ITT Inc
ITT: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|!M | LOCK|tt> | LOCK|R>HsNRF |
ITT: Relaunching Coverage on This Wide-Moat Industrial Conglomerate
We assign ITT a fair value estimate of $141 per share upon relaunching coverage. ITT’s value is underpinned by a wide economic moat through which we believe it can produce returns above its cost of capital over the next two decades. We also assign ITT a Standard Capital Allocation Rating, reflecting its stellar balance sheet, reasonable investment decisions, and mixed shareholder distributions.
