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Price: $149.7850
$-1.80 
-1.187%
|
| Day's High:
| $151.99
| Week Perf:
| -1.69 %
|
| Day's Low: |
$ 151.14 |
30 Day Perf: |
-2.04 % |
| Volume (M): |
11 |
52 Wk High: |
$ 161.13 |
| Volume (M$): |
$ 1,627 |
52 Wk Avg: |
$141.91 |
| Open: |
$152.03 |
52 Wk Low: |
$105.64 |
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| Market Capitalization (Millions $) |
12,237 |
| Shares
Outstanding (Millions) |
82 |
| Employees |
10,600 |
| Revenues (TTM) (Millions $) |
3,633 |
| Net Income (TTM) (Millions $) |
519 |
| Cash Flow (TTM) (Millions $) |
17 |
| Capital Exp. (TTM) (Millions $) |
133 |
Itt Inc
ITT Industries, Inc., is a global multi-industry company engaged directly and
through its subsidiaries in the design and manufacture of a wide range of engineered
products and the provision of related services. Our four principal business segments
are Fluid Technology, Defense Electronics & Services, Motion & Flow Control,
and Electronic Components. Prior to January 1, 2002 these segments were named
Pumps & Complementary Products, Defense Products & Services, Specialty
Products and Connectors & Switches. Also prior to January 1, 2002, Engineered
Process Solutions Group (formerly named Engineered Values) and now part of our
Fluid Technology Segment, reported into Specialty Products (now, Motion &
Flow Control). Material herein is presented on a basis consistent with those business
segment changes.
Company Address: 100 Washington Blvd Stamford 6902 CT
Company Phone Number: 641-2000 Stock Exchange / Ticker: NYSE ITT
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Customers Net Income fell by |
ITT's Customers Net Profit Margin fell to |
-28.8 % |
7.56 %
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| Stock Performances by Major Competitors |
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| Itt Inc
ITT Inc., a leading company in the Miscellaneous Manufacturing sector, recently reported its financial results for the fourth quarter and full year ended December 31, 2023. The company showcased impressive revenue growth of 14.125% and an increase in earnings per share by 11.67% compared to the previous year. While ITT Inc's stock performance has shown a downward trend in the preceding 30 days, it still remains optimistic as it is just 5.1% off its 52-week high. This article will analyze the impact of these financial results on ITT Inc's future prospects.
Positive Revenue Growth Outperforms Competitors:
In the first quarter of 2024, ITT Inc witnessed an outstanding top-line growth compared to its peers in the Miscellaneous Manufacturing sector. The company's revenue growth of 14.125% significantly exceeded the sector's average growth rate of 3.38% for the same period. This demonstrates ITT Inc's ability to capture market share and potentially indicates a competitive advantage over other players in the sector.
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| Itt Inc
ITT Inc. (NYSE: ITT) recently released its financial results for the fourth quarter of 2023, and the numbers are not as impressive as they may seem at first glance. While the company did report an EPS of $1.11 and revenue of $822.10 million, it is important to note that its income fell by $1.11 per share compared to the previous year's fourth quarter. Additionally, the revenue increase of 7.036% is certainly noteworthy, but it should be taken into consideration that the Miscellaneous Manufacturing industry as a whole only experienced a 4.05% rise during the same period.
One of the concerning factors about ITT Inc.'s performance is its declining profits. In the third quarter, its revenue had already surged by 0.851% from $822.10 million, but its profits fell by a staggering -16.93% from $1.34 per share. This alarming trend continued into the fourth quarter of 2023, with net earnings dropping by -20.41% from $116.1 million to $92.4 million compared to the same period the previous year.
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| Itt Inc
The recent financial results of the Miscellaneous Manufacturing company, Itt Inc, may seem positive on the surface, but upon closer examination, there are several concerning factors that indicate a bearish outlook for the company.
