: 1.06

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Key Executives

Mr. Nir Sheratzky (Age 51)
Co-CEO & Director
Comp: $1.58M

Mr. Eyal Sheratzky (Age 54)
Co-CEO & Director
Comp: $1.58M

Mr. Izzy Sheratzky (Age 76)
Co-Founder, Pres & Director
Comp: $1.98M

Mr. Gil Sheratzky (Age 45)
Intl. Activity & Bus. Devel. Officer and Director
Comp: $1.12M

Mr. Shahar Sheratzky (Age 43)
VP & Head of Bus. Division
Comp: $466k

Prof. Yehuda Kahana Ph.D. (Age 79)
Co-Founder & Director

Mr. Eli Kamer (Age 56)
Exec. VP of Fin. & CFO

Mr. Udi Mizrahi (Age 51)
Deputy CEO of International Operation & VP of Fin.

Mr. Guy Aharonov (Age 57)
Gen. Counsel & VP of Legal

Mr. Ami Saranga (Age 59)
Deputy Chief Exec. Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

ITRN Stock - Frequently Asked Questions

Should I buy or sell Ituran Location and Control stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ituran Location and Control in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street 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 forecast for 2023?: 1 brokerages have issued twelve-month price objectives for Ituran Location and Control's shares. Their ITRN share price forecasts range from $35.00 to $35.00. On average, they predict the company's share price to reach $35.00 in the next twelve months. This suggests a possible upside of 18.2% 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 2023?: Ituran Location and Control's stock was trading at $21.13 at the start of the year. Since then, ITRN stock has increased by 40.1% and is now trading at $29.61.
View the best growth stocks for 2023 here.
Are investors shorting Ituran Location and Control?: Ituran Location and Control saw a decline in short interest in the month of September. As of September 15th, there was short interest totaling 53,000 shares, a decline of 26.0% from the August 31st total of 71,600 shares. Based on an average trading volume of 63,600 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.4% of the shares of the stock are sold short.
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 Monday, November 20th 2023.
View our ITRN earnings forecast.
How were Ituran Location and Control's earnings last quarter?: Ituran Location and Control Ltd. (NASDAQ:ITRN) announced its earnings results on Tuesday, August, 15th. The industrial products company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.08. The industrial products company earned $81.65 million during the quarter. Ituran Location and Control had a trailing twelve-month return on equity of 27.71% and a net margin of 14.01%. During the same quarter last year, the company posted $0.43 EPS.
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 Tuesday, August 15th. Shareholders of record on Wednesday, September 27th will be paid a dividend of $0.15 per share on Wednesday, October 11th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.03%. The ex-dividend date of this dividend is Tuesday, September 26th. This is a boost from the stock's previous quarterly dividend of $0.11.
Read our dividend analysis for ITRN.
What ETF holds Ituran Location and Control's stock ?: ARK Israel Innovative Technology ETF holds 80,775 shares of ITRN stock, representing 2.30% of its portfolio.

Is Ituran Location and Control a good dividend stock?: Ituran Location and Control (NASDAQ:ITRN) pays an annual dividend of $0.45 per share and currently has a dividend yield of 1.52%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 21.13%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for ITRN.
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).
What is Ituran Location and Control's stock symbol?: Ituran Location and Control trades on the NASDAQ under the ticker symbol "ITRN."
Who are Ituran Location and Control's major shareholders?: Ituran Location and Control's stock is owned by a variety of retail and institutional investors. Top institutional investors include Ibex Investors LLC (5.36%), Renaissance Technologies LLC (4.67%), River Road Asset Management LLC (0.00%), BlackRock Inc. (1.84%), Harel Insurance Investments & Financial Services Ltd. (1.72%) and Rice Hall James & Associates LLC (0.00%).
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Ituran Location and Control's stock price today?: One share of ITRN stock can currently be purchased for approximately $29.61.
How many employees does Ituran Location and Control have?: The company employs 2,736 workers across the globe.
How can I contact Ituran Location and Control?: Ituran Location and Control's mailing address is 3 HASHIKMA STREET, AZOOR L3, 58001. The official website for the company is www.ituran.com. The industrial products company can be reached via phone at (723) 557-1314, via email at ituran@gkir.com, or via fax at 972-3557-1327.

This page (NASDAQ:ITRN) was last updated on 9/28/2023 by MarketBeat.com Staff

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