For its first fiscal quarter (ending March 31), Ituran Location and Control Ltd (NASDAQ: ITRN) has reported E.P.S. of $0.66 compared to $0.56 a year ago. For the latest four quarters through March 31, E.P.S. were $2.50 compared to $1.95 a year ago.
Recent Price Action
Ituran Location and Control Ltd (NASDAQ: ITRN) stock closed at $27.73 on 5/28/24 after a large increase of 4.8%. Moreover, this advance was accompanied by above average trading volume at 124% of normal. The stock has risen 1.3% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
ITRN is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Ituran Location has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Ituran Location has a slightly negative Appreciation Score of 33 and a poor Power Rating of 24, with the Lowest Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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