ITT Receives Moody’s Ratings Upgrade
ITT Inc. (ITT)
Last itt inc. earnings: 5/1 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
itt.com/investors
Company Research
Source: Business Wire
STAMFORD, Conn.--(BUSINESS WIRE)--November 27, 2024-- ITT Inc. (NYSE: ITT) today announced that Moody’s Ratings (Moody’s) upgraded the company’s rating to Baa1 from Baa2. Moody’s also affirmed a Prime-2 short term commercial paper rating for ITT.In its press release, Moody’s noted the ratings upgrade reflects its expectation that ITT will sustain improvements in profitability and cash generation and continue its well-balanced financial policy over the next several years. Moody’s also expects “the company’s market share gains and conversion of its strong backlog to sales will support continued operating profit growth.”“This ratings upgrade is a testament to the consistent performance of the ITT teams, day in and day out, which enabled us to grow profitably, execute strategic acquisitions and drive strong cash generation to fund future growth investments. This is another example of the ITT differentiation centered around execution and innovation. We are grateful for the recognition
Show less
Read more
Impact Snapshot
Event Time:
ITT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ITT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ITT alerts
High impacting ITT Inc. news events
Weekly update
A roundup of the hottest topics
ITT
News
- ITT Inc. (NYSE: ITT) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Here's Why You Should Retain ITT Stock in Your Portfolio Now [Yahoo! Finance]Yahoo! Finance
- ITT Inc. (NYSE: ITT) had its price target raised by analysts at Stifel Nicolaus from $171.00 to $180.00. They now have a "buy" rating on the stock.MarketBeat
- ITT Inc. (NYSE: ITT) is now covered by analysts at Wolfe Research. They set a "peer perform" rating on the stock.MarketBeat
- ITT Inc. (NYSE: ITT) had its price target raised by analysts at Citigroup Inc. from $176.00 to $183.00. They now have a "buy" rating on the stock.MarketBeat
ITT
Earnings
- 10/29/24 - Beat
ITT
Sec Filings
- 11/14/24 - Form SC
- 11/13/24 - Form SC
- 11/12/24 - Form SC
- ITT's page on the SEC website