ITT (NYSE:ITT) Issues Q1 2025 Earnings Guidance

ITT (NYSE:ITT - Get Free Report) updated its first quarter 2025 earnings guidance on Thursday. The company provided EPS guidance of 1.430-1.450 for the period, compared to the consensus EPS estimate of 1.430. The company issued revenue guidance of $913.0 million-, compared to the consensus revenue estimate of $900.4 million. ITT also updated its Q1 guidance to $1.43-1.45 EPS.

ITT Price Performance

Shares of NYSE ITT traded up $1.16 during midday trading on Tuesday, reaching $128.23. The company's stock had a trading volume of 333,351 shares, compared to its average volume of 428,643. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.96 and a current ratio of 1.40. The company has a market cap of $10.38 billion, a P/E ratio of 20.35, a P/E/G ratio of 1.89 and a beta of 1.36. The business's 50 day moving average price is $135.38 and its two-hundred day moving average price is $144.21. ITT has a fifty-two week low of $105.64 and a fifty-two week high of $161.13.

ITT (NYSE:ITT - Get Free Report) last issued its earnings results on Thursday, February 6th. The conglomerate reported $1.50 EPS for the quarter, beating the consensus estimate of $1.48 by $0.02. ITT had a net margin of 14.27% and a return on equity of 18.03%. On average, analysts forecast that ITT will post 6.51 EPS for the current fiscal year.

ITT Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 6th were paid a dividend of $0.351 per share. The ex-dividend date was Thursday, March 6th. This represents a $1.40 annualized dividend and a dividend yield of 1.09%. This is an increase from ITT's previous quarterly dividend of $0.32. ITT's dividend payout ratio (DPR) is presently 22.22%.

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Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. KeyCorp reduced their price objective on shares of ITT from $170.00 to $150.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. UBS Group boosted their price objective on ITT from $165.00 to $168.00 and gave the company a "buy" rating in a research note on Friday, February 7th. StockNews.com upgraded ITT from a "hold" rating to a "buy" rating in a research report on Thursday, February 13th. Stifel Nicolaus lowered their target price on ITT from $179.00 to $148.00 and set a "buy" rating for the company in a report on Monday. Finally, Citigroup cut their price target on ITT from $181.00 to $150.00 and set a "buy" rating on the stock in a report on Monday. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $158.57.

ITT Company Profile

ITT Inc, together with its subsidiaries, manufactures and sells engineered critical components and customized technology solutions for the transportation, industrial, and energy markets in the United States and internationally. The Motion Technologies segment manufactures brake pads, shims, shock absorbers, and energy absorption components; and sealing technologies primarily for the transportation industry, including passenger cars, trucks, light- and heavy-duty commercial and military vehicles, buses, and trains.