ITT (US:ITT) ZACKSยท2025-08-05 17:01Core 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] Group 1: Momentum Style Score - ITT currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The Zacks Rank for ITT is 2 (Buy), suggesting a favorable outlook for the stock [3] - Stocks rated Zacks Rank 1 (Strong Buy) and 2 (Buy) with Style Scores of "A or B" tend to outperform the market over the following month [3] Group 2: Price Performance - ITT shares have increased by 1.57% over the past week, while the Zacks Diversified Operations industry has decreased by 3.45% [5] - Over the past month, ITT's price change is 5.11%, outperforming the industry's 1.56% [5] - In the last quarter, ITT shares rose by 11.73%, and over the past year, they increased by 33.5%, compared to the S&P 500's 11.71% and 19.86% respectively [6] Group 3: Trading Volume - ITT's average 20-day trading volume is 437,079 shares, which serves as a bullish indicator when combined with rising stock prices [7] Group 4: Earnings Outlook - In the past two months, three earnings estimates for ITT have been revised upwards, increasing the consensus estimate from $6.37 to $6.46 [9] - For the next fiscal year, four estimates have moved higher with no downward revisions [9] Group 5: Conclusion - Given the strong momentum indicators and positive earnings outlook, ITT is positioned as a 2 (Buy) stock with a Momentum Score of A, making it a potential candidate for near-term investment [11]