Media stories about Ituran Location and Control (NASDAQ:ITRN) have trended somewhat positive recently, Accern Sentiment reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Ituran Location and Control earned a news impact score of 0.17 on Accern’s scale. Accern also gave headlines about the industrial products company an impact score of 45.9071695775943 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Ituran Location and Control (NASDAQ ITRN) opened at 37.15 on Thursday. The stock has a market capitalization of $778.96 million, a P/E ratio of 19.10 and a beta of 0.80. Ituran Location and Control has a 52 week low of $23.95 and a 52 week high of $37.75. The firm’s 50-day moving average is $35.03 and its 200-day moving average is $32.22.
Ituran Location and Control (NASDAQ:ITRN) last released its earnings results on Wednesday, August 16th. The industrial products company reported $0.50 earnings per share (EPS) for the quarter. The company had revenue of $58.53 million for the quarter. Ituran Location and Control had a net margin of 18.67% and a return on equity of 36.12%. On average, equities research analysts predict that Ituran Location and Control will post $1.74 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Tuesday, October 10th. Shareholders of record on Tuesday, September 19th were issued a $0.24 dividend. The ex-dividend date was Monday, September 18th. This represents a $0.96 dividend on an annualized basis and a yield of 2.58%. Ituran Location and Control’s dividend payout ratio (DPR) is 49.23%.
Several equities analysts have recently weighed in on ITRN shares. Zacks Investment Research raised shares of Ituran Location and Control from a “hold” rating to a “buy” rating and set a $38.00 price target on the stock in a research note on Wednesday, September 13th. BidaskClub downgraded shares of Ituran Location and Control from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th.
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About Ituran Location and Control
Ituran Location and Control Ltd. is a provider of location-based services, consisting of stolen vehicle recovery (SVR), fleet management services and other tracking services. The Company also provides wireless communication products used in connection with its location-based services and various other applications.
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