ITT Inc [ITT] stock prices are up 1.21% to $127.07 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The ITT shares have gain 11.70% over the last week, with a monthly amount drifted -5.82%, 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.
The stock price of ITT Inc [ITT] has been fluctuating between $105.64 and $161.13 over the past year. Currently, Wall Street analysts expect the stock to reach $165 within the next 12 months. ITT Inc [NYSE: ITT] shares were valued at $127.07 at the most recent close of the market. An investor can expect a potential return of 29.85% based on the average ITT price forecast.
Analyzing the ITT fundamentals
The ITT Inc [NYSE:ITT] reported sales of 3.63B for trailing twelve months, representing a surge of 12.05%. 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 125.57 points at the first support level, and at 124.07 for the second support level. However, for the 1st resistance point, the stock is sitting at 128.75, and for the 2nd resistance point, it is at 130.43.
Ratios To Look Out For
It’s worth pointing out that ITT Inc [NYSE:ITT]’s Current Ratio is 1.40. On the other hand, the Quick Ratio is 0.96, and the Cash Ratio is 0.33. Considering the valuation of this stock, the price to sales ratio is 2.83, the price to book ratio is 3.75 and price to earnings (TTM) ratio is 20.17.
Transactions by insiders
Recent insider trading involved Maurine C Lembesis, Officer, that happened on Mar 10 ’25 when 7322.0 shares were purchased.
