ITT Inc. (ITT) Reaches $56.60 52-Week High; ESCO Technologies Inc. (ESE) Covered By 5 Bullish Analysts Last Week

January 23, 2018 - By Marguerite Chambers

Among 8 analysts covering ESCO Technologies (NYSE:ESE), 5 have Buy rating, 1 Sell and 2 Hold. Therefore 63% are positive. ESCO Technologies had 11 analyst reports since August 12, 2015 according to SRatingsIntel. Euro Pacific Capital initiated it with “Buy” rating and $7 target in Monday, October 12 report. On Wednesday, May 4 the stock rating was maintained by BB&T Capital with “Buy”. The company was upgraded on Tuesday, November 21 by Needham. The company was maintained on Wednesday, August 12 by Canaccord Genuity. The rating was upgraded by Zacks on Friday, August 28 to “Sell”. Needham maintained ESCO Technologies Inc. (NYSE:ESE) on Monday, October 16 with “Hold” rating. See ESCO Technologies Inc. (NYSE:ESE) latest ratings:

06/12/2017 Broker: Stephens Rating: Hold New Target: $65.0
21/11/2017 Broker: Needham Rating: Buy Upgrade
15/11/2017 Broker: FBR Capital Rating: Buy New Target: $71.0
16/10/2017 Broker: Needham Rating: Hold Maintain

The stock of ITT Inc. (NYSE:ITT) hit a new 52-week high and has $60.56 target or 7.00% above today’s $56.60 share price. The 8 months bullish chart indicates low risk for the $4.98B company. The 1-year high was reported on Jan, 23 by Barchart.com. If the $60.56 price target is reached, the company will be worth $348.67 million more. The stock increased 0.32% or $0.18 during the last trading session, reaching $56.6. About 516,590 shares traded. ITT Inc. (NYSE:ITT) has risen 17.72% since January 23, 2017 and is uptrending. It has outperformed by 1.02% the S&P500.

Analysts await ITT Inc. (NYSE:ITT) to report earnings on February, 13. They expect $0.58 earnings per share, up 20.83% or $0.10 from last year’s $0.48 per share. ITT’s profit will be $51.04 million for 24.40 P/E if the $0.58 EPS becomes a reality. After $0.66 actual earnings per share reported by ITT Inc. for the previous quarter, Wall Street now forecasts -12.12% negative EPS growth.

Since September 19, 2017, it had 0 insider buys, and 1 sale for $214,500 activity. 5,000 shares valued at $214,500 were sold by Gustafsson Mary Elizabeth on Tuesday, September 19.

Among 12 analysts covering ITT Corp (NYSE:ITT), 10 have Buy rating, 0 Sell and 2 Hold. Therefore 83% are positive. ITT Corp has $63.0 highest and $31 lowest target. $49.10’s average target is -13.25% below currents $56.6 stock price. ITT Corp had 28 analyst reports since September 1, 2015 according to SRatingsIntel. The stock of ITT Inc. (NYSE:ITT) has “Buy” rating given on Friday, June 10 by Seaport Global. Deutsche Bank upgraded ITT Inc. (NYSE:ITT) on Monday, October 9 to “Buy” rating. On Friday, September 15 the stock rating was maintained by Stifel Nicolaus with “Buy”. The company was maintained on Thursday, January 18 by KeyBanc Capital Markets. The company was reinitiated on Wednesday, June 29 by KeyBanc Capital Markets. Bank of America upgraded the stock to “Buy” rating in Monday, January 9 report. The rating was maintained by Barclays Capital on Monday, October 5 with “Equal-Weight”. On Friday, August 4 the stock rating was maintained by Oppenheimer with “Buy”. The firm earned “Outperform” rating on Tuesday, September 1 by Cowen & Co. KeyBanc Capital Markets maintained it with “Buy” rating and $50.0 target in Monday, September 25 report.

ITT Inc. manufactures and sells engineered critical components and customized technology solutions for the energy, transportation, and industrial markets worldwide. The company has market cap of $4.98 billion. The firm operates in four divisions: Industrial Process, Motion Technologies, Interconnect Solutions, and Control Technologies. It has a 24.52 P/E ratio. The Industrial Process segment makes industrial pumps, valves, and plant optimization systems; and centrifugal pumps, vertical centrifugal pumps, twin screw pumps, and water systems, as well as aftermarket solutions, such as repairs and upgrades services.

Investors sentiment decreased to 0 in Q3 2017. Its down 0.01, from 0.01 in 2017Q2. It dived, as 0 investors sold ITT Inc. shares while 0 reduced holdings. 0 funds opened positions while 0 raised stakes. 1,977 shares or 0.00% without change from 1,977 shares in 2017Q2 were reported. Amer Rech, Massachusetts-based fund reported 305 shares. United Fire Group Incorporated holds 1,250 shares. Gemmer Asset Management Limited Liability Corporation reported 372 shares. Vantage Advsrs Limited Liability Corporation, a Pennsylvania-based fund reported 50 shares.

The stock decreased 1.33% or $0.85 during the last trading session, reaching $62.9. About 37,395 shares traded. ESCO Technologies Inc. (NYSE:ESE) has risen 46.33% since January 23, 2017 and is uptrending. It has outperformed by 29.63% the S&P500.

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