Moran Wealth Management LLC Sells 7,379 Shares of ITT Inc.
| ITT Stock | USD 166.94 2.90 1.77% |
Slightly above 55% of ITT's private investors are presently thinking to get in. The analysis of the overall investor sentiment regarding ITT Inc suggests that some traders are interested. ITT's investing sentiment can be driven by a variety of factors including economic data, ITT's earnings reports, geopolitical events, and overall market trends.
Moran Wealth Management LLC reduced its stake in shares of ITT Inc. by 8.9 percent in the first quarter, HoldingsChannel.com reports. The firm owned 75,504 shares of the conglomerates stock after selling 7,379 shares during the period. Moran Wealth Management LLCs holdings in ITT were worth 9,752,000 as of its most recent
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ITT Fundamental Analysis
We analyze ITT's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ITT using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ITT based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
ITT is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
ITT Inc Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ITT stock to make a market-neutral strategy. Peer analysis of ITT could also be used in its relative valuation, which is a method of valuing ITT by comparing valuation metrics with similar companies.
Peers
ITT Related Equities
| IR | Ingersoll Rand | 4.83 | ||||
| XYL | Xylem | 1.26 | ||||
| WTS | Watts Water | 1.02 | ||||
| FLS | Flowserve | 0.13 | ||||
| IEX | IDEX | 0.55 |
Additional 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.