ITT (ITT) Projected to Post Earnings on Thursday

ITT (NYSE:ITT) will likely be issuing its quarterly earnings data before the market opens on Thursday, February 6th. Analysts expect the company to announce earnings of $1.48 per share and revenue of $927.03 million for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

ITT Price Performance

Shares of NYSE ITT opened at $148.27 on Tuesday. The business has a fifty day moving average price of $148.55 and a two-hundred day moving average price of $144.65. The stock has a market capitalization of $12.09 billion, a PE ratio of 25.30, a P/E/G ratio of 1.81 and a beta of 1.41. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.58 and a quick ratio of 1.09. ITT has a fifty-two week low of $118.58 and a fifty-two week high of $161.13.

Analyst Ratings Changes

ITT has been the subject of several recent analyst reports. KeyCorp upped their price objective on shares of ITT from $164.00 to $170.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 21st. TD Cowen upped their price target on shares of ITT from $150.00 to $165.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Citigroup decreased their price objective on shares of ITT from $183.00 to $181.00 and set a “buy” rating on the stock in a research note on Monday, January 13th. StockNews.com raised ITT from a “hold” rating to a “buy” rating in a report on Tuesday, January 28th. Finally, Wolfe Research began coverage on ITT in a report on Wednesday, December 11th. They set a “peer perform” rating for the company. One analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $167.13.

About ITT

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.