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Is this Large Market Cap Stock target price reasonable for ITT Inc. (NYSE:ITT)?

The company in question is, ITT Inc. (NYSE:ITT) currently with a stock price of 34.11 (-0.03% today). The market cap for ITT Inc. is 3112.09, and is in the sector Industrial Goods, and Diversified Machinery industry. The target price for ITT Inc. is 38.83. Currently ITT Inc. is trading with a P/E of 15.18, and a forward P/E of 12.76. Average volume for ITT Inc. is 571.41 and so far today it is 276914.

Performance in the last year for ITT Inc. has been -7.46%. For EPS growth, ITT Inc. has seen a growth of 69.70%, and is looking to grow in the next year to 11.47%. More long term stats show that EPS growth has been 34.70% over the last five years and could be 8.05% for the next five years. ITT Inc. has seen sales growth quarter over quarter at -0.30%, with EPS growth quarter over quarter at -77.10%. The 20-day simple moving average is -3.10%, with the 200-day simple moving average coming to -1.30%.

Since the IPO date for ITT Inc. on the 12/18/1995, ITT Inc. has seen performance year to date to be -5.09%. With ITT Inc. trading at 34.11, the dividend yield is 1.47%, and the EPS is 2.25.

So could ITT Inc., be undervalued? Well as said before P/E is 15.18. The PEG is 1.89, P/S is 1.24 and the P/B is at 2.16. The P/cash is 6.86, with P/free cash flow at 39.75.

ITT Inc. ability to deal with debt shows that the current ratio is 1.7, and the quick ratio is 1.3. This is with long term debt/equity at 0, and total debt/equity at 0.15.

In terms of margins, ITT Inc. has a gross margin of 31.80%, an operating margin of 10.30% and a profit margin of 9.50%.Payout ratio for ITT Inc. is 18.30%. Return on assets come to 6.40% with return on investment coming to 19.20%.

Insider ownership for ITT Inc., is at 0.30% and institutional ownership comes to 92.40%. Outstanding shares are at 91.21. While shares float is 89.02. The float short is currently 1.85%, and short ratio is 2.89.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Peter Clarke

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