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.
  
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.

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
2012-09-300.390.440.0512 
1997-10-16
1997-09-300.40.450.0512 
2017-02-14
2016-12-310.420.480.0614 
View All Earnings Estimates

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.
Machinery Idea
Machinery
USA 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 Inc2023-12-31
1.2 M
Hhg Plc2023-12-31
1.1 M
Goldman Sachs Group Inc2023-12-31
1.1 M
Nuveen Asset Management, Llc2023-12-31
1.1 M
Boston Partners Global Investors, Inc2023-12-31
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 Corp2023-12-31
866.9 K
Norges Bank2023-12-31
860.8 K
Capital Research & Mgmt Co - Division 32023-12-31
9.4 M
Vanguard Group Inc2023-12-31
8.5 M
Note, although ITT's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

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 ReportedProjected 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 ReportedProjected 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

Execute Study
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.

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.

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 ReportedProjected 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 PriceAdvice# of Analysts
113.0Strong Buy11Odds
ITT Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
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 Analyst Advice Details

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 Flow561.9 M
Long Term Debt5.7 M
Common Stock Shares Outstanding82.7 M
Total Stockholder Equity2.5 B
Tax Provision111.8 M
Quarterly Earnings Growth Y O Y-0.198
Property Plant And Equipment Net648.4 M
Cash And Short Term Investments489.2 M
Cash489.2 M
Accounts Payable437 M
Net Debt-204 M
50 Day M A125.3286
Total Current LiabilitiesB
Other Operating Expenses2.8 B
Non Current Assets Total2.1 B
Forward Price Earnings23.31
Non Currrent Assets Other163.1 M
Stock Based Compensation20.2 M
When determining whether ITT Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ITT Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Itt Inc Stock. Highlighted below are key reports to facilitate an investment decision about Itt Inc Stock:
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.
Commodity Directory
Find actively traded commodities issued by global exchanges
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Transaction History
View history of all your transactions and understand their impact on performance
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.