IT

ITT

ITT
NYSEIndustrials
$213.80
USD
+1.50(+0.71%)
At close: Apr 30, 15:49 UTC
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Open

$213.63

Prev. Close

$213.63

High

$213.80

Low

$213.59

Market Snapshot

Market Cap

$16.56B

P/E Ratio

33.9

EPS

6.36

Revenue

$3.63B

Why ITT moved

ITT shares rose to $212.30, reflecting a 56.2% annual gain, which has sparked valuation concerns among investors regarding the sustainability of this growth.

About

ITT, Inc. engages in the manufacture and sale of engineered components and customized technology solutions primarily for the transportation, industrial, and energy markets. The company is headquartered in Stamford, Connecticut and currently employs 11,600 full-time employees. Its segments include Motion Technologies (MT), Industrial Process (IP), and Connect & Control Technologies (CCT). MT is a global manufacturer of highly engineered brake pads, shock absorbers and damping technologies for the automotive and rail markets. IP is a global manufacturer of industrial pumps, valves, and monitoring and control systems, and provides aftermarket services for the energy, chemical and petrochemical, pharmaceutical, general industrial, marine, mining, pulp and paper, food and beverage, power generation and biopharmaceutical markets. CCT is a global designer and manufacturer of harsh-environment interconnect solutions and critical energy absorption and flow control components, primarily for the aerospace, defense and industrial markets. Its brands include Axtone, Novitek, Goulds Pumps and Cannon.

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