23.6% Below Target

The consensus Wall Street price target for ITT is $243.33, representing 23.6% upside from the current price of $196.81. With 22 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.

ITT has a consensus rating of "Buy" based on 22 Wall Street analysts. The rating breakdown is predominantly bullish, with 15 Buy/Strong Buy ratings. The consensus 12-month price target of $243.33 implies 23.6% upside from current levels.

ITT trades at a forward P/E of 25.1261x, representing a moderate valuation. With analysts targeting $243.33 (23.6% implied move), the stock appears reasonably valued with upside.

The most bullish Wall Street analyst has a price target of $255 for ITT, while the most conservative target is $230. The consensus of $243.33 represents the median expectation. Our quantitative valuation model projects a bull case target of $316 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

ITT is well covered by analysts, with 22 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 15 have Buy ratings, 7 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month ITT stock forecast based on 22 Wall Street analysts shows a consensus price target of $243.33, with estimates ranging from $230 (bear case) to $255 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $240, with bear/bull scenarios of $151/$316.

Our quantitative valuation model calculates ITT's fair value at $240 (base case), with a bear case of $151 and bull case of $316. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 49/100.

ITT trades at a forward P/E ratio of 25.1x based on next-twelve-months earnings estimates compared to a trailing P/E of 32.2x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Wall Street analysts are very optimistic on ITT, with a "Buy" consensus rating and $243.33 price target (23.6% upside). 15 of 22 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

ITT analyst price targets range from $230 to $255, a 10% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $243.33 consensus represents the middle ground. Our model's $151-$316 range provides an independent fundamental perspective.