ITT Inc. which can be found using ticker (ITT) have now 9 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $161.00 and $150.00 with the average target price sitting at $155.44. Now with the previous closing price of $135.38 this is indicating there is a potential upside of 14.8%. Also worth taking note is the 50 day moving average now sits at $132.87 while the 200 day moving average is $125.58. The total market capitalization for the company now stands at 11.10B. The price for the stock stands currently at: $135.91 USD
The potential market cap would be $12,748,696,517 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 25.89, revenue per share of $42.24 and a 8.6% 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.
