NYSE:ITT

ITT Stock Forecast, Price & News

$89.87
+0.92 (+1.03 %)
(As of 06/24/2021 01:58 PM ET)
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Today's Range
$88.70
$89.87
50-Day Range
$87.21
$99.74
52-Week Range
$53.98
$101.32
Volume8,522 shs
Average Volume476,973 shs
Market Capitalization$7.74 billion
P/E Ratio106.99
Dividend Yield0.98%
Beta1.58
30 days | 90 days | 365 days | Advanced Chart
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ITT logo

About ITT

ITT Inc. manufactures and sells engineered critical components and customized technology solutions for the energy, transportation, and industrial markets worldwide. The company operates through three segments: Motion Technologies, Industrial Process, and Connect & Control Technologies. 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, light- and heavy-duty commercial and military vehicles, buses, and rail. The Industrial Process segment designs and manufactures industrial pumps, valves, and plant optimization and remote monitoring systems and services; and centrifugal process pumps, twin screws, axials, 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 and defense, industrial, transportation, medical, and oil and gas. This segment's 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 incorporated in 1920 and is headquartered in White Plains, New York.

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MarketRank

Overall MarketRank

1.99 out of 5 stars

Multi-Sector Conglomerates Sector

6th out of 49 stocks

Pumps & Pumping Equipment Industry

2nd out of 8 stocks

Analyst Opinion: 3.4Community Rank: 2.0Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
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ITT (NYSE:ITT) Frequently Asked Questions

Is ITT a buy right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ITT in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ITT stock.
View analyst ratings for ITT
or view top-rated stocks.

What stocks does MarketBeat like better than ITT?

Wall Street analysts have given ITT a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but ITT wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting ITT?

ITT saw a decline in short interest in the month of May. As of May 28th, there was short interest totaling 589,700 shares, a decline of 26.7% from the May 13th total of 804,600 shares. Based on an average daily trading volume, of 518,300 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.7% of the company's shares are sold short.
View ITT's Short Interest
.

When is ITT's next earnings date?

ITT is scheduled to release its next quarterly earnings announcement on Friday, July 30th 2021.
View our earnings forecast for ITT
.

How were ITT's earnings last quarter?

ITT Inc. (NYSE:ITT) released its quarterly earnings data on Friday, May, 7th. The conglomerate reported $1.06 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.87 by $0.19. The conglomerate had revenue of $698.40 million for the quarter, compared to analyst estimates of $660.34 million. ITT had a trailing twelve-month return on equity of 14.48% and a net margin of 2.94%. The business's revenue was up 5.3% on a year-over-year basis. During the same quarter last year, the company posted $0.80 EPS.
View ITT's earnings history
.

How has ITT's stock price been impacted by Coronavirus?

ITT's stock was trading at $47.94 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ITT shares have increased by 85.3% and is now trading at $88.85.
View which stocks have been most impacted by COVID-19
.

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

ITT announced a quarterly dividend on Friday, June 4th. Investors of record on Monday, June 21st will be given a dividend of $0.22 per share on Tuesday, July 6th. This represents a $0.88 annualized dividend and a yield of 0.99%. The ex-dividend date of this dividend is Friday, June 18th.
View ITT's dividend history
.

Is ITT a good dividend stock?

ITT pays an annual dividend of $0.88 per share and currently has a dividend yield of 0.98%. ITT does not yet have a strong track record of dividend growth. The dividend payout ratio of ITT is 27.50%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ITT will have a dividend payout ratio of 19.64% next year. This indicates that ITT will be able to sustain or increase its dividend.
View ITT's dividend history.

How will ITT's stock buyback program work?

ITT declared that its board has authorized a stock buyback program on Friday, November 1st 2019, which authorizes the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 8.8% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

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

ITT issued an update on its FY 2021 earnings guidance on Friday, May, 28th. The company provided earnings per share guidance of 3.800-4.000 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.710. The company issued revenue guidance of $2.68 billion-$2.73 billion, compared to the consensus revenue estimate of $2.65 billion.

What price target have analysts set for ITT?

10 brokerages have issued 1-year target prices for ITT's stock. Their forecasts range from $90.00 to $113.00. On average, they expect ITT's stock price to reach $100.63 in the next twelve months. This suggests a possible upside of 13.3% from the stock's current price.
View analysts' price targets for ITT
or view top-rated stocks among Wall Street analysts.

Who are ITT's key executives?

