Latest news with #ITTInc
Yahoo
3 days ago
- Business
- Yahoo
Why ITT Inc. (NYSE:ITT) Could Be Worth Watching
Today we're going to take a look at the well-established ITT Inc. (NYSE:ITT). The company's stock saw a significant share price rise of 34% in the past couple of months on the NYSE. The company is inching closer to its yearly highs following the recent share price climb. As a large-cap stock with high coverage by analysts, you could assume any recent changes in the company's outlook is already priced into the stock. But what if there is still an opportunity to buy? Let's take a look at ITT's outlook and value based on the most recent financial data to see if the opportunity still exists. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. According to our valuation model, ITT seems to be fairly priced at around 13% below our intrinsic value, which means if you buy ITT today, you'd be paying a reasonable price for it. And if you believe the company's true value is $172.18, then there's not much of an upside to gain from mispricing. So, is there another chance to buy low in the future? Given that ITT's share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us an opportunity to buy later on. This is based on its high beta, which is a good indicator for share price volatility. View our latest analysis for ITT Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. With profit expected to grow by a double-digit 18% over the next couple of years, the outlook is positive for ITT. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation. Are you a shareholder? It seems like the market has already priced in ITT's positive outlook, with shares trading around its fair value. However, there are also other important factors which we haven't considered today, such as the track record of its management team. Have these factors changed since the last time you looked at the stock? Will you have enough conviction to buy should the price fluctuates below the true value? Are you a potential investor? If you've been keeping tabs on ITT, now may not be the most optimal time to buy, given it is trading around its fair value. However, the optimistic prospect is encouraging for the company, which means it's worth diving deeper into other factors such as the strength of its balance sheet, in order to take advantage of the next price drop. Since timing is quite important when it comes to individual stock picking, it's worth taking a look at what those latest analysts forecasts are. Luckily, you can check out what analysts are forecasting by clicking here. If you are no longer interested in ITT, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
7 days ago
- Business
- Yahoo
Here's Why Investors Should Retain ITT Stock in Portfolio Now
ITT Inc. ITT has been benefiting from strength in the short-cycle business within the energy and industrial markets. Growth in demand for parts, services and valves is aiding the Industrial Process segment. Growth in component and connector sales within the defense and industrial markets is supporting the Connect and Control Technologies demand for the company's brake components and specialized sealing solutions, shock absorbers and damping technologies in the OEM and rail transportation markets is likely to drive the Motion Technologies segment's performance in the quarters ahead. For 2025, the company expects its organic sales to increase 3-5% from the year-ago company intends to strengthen and expand its businesses through acquisitions. In September 2024, ITT acquired kSARIA Parent, Inc. The acquisition will enhance its portfolio of connectivity solutions for the defense and aerospace end markets, technological capabilities and market reach, thereby driving growth and operational in January 2024, it acquired Svanehøj for approximately $395 million. The inclusion of Svanehøj's portfolio of highly engineered flow solutions expanded its customer offerings and boosted its position in the marine pumps industry. Acquisitions contributed 6.3% to the company's sales in first-quarter remains committed to increasing shareholders' value through dividend payments and share repurchases. For instance, during the first three months of 2025, the company paid out dividends of $28.7 million and repurchased shares worth $100 million. Also, in 2024, dividend payments totaled $104.7 million and share repurchases were $104.5 million. The quarterly dividend rate was hiked by 10% in February 2025. Image Source: Zacks Investment Research In the past year, this Zacks Rank #3 (Hold) company has gained 10.5% compared with the industry's 7.7% the company has been subject to high operating costs and expenses over time. For instance, in 2024, its cost of sales recorded a year-over-year increase of 9.6% due to rising raw material and labor costs. Also, the company's sales and marketing expenses rose 18.2% year over year in the same period due to increasing personnel and other sales-related costs. The trend continued in first-quarter 2025, with the sales and marketing expenses rising 6.2% and general and administrative expenses increasing 19.3% year over its substantial international operations, foreign-currency woes are also likely to hurt its top line in the quarters ahead. For instance, in the first quarter, foreign currency translation reduced revenues by $16 million. Some better-ranked stocks from the same space are presented Inc. ATR presently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks