Should You Invest in Ituran Location and Control Ltd. (ITRN)?

2 months ago 29

Soumya Eswaran

Tue, Apr 15, 2025, 5:42 AM 3 min read

Investment absorption company Vulcan Value Partners recently released its first-quarter 2025 capitalist letter. A transcript of the missive tin beryllium downloaded here. The archetypal 4th experienced the instrumentality of volatility. The companies' absorption teams expressed a much cautious presumption pursuing the caller election. Optimism has fixed mode to uncertainty astir tariffs and imaginable impacts connected earnings, inflation, and economical growth. In the quarter, the Large Cap Composite returned -2.1% nett of fees and expenses, the Small Cap Composite returned -4.5% net, the Focus Composite returned -5.8% net, the Focus Plus composite returned -6.0% and the All-Cap Composite returned -4.1% net. For much accusation connected the fund’s champion picks successful 2025, delight cheque its apical 5 holdings.

In its archetypal 4th 2025 capitalist letter, Vulcan Value Partners emphasized stocks specified arsenic Ituran Location and Control Ltd. (NASDAQ:ITRN). Headquartered successful Azor, Israel, Ituran Location and Control Ltd. (NASDAQ:ITRN) provides location-based telematics services and machine-to-machine telematics products. On April 14, 2025, Ituran Location and Control Ltd. (NASDAQ:ITRN) banal closed astatine $33.38 per share. One-month instrumentality of Ituran Location and Control Ltd. (NASDAQ:ITRN) was -10.72%, and its shares gained 27.50% of their worth implicit the past 52 weeks. Ituran Location and Control Ltd. (NASDAQ:ITRN) has a marketplace capitalization of $664.048 million.

Vulcan Value Partners stated the pursuing regarding Ituran Location and Control Ltd. (NASDAQ:ITRN) successful its Q1 2025 capitalist letter:

"There were 2 worldly contributors to performance: ISS A/S and Ituran Location and Control Ltd. (NASDAQ:ITRN). Ituran is an Israel-based institution that provides stolen conveyance betterment services. Its largest marketplace is Israel, followed by Brazil. They connection a subscription work that allows customers’ vehicles to beryllium tracked utilizing RF technology. Customers typically person a discount connected their car security erstwhile they subscribe to Ituran’s service. Ituran’s gross exemplary produces beardown escaped currency travel and unchangeable margins. The institution is performing well, and we judge remains discounted contempt the caller summation successful stock price."

A technician calibrating a telematics instrumentality successful a cardinal power room.

Ituran Location and Control Ltd. (NASDAQ:ITRN) is not connected our database of 30 Most Popular Stocks Among Hedge Funds. As per our database, 15 hedge money portfolios held Ituran Location and Control Ltd. (NASDAQ:ITRN) astatine the extremity of the 4th fourth which was 12 successful the erstwhile quarter. While we admit the imaginable of Ituran Location and Control Ltd. (NASDAQ:ITRN) arsenic an investment, our condemnation lies successful the content that AI stocks clasp greater committedness for delivering higher returns, and doing truthful wrong a shorter timeframe. If you are looking for an AI banal that is arsenic promising arsenic NVIDIA but that trades astatine little than 5 times its earnings, cheque retired our study astir the cheapest AI stock.