Stock Analysis: Ituran Location And Control
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Ituran Location (ITRN) and Control Ltd was incorporated in 1994 and is headquartered in Azor, Israel
The company together with its subsidiaries, provides location-based telematics services and machine-to-machine telematics products in Israel, Brazil, Argentina, Colombia, Mexico, Ecuador and the United States.
The Telematics services segment offers stolen vehicle recovery and tracking services. The Telematics Products segment offers 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.
It serves insurance companies and agents, car manufacturers, dealers and importers, cooperative sales channels, and private subscribers.
Three key data points gauge Ituran or any dividend paying entity, namely:
(1) Price
(2) Dividends
(3) Returns
Those keys also show if any company has made, is making, and will make money.
ITRN Price
Ituran’s share price increased over 37% in the past year from $25.94 to $35.57 as of Thursday’s closing price.
ITRN Dividends
Ituran has paid variable annual dividends since April, 2004.
The current forward looking annual dividend of $2.00 yields 5.62% per Thursday’s $35.57closing price.
ITRN Returns
Putting it all together, a $7.93 estimated gross gain per share shows up when adding Ituran’s annual $2.00 dividend to an estimated $5.93price gain in an amount about half the estimate from two analysts tracking the stock.
A little under $1000 invested at the recent $35.57 price would buy 28 shares which, multiplies the $7.93 gross gain total to $222.94
Furthermore, over 25% of that $223 gain comes from the $56.20 in dividends generated from your $1,000 investment, and the $56.20 annual dividend amounts to over 1.5 times the recent $35.57 single-share price.
(A dividend dogcatcher rule is to only buy a stock that pays an annual dividend from $1000 invested that is greater than the cost of a single share.)
Therefore, you may choose to pounce on Ituran Location and Control Ltd and its 5.62% dividend yield along with its 21 year dividend record.
The exact track of Ituran Location and Control Ltd future share prices and dividends will entirely be determined by market action and company finances.
Remember the best way to track stock performance and dividend payments is through direct ownership of company shares.
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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...
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