Analyst Ratings for Ituran Location & Control Ltd. (ITRN)

Updated: 2017-07-28

An average rating of Buy has been given to Ituran Location & Control Ltd. (NASDAQ:ITRN) by analysts covering the stock. ITRN had previously received a consensus rating of Buy a month ago.

Of the 1 analysts covering the stock, 1 gave it a buy rating, 0 gave an overweight rating, 0 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

ITRN was given price targets by several analysts. The maximum price target given was 33, implying a possible profit of 7.32 percent. The most pessimistic price target was 33, implying a possible loss of 7.32 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 8.99 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

ITRN has an estimated earnings growth rate of 11.26 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. ITRN has a PEG ratio of 1.51.

ITRN has traded between a high of 36.95 and a low of 23.65 over the past year. Currently the stock is 30.02 percent higher than its low, and below the high by 16.78 percent. ITRN has a P/E ratio of 16.99. Investors typically compare the P/E ratio to a company's peers in the industry. The ITRN value stock report compares ITRN to some of its peers using value stock charts. The stock has a market capitalization of $0.65001 billion. ITRN will post this quarters earnings in days, on 0000-00-00.