How to Buy Itt Stock
Itt Inc
Itt is a specialty industrial machinery company located in New York, United States, which is part of the Industrials sector, and is traded under the ticker ITT on the NYSE exchange.
Itt stock last closed at $125.12, down 1.92% from the previous day, and has increased 48.72% in one year. It has overperformed other stocks in the Specialty Industrial Machinery industry by 0.22 percentage points. Itt stock is currently +65.02% from its 52-week low of $75.82, and -9.53% from its 52-week high of $138.30.
As of Apr 17, 2024, there are 82.1M shares of ITT outstanding. The market value of ITT is $10.27B. In the last 24 hours, 370,674 ITT shares were traded.
How to Buy Itt Stock
Not sure how to invest in Itt stock? Here's how.
- Figure out where to buy Itt stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you determine where to buy Itt stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Pick your payment method and add your information.
- Evaluate Itt stock: The Itt ticker symbol is ITT. Is Itt stock a good investment? Should you buy shares of ITT? How do ITT's underlying business fundamentals look? Do top analysts think Itt is a good buy? Why has ITT's stock price moved recently? (Hint: Our stock analysis website can help you understand if ITT is a good stock to buy).
- Execute your ITT buy order: Decide if you will purchase ITT shares at the current market price or use a limit order to buy ITT stock at a particular price.
- Get key alerts regarding your ITT investment: Create a watchlist to watch your investment in Itt shares.
Step 1: Figure out where to buy Itt stock
You need a brokerage account in order to access the NYSE market and buy ITT stock.
Our favorite brokerage: eToro
In our opinion, eToro is the best online stock brokerage. Here's why:
- Invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to world financial markets: From Tech to Utilities, New York to Shanghai — you can fill your portfolio with stocks from the world's top exchanges.
- Social investing: eToro has a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by signing up for an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the best brokerage, the next step is to fill out some personal info so you are able to buy ITT stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create a new brokerage account.
- Submit your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have opened your account on stock apps to use, your next step is to transfer the money for your investment:
Watch this video walkthrough if you need help depositing funds into your new brokerage account.
Step 4: Evaluate Itt stock
Once you have identified the best place to buy Itt stock, it's critical to research their stock before you buy, so you actually comprehend the risk as well as the opportunity.
Itt quick stats
Itt Zen Score
WallStreetZen was created to help part-time investors do more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on ITT's stock page.
Is ITT stock undervalued or overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge ITT's intrinsic value.
Using relative valuations methods:
- ITT could be undervalued based on its P/E ratio of 25.07x, relative to Specialty Industrial Machinery industry P/E ratio of 26.55x
- ITT could be undervalued based on its P/B ratio of 4.06x, relative to Specialty Industrial Machinery industry P/B ratio of 4.86x
- ITT could be overvalued based on its PEG ratio of 4.93x
You can access more valuation analysis on ITT's stock here.
ITT Financial Health Overview
Passed Health Checks:
- Total ITT debt is lower than 5 years ago, relative to shareholder equity.
- ITT's operating cash flow of $538.00M allows it to safely service it's debt of $187.70M.
- ITT earnings of $525.70M is not sufficient to cover its interest payments.
- ITT profit margin has gone up from 12.3% to 12.5% in the past year.
- There are more short-term assets than short-term liabilities on the ITT balance sheet.
- There are more short-term assets than long-term liabilities on the ITT balance sheet.
Failed Health Checks:
- ITT has a relatively high debt to equity ratio of 0.55.
Is ITT stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 5 Wall Street analysts who give recommendations on ITT, the consensus analyst rating on Itt is a Strong Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Itt stock forecast page.
Metrics for Advanced ITT Traders
ITT Growth Metrics
Last year, ITT earnings were $410.50M. During the last 5 year, ITT's earnings have gone up by 5.54% per year. This was slower than the Specialty Industrial Machinery industry average of 24.56%.
Last year, ITT revenue was $3.28B. In the last 5 year, ITT's revenue has grown by 3.64% per year. This was slower than the Specialty Industrial Machinery industry average of 3.66%.
You can research ITT's earnings and revenue performance here.
Latest Insiders Trades at ITT
In the past year, executives and large shareholders at ITT have sold more shares than they have bought.
Davide Barbon, SVP President APAC MT of ITT, was the latest ITT insider to sell. They sold $108,841.80 worth of ITT shares on Mar 4, 2024.
Get more info about who owns ITT shares here.
Does ITT provide a stable income stream?
Itt pays a dividend of 0.95%, compared to the Specialty Industrial Machinery industry's average dividend yield of 1.27%. If you owned $1,000 of ITT stock, you would have been paid $9.50 in the past year.
Itt dividend payments have consistently grown over the past decade and have remained stable.
Get more analysis about Itt dividend yield and history here.
What others are saying about ITT
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your ITT buy order
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly fine for most investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount limit, place a limit order.
Press the Open Trade button and your broker will execute your order.
If you need more info about investing in stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your ITT investment
Now that you own some ITT shares, you'll want to keep up with your new company.
Start a watchlist to get notified of important updates regarding your ITT stock.
ITT Feed
How to Buy Stock in Itt
To reiterate, here are the 6 steps to buy stock in Itt:
- Figure out where to buy Itt stock
- Open a brokerage account
- Put funds into your investment account
- Evaluate Itt stock
- Execute your ITT buy order
- Get key alerts regarding your ITT investment
If you are looking for a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest news on your investment in Itt, click below.
Trending "How To" Guides
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.