Based on the provided data and recent market performance, here is a concise analysis of ITT's valuation:
Valuation Analysis:
ITT is currently trading at $140.73, showing signs of being fairly valued based on multiple metrics:
- P/E ratio has decreased from 26.61 to 22.68 in Q4 2024
- EV/EBITDA at 15.28x in Q4 2024, within reasonable range for industrial sector
- P/B ratio at 4.22x indicates premium to book value
- P/S ratio at 3.24x suggests moderate premium to sales
Recent Performance:
The stock has declined 0.89% today to $140.73, trading below its 52-week high of $161.13. This represents a healthy pullback from recent highs.
Analyst Consensus:
Recent analyst actions indicate the stock has upside potential:
- UBS maintained Strong Buy with $168 target (Feb 2025)
- Stifel reiterated Strong Buy with $179 target (Jan 2025)
- KeyBanc maintained Buy with $170 target citing consistent execution
Financial Health:
- Strong margins with gross margin at 34.06% in Q4 2024
- Healthy ROE of 19.60%
- Solid current ratio of 1.40x
- Manageable debt-to-equity ratio at 23.84%
Based on the comprehensive analysis, ITT appears to be trading at fair value rather than being overvalued, with strong fundamentals and positive analyst sentiment supporting current price levels.