The price-to-earnings ratio for ITT Inc (NYSE: ITT) is 25.80x, which is above its average ratio. Moreover, the 36-month beta value for ITT is 1.41. Analysts have varying opinions on the stock, with 9 analysts rating it as a “buy,” 1 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for ITT is 80.99M and currently, short sellers hold a 1.49% of that float. On January 20, 2025, ITT’s average trading volume was 373.11K shares.
ITT) stock’s latest price update
The stock price of ITT Inc (NYSE: ITT) has jumped by 1.37 compared to previous close of 149.13. Despite this, the company has seen a gain of 8.71% in its stock price over the last five trading days. zacks.com reported 2025-01-16 that ITT holds the potential to reap benefits driven by strength across its segments. However, cost inflation remains concerning.
ITT’s Market Performance
ITT Inc (ITT) has seen a 8.71% rise in stock performance for the week, with a -0.34% decline in the past month and a 0.59% surge in the past quarter. The volatility ratio for the week is 2.25%, and the volatility levels for the past 30 days are at 2.19% for ITT. The simple moving average for the last 20 days is 5.32% for ITT’s stock, with a simple moving average of 8.43% for the last 200 days.
Analysts’ Opinion of ITT
BofA Securities, on the other hand, stated in their research note that they expect to see ITT reach a price target of $125, previously predicting the price at $105. The rating they have provided for ITT stocks is “Buy” according to the report published on November 16th, 2023.
BofA Securities gave a rating of “Neutral” to ITT, setting the target price at $74 in the report published on July 11th of the previous year.
ITT Trading at 0.94% from the 50-Day Moving Average
After a stumble in the market that brought ITT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.18% of loss for the given period.
Volatility was left at 2.19%, however, over the last 30 days, the volatility rate increased by 2.25%, as shares surge +1.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.02% upper at present.
During the last 5 trading sessions, ITT rose by +8.71%, which changed the moving average for the period of 200-days by +16.13% in comparison to the 20-day moving average, which settled at $143.54. In addition, ITT Inc saw 5.81% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for ITT
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.34 for the gross margin
The net margin for ITT Inc stands at 0.14. The total capital return value is set at 0.17. Equity return is now at value 18.76, with 11.06 for asset returns.
Based on ITT Inc (ITT), the company’s capital structure generated 0.25 points at debt to capital in total, while cash flow to debt ratio is standing at 0.55. The debt to equity ratio resting at 0.34. The interest coverage ratio of the stock is 21.18.
Currently, EBITDA for the company is 639.1 million with net debt to EBITDA at 0.61. When we switch over and look at the enterprise to sales, we see a ratio of 3.62. The receivables turnover for the company is 4.22for trailing twelve months and the total asset turnover is 0.71. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.58.
Conclusion
To wrap up, the performance of ITT Inc (ITT) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
