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Stock impact report

Ituran: Steady As She Goes, But Moderating Our Bullish Stance Now [Seeking Alpha]

Ituran Location and Control Ltd. - Ordinary Shares (ITRN) 
Last ituran location and control ltd. - ordinary shares earnings: 3/4 06:30 am Check Earnings Report
Company Research Source: Seeking Alpha
Yesterday, ITRN delivered its Q3 results which had its fair share of ups and downs. ITRN delivered a solid revenue performance, driven by strong subscription fee growth, even as margins on subscriptions crossed the 60% landmark. Concerns include flat subscriber additions, rising operating expenses, and lackluster free cash flow growth. While the dividend yield still looks compelling, dividend growth going forward may not be very generous, while valuations don't look very appealing now. Mying Aung/iStock via Getty Images Background Ituran Location and Control Ltd. ( ITRN ), which completed three decades of existence this year, is an Israel-based technology company that offers a range of hardware and software solutions with keen expertise in the field This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote t Show less Read more
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