ITT Inc. – Consensus ‘strong_buy’ rating and 19.3% Upside Potential

Broker Ratings
[shareaholic app="share_buttons" id_name="post_below_content"]

ITT Inc. with ticker code (ITT) now have 10 confirmed analysts covering the stock with the consensus suggesting a rating of ‘strong_buy’. The target price High/Low ranges between $183.00 and $158.00 calculating the mean target price we have $170.40. Given that the stocks previous close was at $142.88 and the analysts are correct then there would likely be a percentage uptick in value of 19.3%. It’s also worth noting that there is a 50 day moving average of $149.65 while the 200 day moving average is $138.91. The market capitalization for the company is 11.56B. The price for the stock stands currently at: $141.82 USD

The potential market cap would be $13,784,570,932 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 24.2, revenue per share of $43.10 and a 8.5% return on assets.

ITT Inc. is a manufacturer of engineered critical components and customized technology solutions for the transportation, industrial and energy markets. The Company operates through three segments: Motion Technologies (MT), Industrial Process (IP), and Connect & Control Technologies (CCT). The MT segment is a manufacturer of brake pads, shims, shock absorbers, energy absorption components, and sealing technologies primarily for the transportation industry, including passenger cars and trucks, light- and heavy-duty commercial and military vehicles, buses, and rail. The IP segment is an original equipment manufacturer (OEM) and an aftermarket parts and service provider offering portfolio of industrial pumps, valves, and plant optimization and remote monitoring systems and services. The CCT segment designs and manufactures a range of engineered connectors and specialized products for various markets, including aerospace and defense, industrial, transportation, medical, and oil and gas.

Twitter
LinkedIn
Facebook
Email
Reddit
Telegram
WhatsApp
Pocket
Find more news, interviews, share price & company profile here for:

      Search

      Search