Ituran Location and Control Ltd. (ITRN)
NASDAQ (NGS) NASDAQ (NGS) Primary 
Ituran Location and Control Ltd. (ITRN) Q3 2024 Earnings Call Transcript
Ituran Location and Control Ltd. (NASDAQ:ITRN ) Q3 2024 Earnings Conference Call November 21, 2024 10:00 AM ET Company Participants Kenny Green - Investor Relations, EK Global Investor Relations Eyal Sheratzky - Chief Executive Officer Eli Kamer - Chief Financial Officer Conference Call Participants Sergey Glinyanov - Freedom Capital Allen Klee - Maxim Group Josh Strauss - Pekin Hardy Operator Ladies and gentlemen, thank you for standing by.
Ituran Has The Makings Of A Fine Portfolio Stock
The stock of Ituran, a specialist in the telematics landscape has spent much of this year consolidating. We feel it is a good opportunity to pick up this stock and highlight some of its attractive facets. The stock looks cheap, given the forward EBITDA growth on offer, whilst it also looks appealing from an FCF and dividend yield angle.
Why Ituran's Q2 Shows Strong Value Potential
Ituran had solid Q2 2024 results with $0.66 GAAP EPS and $84.9 million in revenue. Despite strong profits and a positive industry outlook, ITRN stock is undervalued, possibly due to currency swings and geopolitical risks. Ituran operates globally, offers telematics services, and is expanding strategically, making it a good pick for value investors.