Firstly, while the company reported a 9.09% increase in revenue year on year, there was a 1.415% decrease quarter on quarter. This indicates a potential slowdown in growth for the company, which is not a positive sign for investors. Additionally, the company's net margin has decreased to 13.6%, suggesting that profitability may be under pressure.
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| Itt Inc
Itt Inc, a Miscellaneous Manufacturing company, has exceeded expectations with its most recent fiscal period financial results. Despite a reduction in business within the Miscellaneous Manufacturing sector, Itt Inc experienced a significant increase in profit per share and revenue. This article will analyze the company's financial performance and highlight its noteworthy accomplishments.
Financial Results:
1. Profit per share: Itt Inc witnessed a remarkable 48.86% jump in profit per share during the most recent fiscal period, reaching $1.31 per share. This represents a considerable improvement compared to the prior year period's profit per share of $1.20.
2. Revenue: The company's revenue increased by 14.831% to $833.90 million, a significant achievement when compared to the sector-wide decrease of 1.07% within the Miscellaneous Manufacturing sector. This growth indicates a strong performance by Itt Inc, defying the overall industry trend.
3. Net Income: Itt Inc reported a net income of $108.900 million during the second quarter of 2023 earnings season, representing a 44.62% increase from the same period the previous year, where net earnings stood at $75.300 million.
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| Itt Inc
ITT Inc Reports Solid Revenue Growth, Slightly Lower Earnings in Q3 2023
ITT Inc (NYSE: ITT) recently delivered mixed results in its fiscal three months ending April 01, 2023. The company reported revenue of $797.90 million, representing a YoY increase of 5.88% compared to $753.60 million in the previous year. This was driven by a strong focus on increasing sales in the period, leading to an 8.80% increase from $733.30 million in the preceding quarter.
However, earnings for the quarter were slightly lower, declining from $1.23 per share to $1.20 per share, representing a drop of 2.44% YoY. Nevertheless, earnings still grew by 34.83% from $0.89 per share in the preceding quarter.
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| Per Share |
Current |
| Earnings (TTM) |
6.3 $ |
| Revenues (TTM) |
44.47 $
|
| Cash Flow (TTM) |
0.21 $ |
| Cash |
5.38 $
|
| Book Value |
34.1 $
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| Dividend (TTM) |
1.3 $ |
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| Per Share |
|
| Earnings (TTM) |
6.3 $
|
| Revenues (TTM) |
44.47 $ |
| Cash Flow (TTM) |
0.21 $ |
| Cash |
5.38 $
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| Book Value |
34.1 $ |
| Dividend (TTM) |
1.3 $ |
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| |
| Motion Technologies |
|
 37.91 % |
of total Revenue |
| Industrial Process |
|
36.51 % |
of total Revenue |
| Connect Control Technologies |
|
25.71 % |
of total Revenue |
| InterEliminations |
|
-0.12 % |
of total Revenue |
| Auto and rail |
|
37.55 % |
of total Revenue |
| Chemical and industrial pumps |
|
24.57 % |
of total Revenue |
| Aerospace and defense |
|
18.09 % |
of total Revenue |
| Energy |
|
13.32 % |
of total Revenue |
| General industrial |
|
6.47 % |
of total Revenue |
| Eliminations |
|
-0.12 % |
of total Revenue |
| Eliminations General industrial |
|
-0.12 % |
of total Revenue |
| Motion Technologies Auto and rail |
|
37.55 % |
of total Revenue |
| Motion Technologies Aerospace and defense |
|
0.25 % |
of total Revenue |
| Motion Technologies General industrial |
|
0.11 % |
of total Revenue |
| Industrial Process Chemical and industrial pumps |
|
24.57 % |
of total Revenue |
| Industrial Process Energy |
|
11.94 % |
of total Revenue |
| Connect Control Technologies Aerospace and defense |
|
17.84 % |
of total Revenue |
| Connect Control Technologies Energy |
|
1.38 % |
of total Revenue |
| Connect Control Technologies General industrial |
|
6.48 % |
of total Revenue |
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