ITT (US:ITT) ZACKS·2025-10-07 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] Company Overview: ITT - ITT currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating strong potential for outperformance [3][4] - The company supplies parts and services across various industries, positioning it as a solid momentum pick [4] Price Performance - ITT shares have increased by 2.45% over the past week, outperforming the Zacks Diversified Operations industry, which rose by 1.19% [6] - Over the last month, ITT's stock price has changed by 4.51%, significantly better than the industry's 0.69% [6] - In the longer term, ITT shares have gained 14.44% over the past quarter and 21.41% over the last year, compared to the S&P 500's increases of 7.76% and 18.58%, respectively [7] Trading Volume - ITT's average 20-day trading volume is 449,988 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - Recent earnings estimate revisions show positive momentum, with 2 estimates moving higher for the full year and none lower, raising the consensus estimate from $6.48 to $6.50 [10] - For the next fiscal year, 1 estimate has increased, with no downward revisions during the same period [10] Conclusion - Given the positive price trends, strong earnings outlook, and favorable momentum indicators, ITT is positioned as a promising investment opportunity [11][12]