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NYSE:ITT

ITT (ITT) Stock Price, News & Analysis

$136.88
-0.87 (-0.63%)
(As of 09:27 AM ET)
Today's Range
$136.67
$136.88
50-Day Range
$125.07
$142.83
52-Week Range
$91.94
$149.65
Volume
2,176 shs
Average Volume
387,490 shs
Market Capitalization
$11.27 billion
P/E Ratio
26.84
Dividend Yield
0.93%
Price Target
$151.00

ITT MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
10.3% Upside
$151.00 Price Target
Short Interest
Healthy
0.75% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.02
Upright™ Environmental Score
News Sentiment
0.46mentions of ITT in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
13.72%
From $5.83 to $6.63 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.00 out of 5 stars

Multi-Sector Conglomerates Sector

8th out of 17 stocks

Pumps & Pumping Equipment Industry

5th out of 7 stocks

ITT stock logo

About ITT Stock (NYSE:ITT)

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. This segment sells its products under ITT Friction Technologies, KONI, Wolverine Advanced Materials, Axtone, Novitek, and GALT. brand names. The Industrial Process segment provides industrial pumps, valves, and plant optimization and remote monitoring systems and services; and aftermarket solutions, such as replacement parts and services. It serves various customers in industries, such as chemical, energy, mining, and other industrial process markets. This segment sells its products under Goulds Pumps, Bornemann, Engineered Valves, PRO Services, C'treat, i-ALERT, Rheinhütte Pumpen, and Habonim brand names. The Connect & Control Technologies segment designs and manufactures a range of engineered connectors and specialized products for critical applications supporting various markets, including aerospace and defense, industrial, transportation, medical, and energy. This segment provides connector products, such as circular, rectangular, radio frequency, fiber optic, D-sub miniature, micro-miniature, and cable assemblies; and control products consist of highly engineered actuation, flow control, energy absorption, environmental control, and composite component solutions for the aerospace, defense, and industrial markets under Cannon, VEAM, BIW Connector Systems, Aerospace Controls, Enidine, Compact Automation, Neo-Dyn Process Controls, Conoflow, and Micro-Mode brand names. The company was incorporated in 1920 and is headquartered in Stamford, Connecticut.

ITT Stock Price History

ITT Stock News Headlines

Those who invested in ITT (NYSE:ITT) five years ago are up 157%
Ex WH Advisor Who Predicted Biden Leaving Race Makes Startling New Prediction
Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.
ITT Inc (2II.BE)
ITT Sep 2024 115.000 call (ITT240920C00115000)
Ex WH Advisor Who Predicted Biden Leaving Race Makes Startling New Prediction
Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.
ITT Aug 2024 155.000 call (ITT240816C00155000)
ITT Aug 2024 150.000 put (ITT240816P00150000)
See More Headlines
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Company Calendar

Ex-Dividend for 7/1 Dividend
6/03/2024
Dividend Payable
7/01/2024
Last Earnings
8/01/2024
Today
8/27/2024
Ex-Dividend for 9/30 Dividend
9/03/2024
Dividend Payable
9/30/2024
Next Earnings (Estimated)
11/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Pumps & pumping equipment
Sub-Industry
Industrial Machinery
CUSIP
45091120
Employees
10,600
Year Founded
1920

Price Target and Rating

Average Stock Price Target
$151.00
High Stock Price Target
$158.00
Low Stock Price Target
$125.00
Potential Upside/Downside
+9.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Net Income
$410.50 million
Pretax Margin
16.07%

Debt

Sales & Book Value

Annual Sales
$3.47 billion
Cash Flow
$6.51 per share
Book Value
$31.46 per share

Miscellaneous

Free Float
81,954,000
Market Cap
$11.34 billion
Optionable
Optionable
Beta
1.41

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Key Executives


ITT Stock Analysis - Frequently Asked Questions

How have ITT shares performed this year?

ITT's stock was trading at $119.32 on January 1st, 2024. Since then, ITT shares have increased by 14.7% and is now trading at $136.88.
View the best growth stocks for 2024 here
.

How were ITT's earnings last quarter?

ITT Inc. (NYSE:ITT) issued its quarterly earnings data on Thursday, August, 1st. The conglomerate reported $1.49 EPS for the quarter, topping the consensus estimate of $1.46 by $0.03. The company's revenue for the quarter was up 8.6% on a year-over-year basis.

How will ITT's stock buyback program work?

ITT's Board of Directors initiated a stock buyback program on Wednesday, October 4th 2023, which allows the company to buy back $1,000,000,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 12.1% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's board believes its stock is undervalued.

What is Luca Savi's approval rating as ITT's CEO?

23 employees have rated ITT Chief Executive Officer Luca Savi on Glassdoor.com. Luca Savi has an approval rating of 26% among the company's employees. This puts Luca Savi in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Does ITT have any subsidiaries?

The following companies are subsidiaries of ITT: Matrix Composites, Rheinhütte Pumpen Group, Axtone, Wolverine Automotive Holdings Inc., Hartzell Aerospace, ITT Bornemann GmbH, Blakers Pump Engineers, and others.

Who are ITT's major shareholders?

ITT's top institutional investors include Select Equity Group L.P. (4.06%), Massachusetts Financial Services Co. MA (1.61%), Dimensional Fund Advisors LP (1.16%) and Bank of New York Mellon Corp (1.01%). Insiders that own company stock include Mary Elizabeth Gustafsson, Don Defosset, Maurine C Lembesis, Orlando D Ashford, Ryan F Flynn and Luca Savi.
View institutional ownership trends
.

How do I buy shares of ITT?

Shares of ITT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of ITT own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ITT investors own include Xtrackers California Municipal Bond ETF (CA), Hawkins (HWKN), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH) and Aegean Marine Petroleum Network (ANW).

This page (NYSE:ITT) was last updated on 8/27/2024 by MarketBeat.com Staff

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