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ITT Expands Engineering and Manufacturing Site in Saudi Arabia with ~$25 Million Investment, Doubling Capacity for Middle East Customers
Businesswire· 2025-11-17 11:30
Core Insights - ITT Inc. has completed the second phase of a planned expansion at its manufacturing site in Saudi Arabia, with a total investment of approximately $25 million [1] Company Summary - The expansion is part of ITT Inc.'s strategy to enhance its manufacturing capabilities in the region [1] - The investment reflects the company's commitment to growth and operational efficiency in Saudi Arabia [1]
ITT Announces Participation at UBS Global Industrials & Transportation Conference 2025 on Dec. 2
Businesswire· 2025-11-13 11:30
Core Points - ITT Inc. will participate in the UBS Global Industrials & Transportation Conference 2025 on December 2 in Palm Beach, Florida, with CFO Emmanuel Caprais presenting from 8:50-9:30 a.m. Eastern Time [1][4]. Company Overview - ITT Inc. is a diversified manufacturer of highly engineered critical components and customized technology solutions for the transportation, industrial, and energy markets, headquartered in Stamford, Connecticut, with operations in over 35 countries and sales in approximately 125 countries [3].
Are You Looking for a Top Momentum Pick? Why ITT (ITT) is a Great Choice
ZACKS· 2025-11-11 18:01
Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: ITT - ITT currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating a favorable outlook for the stock [2][3] - The stock has shown strong performance, with a 1.69% increase over the past week, contrasting with a 1.22% decline in the Zacks Diversified Operations industry [5] - Over the last quarter, ITT shares have risen by 14.77%, and by 22.97% over the past year, significantly outperforming the S&P 500, which increased by 7.27% and 15.21% respectively [6] Trading Volume - ITT's average 20-day trading volume is 498,924 shares, which serves as a baseline for price-to-volume analysis; a rising stock with above-average volume is generally seen as bullish [7] Earnings Outlook - In the past two months, 5 earnings estimates for ITT have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $6.50 to $6.61 [9] - For the next fiscal year, 5 estimates have also moved upwards without any downward revisions, indicating a positive earnings outlook [9] Conclusion - Given the strong performance metrics and positive earnings revisions, ITT is positioned as a promising momentum pick, making it a stock to consider for near-term investment [10]
ITT Looks Like A Smarter Buy Than Parker Hannifin Stock
Forbes· 2025-11-07 16:30
Group 1 - ITT presents a lower Price to Operating Income (P/OpInc) ratio compared to Parker Hannifin, indicating a potentially more attractive valuation [2] - ITT has demonstrated higher revenue and operating income growth than Parker Hannifin, suggesting better performance metrics [2] - The disparity between ITT's valuation and performance metrics implies that investing in ITT may be more beneficial than investing in Parker Hannifin [2] Group 2 - A method to assess Parker Hannifin's stock valuation involves comparing its current metrics with those from one year ago, which may indicate whether the stock is overvalued [5] - A significant reversal in Parker Hannifin's performance trends over the past year could suggest that the current valuation mismatch is temporary [5] - Continued underperformance in revenue and operating income growth for Parker Hannifin would reinforce the view that its stock is overpriced relative to peers [5]
ITT Releases 2025 Sustainability Update Highlighting Progress Towards Emissions Reduction Target, Board Refreshment and Best-in-Class Safety Performance
Businesswire· 2025-11-03 11:30
Core Insights - ITT released its 2025 Sustainability Update, highlighting key achievements in environmental, social, and governance (ESG) areas [1] Environmental Highlights - The company emphasized its commitment to reducing carbon emissions and enhancing energy efficiency [1] Social Highlights - ITT showcased initiatives aimed at improving community engagement and workforce diversity [1] Governance Highlights - The update included information on governance practices and policies that support sustainable business operations [1]
ITT Inc. (ITT) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2025-10-31 15:38
Company Performance - ITT shares have increased by 3% over the past month, reaching a new 52-week high of $197.07, and have gained 30.9% since the start of the year, outperforming the Zacks Conglomerates sector and the Zacks Diversified Operations industry, both of which have seen a -1.1% return [1] - The company has consistently exceeded earnings expectations, reporting EPS of $1.78 against a consensus estimate of $1.67 in its last earnings report on October 29, 2025, and beating revenue estimates by 2.23% [2] Earnings Forecast - For the current fiscal year, ITT is projected to achieve earnings of $6.56 per share on revenues of $3.87 billion, reflecting an 11.95% increase in EPS and a 6.48% increase in revenues [3] - The next fiscal year is expected to see earnings of $7.38 per share on revenues of $4.06 billion, indicating