NYSE:ITT - ITT Stock Price, News & Analysis

$54.65
-2.34 (-4.11 %)
(As of 08/25/2019 04:00 PM ET)
Today's Range
$54.54
Now: $54.65
$56.55
50-Day Range
$54.25
MA: $60.93
$65.38
52-Week Range
$44.89
Now: $54.65
$66.88
Volume610,075 shs
Average Volume574,486 shs
Market Capitalization$4.81 billion
P/E Ratio16.92
Dividend Yield1.03%
Beta1.57
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$4.3373 per share
Book Value$22.02 per share

Profitability

Net Income$333.70 million

Miscellaneous

Employees10,000
Market Cap$4.81 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. Shareholders 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 annualized dividend and a yield of 1.08%. 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 announced that its board has approved a stock repurchase program on Saturday, February 17th 2018, which permits the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs 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) announced its quarterly earnings data on Friday, August, 2nd. The conglomerate reported $0.93 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.89 by $0.04. The conglomerate had revenue of $719.90 million for the quarter, compared to analyst estimates of $703.80 million. ITT had a net margin of 10.85% and a return on equity of 16.68%. During the same quarter in the previous year, the business earned $0.82 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, 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 EPS guidance of $3.58-3.68 for the period, compared to the Thomson Reuters consensus earnings per share 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 twelve-month price objectives for ITT's shares. Their forecasts 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 21.7% 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?

News headlines about ITT stock have trended positive on Sunday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. ITT earned a coverage optimism score of 2.5 on InfoTrie's scale. They also assigned news coverage about the conglomerate a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the next few days. View News Stories for ITT.

Are investors shorting ITT?

ITT saw a increase in short interest in July. As of July 31st, there was short interest totalling 1,391,100 shares, an increase of 21.1% from the June 30th total of 1,148,400 shares. Based on an average daily volume of 526,700 shares, the days-to-cover ratio is currently 2.6 days. Approximately 1.6% of the company's shares 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 many different of institutional and retail investors. Top institutional investors 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 Invesco Ltd. (2.54%). 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, Scottrade, Fidelity and Charles Schwab.

What is ITT's stock price today?

One share of ITT stock can currently be purchased for approximately $54.65.

How big of a company is ITT?

ITT has a market capitalization of $4.81 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:  334 (Vote Outperform)
Underperform Votes:  466 (Vote Underperform)
Total Votes:  800
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 8/25/2019 by MarketBeat.com Staff

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