Profile
Sector:
TechnologyIndustry:
Scientific & Technical InstrumentsCountry:
IsraelIPO:
28 September 2005Website:
http://www.ituran.comNext earnings report:
15 August 2024Last dividends:
18 June 2024Next dividends:
N/APrice
after hours | Tue, 02 Jul 2024 20:29:51 GMTAnalysts recommendations
Institutional Ownership
ITRN Latest News
Record revenue and continued strong profitability; reiterates guidance and declares an $8 million dividend for the first quarter of 2024 AZOUR, Israel , May 28, 2024 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN) today announced its consolidated financial results for the first quarter 2024.
Conference Call Set for 10am ET on May 28, 2024 AZOUR, Israel, May 6, 2024 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN) revealed that it will unveil its Q1 2024 results on the mentioned date.
Ituran Location and Control is experiencing record-breaking growth levels and is well-positioned to sustain its performance due to healthy demand dynamics and continued expansions. The company offers telematic services, including stolen vehicle recovery and tracking, and operates in multiple countries, with Israel, Brazil, and others being its main revenue contributors. Despite potential short-term resistance due to the ongoing war in Israel, ITRN has a long-term growth prospect, supported by its robust industry growth, increased consumer offerings, and attractive dividend yield.
Ituran is a high-quality company that holds a monopoly in Israel. Its founders are still with the company and have huge skin in the game. The company boasts a robust customer base and secures recurring revenue through its subscription-based telematics products. Ituran is the leading name in car theft prevention in Israel and has plans to expand into the Indian market.
Ituran Location and Control is an Israeli company offering stolen vehicle tracking and fleet management services. The stock is reasonably valued, has high profitability metrics, and is expected to experience strong growth. Ituran has the potential to outperform the market in the coming year.
Ituran Location and Control Ltd. (NASDAQ:ITRN ) Q1 2023 Results Conference Call May 24, 2023 9:00 AM ET Company Participants Kenny Green - EK Global IR Eyal Sheratzky - CEO Eli Kamer - CFO Conference Call Participants Chris Reimer - Barclays Sasha Karim - IPI Operator Ladies and gentlemen, thank you for standing by.
Ituran is a leader in the emerging mobility technology field, providing value-added location-based services, including a full suite of services for the connected car. The global smart mobility market size is expected to grow at a CAGR of close to 23.6% from 2022 to 2032. I believe that Ituran Location may experience sales growth.
What type of business is Ituran Location and Control?
Ituran Location and Control Ltd., together with its subsidiaries, provides location-based telematics services and machine-to-machine telematics products. The company's Telematics services segment provides stolen vehicle recovery and tracking services, which locate, track, and recover stolen vehicles for its subscribers; fleet management services that enable corporate and individual customers to track and manage their vehicles in real time; and locator services that allow customers to protect valuable merchandise and equipment. It also offers on-demand navigation guidance, information, and assistance, including the provision of traffic reports and directions, as well as information on the location of gas stations, car repair shops, post offices, hospitals, and other facilities; and Connected Car, a service platform that includes a back-office application, a telematics device installed in the vehicle, mobile apps for IOS and Android users, and interface using the car infotainment screen, as well as usage based insurance and auto financing. This segment serves insurance companies and agents, car manufacturers, dealers and importers, cooperative sales channels, and private subscribers. Its Telematics Products segment provides Base Site, a radio receiver that includes a processor and a data computation unit to collect and send data to and from transponders, and to control centers; Control Center, a center consisting of software used to collect data from various base sites, conduct location calculations, and transmit location data to various customers and law enforcement agencies; navigation and tracking devices installed in vehicles; and SMART, a portable transmitter installed in vehicles that sends a signal to the base site enabling the location of vehicles, equipment, or an individual. The company was incorporated in 1994 and is headquartered in Azor, Israel.
What sector is Ituran Location and Control in?
Ituran Location and Control is in the Technology sector
What industry is Ituran Location and Control in?
Ituran Location and Control is in the Scientific & Technical Instruments industry
What country is Ituran Location and Control from?
Ituran Location and Control is headquartered in Israel
When did Ituran Location and Control go public?
Ituran Location and Control initial public offering (IPO) was on 28 September 2005
What is Ituran Location and Control website?
https://www.ituran.com
Is Ituran Location and Control in the S&P 500?
No, Ituran Location and Control is not included in the S&P 500 index
Is Ituran Location and Control in the NASDAQ 100?
No, Ituran Location and Control is not included in the NASDAQ 100 index
Is Ituran Location and Control in the Dow Jones?
No, Ituran Location and Control is not included in the Dow Jones index
When does Ituran Location and Control report earnings?
The next expected earnings date for Ituran Location and Control is 15 August 2024