A share price of ITT Inc [ITT] is currently trading at $169.96, up 6.48%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ITT shares have gain 6.91% over the last week, with a monthly amount glided 7.19%, and 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.
ITT Inc experienced fluctuations in its stock price throughout the past year between $105.64 and $163.55. Currently, Wall Street analysts expect the stock to reach $132.6 within the next 12 months. ITT Inc [NYSE: ITT] shares were valued at $169.96 at the most recent close of the market. An investor can expect a potential drop of -21.98% based on the average ITT price forecast.
Analyzing the ITT fundamentals
Trailing Twelve Months sales for ITT Inc [NYSE:ITT] were 3.70B which represents 7.34% growth. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at 0.19%, 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 0.1, Equity is 0.19 and Total Capital is 0.19. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.18.
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 161.70 points at the first support level, and at 153.43 for the second support level. However, for the 1st resistance point, the stock is sitting at 174.19, and for the 2nd resistance point, it is at 178.42.
Ratios To Look Out For
To put it in perspective, the Current Ratio for ITT Inc [NYSE:ITT] is 1.45. In addition, the Quick Ratio stands at 0.99 and the Cash Ratio stands at 0.33. Considering the valuation of this stock, the price to sales ratio is 3.62, the price to book ratio is 5.19 and price to earnings (TTM) ratio is 26.72.
Transactions by insiders
Recent insider trading involved Maurine C Lembesis, Officer, that happened on Mar 10 ’25 when 7322.0 shares were purchased.
