ITT Inc. (ITT) · wyniki II kw. 2026 i wycena

Przy wzroście 9,6% rocznie (3-letni wzrost przychodów) wartość godziwa z modelu to $106.13 na akcję — kurs jest o 90% powyżej niej. Obecna cena zakłada wzrost o 16,7% rocznie.

1. Główny temat

   CCT delivered 23% operating income growth to a margin of 21.7%

   Cytat ze źródła

   “Our strong top line performance contributed to operating income growth of 55% and margin expansion of 40 basis points, supported... And finally, Flow Technologies grew 21% organically, driven by strong project shipments and from strength in short cycle, which was up 10% year-over-year. CCT delivered 23% operating income growth to a margin of 21.7%, a 100 basis point expansion, driven by increased...”

2. Prognoza ↑

   Adjusted 2026 EPS outlook raised to $8.22 at the midpoint on strong first half momentum.

   Cytat ze źródła

   “As a result of the momentum we generated in the first half of the year, we are raising our adjusted EPS outlook for 2026 to $8.22 at the midpoint.”

3. Prognoza

   ITT expects to expand margin sequentially throughout the year due to cost synergy realization and other productivity initiatives.

   Cytat ze źródła

   “We expect to expand margin sequentially throughout the year from cost synergy realization and other productivity initiatives.”

4. Poprzedni okres

   On profitability, operating income grew 42% and margin expanded 130 basis points, primarily driven by strong operational performance in ITT's legacy…

   Cytat ze źródła

   “On profitability, operating income grew 42% and margin expanded 130 basis points, primarily driven by strong operational performance in our legacy... NXPX FLOW added 17 points of growth to IT. MT operating income grew 22% for a margin of 21.1% as the team drove net productivity of 220 basis points.”

Management sounded noticeably less positive answering analysts than in its prepared script — one of the biggest drops of any company call. Scripts are polished in advance; a drop under questioning often marks the topics analysts pressed on, so the answers deserve a closer read than the script.

Zdania, które wpłynęły na ton

“Our strong top line performance contributed to operating income growth of 55% and margin expansion of 40 basis points, supported further by the full quarter of SPX FLOW as well...”

“We have a path to our high single-digit growth commitment with orders in the first half of the year growing 7% and revenue growing 9% year-to-date, resulting in a book-to-bill...”

“And finally, Flow Technologies grew 21% organically, driven by strong project shipments and from strength in short cycle, which was up 10% year-over-year.”