Ituran Location and Control (ITRN) Receiving Somewhat Favorable Press Coverage, Report Finds
Media headlines about Ituran Location and Control (NASDAQ:ITRN) have been trending somewhat positive recently, Accern reports. The research group scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ituran Location and Control earned a news impact score of 0.06 on Accern’s scale. Accern also gave headlines about the industrial products company an impact score of 45.9981005549437 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Ituran Location and Control Ltd. (ITRN) Receives Average Rating of “Strong Buy” from Brokerages (americanbankingnews.com)
- Head-To-Head Review: Ituran Location and Control (ITRN) versus The Competition (americanbankingnews.com)
- Ituran Location & Control Ltd. – Value Analysis (NASDAQ:ITRN) : November 2, 2017 (finance.yahoo.com)
- Ituran Location & Control Ltd. breached its 50 day moving average in a Bearish Manner : ITRN-US : November 1, 2017 (finance.yahoo.com)
Several equities research analysts have commented on the company. Zacks Investment Research lowered Ituran Location and Control from a “buy” rating to a “hold” rating in a research note on Monday, September 4th. BidaskClub lowered Ituran Location and Control from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th.
Shares of Ituran Location and Control (ITRN) traded down $0.20 during trading on Friday, reaching $35.25. The company had a trading volume of 23,261 shares, compared to its average volume of 32,658. The stock has a market capitalization of $739.12, a price-to-earnings ratio of 18.08 and a beta of 0.83. Ituran Location and Control has a 52 week low of $23.95 and a 52 week high of $38.00.
Ituran Location and Control (NASDAQ:ITRN) last issued its quarterly earnings data on Wednesday, August 16th. The industrial products company reported $0.50 earnings per share for the quarter. The company had revenue of $58.53 million during the quarter. Ituran Location and Control had a return on equity of 36.12% and a net margin of 18.67%. equities research analysts expect that Ituran Location and Control will post 2.09 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Tuesday, October 10th. Shareholders of record on Tuesday, September 19th were paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 2.72%. The ex-dividend date was Monday, September 18th. Ituran Location and Control’s dividend payout ratio (DPR) is 49.23%.
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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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