Itt Inc Stock Analysis
ITT Stock | USD 136.85 0.23 0.17% |
ITT Inc is overvalued with Real Value of 129.24 and Target Price of 113.0. The main objective of ITT stock analysis is to determine its intrinsic value, which is an estimate of what ITT Inc is worth, separate from its market price. There are two main types of ITT's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect ITT's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of ITT's stock to identify patterns and trends that may indicate its future price movements.
The ITT stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. ITT is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. ITT Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and ITT's ongoing operational relationships across important fundamental and technical indicators.
ITT |
ITT Stock Analysis Notes
About 93.0% of the company shares are owned by institutional investors. The book value of ITT was currently reported as 30.79. The company has Price/Earnings To Growth (PEG) ratio of 1.79. ITT Inc last dividend was issued on the 7th of March 2024. The entity had 10000:3316 split on the 1st of November 2011. ITT Inc. manufactures and sells engineered critical components and customized technology solutions for the transportation, industrial, and energy markets worldwide. ITT Inc. was incorporated in 1920 and is headquartered in White Plains, New York. ITT operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 9900 people. To learn more about ITT Inc call Denise Ramos at 914 641 2000 or check out https://www.itt.com.ITT Inc Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. ITT's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding ITT Inc or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
ITT Inc has a strong financial position based on the latest SEC filings | |
Over 93.0% of the company shares are owned by institutional investors | |
Latest headline from investing.com: ITT Corp shares target raised to 155 on growth prospects |
ITT Inc Upcoming and Recent Events
Earnings reports are used by ITT to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to ITT previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
8th of February 2024 Upcoming Quarterly Report | View | |
2nd of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
8th of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
ITT Largest EPS Surprises
Earnings surprises can significantly impact ITT's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2012-11-02 | 2012-09-30 | 0.39 | 0.44 | 0.05 | 12 | ||
1997-10-16 | 1997-09-30 | 0.4 | 0.45 | 0.05 | 12 | ||
2017-02-14 | 2016-12-31 | 0.42 | 0.48 | 0.06 | 14 |
ITT Thematic Classifications
In addition to having ITT stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
MachineryUSA Equities from Machinery industry as classified by Fama & French |
ITT Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as ITT is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ITT Inc backward and forwards among themselves. ITT's institutional investor refers to the entity that pools money to purchase ITT's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Ameriprise Financial Inc | 2023-12-31 | 1.2 M | Hhg Plc | 2023-12-31 | 1.1 M | Goldman Sachs Group Inc | 2023-12-31 | 1.1 M | Nuveen Asset Management, Llc | 2023-12-31 | 1.1 M | Boston Partners Global Investors, Inc | 2023-12-31 | 1.1 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 969.5 K | Amvescap Plc. | 2023-12-31 | 926.4 K | Bank Of New York Mellon Corp | 2023-12-31 | 866.9 K | Norges Bank | 2023-12-31 | 860.8 K | Capital Research & Mgmt Co - Division 3 | 2023-12-31 | 9.4 M | Vanguard Group Inc | 2023-12-31 | 8.5 M |
ITT Market Capitalization
The company currently falls under 'Large-Cap' category with a total capitalization of 11.24 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ITT's market, we take the total number of its shares issued and multiply it by ITT's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.ITT Profitablity
ITT's profitability indicators refer to fundamental financial ratios that showcase ITT's ability to generate income relative to its revenue or operating costs. If, let's say, ITT is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, ITT's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of ITT's profitability requires more research than a typical breakdown of ITT's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.13 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.14 %, which entails that for every 100 dollars of revenue, it generated $0.14 of operating income. Last Reported | Projected for 2024 | ||
Return On Capital Employed | 0.18 | 0.14 | |
Return On Assets | 0.10 | 0.08 | |
Return On Equity | 0.16 | 0.26 |
Management Efficiency
ITT Inc has Return on Asset of 0.0856 % which means that on every $100 spent on assets, it made $0.0856 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1729 %, implying that it generated $0.1729 on every 100 dollars invested. ITT's management efficiency ratios could be used to measure how well ITT manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is likely to gain to 0.26 in 2024, whereas Return On Capital Employed is likely to drop 0.14 in 2024. At this time, ITT's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 7.1 B in 2024, whereas Non Current Liabilities Total is likely to drop slightly above 337.9 M in 2024.Last Reported | Projected for 2024 | ||
Price Book Value Ratio | 3.88 | 4.08 | |
Enterprise Value Multiple | 15.05 | 15.80 | |
Price Fair Value | 3.88 | 4.08 |
The analysis of ITT's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze ITT's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of ITT Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0093 | Forward Dividend Yield 0.0093 | Forward Dividend Rate 1.28 | Beta 1.426 |
Technical Drivers
