+Compare
ITT
Stock ticker: NYSE
AS OF
Loading...
Price
Loading...
Change
Loading...
Capitalization
7.84B

ITT ITT Forecast, Technical & Fundamental Analysis

a manufacturer of industrial pumps and pumping equipment

Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for ITT with price predictions
08:00 PM EDT Sep 24, 2023

ITT's RSI Oscillator climbs out of oversold territory

The RSI Oscillator for ITT moved out of oversold territory on September 22, 2023. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 34 similar instances when the indicator left oversold territory. In of the 34 cases the stock moved higher. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ITT advanced for three days, in of 326 cases, the price rose further within the following month. The odds of a continued upward trend are .

ITT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on September 13, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on ITT as a result. In of 84 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for ITT turned negative on September 13, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .

ITT moved below its 50-day moving average on September 19, 2023 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for ITT crossed bearishly below the 50-day moving average on September 25, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ITT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 77, placing this stock better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. ITT’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.341) is normal, around the industry mean (11.620). P/E Ratio (18.657) is within average values for comparable stocks, (44.779). Projected Growth (PEG Ratio) (1.325) is also within normal values, averaging (2.012). Dividend Yield (0.012) settles around the average of (0.021) among similar stocks. P/S Ratio (2.507) is also within normal values, averaging (10.703).

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are General Electric Company (NYSE:GE), Illinois Tool Works (NYSE:ITW), Ingersoll Rand (NYSE:IR), Generac Holdings (NYSE:GNRC).

Industry description

The industry makes and maintains machines for consumers, the industry, and most other companies. While it has traditionally been categorized as heavy industry, some smaller companies are also branching into the light category. The industry is pivotal in providing the equipment for production in businesses like agriculture, mining, industry and construction, gas, electricity and water utilities. It also supplies supporting equipment for almost all sectors of the economy, such as equipment for heating, and air conditioning of buildings. Illinois Tool Works Inc., Parker-Hannifin Corporation and Rockwell Automation Inc are some of the major U.S. companies operating in this industry.

Market Cap

The average market capitalization across the Industrial Machinery Industry is 7.68B. The market cap for tickers in the group ranges from 1.55K to 135.33B. SMAWF holds the highest valuation in this group at 135.33B. The lowest valued company is XEBEF at 1.55K.

High and low price notable news

The average weekly price growth across all stocks in the Industrial Machinery Industry was -2%. For the same Industry, the average monthly price growth was -2%, and the average quarterly price growth was -2%. QWTR experienced the highest price growth at 72%, while MKUL experienced the biggest fall at -59%.

Volume

The average weekly volume growth across all stocks in the Industrial Machinery Industry was -9%. For the same stocks of the Industry, the average monthly volume growth was -0% and the average quarterly volume growth was -5%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 57
P/E Growth Rating: 62
Price Growth Rating: 58
SMR Rating: 65
Profit Risk Rating: 77
Seasonality Score: -13 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I. Advisor
published Earnings

ITT is expected to report earnings to fall 4.51% to $1.27 per share on November 03

ITT ITT Stock Earnings Reports
Q3'23
Est.
$1.27
Q2'23
Beat
by $0.15
Q1'23
Beat
by $0.05
Q4'22
Beat
by $0.05
Q3'22
Beat
by $0.02
The last earnings report on August 03 showed earnings per share of $1.33, beating the estimate of $1.18. With 359.78K shares outstanding, the current market capitalization sits at 7.84B.
A.I.Advisor
published Dividends

ITT is expected to pay dividends on October 02, 2023

ITT ITT Stock Dividends
A dividend of $0.29 per share will be paid with a record date of October 02, 2023, and an ex-dividend date of August 31, 2023. The last dividend of $0.29 was paid on July 03. Read more...
A.I. Advisor
published General Information

General Information

a manufacturer of industrial pumps and pumping equipment

Industry IndustrialMachinery

Profile
Fundamentals
Details
Industry
Industrial Machinery
Address
100 Washington Boulevard
Phone
+1 914 641-2000
Employees
10300
Web
https://www.itt.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
CRYPTO / NAMEPrice $Chg $Chg %
OAX.X0.1659540.005877
+3.67%
OAX cryptocurrency
PERP.X0.6083580.015220
+2.57%
Perpetual Protocol cryptocurrency
MASK.X2.6210110.027361
+1.05%
Mask Network cryptocurrency
WBTC.X26290.86100035.695312
+0.14%
Wrapped Bitcoin cryptocurrency
XNO.X0.6111740.000805
+0.13%
Nano cryptocurrency

ITT and

Correlation & Price change

A.I.dvisor indicates that over the last year, ITT has been closely correlated with PH. These tickers have moved in lockstep 82% of the time. This A.I.-generated data suggests there is a high statistical probability that if ITT jumps, then PH could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ITT
1D Price
Change %
ITT100%
+1.68%
PH - ITT
82%
Closely correlated
+1.09%
DOV - ITT
81%
Closely correlated
+0.84%
IR - ITT
81%
Closely correlated
-0.28%
OTIS - ITT
79%
Closely correlated
+0.16%
ITW - ITT
78%
Closely correlated
+0.41%
More

Groups containing ITT

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ITT
1D Price
Change %
ITT100%
+1.68%
ITT
(undefined stocks)
90%
Closely correlated
+0.54%
pumping
(undefined stocks)
90%
Closely correlated
+0.88%
industrial machinery
(undefined stocks)
87%
Closely correlated
+0.58%
Industrial Machinery
(undefined stocks)
81%
Closely correlated
+0.11%