# ITT Inc. – Consensus ‘buy’ rating and 11.7% Upside Potential

- Link: https://www.directorstalkinterviews.com/itt-inc.consensus-buy-rating-and-11.7-upside-potential/4121166132
- Published: 2024-07-26T12:52:22+01:00
- Author: Charlotte Edwards

**ITT Inc.** with ticker code (ITT) have now 9 analysts in total covering the stock.
The consensus rating is pointing to ‘buy’. The range between the high target price
and low target price is between $161.00 and $141.00 calculating the average target
price we see $152.78. Given that the stocks previous close was at $136.83 this indicates
there is a potential upside of 11.7%. Also worth taking note is the 50 day moving
average now sits at $132.64 and the 200 day MA is $121.94. The market capitalization
for the company is 11.41B. The stock price is currently at: $138.75 USD

 The potential market cap would be $12,744,063,144 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 27.15, revenue per share of $41.31
and a 8.49% return on assets.

ITT Inc. is a manufacturer of engineered critical components and customized technology
solutions for the transportation, industrial and energy markets. The Company operates
through three segments: Motion Technologies (MT), Industrial Process (IP), and Connect&
Control Technologies (CCT). The MT segment is a manufacturer of brake pads, shims,
shock absorbers, energy absorption components, and sealing technologies primarily
for the transportation industry, including passenger cars and trucks, light- and
heavy-duty commercial and military vehicles, buses, and rail. The IP segment is 
an original equipment manufacturer (OEM) and an aftermarket parts and service provider
offering portfolio of industrial pumps, valves, and plant optimization and remote
monitoring systems and services. The CCT segment designs and manufactures a range
of engineered connectors and specialized products for various markets, including
aerospace and defense, industrial, transportation, medical, and oil and gas.

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