Itt Inc Stock Performance
| ITT Stock | USD 129.54 3.79 3.01% |
ITT has a performance score of 7 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 1.41, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ITT will likely underperform. ITT Inc presently retains a risk of 1.5%. Please check out ITT downside variance, as well as the relationship between the daily balance of power and relative strength index , to decide if ITT will be following its current trending patterns.
Risk-Adjusted Performance
7 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in ITT Inc are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak basic indicators, ITT may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
Actual Historical Performance (%)
One Day Return 2.95 | Five Day Return 2.76 | Year To Date Return 10.72 | Ten Year Return 196.04 | All Time Return 6.1 K |
Forward Dividend Yield 0.0101 | Payout Ratio 0.2282 | Last Split Factor 10000:3316 | Forward Dividend Rate 1.28 | Dividend Date 2024-04-01 |
1 | ITT to Provide Highly Engineered Pump Systems and Aftermarket Services | 02/05/2024 |
2 | ITT Inc Is the Top Stock in the Specialty Industrial Machinery Industry - InvestorsObserver | 02/12/2024 |
3 | Disposition of 269 shares by De Mesa Graziano Cheryl of ITT at 128.2 subject to Rule 16b-3 | 03/04/2024 |
4 | ITT Inc. Given Average Recommendation of Buy by Analysts - Defense World | 03/11/2024 |
5 | ITT to Invest 11M for Pump Testing Capabilities Enhancement - Yahoo Finance | 03/25/2024 |
6 | A Look At The Intrinsic Value Of ITT Inc. | 03/28/2024 |
| ITT dividend paid on 1st of April 2024 | 04/01/2024 |
7 | ITT Nominates Christopher OShea for Election to Board of Directors | 04/02/2024 |
8 | Do ITTs Earnings Warrant Your Attention | 04/03/2024 |
9 | ITT From SME, to Conglomerate, to Specialization -April 08, 2024 at 0534 am EDT - Marketscreener.com | 04/08/2024 |
10 | ITT to Release First Quarter 2024 Results on Thursday, May 2 | 04/11/2024 |
11 | Heres Why ITT is a Strong Momentum Stock | 04/15/2024 |
12 | ITT Announces Participation in Oppenheimers 19th Annual Industrial Growth Conference | 04/16/2024 |
13 | GE Aerospace Gears Up for Q1 Earnings What to Expect | 04/18/2024 |
| Begin Period Cash Flow | 561.9 M |
ITT |
ITT Relative Risk vs. Return Landscape
If you would invest 11,893 in ITT Inc on January 24, 2024 and sell it today you would earn a total of 1,061 from holding ITT Inc or generate 8.92% return on investment over 90 days. ITT Inc is generating 0.1468% of daily returns assuming volatility of 1.4989% on return distribution over 90 days investment horizon. In other words, 13% of stocks are less volatile than ITT, and above 98% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
ITT Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ITT's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ITT Inc, and traders can use it to determine the average amount a ITT's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0979
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | ITT | High Risk | Huge Risk |
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Estimated Market Risk
| 1.5 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average ITT is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ITT by adding it to a well-diversified portfolio.
ITT Fundamentals Growth
ITT Stock prices reflect investors' perceptions of the future prospects and financial health of ITT, and ITT fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ITT Stock performance.
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.0856 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | 0.14 % | ||||
| Current Valuation | 10.13 B | ||||
| Shares Outstanding | 82.26 M | ||||
| Price To Earning | 102.40 X | ||||
| Price To Book | 4.19 X | ||||
| Price To Sales | 3.23 X | ||||
| Revenue | 3.28 B | ||||
| Gross Profit | 922.3 M | ||||
| EBITDA | 639 M | ||||
| Net Income | 411.4 M | ||||
| Cash And Equivalents | 561.2 M | ||||
| Cash Per Share | 6.36 X | ||||
| Total Debt | 285.2 M | ||||
| Debt To Equity | 0.32 % | ||||
| Current Ratio | 1.36 X | ||||
| Book Value Per Share | 30.79 X | ||||
| Cash Flow From Operations | 537.7 M | ||||
| Earnings Per Share | 4.97 X | ||||
| Market Capitalization | 10.34 B | ||||
| Total Asset | 3.93 B | ||||
| Retained Earnings | 2.78 B | ||||
| Working Capital | 819.9 M | ||||
| Current Asset | 1.5 B | ||||
| Current Liabilities | 953.1 M | ||||
About ITT Performance
To evaluate ITT Inc Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when ITT generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare ITT Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand ITT Inc market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents ITT's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 96.53 | 48.28 | |
| Return On Tangible Assets | 0.15 | 0.08 | |
| Return On Capital Employed | 0.18 | 0.14 | |
| Return On Assets | 0.10 | 0.08 | |
| Return On Equity | 0.16 | 0.26 |
Things to note about ITT Inc performance evaluation
Checking the ongoing alerts about ITT for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ITT Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ITT Inc has a strong financial position based on the latest SEC filings | |
| Over 93.0% of the company shares are owned by institutional investors | |
| On 1st of April 2024 ITT paid $ 0.319 per share dividend to its current shareholders | |
| Latest headline from zacks.com: GE Aerospace Gears Up for Q1 Earnings What to Expect |
- Analyzing ITT's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether ITT's stock is overvalued or undervalued compared to its peers.
- Examining ITT's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating ITT's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ITT's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ITT's stock. These opinions can provide insight into ITT's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ITT Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for ITT Stock analysis
When running ITT's price analysis, check to measure ITT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ITT is operating at the current time. Most of ITT's value examination focuses on studying past and present price action to predict the probability of ITT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ITT's price. Additionally, you may evaluate how the addition of ITT to your portfolios can decrease your overall portfolio volatility.
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Is ITT's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ITT. If investors know ITT will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ITT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.20) | Dividend Share 1.16 | Earnings Share 4.97 | Revenue Per Share 39.891 | Quarterly Revenue Growth 0.07 |
The market value of ITT Inc is measured differently than its book value, which is the value of ITT that is recorded on the company's balance sheet. Investors also form their own opinion of ITT's value that differs from its market value or its book value, called intrinsic value, which is ITT's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ITT's market value can be influenced by many factors that don't directly affect ITT's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ITT's value and its price as these two are different measures arrived at by different means. Investors typically determine if ITT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ITT's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.