Media coverage about Ituran Location and Control Ltd. (US) (NASDAQ:ITRN) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ituran Location and Control Ltd. (US) earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 45.0803112191836 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
ITRN has been the subject of a number of recent analyst reports. BidaskClub downgraded Ituran Location and Control Ltd. (US) from a “sell” rating to a “strong sell” rating in a report on Wednesday, May 9th. Zacks Investment Research downgraded Ituran Location and Control Ltd. (US) from a “buy” rating to a “hold” rating in a report on Wednesday, May 9th. Finally, Jefferies Financial Group began coverage on Ituran Location and Control Ltd. (US) in a report on Friday, July 20th. They issued a “buy” rating and a $35.00 target price for the company. One analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $35.50.
NASDAQ ITRN traded down $0.20 on Friday, hitting $33.40. 28,625 shares of the company’s stock were exchanged, compared to its average volume of 51,363. Ituran Location and Control Ltd. has a fifty-two week low of $29.14 and a fifty-two week high of $38.00. The stock has a market capitalization of $788.77 million, a price-to-earnings ratio of 16.72, a PEG ratio of 1.50 and a beta of 0.88.
Ituran Location and Control Ltd. (US) (NASDAQ:ITRN) last released its earnings results on Wednesday, May 23rd. The industrial products company reported $0.54 earnings per share (EPS) for the quarter. The company had revenue of $63.08 million for the quarter. Ituran Location and Control Ltd. (US) had a return on equity of 32.30% and a net margin of 17.21%. research analysts predict that Ituran Location and Control Ltd. will post 2.04 earnings per share for the current year.
Ituran Location and Control Ltd. (US) Company Profile
Ituran Location and Control Ltd., together with its subsidiaries, provides location-based services and wireless communications products in Israel, Brazil, Argentina, and the United States. The company's Location-Based Services segment provides stolen vehicle recovery and tracking services, which 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 personal locator services that allow customers to protect valuable merchandise and equipment.
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