NYSE:ITT - ITT Stock Price, News, & Analysis

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$59.63 -0.49 (-0.82 %)
(As of 05/22/2019 03:27 PM ET)
Previous Close$60.12
Today's Range$59.44 - $59.96
52-Week Range$44.89 - $63.54
Volume4,017 shs
Average Volume550,255 shs
Market Capitalization$5.24 billion
P/E Ratio18.43
Dividend Yield1.00%
Beta1.63
ITT Inc. manufactures and sells engineered critical components and customized technology solutions for the energy, transportation, and industrial markets worldwide. The company operates in three segments: Motion Technologies, Industrial Process, and Connect & Control Technologies. The Motion Technologies segment manufactures braking pads, shims, shock absorbers, and energy absorption components; and sealing technologies primarily for the transportation industry, including passenger cars, light- and heavy-duty commercial and military vehicles, buses, and rail. The Industrial Process segment designs and manufactures industrial pumps, valves, and plant optimization systems; and centrifugal pumps, twin screw and positive displacement pumps, and water systems, as well as aftermarket solutions, such as repairs and upgrades services. It serves various customers in industries, such as chemical, oil and gas, mining, and other industrial process markets. The Connect & Control Technologies segment designs and manufactures a range of engineered connectors and specialized control components for critical applications supporting various markets, including aerospace, defense, industrial, transportation, medical, and oil and gas. The connector product portfolio includes electrical connectors, such as circular, rectangular, radio frequency, fiber optic, D-sub miniature, micro-miniature, and cable assemblies; and control products consist of fuel and water pumps, valves, electro-mechanical rotary and linear actuators, and pressure, temperature, limit, and flow switches for various aircraft systems. ITT Inc. was founded in 1920 and is headquartered in White Plains, New York.

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Industry, Sector and Symbol

Industry Pumps & pumping equipment
Sub-IndustryIndustrial Machinery
SectorMulti-Sector Conglomerates
CUSIP45091120
Phone914-641-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.75 billion
Cash Flow$4.5038 per share
Book Value$21.31 per share

Profitability

Net Income$333.70 million

Miscellaneous

Employees10,000
Market Cap$5.24 billion
Next Earnings Date8/2/2019 (Estimated)
OptionableOptionable

ITT (NYSE:ITT) Frequently Asked Questions

What is ITT's stock symbol?

ITT trades on the New York Stock Exchange (NYSE) under the ticker symbol "ITT."

How often does ITT pay dividends? What is the dividend yield for ITT?

ITT declared a quarterly dividend on Friday, February 22nd. Stockholders of record on Monday, March 11th will be given a dividend of $0.147 per share on Monday, April 1st. This represents a $0.59 annualized dividend and a dividend yield of 0.99%. The ex-dividend date of this dividend is Friday, March 8th. This is a positive change from ITT's previous quarterly dividend of $0.13. View ITT's Dividend History.

How will ITT's stock buyback program work?

ITT announced that its Board of Directors has initiated a stock buyback plan on Saturday, February 17th 2018, which permits the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board of directors believes its shares are undervalued.

How were ITT's earnings last quarter?

ITT Inc (NYSE:ITT) released its earnings results on Friday, May, 3rd. The conglomerate reported $0.91 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.84 by $0.07. The conglomerate earned $695.50 million during the quarter, compared to analysts' expectations of $682.49 million. ITT had a net margin of 11.04% and a return on equity of 16.69%. The company's quarterly revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.77 EPS. View ITT's Earnings History.

When is ITT's next earnings date?

ITT is scheduled to release their next quarterly earnings announcement on Friday, August 2nd 2019. View Earnings Estimates for ITT.

What guidance has ITT issued on next quarter's earnings?

ITT updated its FY19 earnings guidance on Friday, May, 3rd. The company provided EPS guidance of $3.50-3.66 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.57. The company issued revenue guidance of $2.83-2.88 billion (+3-5%), compared to the consensus revenue estimate of $2.84 billion.ITT also updated its FY 2019 guidance to $3.50-3.66 EPS.