a year-over-year change of 12.42% in EPS and 5.03% in revenues [3] Valuation Metrics - ITT's current valuation metrics show a Price-to-Earnings (P/E) ratio of 28.5X for the current fiscal year, which is a premium compared to the peer industry average of 18.8X, and a trailing cash flow basis P/E of 24.6X versus an average of 11.5X for peers [7] - The stock has a PEG ratio of 2.28, which does not place it among the top tier of stocks from a value perspective [7] Zacks Rank and Style Scores - ITT holds a Zacks Rank of 2 (Buy) due to favorable earnings estimate revisions from analysts, meeting the criteria for selection based on Zacks Rank and Style Scores [8] - The company has a Value Score of D, a Growth Score of B, and a Momentum Score of A, resulting in a combined VGM Score of B [6] Industry Comparison - Grupo Cibest S.A. - Sponsored ADR (CIB) is a notable peer with a Zacks Rank of 1 (Strong Buy) and a Value Score of A, indicating strong performance within the industry [9] - CIB is expected to post earnings of $7.27 per share on revenues of $6.87 billion for the current fiscal year, having beaten consensus estimates by 7.83% in the last quarter [10] - The Diversified Operations industry is positioned in the top 22% of all industries, suggesting favorable conditions for both ITT and CIB [11]
Why ITT Stock Was Pushing Higher This Week
Yahoo Finance· 2025-10-31 09:37
Core Insights - ITT's stock price increased by 6% from Monday to Thursday, indicating positive investor sentiment following the release of its third-quarter earnings [1] Financial Performance - ITT reported third-quarter revenue of $999 million, a 13% increase compared to the same quarter in 2024 [2] - The company's net income, not in accordance with GAAP, rose by 14% year-over-year to just under $185 million, equating to $1.78 per share [3] - ITT exceeded analyst expectations, with consensus estimates for revenue at less than $974 million and adjusted net income per share at $1.67 [4] Future Outlook - ITT raised its full-year guidance, projecting a revenue increase of 6% to 7% over 2024 [5] - The adjusted earnings per share are expected to be between $6.62 and $6.68, with the lower end representing a 13% increase from the previous year [5]
ITT's Q3 Earnings & Revenues Top Estimates, Increase Y/Y
ZACKS· 2025-10-30 18:06
Core Insights - ITT Inc. reported third-quarter 2025 adjusted earnings of $1.78 per share, exceeding the Zacks Consensus Estimate of $1.67, marking a 21.1% year-over-year increase driven by sales growth in the Connect & Control Technologies and Industrial Process segments [1][9] Revenue Performance - Total revenues reached $999.1 million, surpassing the consensus estimate of $977 million, reflecting a 12.9% year-over-year increase. Organic sales grew by 6.1%, supported by pump project shipments in the Industrial Process segment and increased demand in aerospace and industrial connectors [2] Segmental Results - **Industrial Process Segment**: Revenues totaled $383.9 million, up 15% year over year, with organic sales increasing 11.3% and adjusted operating income growing 18.7% [3] - **Motion Technologies Segment**: Revenues amounted to $355.6 million, a 3.1% year-over-year increase, with organic revenues rising 0.7%. Adjusted operating income increased by 15.4% [4] - **Connect & Control Technologies Segment**: Revenues of $259.2 million rose 25.1% year over year, with organic growth of 6.1%. Adjusted operating income increased by 20.3% [5] Margin Profile - Cost of revenues increased by 12.9% year over year to $643.9 million, while gross profit also rose by 12.9% to $355.2 million. Adjusted operating income increased by 13.8% to $184.7 million, with a margin expansion of 20 basis points to 18.5% [6] Balance Sheet and Cash Flow - At the end of Q3, ITT had cash and cash equivalents of $516.4 million, up from $439.3 million at the end of Q4 2024. Short-term borrowings decreased to $418 million from $427.6 million [7] - In the first nine months of 2025, net cash generated from operating activities was $441 million, compared to $339.4 million in the previous year. Free cash flow reached $368 million, up from $251.9 million [8] 2025 Outlook - ITT updated its 2025 adjusted earnings guidance to a range of $6.62-$6.68 per share, indicating a 13-14% increase from the prior year. Revenue growth is projected at 6-7%, with an adjusted operating margin between 18.2% and 18.5% [12][13]
ITT Stock Hits Record High On Earnings As It Nears Its First Billion-Dollar Quarter. Key Stock Rating Jumps 13 Points.
Investors· 2025-10-30 17:29
Core Insights - ITT's shares increased over 11% to a record high of 195.92 following strong earnings performance [1] - The company's Relative Strength (RS) Rating improved to 86, a rise of 13 points from the previous day [1] - ITT reported a 21% increase in earnings to $1.78 per share and a 13% rise in revenue to $999.1 million [1] Financial Performance - Earnings per share rose by 21% to $1.78 [1] - Revenue increased by 13% to $999.1 million [1] Market Position - ITT's RS Rating moved into the 80-plus level, indicating strong market leadership [1][4] - The company has shown consistent improvement in its RS Rating over time, moving from 71 to 74 and then to 86 [4]