Somewhat Positive Press Coverage Somewhat Unlikely to Affect Ituran Location and Control (ITRN) Stock Price

Headlines about Ituran Location and Control (NASDAQ:ITRN) have trended somewhat positive this week, Accern reports. The research firm scores the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ituran Location and Control earned a news impact score of 0.18 on Accern’s scale. Accern also assigned news coverage about the industrial products company an impact score of 46.3306145099687 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

ITRN has been the topic of a number of recent research reports. Zacks Investment Research upgraded shares of Ituran Location and Control from a “hold” rating to a “buy” rating and set a $37.00 price objective on the stock in a research note on Thursday, June 8th. BidaskClub downgraded shares of Ituran Location and Control from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th.

Ituran Location and Control (NASDAQ:ITRN) opened at 34.00 on Wednesday. The company has a market capitalization of $712.91 million, a P/E ratio of 17.48 and a beta of 0.80. The stock’s 50 day moving average is $31.93 and its 200-day moving average is $31.10. Ituran Location and Control has a 1-year low of $23.95 and a 1-year high of $36.95.

Ituran Location and Control (NASDAQ:ITRN) last released its quarterly earnings data on Wednesday, August 16th. The industrial products company reported $0.50 EPS for the quarter. The firm had revenue of $58.53 million during the quarter. Ituran Location and Control had a net margin of 18.67% and a return on equity of 36.12%. On average, analysts expect that Ituran Location and Control will post $1.74 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 10th. Shareholders of record on Tuesday, September 19th will be issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 2.82%. The ex-dividend date of this dividend is Monday, September 18th. Ituran Location and Control’s dividend payout ratio is presently 49.23%.

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Ituran Location and Control Company Profile

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.

Insider Buying and Selling by Quarter for Ituran Location and Control (NASDAQ:ITRN)

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