ITT's management team includes the following people:
  • Mr. Luca Savi, CEO, Pres & Director (Age 55)
  • Mr. Emmanuel Caprais, Sr. VP & CFO (Age 46, Pay $645.55k)
  • Ms. Mary Elizabeth Gustafsson, Sr. VP, Gen. Counsel, Corp. Sec. & Chief Compliance Officer (Age 61)
  • Mr. Ryan F. Flynn, Sr. VP & Pres of Connect and Control Technologies (Age 50, Pay $833.26k)
  • Mr. John Capela, VP & Chief Accounting Officer (Age 41)
  • Mr. Mark Macaluso, VP of Investor Relations
  • Ms. Maurine C. Lembesis, Chief HR Officer & Sr. VP (Age 54)
  • Mr. Carlo Ghirardo, Sr. VP & Pres of Motion Technologies (Age 50)
  • Mr. Davide Barbon, Sr. VP & Pres of Asia Pacific (Age 51)
  • Mr. David Steblein, Sr. VP & Pres of Industrial Process

What is Luca Savi's approval rating as ITT's CEO?

23 employees have rated ITT CEO Luca Savi on Glassdoor.com. Luca Savi has an approval rating of 26% among ITT's employees. This puts Luca Savi in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of ITT's key competitors?

What other stocks do shareholders of ITT own?

What is ITT's stock symbol?

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

Who are ITT's major shareholders?

ITT's stock is owned by many different retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (9.69%), BlackRock Inc. (8.57%), Boston Partners (3.63%), Capital International Investors (2.86%), Ameriprise Financial Inc. (2.27%) and Janus Henderson Group PLC (2.24%). Company insiders that own ITT stock include Farrokh Batliwala, Frank T Macinnis, Mary Elizabeth Gustafsson and Orlando D Ashford.
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 Artemis Investment Management LLP, Arrowstreet Capital Limited Partnership, Millennium Management LLC, Nuveen Asset Management LLC, Prudential Financial Inc., Janus Henderson Group PLC, AQR Capital Management LLC, and Wedge Capital Management L L P NC. Company insiders that have sold ITT company stock in the last year include Mary Elizabeth Gustafsson, and Orlando D Ashford.
View insider buying and selling activity for ITT
or view top insider-selling stocks.

Which major investors are buying ITT stock?

ITT stock was purchased by a variety of institutional investors in the last quarter, including Capital International Investors, BlackRock Inc., Boston Partners, BNP PARIBAS ASSET MANAGEMENT Holding S.A., JPMorgan Chase & Co., FIL Ltd, Goldman Sachs Group Inc., and Mirae Asset Global Investments Co. Ltd..
View insider buying and selling activity for ITT
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is ITT's stock price today?

One share of ITT stock can currently be purchased for approximately $88.85.

How much money does ITT make?

ITT has a market capitalization of $7.65 billion and generates $2.48 billion in revenue each year. The conglomerate earns $72.50 million in net income (profit) each year or $3.20 on an earnings per share basis.

How many employees does ITT have?

ITT employs 9,700 workers across the globe.

Does ITT have any subsidiaries?

