Currently, there are 81.50M common shares owned by the public and among those 80.99M shares have been available to trade.
The company’s stock has a 5-day price change of 8.71% and 0.59% over the past three months. ITT shares are trading 5.81% year to date (YTD), with the 12-month market performance up to 28.70% higher. It has a 12-month low price of $116.70 and touched a high of $161.13 over the same period. ITT has an average intraday trading volume of 373.11K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 5.32%, 0.94%, and 8.43% respectively.
Institutional ownership of ITT Inc (NYSE: ITT) shares accounts for 91.24% of the company’s 81.50M shares outstanding.
It has a market capitalization of $12.32B and a beta (3y monthly) value of 1.41. The stock’s trailing 12-month PE ratio is 25.80, while the earnings-per-share (ttm) stands at $5.86. The company has a PEG of 2.01 and a Quick Ratio of 1.09 with the debt-to-equity ratio at 0.34. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.25% over the week and 2.19% over the month.
Earnings per share for the fiscal year are expected to increase by 12.07%, and 11.61% over the next financial year. EPS should grow at an annualized rate of 12.86% over the next five years, compared to 5.70% over the past 5-year period.
BofA Securities coverage for the ITT Inc (ITT) stock in a research note released on November 16, 2023 offered a Buy rating with a price target of $125. BofA Securities was of a view on July 11, 2022 that the stock is Neutral, while UBS gave the stock Buy rating on April 08, 2022, issuing a price target of $107- $95. Oppenheimer on their part issued Perform rating on March 28, 2022.
