Ituran Location & Ctrl saw an improvement in its IBD SmartSelect Composite Rating Tuesday, from 94 to 97.
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The new rating shows the stock is outpacing 97% of all stocks when it comes to the most important stock-picking criteria.
Ituran Location & Ctrl has now climbed above a proper buy zone after breaking out from a 30.00 entry in a cup without handle. Keep in mind that it's a thinly traded stock, with average daily dollar volume under $8 million.
The stock sports a 91 EPS Rating, which means its recent quarterly and annual earnings growth tops 91% of all stocks.
Its Accumulation/Distribution Rating of C shows a roughly equal amount of buying and selling by institutional investors over the last 13 weeks.
The company reported a 17% earnings gain for Q4. That means it's now generated two straight quarters of rising EPS growth. Top line growth rose 7%, up from 3% in the prior report. That marks one quarter of accelerating revenue gains. The company's next quarterly report is expected on or around May. 28.
Ituran Location & Ctrl holds the No. 2 rank among its peers in the Security/Safety industry group. Axon Enterprise is the No. 1-ranked stock within the group.
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