Summary Report: Ituran Location & Control

Mark, Marker, Hand, Write, Glass, Glass Pane

Image Source: Pixabay
 

Ituran Location & Control (ITRN) was incorporated in 1994 and is headquartered in Azor, Israel.

The Corporation provides location-based telematics services and machine-to-machine telematics products in Israel, Brazil, and internationally.

It operates in two segments: Telematics Services and Telematics Products. 

Three key data points gauge ITRN or any dividend-paying entity, namely:

(1) Price

(2) Dividends

(3) Returns

Those keys also indicate if any company has made, is making, and will make money.

ITRN Price

Ituran Location & Control's share price rose 24.4%  from $29.53 to $36.75 over the past year, per Tuesday’s price.

Two analysts cover the stock and set a 1-year target at $47.00.

However, 10 years of price history show ITRN stock price growing an average of  $1.30 per year.

That increase would move the stock price to $38.05 by next August.

Split the difference and call it a compromised $4.48 upside, creating one one-year target price of $41.23.

ITRN Dividends

Ituran Location & Control has paid quarterly dividends since April 2012, but missed one Q payment in 2018.

The current forward-looking annual dividend of $2.00 yields 5.44% per Monday’s $36.75 share price.

ITRN Returns

Putting it all together, a $6.48 estimated gross gain per share shows up when adding ITRN’s annual $2.00 dividend to an estimated $4.48 compromised annual price gain.

A little under $1000 invested at the recent $36.75 share price would buy  27 shares which, multiply the $6.48 gross gain to an estimated $176.33 for the coming year.

About 31% of that $176.00 gain comes from the $54.40 in annual dividends generated from your $1,000 investment.

Besides, the $54.40 annual dividend from your $1k investment is 48% greater than the recent $36.75 single-share price.

(A dividend dogcatcher rule is to only buy initial shares of 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 ITRN to get that current $54.40 annual dividend income that has been paid out over the past 13 years.

The exact track of ITRN’s future share price 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.


More By This Author:

Summary Report: Hon Hai Precision
Summary Report: Amano
Stock Analysis: Pitney Bowes

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, ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.