Ituran Location and Control Ltd. - Ordinary Shares (ITRN)
35.28
-1.27 (-3.48%)
NASDAQ · Last Trade: Apr 3rd, 2:33 PM EDT
TechMediaBreaks – Ituran Location and Control Ltd. (NASDAQ: ITRN) CEO Discusses Company’s Journey from Humble Beginnings to Global Leadership
Ituran Location and Control Ltd. (NASDAQ: ITRN) Co-Founder and CEO Eyal Sheratzky recently sat down with Jay Woods of Freedom Capital Markets to discuss how Ituran transformed military-grade technology into groundbreaking telematics solutions. From stolen vehicle recovery to advanced fleet management systems, Ituran’s innovation continues to redefine the telematics industry.
Via Investor Brand Network · December 13, 2024
Ituran Increases Dividend To 6% After Posting Record-Setting 2023 Operational Performance ($ITRN)
Ituran Location and Control (NASDAQ: ITRN ) presents a compelling investment proposition. In fact, with a forward-looking dividend yield of 6%, this innovative technology company, which averages roughly 57,000 shares traded daily, may present a value disconnect too wide to ignore. That's not an overly aggressive assessment, either. Considering this company posted record across-the-board financial metrics, including a 9% revenue increase in year-over-year to $320 million, net income of $48 million, an increase of 30% year-over-year, and a 10% increase in EBITDA to $87 million, ITRN's market cap of $530 million, while impressive by most listing standards, may actually fall short of an appropriate fair value.
Via AB Newswire · April 15, 2024