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ITT (ITT)

ITT is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the transportation, industrial, and oil and gas markets. Building on its heritage of innovation, ITT partners with its customers to deliver enduring solutions to the key industries that underpin its modern way of life. ITT is headquartered in White Plains, N.Y., with employees in more than 35 countries and sales in approximately 125 countries.

Company profile

Ticker
ITT
Exchange
Website
CEO
Luca Savi
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ITT CORP, ITT Corp, ITT INDUSTRIES INC
SEC CIK
Subsidiaries
AcousticFab, LLC • Axtone Bahntechink GmbH • Axtone GmbH • Axtone S.A. • Axtone s.r.o. • Bolton Insurance Co. • Bolton International • Bombas Goulds de Mexico • Bombas Goulds S.A. • Bornemann Inc. ...
IRS number
135158950

ITT stock data

Calendar

3 May 22
26 Jun 22
31 Dec 22
Quarter (USD) Apr 22 Dec 21 Oct 21 Jul 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 711.2M 711.2M 711.2M 711.2M 711.2M 711.2M
Cash burn (monthly) (no burn) 5.82M (no burn) (no burn) 933.33K 6.76M
Cash used (since last report) n/a 16.33M n/a n/a 2.62M 18.97M
Cash remaining n/a 694.87M n/a n/a 708.58M 692.23M
Runway (months of cash) n/a 119.5 n/a n/a 759.2 102.4

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
23 May 22 Emmanuel Caprais Common Stock Payment of exercise Dispose F No No 69.61 104 7.24K 16,590
19 May 22 Powers Timothy H Common Stock Buy Acquire P No No 69.4782 6,000 416.87K 23,391
18 May 22 Darnis Geraud Common Stock Grant Acquire A No No 0 1,999 0 26,474
18 May 22 Defosset Don Common Stock Grant Acquire A No No 0 1,999 0 28,986
18 May 22 Fanandakis Nicholas C Common Stock Grant Acquire A No No 0 1,999 0 13,837
0.0% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 1 1
Opened positions 0 0
Closed positions 0 0
Increased positions 0 0
Reduced positions 0 0
13F shares Current Prev Q Change
Total value 0 0
Total shares 1 1
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners Shares Value Change
Huntington National Bank 1 $0 0.0%
Largest transactions Shares Bought/sold Change
Huntington National Bank 1 0 0.0%

Financial report summary

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Risks
  • Our operating results and our ability to maintain liquidity or procure capital have been, and may continue to be, adversely affected by unfavorable or uncertain global economic and capital market conditions.
  • Our business has been, and may continue to be, adversely affected by raw material price volatility and the inability of suppliers to meet quality and delivery requirements.
  • Failure to innovate, protect our intellectual property rights, provide high-quality products, or respond to competitors could adversely impact our business and financial results.
  • Our industry is experiencing a skilled labor shortage and if we are unable to hire and retain key personnel, including senior management and engineering talent, our ability to operate or grow our business could be negatively impacted.
  • Due to our operations and sales outside of the U.S., we are subject to inherent business risks, including the imposition of tariffs and significant movements in foreign currency exchange rates, which may adversely affect our financial results.
  • New or recent mergers or acquisitions could present operational challenges and past divestitures and spin-offs may expose us to potential liabilities, all of which could adversely affect our results of operations and financial position.
  • We are subject to risks related to government contracting, including changes in levels of government spending and regulatory and contractual requirements applicable to sales to the U.S. government.
  • Changes in our effective tax rates as a result of changes in the realizability of our deferred tax assets, the geographic mix of earnings, tax examinations or disputes, tax authority rulings, or changes in the tax laws, may adversely affect our financial results.
  • Changes in environmental laws or regulations, the discovery of previously unknown or more extensive contamination, or the failure of a potentially responsible party to perform may adversely affect our financial results.
  • Failure to comply with the U.S. Foreign Corrupt Practices Act or other applicable anti-corruption legislation, as well as export controls and trade sanctions, could result in fines or criminal penalties.
  • We are subject to laws, regulations and potential claims relating to product liability.
  • Anti-takeover provisions in our organizational documents and Indiana law could delay or prevent a change in control.

Content analysis

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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
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Patents

Utility
Coatings for Brake Discs, Method for Reducing Wear and Corrosion and Associated Brake Disc
23 Jun 22
Brake pads are prepared using a formulation of friction material of the copper-free type (Low-Steel or Organic Non-Asbestos) and at least one friction surface of a brake disc, which is intended to cooperate with the brake pad, is covered with an anti-wear and anti-corrosion coating consisting of a surface layer of chromium carbide particles (Cr3C2) dispersed in a metallic matrix consisting of a NiCr alloy, and coupled to a second layer consisting of selected combinations of metallic materials, chosen from the group consisting of: Cr3C2-high density NiCr, NiAl alloys, FeNiCrMoSiC alloys, metallic nickel, NiCr alloys, and/or any combination of the above.
Utility
Coatings for Brake Discs, Method for Reducing Wear and Associated Brake Disc
23 Jun 22
Brake pads are prepared using a LS (Low Steel) or NAO (Non-Asbestos Organics) type friction material formulation and at least one friction surface of a brake disc intended to cooperate in use with a brake pad that is coated with an anti-wear and anti-corrosion coating with adequate plasticity in order to have a reduced propensity to form micro-cracks under conditions of tribo-mechanical stress, chosen from the amongst the group consisting in: particles of chromium carbide (Cr3C2) dispersed within a metallic matrix consisting of an alloy of NiCr; particles of a combination of several metallic materials in order to create a metallic compound consisting of an alloy of FeNiCrMoSiC (iron-nickel-chromium-molybdenum-silicon-carbon).
Utility
Stackable, Configurable Monitoring System for Shock Absorbers
26 May 22
Technologies are generally described for stackable, configurable monitoring systems for shock absorbers or dampers.
Utility
Bearing housing filler plate
24 May 22
An apparatus is provided for providing access to one or more axial proximity probes for monitoring axial position of thrust collars of a pump shaft to enable improved adjustment of the axial proximity probes by the pump operator.
Utility
“Smart” sensor data analytics for equipment diagnosis
10 May 22
A system for performing sensor data analytics for equipment diagnostics featuring an alarm signature and diagnostic detector having a signal processor configured to receive signaling containing information about an alarm signature for sensed data that is time-stamped for captured alarm signature parameters in order to monitor rotary equipment, and also about diagnostic detector signatures for diagnostic detectors related to alarm conditions for the rotary equipment; and determine corresponding signaling containing information about an alarm diagnosis based upon a match between the alarm signature and one of the diagnostic detector signatures contained in the signaling received.