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 potential capital gains of 7.32 percent. The most pessimistic analyst gave a price target of 33, which equates to a potential downside of 7.32 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 8.99 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, 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. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of ITRN is 1.51.

In the last 52-weeks, ITRN has achieved a high of 36.95 and a low of 23.65. The current market price is above the trailing year's low by 30.02 percent, and below the high by 16.78 percent. ITRN has a price/earnings 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 market cap of ITRN is $0.65001 billion. ITRN is estimated to release their earnings results for the quarter on 0000-00-00, days from today.