ITT (NYSE:ITT – Get Free Report) updated its first quarter 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.430-1.450 for the period, compared to the consensus estimate of 1.430. The company issued revenue guidance of $913.0 million-, compared to the consensus revenue estimate of $900.4 million.
ITT Price Performance
ITT opened at $125.01 on Thursday. The stock’s 50-day moving average price is $136.83 and its 200 day moving average price is $144.75. ITT has a 12-month low of $105.64 and a 12-month high of $161.13. The company has a current ratio of 1.40, a quick ratio of 0.96 and a debt-to-equity ratio of 0.08. The firm has a market cap of $10.18 billion, a price-to-earnings ratio of 19.84, a PEG ratio of 1.89 and a beta of 1.36.
ITT (NYSE:ITT – Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The conglomerate reported $1.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.48 by $0.02. ITT had a return on equity of 18.03% and a net margin of 14.27%. As a group, sell-side analysts expect that ITT will post 6.51 earnings per share for the current year.
ITT Increases Dividend
Analyst Ratings Changes
ITT has been the subject of a number of recent analyst reports. Stifel Nicolaus lowered their price objective on ITT from $180.00 to $179.00 and set a “buy” rating for the company in a research note on Friday, January 24th. Wolfe Research initiated coverage on ITT in a report on Wednesday, December 11th. They issued a “peer perform” rating on the stock. UBS Group lifted their price objective on ITT from $165.00 to $168.00 and gave the company a “buy” rating in a research report on Friday, February 7th. KeyCorp dropped their price objective on ITT from $170.00 to $150.00 and set an “overweight” rating on the stock in a research note on Tuesday. Finally, Citigroup decreased their price objective on ITT from $183.00 to $181.00 and set a “buy” rating on the stock in a report on Monday, January 13th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $167.43.
ITT Company Profile
ITT Inc, together with its subsidiaries, manufactures and sells engineered critical components and customized technology solutions for the transportation, industrial, and energy markets in the United States and internationally. The Motion Technologies segment manufactures brake pads, shims, shock absorbers, and energy absorption components; and sealing technologies primarily for the transportation industry, including passenger cars, trucks, light- and heavy-duty commercial and military vehicles, buses, and trains.
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