At the time of writing, ITT Inc [ITT] stock is trading at $122.29, down -2.47%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ITT shares have gain 2.28% over the last week, with a monthly amount drifted -7.61%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, BofA Securities upgraded its rating to Buy on November 16, 2023, and elevated its price target to $125. On July 11, 2022, downgrade downgraded it’s rating to Neutral and revised its price target to $74 on the stock. UBS upgraded its rating to a Buy and decreased its price target to $95 on April 08, 2022. Oppenheimer downgraded its rating to a Perform. BofA Securities upgraded its rating to Buy for this stock on December 08, 2021, and upped its price target to $130. In a note dated June 15, 2021, Citigroup initiated an Buy rating and provided a target price of $113 on this stock.
For the past year, the stock price of ITT Inc fluctuated between $105.64 and $161.13. Currently, Wall Street analysts expect the stock to reach $165 within the next 12 months. ITT Inc [NYSE: ITT] shares were valued at $122.29 at the most recent close of the market. An investor can expect a potential return of 34.93% based on the average ITT price forecast.
Analyzing the ITT fundamentals
According to ITT Inc [NYSE:ITT], the company’s sales were 3.63B for trailing twelve months, which represents an 12.05% jump. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.19 and Total Capital is 0.2. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.15.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 119.29 points at the first support level, and at 116.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 125.21, and for the 2nd resistance point, it is at 128.13.
Ratios To Look Out For
It is important to note that ITT Inc [NYSE:ITT] has a current ratio of 1.40. Further, the Quick Ratio stands at 0.96, while the Cash Ratio is 0.33. Considering the valuation of this stock, the price to sales ratio is 2.74, the price to book ratio is 3.61 and price to earnings (TTM) ratio is 19.41.
Transactions by insiders
Recent insider trading involved Maurine C Lembesis, Officer, that happened on Mar 10 ’25 when 7322.0 shares were purchased.
