Ituran Location and Control Ltd. - Ordinary Shares (ITRN)
36.92
-0.95 (-2.51%)
Ituran Location and Control Ltd. is a leading provider of innovative telematics and location-based services, specializing in vehicle tracking and fleet management solutions
The company develops advanced technologies that enable real-time monitoring of vehicles, facilitating improved logistics, security, and operational efficiency. By offering services such as stolen vehicle recovery and driver behavior analysis, Ituran caters to both individual consumers and businesses looking to optimize their transportation and logistics operations. With a strong focus on enhancing safety and productivity through cutting-edge technology, Ituran plays a significant role in the evolving landscape of automotive connectivity and fleet management.
Ituran Location and Control Ltd is a provider of location-based services. Ituran’s share price rose 17.5% in the past year from $24.87 to $29.22 as of Monday’s market close.
ITRN stock results show that Ituran Location & Control beat analyst estimates for earnings per share but missed on revenue for the second quarter of 2024.
ITRN stock results show that Ituran Location & Control beat analyst estimates for earnings per share but missed on revenue for the first quarter of 2024.
Ituran Location and Control Ltd (ITRN) is a provider of location-based services. Ituran’s share price rose about 36.27% in the past year from $25.84 to $34.85 as of Monday’s market close.
Founded in 1994, Ituran Location and Control Ltd. (ITRN) is an Israeli company that specializes in telematics services and machine-to-machine telematics products.
Ituran Location and Control is a provider of location-based services. The company operates in two segments, namely Telematics services, and Telematics products.
Ituran Location and Control Ltd. (NASDAQ: ITRN) Co-Founder and CEO Eyal Sheratzky recently sat down with Jay Woods of Freedom Capital Markets to discuss how Ituran transformed military-grade technology into groundbreaking telematics solutions. From stolen vehicle recovery to advanced fleet management systems, Ituran’s innovation continues to redefine the telematics industry.
Ituran Location and Control (NASDAQ: ITRN ) presents a compelling investment proposition. In fact, with a forward-looking dividend yield of 6%, this innovative technology company, which averages roughly 57,000 shares traded daily, may present a value disconnect too wide to ignore. That's not an overly aggressive assessment, either. Considering this company posted record across-the-board financial metrics, including a 9% revenue increase in year-over-year to $320 million, net income of $48 million, an increase of 30% year-over-year, and a 10% increase in EBITDA to $87 million, ITRN's market cap of $530 million, while impressive by most listing standards, may actually fall short of an appropriate fair value.
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U.S. stocks traded mostly lower, with the Dow Jones falling around 50 points on Monday. Shares of Ituran Location and Control Ltd. (NASDAQ: ITRN) gained during Monday’s session after the company reported third-quarter financial results.
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The CNN Money Fear and Greed index showed further improvement in overall market sentiment, with the index remaining in the "Greed" zone on Friday. U.S. stocks closed mixed in the holiday-shortened trading session on Friday, ahead of the major shopping season. Meanwhile, all three major indices recorded their fourth straight weekly gains.
