ITT (ITT) Receives Daily News Impact Rating of 0.15
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:
- ITT Inc. (ITT) Given Consensus Recommendation of “Buy” by Brokerages (americanbankingnews.com)
- Medical Connectors Market is Forecasted to Grow at a CAGR of 6.3% During 2017-2023 (itbusinessnet.com)
- Collection of ITT student debt barred in class action settlement (natlawreview.com)
- Zips Car Wash Breaks 100 (prnewswire.com)
- BRIEF-Sherritt Provides Update On Impact Of Cyclone Ava On Its Ambatovy Operations (feeds.reuters.com)
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.
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.
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.
Receive News & Ratings for ITT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ITT and related companies with MarketBeat.com's FREE daily email newsletter.