ITT (ITT) to Release Quarterly Earnings on Thursday

ITT (NYSE:ITT - Get Free Report) is projected to post its Q1 2025 quarterly earnings results before the market opens on Thursday, May 1st. Analysts expect ITT to post earnings of $1.43 per share and revenue of $901.22 million for the quarter. ITT has set its FY 2025 guidance at 6.100-6.500 EPS.

ITT (NYSE:ITT - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The conglomerate reported $1.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 expect ITT to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.

ITT Trading Down 0.5 %

ITT stock traded down $0.65 during trading hours on Tuesday, reaching $136.78. The stock had a trading volume of 516,619 shares, compared to its average volume of 447,518. The stock has a market cap of $11.07 billion, a PE ratio of 21.71, a PEG ratio of 1.89 and a beta of 1.36. ITT has a 52 week low of $105.64 and a 52 week high of $161.13. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.40 and a quick ratio of 0.96. The company has a fifty day simple moving average of $131.88 and a 200-day simple moving average of $142.90.

ITT Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 6th were issued a $0.351 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date was Thursday, March 6th. This is a positive change from ITT's previous quarterly dividend of $0.32. ITT's dividend payout ratio (DPR) is 22.22%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on ITT shares. UBS Group raised their price target on shares of ITT from $165.00 to $168.00 and gave the stock a "buy" rating in a report on Friday, February 7th. KeyCorp cut their target price 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. Citigroup cut their target price on shares of ITT from $181.00 to $150.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Stifel Nicolaus cut their target price on shares of ITT from $179.00 to $148.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Finally, StockNews.com lowered shares of ITT from a "buy" rating to a "hold" rating in a research note on Friday. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $158.57.

About 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.