ITT Stock Target Price and Analyst Consensus

ITT Stock  USD 155.46  3.26  2.14%   
The current analyst and expert consensus on ITT is Strong Buy, with 9 strong buy opinions. The current projected ITT target price consensus is 113.00 with 11 analyst opinions. Check out Macroaxis Advice on ITT to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
The most common way ITT Inc analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview ITT executives and customers to further validate their buy or sell advice. ITT buy-or-sell recommendation module provides average expert sentiment on the projected ITT Inc target price to derive its highest and lowest estimates based on projected price volatility of 1.6069.
Lowest Forecast
102.83
Highest Forecast
125.43
Target Price
113
At this time, ITT's Gross Profit is comparatively stable compared to the past year. Pretax Profit Margin is likely to gain to 0.17 in 2024, whereas Net Profit Margin is likely to drop 0.06 in 2024. At this time, ITT's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Property Plant And Equipment Gross is likely to gain to about 2 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 2.2 B in 2024.
  
It's important to approach ITT's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize ITT price targets

ITT's stock target price is an estimate of its future price, usually made by analysts. Using ITT's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at ITT's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if ITT's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional ITT Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of ITT is a key component of ITT valuation and have some predictive power on the future returns of a ITT.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ITT's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
153.85155.46157.07
Details
Intrinsic
Valuation
LowRealHigh
133.04134.65171.01
Details
Naive
Forecast
LowNextHigh
151.02152.62154.23
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.461.461.46
Details

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Additional Tools for ITT Stock Analysis

When running ITT's price analysis, check to measure ITT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ITT is operating at the current time. Most of ITT's value examination focuses on studying past and present price action to predict the probability of ITT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ITT's price. Additionally, you may evaluate how the addition of ITT to your portfolios can decrease your overall portfolio volatility.