delivered a trailing four-quarter average earnings surprise of 7.3%. In the past 60 days, the consensus estimate for AptarGroup's 2025 earnings has increased 5.4%.Federal Signal Corporation FSS currently carries a Zacks Rank #2 (Buy). FSS delivered a trailing four-quarter average earnings surprise of 6.4%. In the past 60 days, the Zacks Consensus Estimate for Federal Signal's 2025 earnings has increased 1.6%.Unifirst Corporation UNF currently carries a Zacks Rank of 2. UNF delivered a trailing four-quarter average earnings surprise of 12.3%. In the past 60 days, the consensus estimate for Unifirst's fiscal 2025 (ending August 2025) earnings has increased 4.1%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ITT Inc. (ITT) : Free Stock Analysis Report Unifirst Corporation (UNF) : Free Stock Analysis Report AptarGroup, Inc. (ATR) : Free Stock Analysis Report Federal Signal Corporation (FSS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-05-2025
- Business
- Yahoo
ITT Inc. (NYSE:ITT) Is A 'Quiet' Company That Just Goes Up, Says Jim Cramer
We recently published a list of Jim Cramer Reveals 'Quiet' Stock That Goes Up In This List Of 12 Stocks. In this article, we are going to take a look at where ITT Inc. (NYSE:ITT) stands against other stocks that Jim Cramer recently discussed. In a recent appearance on CNBC's Squawk on the Street, Jim Cramer commented on the recent downgrade of US credit. In a surprising development that led markets to end flat during the day, ratings agency Moody's downgraded America's perfect credit rating from the highest rating of AAA to AA+. Mentioning the development, Cramer said: "No we gotta go back to when there was a surprise. Of course when we saw S&P downgrade our. . .debt Triple A to AA+. And that was, you know we got hit pretty badly, down 6.6% in August 5th of 2011. But then we had, we had Fitch downgrade us. And that was not that bad. That was a down 1.38, when. . .And David, what's happening, that didn't happen then, was that is an alternative, the money keeps going to these European stocks. And it's rather amazing because when you look at dollar denominated, you. . .Germany and Spain up 30%!" The CNBC host also linked the lack of faith in US debt with younger generations relying on Bitcoin. He outlined: "Well, I think that Bitcoin is where, I was doing a bottle signing for my wife. . . .younger people, they don't wanna talk about stocks. They just talk about how, what a mess this debt is. So we're buying crypto. And one of them said really interesting, which was like, the President is no longer as focused on the market. President's focused on Bitcoin. Now, I think that there have been a series of articles about the President and Bitcoin. Not that complementary. But, it does point out to the fact that he sees more than. . ." To make our list of the stocks that Jim Cramer talked about, we listed down the stocks he mentioned during CNBC's Squawk on the Street aired on May 19th. For these stocks, we also mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Number of Hedge Fund Holders In Q4 2024: 36 ITT Inc. (NYSE:ITT) is a mid-sized American industrial firm that makes and sells pumps, valves, shock absorbers, brake pads, and other items used in the automotive, industrial and energy industries. The stock is up by 7.9% year-to-date, on the back of strong performance around the days of its latest earnings report. Cramer called ITT Inc. (NYSE:ITT) a "quiet" stock that consistently performs. Here are his complete thoughts: "I just think that, one of the things that people have to recognize is these quiet companies which go up and go up and go up. Because they're plumbing and they're like piping and they're, you know these just generic companies that are so good that are doing so much better than the ones that we hear about and think about. So I'm trying to emphasize those." Overall, ITT ranks 8th on our list of stocks that Jim Cramer recently discussed. While we acknowledge the potential of ITT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than ITT but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
20-05-2025
- Business
- CNBC
ITT Inc CEO Luca Savi goes one-on-one with Jim Cramer
ITT Inc CEO Luca Savi goes one-on-one with Jim Cramer ITT Inc CEO Luca Savi joins 'Mad Money' host Jim Cramer to discuss the company's workforce, global operations, reducing energy consumption and more.
Business Wire
05-05-2025
- Automotive
- Business Wire
ITT Announces Participation at 18 th Annual Wolfe Research Global Transportation & Industrials Conference on May 22
STAMFORD, Conn.--(BUSINESS WIRE)--May 5, 2025-- ITT Inc. (NYSE: ITT) today announced its participation at the 18th Annual Wolfe Research Global Transportation & Industrials Conference on May 22 in New York. Chief Executive Officer and President Luca Savi will present from 8-8:30 a.m. ET. A live audio webcast of the presentation can be accessed at Replays of the presentation will be available for 30 days. About ITT ITT is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the transportation, industrial, and energy markets. Building on its heritage of innovation, ITT partners with its customers to deliver enduring solutions to the key industries that underpin our modern way of life. ITT is headquartered in Stamford, Connecticut, with employees in more than 35 countries and sales in approximately 125 countries. For more information, visit ITT-E
