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

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$61.12 +1.24 (+2.07 %)
(As of 08/19/2018 05:26 AM ET)
Previous Close$61.12
Today's Range$59.83 - $61.28
52-Week Range$38.66 - $63.04
Volume372,315 shs
Average Volume610,555 shs
Market Capitalization$5.28 billion
P/E Ratio23.60
Dividend Yield0.90%
Beta1.58
ITT logoITT 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: Industrial Process, Motion Technologies, and Connect & Control Technologies. The Industrial Process segment designs and manufactures industrial pumps, valves, and plant optimization systems; and centrifugal pumps, vertical 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 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 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

Stock Exchange NYSE
Industry Pumps & pumping equipment
Sub-IndustryIndustrial Machinery
SectorMulti-Sector Conglomerates
SymbolNYSE:ITT
CUSIP45091120
Phone914-641-2000

Debt

Debt-to-Equity RatioN/A
Current Ratio1.68
Quick Ratio1.26

Price-To-Earnings

Trailing P/E Ratio23.60
Forward P/E Ratio19.46
P/E Growth1.61

Sales & Book Value

Annual Sales$2.59 billion
Price / Sales2.07
Cash Flow$3.8659 per share
Price / Cash15.81
Book Value$18.16 per share
Price / Book3.37

Profitability

EPS (Most Recent Fiscal Year)$2.59
Net Income$113.50 million
Net Margins7.02%
Return on Equity15.40%
Return on Assets6.69%

Miscellaneous

Employees10,000
Outstanding Shares87,600,000
Market Cap$5.28 billion

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 Tuesday, August 7th. Shareholders of record on Monday, September 10th will be given a dividend of $0.134 per share on Monday, October 1st. This represents a $0.54 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date is Friday, September 7th. View ITT's Dividend History.

How will ITT's stock buyback program work?

ITT announced that its Board of Directors has approved a stock buyback plan on Saturday, February 17th 2018, which allows the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's leadership believes its shares are undervalued.

How were ITT's earnings last quarter?

ITT Inc (NYSE:ITT) issued its quarterly earnings results on Friday, August, 3rd. The conglomerate reported $0.82 earnings per share for the quarter, beating analysts' consensus estimates of $0.78 by $0.04. The conglomerate had revenue of $696.80 million for the quarter, compared to the consensus estimate of $685.80 million. ITT had a net margin of 7.02% and a return on equity of 15.40%. The business's revenue was up 10.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.55 EPS. View ITT's Earnings History.

When is ITT's next earnings date?

ITT is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for ITT.

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

ITT issued an update on its FY18 earnings guidance on Friday, August, 3rd. The company provided earnings per share (EPS) guidance of $3.05-3.15 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.09. The company issued revenue guidance of +5-8% to ~$2.71-2.79 billion, compared to the consensus revenue estimate of $2.76 billion.

What price target have analysts set for ITT?

9 brokers have issued 12-month price objectives for ITT's shares. Their forecasts range from $50.00 to $70.00. On average, they anticipate ITT's stock price to reach $62.6667 in the next year. This suggests a possible upside of 2.5% from the stock's current price. View Analyst Price Targets for ITT.

What is the consensus analysts' recommendation for ITT?

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

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).

Who are ITT's key executives?

ITT's management team includes the folowing people:
  • Ms. Denise L. Ramos, CEO, Pres & Director (Age 61)
  • Mr. Thomas M. Scalera, Exec. VP & CFO (Age 46)
  • Mr. Luca Savi, Exec. VP & COO (Age 52)
  • Ms. Mary Elizabeth Gustafsson, Sr. VP, Gen. Counsel & Chief Compliance Officer (Age 58)
  • Ms. Victoria L. Creamer, Sr. VP of HR & Chief HR Officer (Age 48)

Has ITT been receiving favorable news coverage?

Press coverage about ITT stock has been trending somewhat positive recently, according to Accern Sentiment. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. ITT earned a daily sentiment score of 0.09 on Accern's scale. They also gave news stories about the conglomerate an impact score of 46.48 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days. View Recent Headlines for ITT.

Who are ITT's major shareholders?

ITT's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.84%), FMR LLC (7.62%), Janus Henderson Group PLC (3.27%), Macquarie Group Ltd. (3.01%), LSV Asset Management (2.10%) and Paradice Investment Management LLC (2.00%). Company insiders that own ITT stock include Aris C Chicles, Denise L Ramos, Jerahmiel Samson Grafstein, Mary Elizabeth Gustafsson, Steven C Giuliano, Thomas M Scalera and Victoria L Creamer. View Institutional Ownership Trends for ITT.

Which institutional investors are selling ITT stock?

ITT stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Renaissance Technologies LLC, Millennium Management LLC, Russell Investments Group Ltd., Waddell & Reed Financial Inc., Channing Capital Management LLC, Quantum Capital Management and Wedge Capital Management L L P NC. Company insiders that have sold ITT company stock in the last year include Denise L Ramos, Mary Elizabeth Gustafsson, Steven C Giuliano, Thomas M Scalera and Victoria L Creamer. View Insider Buying and Selling for ITT.

Which institutional investors are buying ITT stock?

ITT stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Boston Partners, Canada Pension Plan Investment Board, OppenheimerFunds Inc., Segall Bryant & Hamill LLC, Point72 Asset Management L.P., BlackRock Inc. and Assenagon Asset Management S.A.. 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 $61.12.

How big of a company is ITT?

ITT has a market capitalization of $5.28 billion and generates $2.59 billion in revenue each year. The conglomerate earns $113.50 million in net income (profit) each year or $2.59 on an earnings per share basis. ITT employs 10,000 workers across the globe.

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:  2.2 out of 5 (star star)
Outperform Votes:  280 (Vote Outperform)
Underperform Votes:  352 (Vote Underperform)
Total Votes:  632
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 8/19/2018 by MarketBeat.com Staff

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