Is ITRN a good stock to buy?
We came across a bullish thesis on Ituran Location and Control Ltd. on InfoArb Sheets’s Substack
In this article, we will summarize the bulls’ thesis on ITRN. Ituran Location and Control Ltd.’s share was trading at $64.39 as of June 17th. ITRN’s trailing P/E was 21.14 according to Yahoo Finance.
Posonskyi Andrey/ Ituran Location and Control Ltd., together with its subsidiaries, provides location-based telematics services and machine-to-machine telematics products in Israel and internationally. ITRN delivered a strong start to 2026, reinforcing the bullish case that the company is evolving from a traditional telematics provider into a broader connected-mobility and data platform. The company reported record quarterly revenue of $102.7 million, up 19% year-over-year, while subscription revenue, which accounted for 73% of total revenue, increased 21%, highlighting the strength and quality of its recurring revenue model. 15 AI Stocks That Are Quietly Making Investors Rich Undervalued AI Stock Poised For Massive Gains: 10000% Upside Potential EBITDA grew 15% and diluted EPS rose to $0.85 from $0.73, supported by steady subscriber growth and expanding OEM relationships.