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ITT

ITTNYSE:ITT Stock Report

Last Price

US$99.55

Market Cap

US$8.5b

7D

0.6%

1Y

23.0%

Updated

17 Jan, 2022

Data

Company Financials +
ITT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance3/6
Financial Health5/6
Dividends2/6

ITT Stock Overview

ITT Inc. manufactures and sells engineered critical components and customized technology solutions for the energy, transportation, and industrial markets worldwide.

ITT Competitors

Dover

NYSE:DOV

US$25.7b

Xylem

NYSE:XYL

US$20.1b

IDEX

NYSE:IEX

US$16.8b

Nordson

NasdaqGS:NDSN

US$13.9b

Price History & Performance

Summary of all time highs, changes and price drops for ITT
Historical stock prices
Current Share PriceUS$99.55
52 Week HighUS$105.54
52 Week LowUS$74.56
Beta1.58
1 Month Change1.81%
3 Month Change7.02%
1 Year Change22.98%
3 Year Change87.09%
5 Year Change141.98%
Change since IPO66.26%

Recent News & Updates

Jan 11

ITT Inc.: Big Near-Term Price Gain Opportunity

These companies make systems which work under difficult, variable conditions. Effective, reliable, detailed engineering specifications are usually required. They’re birds of a feather: Specialty Industrial Machinery. Sophisticated investors recognize the type, frequently also following stocks common to the mechanical-electronic profile of their primary-interest investment. But not usually widely known or favored by easy-to-understand media types or public investors, hence with limited promotional drum-beating presence. Instead, they’re followed by experienced, institutionally-employed analysts with sophisticated senses of coming profitability in advance of the “crowd” (we hope).

Dec 26
These 4 Measures Indicate That ITT (NYSE:ITT) Is Using Debt Reasonably Well

These 4 Measures Indicate That ITT (NYSE:ITT) Is Using Debt Reasonably Well

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...

Nov 28
Is There Now An Opportunity In ITT Inc. (NYSE:ITT)?

Is There Now An Opportunity In ITT Inc. (NYSE:ITT)?

While ITT Inc. ( NYSE:ITT ) might not be the most widely known stock at the moment, it saw a double-digit share price...

Shareholder Returns

ITTUS MachineryUS Market
7D0.6%1.0%-0.3%
1Y23.0%11.9%13.7%

Return vs Industry: ITT exceeded the US Machinery industry which returned 11.9% over the past year.

Return vs Market: ITT exceeded the US Market which returned 13.7% over the past year.

Price Volatility

Is ITT's price volatile compared to industry and market?
ITT volatility
ITT Average Weekly Movement3.6%
Machinery Industry Average Movement4.9%
Market Average Movement6.6%
10% most volatile stocks in US Market15.9%
10% least volatile stocks in US Market2.4%

Stable Share Price: ITT is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: ITT's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19209,700Luca Savihttps://www.itt.com

ITT Inc. manufactures and sells engineered critical components and customized technology solutions for the energy, transportation, and industrial markets worldwide. The company operates through three segments: Motion Technologies, Industrial Process, and Connect & Control Technologies. 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, light- and heavy-duty commercial and military vehicles, buses, and rail.

ITT Fundamentals Summary

How do ITT's earnings and revenue compare to its market cap?
ITT fundamental statistics
Market CapUS$8.52b
Earnings (TTM)US$198.20m
Revenue (TTM)US$2.79b

43.0x

P/E Ratio

3.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ITT income statement (TTM)
RevenueUS$2.79b
Cost of RevenueUS$1.89b
Gross ProfitUS$894.20m
ExpensesUS$696.00m
EarningsUS$198.20m

Last Reported Earnings

Oct 02, 2021

Next Earnings Date

n/a

Earnings per share (EPS)2.32
Gross Margin32.07%
Net Profit Margin7.11%
Debt/Equity Ratio9.8%

How did ITT perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

36%

Payout Ratio

Valuation

Is ITT undervalued compared to its fair value and its price relative to the market?

