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ITT Corp (ITT)
NYSE:ITT
ITT (ITT) Stock Price & Analysis
251 Followers
ITT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$74.96 - $138.30
Previous Close$128.31
Volume540.26K
Average Volume (3M)392.97K
Market Cap
$10.56B
Enterprise Value$10.27B
Total Cash (Recent Filing)$489.20M
Total Debt (Recent Filing)$187.70M
Price to Earnings (P/E)25.1
Beta1.36
Next Earnings
Aug 01, 2024EPS EstimateN/A
Next Dividend Ex-Date
Jun 03, 2024Dividend Yield0.95%
Share Statistics
EPS (TTM)5.10
Shares Outstanding82,300,000
10 Day Avg. Volume464,470
30 Day Avg. Volume392,968
Standard Deviation0.09
R-Squared0.65
Alpha0.00324
Financial Highlights & Ratios
Price to Book (P/B)7.33
Price to Sales (P/S)12.74
Price to Cash Flow (P/CF)15.00
P/FCF Ratio18.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.13
Enterprise Value/Gross Profit9.27
Enterprise Value/Ebitda8.58
Forecast
1Y Price Target
$144.33Price Target Upside12.49% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
ITT News
Bulls Say, Bears Say
Bulls Say
Earnings PotentialManagement initiated 2024 guidance for organic growth and core margin expansion with an adjusted EPS of $5.45-5.90.
Financial PerformanceAnalyst maintains a Buy rating based on ITT's unique market position and strong track record.
Growth StrategyManagement is targeting substantial annual investment in mergers and acquisitions.
Bears Say
Acquisition ImpactThe recent Svanehoj acquisition is expected to negatively impact earnings in the short term due to backlog amortization, although this effect is anticipated to diminish the following year.
Earnings GuidanceThe mid-point of the guidance is significantly lower than the financial analysts' consensus earnings per share estimates.
Financial PerformanceModel updates mainly account for increased costs related to interest and corporate expenses, adversely affecting the company's financial outlook.
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Ownership Overview
2.87% Insiders
43.46% Mutual Funds
24.42% Other Institutional Investors
29.25% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ITT FAQ
What was ITT Corp’s price range in the past 12 months?
ITT Corp lowest stock price was $74.96 and its highest was $138.29 in the past 12 months.
What is ITT Corp’s market cap?
Currently, no data Available
When is ITT Corp’s upcoming earnings report date?
ITT Corp’s upcoming earnings report date is Aug 01, 2024 which is in 88 days.
How were ITT Corp’s earnings last quarter?
ITT Corp released its earnings results on May 02, 2024. The company reported $1.42 earnings per share for the quarter, beating the consensus estimate of $1.356 by $0.064.
Is ITT Corp overvalued?
According to Wall Street analysts ITT Corp’s price is currently Undervalued.
Does ITT Corp pay dividends?
ITT Corp pays a Quarterly dividend of $0.32 which represents an annual dividend yield of 0.95%. See more information on ITT Corp dividends here
What is ITT Corp’s EPS estimate?
ITT Corp’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does ITT Corp have?
ITT Corp has 82,300,000 shares outstanding.
What happened to ITT Corp’s price movement after its last earnings report?
ITT Corp reported an EPS of $1.42 in its last earnings report, beating expectations of $1.356. Following the earnings report the stock price went down -3.705%.
Which hedge fund is a major shareholder of ITT Corp?
Among the largest hedge funds holding ITT Corp’s share is Gamco Investors, Inc. ET AL. It holds ITT Corp’s shares valued at 39M.
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ITT Stock Smart Score
Outperform
1
2
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5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$144.33 (12.49% Upside)
$144.33 (12.49% Upside)
Blogger Sentiment
Bullish
ITT Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 37.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.4%
Last 30 Days ▲ 4.6%
Last 30 Days ▲ 4.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
55.63%
12-Months-Change
Fundamentals
Return on Equity
17.33%
Trailing 12-Months
Asset Growth
16.88%
Trailing 12-Months
Company Description
ITT Corp
ITT, Inc. engages in the manufacture and sale of engineered components and customized technology solutions in the field of energy, transportation, and industrial markets. It operates through the following segments: Motion Technologies, Industrial Process, and Connect and Control Technologies. The Motion Technologies segment manufactures brake components and specialized sealing solutions, shock absorbers and damping technologies primarily for the global automotive, truck and trailer, public bus and rail transportation. The Industrial Process segment includes engineered fluid process equipment in areas such as chemical, oil and gas, mining, and other industrial process markets as well as providing of plant optimization and efficiency solutions and aftermarket services and parts. The Connect and Control Technologies segment offers harsh-environment connector solutions and critical energy absorption and flow control components for the aerospace and defense, general industrial, medical, and oil and gas markets. The company was founded in 1920 and is headquartered in White Plains, NY.
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ITT Company Deck
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ITT Earnings Call
Q1 2024
0:00 / 0:00
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ITT Revenue Breakdown
44.40% Motion Technologies
34.41% Industrial Process
21.30% Connect & Control Technologies
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ITT Stock 12 Months Forecast
Average Price Target
$144.33
▲(12.49% Upside)
Technical Analysis
Best Analysts Covering ITT
1 Year
1 Year Success Rate
28/35 ratings generated profit
1 Year Average Return
+18.66%
reiterated a buy rating 3 months ago
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