The following companies are subsidiares of ITT: AIMCO Industries LLC, AcousticFab LLC, Aliaxis Fluid Systems (Shanghai) Co. Ltd, Axtone, Axtone Bahntechink GmbH, Axtone GmbH, Axtone HSW sp. z.o.o., Axtone S.A., Axtone s.r.o., Blakers Pump Engineers, Bolton Insurance Co., Bolton International RE S.C.A., Bolton International S.C.A., Bombas Bornemann S.R.L., Bombas Goulds S.A., Bombas Goulds de Mexico S. de R.L. de C.V., Bombas Goulds de Venezuela C.A., Bornemann Inc. (Canada), Bornemann S.A. DE C.V., C&I QSF LLC, Canberra Pumps do Brasil, Carbon Industries Inc., Computer & Equipment Leasing Corporation, DITTHA GmbH, Distribuidora Arbos C.A., EP Industries Europe B.V., Electrofilm Manufacturing Company LLC, Enidine Kabashiki Gaisha (Enidine Company Limited (Japan)), EnviroTech LLC, Equipos Hidraulicos S.A., European Pump Services B.V., Godwin Pumps, Goulds Mexico Holdings LLC, Goulds Pumps (IPG) LLC, Goulds Pumps (N.Y.) Inc., Goulds Pumps (NY) Inc. (PERU BRANCH), Goulds Pumps (NY) Inc. (TAIWAN BRANCH), Goulds Pumps (PA) LLC, Goulds Pumps Administration Inc., Goulds Pumps Canada Inc., Goulds Pumps Co. Ltd., Goulds Pumps LLC, Goulds Pumps LLC (GREECE BRANCH), Goulds QSF LLC, Hartzell Aerospace, ITT (China) Investment Co. Ltd., ITT (China) Investment Co. Ltd. (SHANGHAI BRANCH), ITT (Shanghai) Fluid Technology Co. Ltd., ITT Aerospace Controls LLC, ITT Australia Holdings Pty Ltd, ITT Automotive Enterprises Inc., ITT Blakers PTY Ltd, ITT Blakers Unit Trust, ITT Bombas Goulds do Brasil Ltda., ITT Bornemann GmbH, ITT C'treat LLC, ITT Cannon (Hong Kong) LTD, ITT Cannon (Hong Kong) LTD (TAIWAN BRANCH), ITT Cannon Electronics (Shenzhen) Co. Ltd, ITT Cannon GmbH, ITT Cannon GmbH (DENMARK BRANCH), ITT Cannon Korea Ltd., ITT Cannon LLC, ITT Cannon LLC (DUBAI BRANCH), ITT Cannon Ltd., ITT Cannon Mexico Inc., ITT Cannon Veam Italia s.r.l., ITT Cannon de Mexico S.A. de C.V., ITT Community Development Corporation, ITT Control Technologies EMEA GmbH, ITT Corporation India PVT. Ltd., ITT Egypt LLC, ITT Engineered Valves LLC, ITT Enidine Inc., ITT Finance Hong Kong Ltd., ITT Fluid Technology Asia Pte Ltd., ITT Fluid Technology International (Thailand) LTD., ITT Fluid Technology International Inc., ITT Fluid Technology International Inc. (DUBAI BRANCH), ITT Fluid Technology International Inc. (RUSSIAN BRANCH), ITT Fluid Technology S.A., ITT Germany Holdings GmbH, ITT Goulds Pumps Colombia S.A.S., ITT Goulds Pumps Inc., ITT Goulds Pumps Inc. (GREECE BRANCH), ITT High Precision Manufactured Products (Wuxi) Co. Ltd., ITT Holding LLC, ITT Holdings Czech Republic s.r.o., ITT Industries France S.A.S., ITT Industries Global S.a.r.l., ITT Industries Holdings Inc., ITT Industries Holdings Limited, ITT Industries Limited, ITT Industries Luxembourg S.a r.l., ITT Industries Rus LLC, ITT Industries Spain SL, ITT International Holdings Inc., ITT International Luxembourg S.a r.l., ITT Investments Luxembourg S.a.r.l., ITT Iran S.K., ITT Italia s.r.l., ITT Italy Holding Srl, ITT Japan B.V., ITT Korea Holding B.V., ITT LLC, ITT Luxembourg Europe Sarl, ITT Luxembourg Worldwide Sarl, ITT Manufacturing Enterprises LLC, ITT Motion Technologies America LLC, ITT Motion Technologies GmbH, ITT Motion Technologies LLC, ITT Motion Technologies Luxembourg S.a.r.l., ITT Motion Technologies Mexico S. de R.L. de C.V, ITT Netherlands B.V., ITT Rheinhuette Pumps LLC, ITT Rheinhütte Benelux B.V., ITT Rheinhütte Pumpen Austria GmbH, ITT Rheinhütte Pumpen GmbH, ITT Rheinhütte Pumpen do Brasil Industria de Bombas Ltda., ITT Saudi Co., ITT Technical Services S.K., ITT Torque Systems Inc., ITT Water & Wastewater U.S.A. Inc., ITT Water Technology (TX) LLC, InTelCo Management LLC, InTelCo Properties LLC, Industrial Tube Company LLC, Industries QSF LLC, International Motion Control Inc., International Standard Electric Corporation, International Telephone & Telegraph Corp., KONI BV, Kentucky Carbon Corporation, Koni France SARL, Koni NA LLC, LLMZ Kamax, Leland Properties Inc., Matrix Composites Inc, Matrix Composites Inc., Nova Analytics, O.I. Corporation, PT ITT Fluid Technology Indonesia, Qingdao Kamax Buffer Equipment Company Ltd., Rheinhutte Pumps Nordic Filial, Rheinhütte Pumpen Group, Rule Industries LLC, SRA International's Airport Operations Solutions (AOS) group, Shanghai Goulds Pumps Co. Ltd., Standard Electric, Standard Tecknik Services, TDS Corporate Services LLC, Venus Holdco LLC, WAM China Ltd., WC Wolverine Holdings Inc., Wolverine Advanced Materials (Shanghai) Co. Ltd., Wolverine Advanced Materials Asia Limited, Wolverine Advanced Materials GmbH, Wolverine Advanced Materials LLC, Wolverine Advanced Materials LLC (INDIA BRANCH), Wolverine Automotive Holdings Inc., Wolverine Brasil Representacao Ltda., Wolverine Japan KK, Wolverine Press (Changshu) Co. Ltd., Wolverine/Tekno Laminates and Composites Ltda., and YSI Inc.

When was ITT founded?

ITT was founded in 1920.

What is ITT's official website?

The official website for ITT is www.itt.com.

Where are ITT's headquarters?

ITT is headquartered at 1133 WESTCHESTER AVENUE, WHITE PLAINS NY, 10604.

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]


This page was last updated on 6/24/2021 by MarketBeat.com Staff
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