Ituran Location and Control Ltd. (NASDAQ:ITRN) Receives Consensus Rating of “Moderate Buy” from Analysts

Ituran Location and Control Ltd. (NASDAQ:ITRN) has been assigned an average rating of “Moderate Buy” from the five ratings firms that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $60.6667.

ITRN has been the topic of several recent research reports. Maxim Group initiated coverage on Ituran Location and Control in a report on Thursday, March 12th. They set a “buy” rating and a $70.00 target price on the stock. Loop Capital set a $57.00 price objective on Ituran Location and Control in a research note on Monday, March 9th. Weiss Ratings reissued a “buy (b)” rating on shares of Ituran Location and Control in a research note on Friday, March 27th. Wall Street Zen downgraded Ituran Location and Control from a “strong-buy” rating to a “buy” rating in a research note on Monday, May 25th. Finally, UBS Group reissued a “buy” rating on shares of Ituran Location and Control in a research note on Wednesday.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd lifted its stake in shares of Ituran Location and Control by 257.4% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 629 shares of the industrial products company’s stock valued at $27,000 after purchasing an additional 453 shares during the period. Global Retirement Partners LLC lifted its stake in shares of Ituran Location and Control by 50.1% in the 4th quarter. Global Retirement Partners LLC now owns 656 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 219 shares during the period. Advisory Services Network LLC acquired a new position in shares of Ituran Location and Control in the 3rd quarter valued at about $28,000. Jones Financial Companies Lllp lifted its stake in shares of Ituran Location and Control by 327.2% in the 1st quarter. Jones Financial Companies Lllp now owns 1,226 shares of the industrial products company’s stock valued at $43,000 after purchasing an additional 939 shares during the period. Finally, National Bank of Canada FI acquired a new position in shares of Ituran Location and Control in the 3rd quarter valued at about $53,000. 94.80% of the stock is owned by institutional investors and hedge funds.

Ituran Location and Control Trading Up 1.0%

Shares of ITRN opened at $65.55 on Friday. The company has a market capitalization of $1.30 billion, a PE ratio of 21.63 and a beta of 0.73. Ituran Location and Control has a 12 month low of $32.71 and a 12 month high of $66.44. The stock’s 50-day moving average price is $55.76 and its two-hundred day moving average price is $48.20.

Ituran Location and Control (NASDAQ:ITRN) last announced its earnings results on Tuesday, May 26th. The industrial products company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.80 by $0.05. The firm had revenue of $102.67 million for the quarter, compared to the consensus estimate of $95.32 million. Ituran Location and Control had a return on equity of 27.70% and a net margin of 16.03%. Equities research analysts predict that Ituran Location and Control will post 3.5 EPS for the current fiscal year.

Ituran Location and Control Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Wednesday, June 24th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Wednesday, June 24th. Ituran Location and Control’s payout ratio is currently 198.02%.

Trending Headlines about Ituran Location and Control

Here are the key news stories impacting Ituran Location and Control this week:

• Positive Sentiment: Maxim Group maintained a Buy rating on Ituran Location and Control and kept its $70 target price, signaling continued confidence in the stock’s upside potential.
• Positive Sentiment: The analyst’s updated earnings estimates point to consistent growth, including FY2026 EPS of $3.50 and FY2027 EPS of $4.00, which can support a higher valuation if achieved.
• Neutral Sentiment: Maxim Group also published quarterly EPS estimates for 2026 and 2027, including $0.86 for Q2 2026, $0.88 for Q3 2026, $0.91 for Q4 2026, and $1.03 for Q4 2027, reflecting a gradual earnings ramp rather than a major surprise.
• Neutral Sentiment: Short interest data released on May 28 showed 0 shares reported, indicating no meaningful short-selling pressure from that update.

Ituran Location and Control Company Profile

Ituran Location and Control Ltd. is a provider of wireless vehicle tracking and stolen vehicle recovery services. The company leverages a combination of cellular and global positioning system (GPS) technologies to offer real-time monitoring and location-based solutions for private vehicle owners, fleet operators and insurance companies. Its core offerings include subscription-based tracking devices, centralized control centers and software platforms that enable clients to detect unauthorized vehicle use, dispatch recovery teams and manage fleet logistics.

Founded in 1994 in Israel, Ituran pioneered the use of wireless communications for security and telematics applications.