As of the 28th of March, ITT retains the market risk adjusted performance of 13.76, and Risk Adjusted Performance of 0.1132. ITT technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for ITT Inc, which can be compared to its competitors. Please check out ITT Inc information ratio and downside variance to decide if ITT is priced adequately, providing market reflects its last-minute price of 136.85 per share. Given that ITT Inc has jensen alpha of 0.2589, we strongly advise you to confirm ITT Inc's regular market performance to make sure the company can sustain itself next year.ITT Inc Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. ITT middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for ITT Inc. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
ITT Inc Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific ITT insiders, such as employees or executives, is commonly permitted as long as it does not rely on ITT's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases ITT insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
De Mesa Graziano Cheryl over three weeks ago Disposition of 269 shares by De Mesa Graziano Cheryl of ITT at 128.2 subject to Rule 16b-3 | ||
Cheryl Shavers over six months ago Acquisition by Cheryl Shavers of 1704 shares of ITT subject to Rule 16b-3 | ||
Sabrina Soussan over six months ago Payment of 315 shares by Sabrina Soussan of ITT subject to Rule 16b-3 |
ITT Predictive Daily Indicators
ITT intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ITT stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Accumulation Distribution | 7160.06 | |||
Daily Balance Of Power | (0.11) | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 136.78 | |||
Day Typical Price | 136.8 | |||
Price Action Indicator | (0.04) | |||
Period Momentum Indicator | (0.23) |
ITT Corporate Filings
F4 | 6th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F3 | 27th of February 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
13A | 13th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
10K | 12th of February 2024 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
13A | 9th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 8th of February 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 25th of January 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
8K | 22nd of January 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
ITT Forecast Models
ITT's time-series forecasting models are one of many ITT's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary ITT's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About ITT Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how ITT prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling ITT shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as ITT. By using and applying ITT Stock analysis, traders can create a robust methodology for identifying ITT entry and exit points for their positions.
Last Reported | Projected for 2024 | ||
Pretax Profit Margin | 0.16 | 0.17 | |
Operating Profit Margin | 0.16 | 0.17 | |
Net Profit Margin | 0.13 | 0.06 | |
Gross Profit Margin | 0.34 | 0.24 |
Current ITT Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. ITT analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. ITT analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
113.0 | Strong Buy | 11 | Odds |
Most ITT analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand ITT stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of ITT Inc, talking to its executives and customers, or listening to ITT conference calls.
ITT Stock Analysis Indicators
ITT Inc stock analysis indicators help investors evaluate how ITT stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading ITT shares will generate the highest return on investment. By understating and applying ITT stock analysis, traders can identify ITT position entry and exit signals to maximize returns.
Begin Period Cash Flow | 561.9 M | |
Long Term Debt | 5.7 M | |
Common Stock Shares Outstanding | 82.7 M | |
Total Stockholder Equity | 2.5 B | |
Tax Provision | 111.8 M | |
Quarterly Earnings Growth Y O Y | -0.198 | |
Property Plant And Equipment Net | 648.4 M | |
Cash And Short Term Investments | 489.2 M | |
Cash | 489.2 M | |
Accounts Payable | 437 M | |
Net Debt | -204 M | |
50 Day M A | 125.3286 | |
Total Current Liabilities | 1 B | |
Other Operating Expenses | 2.8 B | |
Non Current Assets Total | 2.1 B | |
Forward Price Earnings | 23.31 | |
Non Currrent Assets Other | 163.1 M | |
Stock Based Compensation | 20.2 M |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ITT Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for ITT Stock analysis
When running ITT's price analysis, check to measure ITT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ITT is operating at the current time. Most of ITT's value examination focuses on studying past and present price action to predict the probability of ITT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ITT's price. Additionally, you may evaluate how the addition of ITT to your portfolios can decrease your overall portfolio volatility.
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Is ITT's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ITT. If investors know ITT will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ITT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.20) | Dividend Share 1.16 | Earnings Share 4.97 | Revenue Per Share 39.891 | Quarterly Revenue Growth 0.07 |
The market value of ITT Inc is measured differently than its book value, which is the value of ITT that is recorded on the company's balance sheet. Investors also form their own opinion of ITT's value that differs from its market value or its book value, called intrinsic value, which is ITT's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ITT's market value can be influenced by many factors that don't directly affect ITT's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ITT's value and its price as these two are different measures arrived at by different means. Investors typically determine if ITT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ITT's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.