Ituran Location and Control Ltd. [ITRN] stock is up 5.19 while the S&P 500 has risen 0.18% on Tuesday, 11/17/20. While at the time of this article, ITRN ATR is sitting at 0.55, with the beta value at 1.22. This stock’s volatility for the past week remained at 3.98%, while it was 3.69% for the past 30-day period. ITRN has risen $0.83 from the previous closing price of $15.91 on volume of 0.19 million shares.

On 18, November 2020, Ituran Location & Control Ltd. to Host Earnings Call. According to news published on Yahoo Finance, NEW YORK, NY / ACCESSWIRE / November 18, 2020 / Ituran Location & Control Ltd. (NASDAQ:ITRN) will be discussing their earnings results in their 2020 Third Quarter Earnings call to be held on November 18, 2020 at 9:00 AM Eastern Time.

Analyst Birdseye View:

The most recent analyst activity for Ituran Location and Control Ltd. [NASDAQ:ITRN] stock was on May 16, 2019, when it was Initiated with an Overweight rating from Barclays. Before that, on July 21, 2020, Jefferies Recapitulated a Hold rating and elevated its amount target to $16. On December 04, 2018, Jefferies Resumed a Buy rating and boosted its price target on this stock to $41. On July 20, 2018, Jefferies Initiated a Buy rating and increased its price target to $35. On November 17, 2017, Chardan Capital Markets Downgrade a Neutral rating and increased its price target to $36. On March 01, 2017, Chardan Capital Markets Reiterated a Buy rating and boosted its amount target on this stock to $31. On August 17, 2016, Chardan Capital Markets Reiterated a Buy rating and boosted its target amount on this stock from $25 to $29.

In the past 52 weeks of trading, this stock has oscillated between a low of $11.01 and a peak of $26.37. Right now, according to Wall Street analyst the average 12-month amount target is $19.50. At the most recent market close, shares of Ituran Location and Control Ltd. [NASDAQ:ITRN] were valued at $16.74. According to the average price forecast, investors can expect a potential return of 0.0%.

FUNDAMENTAL ANALYSIS

Ituran Location and Control Ltd. [NASDAQ:ITRN] most recently reported quarterly sales of 53.31 billion, which represented growth of -25.10%. This publicly-traded organization’s revenue is $96,056 per employee, while its income is $2,369 per employee. This company’s Gross Margin is currently 47.20%, its Operating Margin is 0.30%, its Pretax Margin is +8.31, and its Net Margin is +2.47. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 1.93, 4.87, 20.37 and 3.17 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 41.64 and the whole liability to whole assets at 27.20. It shows enduring liability to the whole principal at 32.66 and enduring liability to assets at 0.21 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 15.46 points at 1st support level, the second support level is making up to 15.02. But as of 1st resistance point, this stock is sitting at 16.15 and at 16.40 for 2nd resistance point.

Ituran Location and Control Ltd. [ITRN] reported its earnings at $0.34 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.22/share signifying the difference of 0.12 and 54.50% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were $0.31 calling estimates for $0.34/share with the difference of -0.03 depicting the surprise of -8.80%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Ituran Location and Control Ltd. [NASDAQ:ITRN] is 1.70. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.54. Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.89 and it’s amount to book ratio is 4.56.