NYSE:ITT - ITT Stock Price, News & Analysis

$61.03
-0.19 (-0.31 %)
(As of 09/19/2019 01:24 PM ET)
Today's Range
$60.70
Now: $61.03
$61.53
50-Day Range
$54.25
MA: $57.89
$63.16
52-Week Range
$44.89
Now: $61.03
$66.88
Volume7,807 shs
Average Volume485,918 shs
Market Capitalization$5.37 billion
P/E Ratio18.87
Dividend Yield0.95%
Beta1.6
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. Read More…

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$4.4547 per share
Book Value$20.83 per share

Profitability

Net Income$333.70 million

Miscellaneous

Employees10,000
Market Cap$5.37 billion
Next Earnings Date11/1/2019 (Estimated)
OptionableOptionable

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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 Wednesday, August 7th. Stockholders of record on Tuesday, September 10th will be paid a dividend of $0.147 per share on Tuesday, October 1st. This represents a $0.59 dividend on an annualized basis and a dividend yield of 0.96%. The ex-dividend date of this dividend is Monday, September 9th. View ITT's Dividend History.

How will ITT's stock buyback program work?

ITT declared that its Board of Directors has approved a share repurchase 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 purchase shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its stock is undervalued.

How were ITT's earnings last quarter?

ITT Inc (NYSE:ITT) announced its earnings results on Friday, August, 2nd. The conglomerate reported $0.93 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.89 by $0.04. The conglomerate earned $719.90 million during the quarter, compared to analysts' expectations of $703.80 million. ITT had a net margin of 10.85% and a return on equity of 16.68%. During the same quarter last year, the business posted $0.82 earnings per share. View ITT's Earnings History.

When is ITT's next earnings date?

ITT is scheduled to release their next quarterly earnings announcement on Friday, November 1st 2019. View Earnings Estimates for ITT.

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

ITT updated its FY19 earnings guidance on Friday, August, 2nd. The company provided earnings per share (EPS) guidance of $3.58-3.68 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.61. The company issued revenue guidance of +3-5% yr/yr to ~$2.83-2.88 billion, compared to the consensus revenue estimate of $2.85 billion.

What price target have analysts set for ITT?

5 analysts have issued 12 month price objectives for ITT's shares. Their predictions range from $60.00 to $72.00. On average, they expect ITT's share price to reach $66.50 in the next twelve months. This suggests a possible upside of 9.1% from the stock's current price. View Analyst Price Targets for ITT.

What is the consensus analysts' recommendation for ITT?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ITT in the last year. There are currently 1 hold rating and 4 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 coverage about ITT stock has been trending negative this week, InfoTrie Sentiment reports. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. ITT earned a news sentiment score of -2.9 on InfoTrie's scale. They also assigned press coverage about the conglomerate a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for ITT.

Are investors shorting ITT?

ITT saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 1,797,200 shares, an increase of 29.2% from the July 31st total of 1,391,100 shares. Based on an average daily trading volume, of 519,300 shares, the short-interest ratio is presently 3.5 days. Approximately 2.1% of the shares of the company are short sold. View ITT's Current Options Chain.

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 variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.97%), BlackRock Inc. (9.07%), BlackRock Inc. (9.07%), Janus Henderson Group PLC (4.07%), Janus Henderson Group PLC (4.06%) and Boston Partners (3.00%). 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 Paradice Investment Management LLC, BNP Paribas Arbitrage SA, Cibc World Markets Corp, JPMorgan Chase & Co., Allianz Asset Management GmbH, Alberta Investment Management Corp, TimesSquare Capital Management LLC and Trexquant Investment LP. 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 Nuveen Asset Management LLC, Invesco Ltd., Carlson Capital L P, AQR Capital Management LLC, Janus Henderson Group PLC, Janus Henderson Group PLC, Natixis and Natixis. 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, Robinhood, Fidelity and Charles Schwab.

What is ITT's stock price today?

One share of ITT stock can currently be purchased for approximately $60.96.

How big of a company is ITT?

ITT has a market capitalization of $5.36 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.View Additional Information About ITT.

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:  339 (Thanks for Voting!)
Underperform Votes:  475 (Thanks for Voting!)
Total Votes:  814
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 9/19/2019 by MarketBeat.com Staff

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