News stories about ITT (NYSE:ITT) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. ITT earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave news stories about the conglomerate an impact score of 46.2291649031314 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:

Shares of ITT (ITT) opened at $54.91 on Friday. ITT has a 52-week low of $36.93 and a 52-week high of $55.34. The stock has a market cap of $4,770.00, a PE ratio of 24.08, a PEG ratio of 1.45 and a beta of 1.59.

ITT (NYSE:ITT) last announced its earnings results on Thursday, November 2nd. The conglomerate reported $0.66 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.61 by $0.05. ITT had a net margin of 8.29% and a return on equity of 14.12%. The business had revenue of $645.00 million for the quarter, compared to analyst estimates of $605.06 million. During the same quarter last year, the business earned $0.58 earnings per share. The company’s revenue for the quarter was up 10.9% compared to the same quarter last year. research analysts expect that ITT will post 2.53 earnings per share for the current fiscal year.

A number of research firms have weighed in on ITT. Zacks Investment Research cut shares of ITT from a “buy” rating to a “hold” rating in a report on Tuesday. Cowen reiterated a “buy” rating and issued a $50.00 target price on shares of ITT in a research report on Thursday, September 21st. Seaport Global Securities reiterated a “buy” rating on shares of ITT in a research report on Monday, November 6th. KeyCorp reiterated a “buy” rating on shares of ITT in a research report on Friday, November 3rd. Finally, ValuEngine lowered shares of ITT from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Two analysts have rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $52.13.

In related news, VP Steven C. Giuliano sold 5,860 shares of the business’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $50.94, for a total transaction of $298,508.40. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Thomas M. Scalera sold 5,000 shares of the business’s stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $50.98, for a total transaction of $254,900.00. The disclosure for this sale can be found here. Insiders have sold 171,960 shares of company stock worth $8,630,962 over the last 90 days. 1.20% of the stock is currently owned by company insiders.

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ITT Company Profile

ITT Corporation (ITT) is a diversified manufacturer of engineered critical components and technology solutions for industrial markets. The Company’s product and service offerings are organized in four segments: Industrial Process, Motion Technologies, Interconnect Solutions and Control Technologies. Industrial Process manufactures engineered fluid process equipment, and is a provider of plant optimization, solutions and aftermarket services and parts.

Insider Buying and Selling by Quarter for ITT (NYSE:ITT)

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