20.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ITT ($99.55) is trading below our estimate of fair value ($125.61)

Significantly Below Fair Value: ITT is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ITT is poor value based on its PE Ratio (43x) compared to the US Machinery industry average (29.3x).

PE vs Market: ITT is poor value based on its PE Ratio (43x) compared to the US market (17.4x).


Price to Earnings Growth Ratio

PEG Ratio: ITT is poor value based on its PEG Ratio (2.5x)


Price to Book Ratio

PB vs Industry: ITT is overvalued based on its PB Ratio (4x) compared to the US Machinery industry average (2.8x).


Future Growth

How is ITT forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

17.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ITT's forecast earnings growth (17.3% per year) is above the savings rate (2%).

Earnings vs Market: ITT's earnings (17.3% per year) are forecast to grow faster than the US market (13% per year).

High Growth Earnings: ITT's earnings are forecast to grow, but not significantly.

Revenue vs Market: ITT's revenue (6.5% per year) is forecast to grow slower than the US market (9.3% per year).

High Growth Revenue: ITT's revenue (6.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ITT's Return on Equity is forecast to be low in 3 years time (18.8%).


Past Performance

How has ITT performed over the past 5 years?

-2.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ITT has a large one-off gain of $121.5M impacting its October 2 2021 financial results.

Growing Profit Margin: ITT's current net profit margins (7.1%) are higher than last year (5.8%).


Past Earnings Growth Analysis

Earnings Trend: ITT's earnings have declined by 2.7% per year over the past 5 years.

Accelerating Growth: ITT's earnings growth over the past year (38%) exceeds its 5-year average (-2.7% per year).

Earnings vs Industry: ITT earnings growth over the past year (38%) exceeded the Machinery industry 34.4%.


Return on Equity

High ROE: ITT's Return on Equity (9.3%) is considered low.


Financial Health

How is ITT's financial position?


Financial Position Analysis

Short Term Liabilities: ITT's short term assets ($1.6B) exceed its short term liabilities ($899.2M).

Long Term Liabilities: ITT's short term assets ($1.6B) exceed its long term liabilities ($410.0M).


Debt to Equity History and Analysis

Debt Level: ITT has more cash than its total debt.

Reducing Debt: ITT's debt to equity ratio has reduced from 17.2% to 9.8% over the past 5 years.

Debt Coverage: ITT's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: ITT earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is ITT current dividend yield, its reliability and sustainability?

0.88%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ITT's dividend (0.88%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.32%).

High Dividend: ITT's dividend (0.88%) is low compared to the top 25% of dividend payers in the US market (3.44%).


Stability and Growth of Payments

Stable Dividend: ITT's dividend payments have been volatile in the past 10 years.

Growing Dividend: ITT's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (36%), ITT's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ITT's dividends in 3 years are forecast to be well covered by earnings (19.9% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.0yrs

Average management tenure


CEO

Luca Savi (55 yo)

3.42yrs

Tenure

US$6,625,380

Compensation

Mr. Luca Savi serves as a Director at MSA Safety Incorporated since June 2021. He serves as a Director and Chief Executive officer of ITT Inc since January 1, 2019 and serves as its President since August...


CEO Compensation Analysis

Compensation vs Market: Luca's total compensation ($USD6.63M) is about average for companies of similar size in the US market ($USD6.40M).

Compensation vs Earnings: Luca's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ITT's management team is considered experienced (3 years average tenure).


Board Members

Experienced Board: ITT's board of directors are considered experienced (6.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ITT insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

ITT Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: ITT Inc.
  • Ticker: ITT
  • Exchange: NYSE
  • Founded: 1920
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Implied Market Cap: US$8.521b
  • Shares outstanding: 85.60m
  • Website: https://www.itt.com

Number of Employees


Location

  • ITT Inc.
  • 1133 Westchester Avenue
  • White Plains
  • New York
  • 10604
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/17 23:26
End of Day Share Price2022/01/14 00:00
Earnings2021/10/02
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.