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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Ituran Location and Control's average basic shares outstanding for the quarter that ended in Jun. 2026 was 19.8 Mil.
Ituran Location and Control (NAS:ITRN) Shares Outstanding (Basic Average) Explanation
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Be Aware
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Ituran Location and Control Shares Outstanding (Basic Average) Related Terms
Ituran Location and Control Shares Outstanding (Basic Average) Historical Data
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The historical data trend for Ituran Location and Control's Shares Outstanding (Basic Average) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ituran Location and Control Shares Outstanding (Basic Average) Chart
Ituran Location and Control Shares Outstanding (Basic Average) Calculation
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.
What does a Shares Outstanding (Basic Average) of 19.8 Mil mean?
Ituran Location and Control (ITRN) has a Shares Outstanding (Basic Average) of 19.8 Mil as of Jun. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Ituran Location and Control and its competitors.
Is Ituran Location and Control's Shares Outstanding (Basic Average) too high?
Ituran Location and Control's current Shares Outstanding (Basic Average) is 19.8 Mil. Overall, Ituran Location and Control has a GF Score™ of 90/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ituran Location and Control's Shares Outstanding (Basic Average) compare to VPG and MLAB?
Ituran Location and Control's Shares Outstanding (Basic Average) of 19.8 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Hardware company?
A good Shares Outstanding (Basic Average) depends on the Hardware industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Ituran Location and Control and its competitors. Ituran Location and Control's current Shares Outstanding (Basic Average) is 19.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ituran Location and Control stock overvalued right now?
Based on GuruFocus' analysis, Ituran Location and Control (ITRN) is currently considered Significantly Overvalued. The stock's GF Value™ is $39.66, compared to a current price of $53.69 — trading 35.4% above its estimated fair value. The current Shares Outstanding (Basic Average) is 19.8 Mil. Ituran Location and Control's overall GF Score™ is 90/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Ituran Location and Control (ITRN), the current Shares Outstanding (Basic Average) is 19.8 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ituran Location and Control (ITRN) Overvalued in 2026?
Based on GuruFocus' analysis, Ituran Location and Control stock appears to be overvalued.
The current stock price of $53.69 is trading 35.4% above its estimated GF Value™ of $39.66.
GuruFocus considers Ituran Location and Control to be Significantly Overvalued.
Key valuation signals for ITRN:
Shares Outstanding (Basic Average): 19.8 Mil
GF Value™: $39.66 vs. price of $53.69 (35.4% above fair value)
No single metric tells the full story. See the ITRN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ituran Location and Control Ltd is a provider of location-based services. The company operates in two segments, namely Telematics services and Telematics products. The Telematics services segment consists of regionally-based stolen vehicle recovery (SVR) services, fleet management services, and value-added services comprised of personal locater services and concierge services. The Telematics product segment consists of short and medium-range two-way machine-to-machine wireless communications products that are used for various applications, including automatic vehicle location and automatic vehicle identification. Its geographical segments include Israel, Brazil, and Others. The company derives maximum revenue from Israel.
90GF Score
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