ITT (ITT) to Release Quarterly Earnings on Thursday

ITT (NYSE:ITT) is projected to issue 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. Parties that are interested in registering for the company’s conference call can do so using this link.

ITT Stock Performance

Shares of ITT opened at $149.00 on Wednesday. The company has a market capitalization of $12.15 billion, a price-to-earnings ratio of 25.43, a PEG ratio of 1.81 and a beta of 1.41. ITT has a 12 month low of $118.58 and a 12 month high of $161.13. The company has a current ratio of 1.58, a quick ratio of 1.09 and a debt-to-equity ratio of 0.17. The stock has a 50 day moving average of $148.36 and a 200 day moving average of $144.74.

Analysts Set New Price Targets

ITT has been the topic of a number of research reports. Wolfe Research started coverage on ITT in a report on Wednesday, December 11th. They set a “peer perform” rating on the stock. The Goldman Sachs Group raised their price objective on ITT from $150.00 to $166.00 and gave the company a “buy” rating in a research note on Thursday, October 10th. StockNews.com raised ITT from a “hold” rating to a “buy” rating in a research note on Tuesday, January 28th. TD Cowen increased their target price on shares of ITT from $150.00 to $165.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Finally, Citigroup decreased their target price on ITT from $183.00 to $181.00 and set a “buy” rating for the company in a report on Monday, January 13th. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $167.13.

ITT Company Profile

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.