What price target have analysts set for ITT?

8 brokerages have issued 12-month price targets for ITT's shares. Their forecasts range from $60.00 to $70.00. On average, they anticipate ITT's share price to reach $67.00 in the next twelve months. This suggests a possible upside of 12.4% from the stock's current price. View Analyst Price Targets for ITT.

What is the consensus analysts' recommendation for ITT?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ITT in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for ITT.

Has ITT been receiving favorable news coverage?

Media stories about ITT stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. ITT earned a daily sentiment score of -1.1 on InfoTrie's scale. They also gave media coverage about the conglomerate a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near term.

Who are some of ITT's key competitors?

Some companies that are related to ITT include Xylem (XYL), IDEX (IEX), Graco (GGG), Flowserve (FLS), Colfax (CFX), Gorman-Rupp (GRC) and Ampco-Pittsburgh (AP).

What other stocks do shareholders of ITT own?

Who are ITT's key executives?

ITT's management team includes the folowing people:
  • Mr. Luca Savi, CEO, Pres & Director (Age 53)
  • Mr. Thomas M. Scalera, Exec. VP & CFO (Age 47)
  • Ms. Mary Elizabeth Gustafsson, Sr. VP, Gen. Counsel & Chief Compliance Officer (Age 59)
  • Mr. John Capela, VP & Chief Accounting Officer (Age 39)
  • Ms. Jessica Kourakos, Head of Investor Relations

Who are ITT's major shareholders?

ITT's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.99%), FMR LLC (7.52%), Janus Henderson Group PLC (3.72%), Boston Partners (3.03%), Goldman Sachs Group Inc. (2.80%) and Macquarie Group Ltd. (2.50%). Company insiders that own ITT stock include Denise L Ramos, Farrokh Batliwala, Jerahmiel Samson Grafstein, Mary Elizabeth Gustafsson, Steven C Giuliano, Thomas M Scalera and Victoria L Creamer. View Institutional Ownership Trends for ITT.

Which major investors are selling ITT stock?

ITT stock was sold by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., Neuberger Berman Group LLC, Keeley Teton Advisors LLC, TimesSquare Capital Management LLC, Wellington Management Group LLP, Thornburg Investment Management Inc., Goldman Sachs Group Inc. and Wedge Capital Management L L P NC. Company insiders that have sold ITT company stock in the last year include Farrokh Batliwala and Thomas M Scalera. View Insider Buying and Selling for ITT.

Which major investors are buying ITT stock?

ITT stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, BNP Paribas Arbitrage SA, JPMorgan Chase & Co., OppenheimerFunds Inc., Bank of Montreal Can, Charles Schwab Investment Management Inc., Schonfeld Strategic Advisors LLC and Lazard Asset Management LLC. View Insider Buying and Selling for ITT.

How do I buy shares of ITT?

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

What is ITT's stock price today?

One share of ITT stock can currently be purchased for approximately $59.63.

How big of a company is ITT?

ITT has a market capitalization of $5.24 billion and generates $2.75 billion in revenue each year. The conglomerate earns $333.70 million in net income (profit) each year or $3.23 on an earnings per share basis. ITT employs 10,000 workers across the globe.

What is ITT's official website?

The official website for ITT is http://www.itt.com/.

How can I contact ITT?

ITT's mailing address is 1133 WESTCHESTER AVENUE, WHITE PLAINS NY, 10604. The conglomerate can be reached via phone at 914-641-2000 or via email at [email protected]


MarketBeat Community Rating for ITT (NYSE ITT)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  322 (Vote Outperform)
Underperform Votes:  442 (Vote Underperform)
Total Votes:  764
MarketBeat's community ratings are surveys of what our community members think about ITT and other stocks. Vote "Outperform" if you believe ITT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ITT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/22/2019 by MarketBeat.com Staff

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