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.

Many analysts weighed in on price targets for ITRN. The most optimistic price target was 33, which equates to a potential upside 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 8.99 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

ITRN has an estimated earnings growth rate of 11.26 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. ITRN has a PEG ratio of 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 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.