News stories about Ituran Location and Control (NASDAQ:ITRN) have been trending somewhat positive recently, according to Accern. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Ituran Location and Control earned a daily sentiment score of 0.07 on Accern’s scale. Accern also assigned news articles about the industrial products company an impact score of 45.3957137607403 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
ITRN has been the topic of several recent research reports. Zacks Investment Research raised shares of Ituran Location and Control from a “hold” rating to a “buy” rating and set a $40.00 price objective on the stock in a research report on Thursday, September 28th. Telsey Advisory Group lowered shares of Ituran Location and Control from an “outperform” rating to a “market perform” rating and set a $36.00 price objective on the stock. in a research report on Friday, November 17th.
Ituran Location and Control (ITRN) opened at $35.05 on Friday. Ituran Location and Control has a 52-week low of $25.05 and a 52-week high of $38.00. The company has a market cap of $733.88, a P/E ratio of 16.99 and a beta of 0.82.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 10th. Stockholders of record on Wednesday, December 27th will be given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.74%. The ex-dividend date of this dividend is Tuesday, December 26th. Ituran Location and Control’s dividend payout ratio is 46.60%.
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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.
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