Ituran Location and Control Ltd. (US) (NASDAQ:ITRN) has received a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that cover the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy recommendation.

Brokerages have set a twelve-month consensus target price of $36.00 for the company and are predicting that the company will post $0.52 EPS for the current quarter, according to Zacks. Zacks has also assigned Ituran Location and Control Ltd. (US) an industry rank of 178 out of 256 based on the ratings given to its competitors.

A number of research firms have commented on ITRN. Barclays set a $39.00 price target on shares of Ituran Location and Control Ltd. (US) and gave the stock a “buy” rating in a research note on Thursday, May 23rd. Zacks Investment Research lowered shares of Ituran Location and Control Ltd. (US) from a “hold” rating to a “sell” rating in a report on Thursday, May 23rd. Finally, BidaskClub upgraded shares of Ituran Location and Control Ltd. (US) from a “strong sell” rating to a “sell” rating in a report on Saturday, August 3rd.

Institutional investors and hedge funds have recently made changes to their positions in the company. Legal & General Group Plc lifted its holdings in shares of Ituran Location and Control Ltd. (US) by 58.8% in the 4th quarter. Legal & General Group Plc now owns 929 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 344 shares during the last quarter. Bank of America Corp DE raised its holdings in Ituran Location and Control Ltd. (US) by 16.5% during the 4th quarter. Bank of America Corp DE now owns 3,376 shares of the industrial products company’s stock valued at $109,000 after buying an additional 477 shares during the last quarter. D. E. Shaw & Co. Inc. raised its holdings in Ituran Location and Control Ltd. (US) by 10.2% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 10,303 shares of the industrial products company’s stock valued at $310,000 after buying an additional 955 shares during the last quarter. Brasada Capital Management LP raised its holdings in Ituran Location and Control Ltd. (US) by 7.0% during the 2nd quarter. Brasada Capital Management LP now owns 12,150 shares of the industrial products company’s stock valued at $363,000 after buying an additional 800 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC raised its holdings in Ituran Location and Control Ltd. (US) by 51.7% during the 1st quarter. Campbell & CO Investment Adviser LLC now owns 12,757 shares of the industrial products company’s stock valued at $436,000 after buying an additional 4,347 shares during the last quarter. Hedge funds and other institutional investors own 60.10% of the company’s stock.

NASDAQ:ITRN traded down $0.18 during mid-day trading on Monday, hitting $28.21. 43,600 shares of the stock traded hands, compared to its average volume of 64,257. The business’s 50-day moving average price is $29.70 and its 200 day moving average price is $33.05. The company has a market cap of $610.58 million, a PE ratio of 11.51, a price-to-earnings-growth ratio of 0.77 and a beta of 0.83. Ituran Location and Control Ltd. has a 12-month low of $27.75 and a 12-month high of $38.50. The company has a quick ratio of 1.55, a current ratio of 1.83 and a debt-to-equity ratio of 0.40.

Ituran Location and Control Ltd. (US) (NASDAQ:ITRN) last issued its quarterly earnings data on Tuesday, May 21st. The industrial products company reported $0.50 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.17). Ituran Location and Control Ltd. (US) had a net margin of 23.24% and a return on equity of 32.82%. The firm had revenue of $73.60 million for the quarter, compared to analysts’ expectations of $86.76 million. Analysts anticipate that Ituran Location and Control Ltd. will post 2.33 earnings per share for the current fiscal year.

About Ituran Location and Control Ltd. (US)

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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