Analysts have raised ITT’s price target from $184.42 to $187.08, citing sustained end-market strength, robust order backlog, and increased confidence in operational execution and margin expansion.
Analyst Commentary
- Bullish analysts see continued strength in ITT’s end markets, supporting revenue and earnings growth.
- Upward revisions to sector-wide earnings outlooks have prompted higher price targets.
- Solid sector results in Q2 provided confidence for stronger performance through 2025.
- Momentum in order activity and backlog is expected to underpin near-term growth.
- Increased conviction in operational execution and margin expansion contributed to target hikes.
What's in the News
- ITT Inc. raised its 2025 earnings guidance, now targeting revenue of $3.85 billion (5%-7% growth), organic growth of 3%-5%, operating margin of 17.5%-18.1%, and GAAP EPS of $5.95-$6.15 (8%-11% growth).
- The company repurchased 3,007,441 shares ($400 million) during the recent quarter, completing a total buyback of 6,227,292 shares ($830.52 million) under its buyback program announced in 2023.
- ITT's Svanehoj business secured its first deal to supply flow technology for Ultra Large Ethane Carriers, with deliveries set to begin in early 2026 for a leading European maritime customer.
- ITT will launch VIDAR, a compact, energy-efficient motor with embedded variable speed intelligence for industrial pumps and fans, with formal events showcasing its capabilities.
Valuation Changes
Summary of Valuation Changes for ITT
- The Consensus Analyst Price Target remained effectively unchanged, moving only marginally from $184.42 to $187.08.
- The Future P/E for ITT remained effectively unchanged, moving only marginally from 24.35x to 24.69x.
- The Consensus Revenue Growth forecasts for ITT remained effectively unchanged, at 6.3% per annum.
Disclaimer
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