Ituran Location and Control Ltd. (US) (ITRN) Receives Daily News Impact Score of 0.20

News stories about Ituran Location and Control Ltd. (US) (NASDAQ:ITRN) have been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded 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 news sentiment score of 0.20 on Accern’s scale. Accern also assigned news articles about the industrial products company an impact score of 45.5146982179873 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

ITRN stock traded down $0.75 during midday trading on Wednesday, hitting $33.20. The company’s stock had a trading volume of 1,100 shares, compared to its average volume of 52,953. Ituran Location and Control Ltd. has a twelve month low of $29.25 and a twelve month high of $38.00. The firm has a market capitalization of $784.08 million, a P/E ratio of 15.89, a PEG ratio of 1.49 and a beta of 0.88.

Ituran Location and Control Ltd. (US) (NASDAQ:ITRN) last issued its quarterly earnings results on Wednesday, May 23rd. The industrial products company reported $0.54 earnings per share (EPS) for the quarter. Ituran Location and Control Ltd. (US) had a net margin of 17.21% and a return on equity of 32.30%. The firm had revenue of $63.08 million for the quarter. equities analysts expect that Ituran Location and Control Ltd. will post 2.04 earnings per share for the current fiscal year.



ITRN has been the topic of several research reports. Zacks Investment Research cut shares of Ituran Location and Control Ltd. (US) from a “buy” rating to a “hold” rating in a research report on Wednesday, May 9th. BidaskClub cut shares of Ituran Location and Control Ltd. (US) from a “sell” rating to a “strong sell” rating in a research report on Wednesday, May 9th. Finally, Jefferies Financial Group initiated coverage on shares of Ituran Location and Control Ltd. (US) in a research note on Friday, July 20th. They issued a “buy” rating and a $35.00 price target on the stock. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $35.50.

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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