Last €31.74 EUR
Change Today +0.126 / 0.40%
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itt corp (ITTA) Snapshot

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52 Week High
09/8/14 - €38.55
52 Week Low
02/4/14 - €27.73
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itt corp (ITTA) Details

ITT Corporation manufactures engineered critical components and customized technology solutions for the energy, transportation, and industrial markets in the United States and internationally. The company operates in four segments: Industrial Process, Motion Technologies, Interconnect Solutions, and Control Technologies. The Industrial Process segment manufactures industrial pumps, valves, and related equipment comprising centrifugal, chemical, slurry and process, and paper stock pumps, as well as vertical, axial flow, multi-stage, and other pumps; twin screw, multiphase boosting system, and progressive cavity pumps; and industrial knife-gate and sanitary diaphragm valves. This segment also offers aftermarket solutions, such as parts supply, inventory optimization, field service, energy and reliability assessments, repairs, upgrades, and overall equipment maintenance; and water treatment systems for offshore oil and gas production platforms. The Motion Technologies segment manufactures engineered and durable components comprising brake pads, shock absorbers, and damping technologies for the transportation industry. The Interconnect Solutions segment designs and manufactures engineered high performance, military-specification, and commercial electrical connectors of various types, such as circular, rectangular, radio frequency, fiber optic, D-sub miniature, micro-miniatur, and cable assemblies for applications in harsh environments that make possible to transfer signal and power. The Control Technologies segment provides engineered aerospace components and industrial products, including fuel management, actuation, and noise absorption components for the aerospace market; and motion control, energy absorption, and vibration isolation products for various industrial markets. The company was formerly known as ITT Industries, Inc. and changed its name to ITT Corporation in July 2006. ITT Corporation was founded in 1920 and is headquartered in White Plains, New York.

9,400 Employees
Last Reported Date: 02/21/14
Founded in 1920

itt corp (ITTA) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $890.4K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $406.5K
Executive Vice President and Interim Presiden...
Total Annual Compensation: $420.0K
Senior Vice President and President of Interc...
Total Annual Compensation: $276.9K
Compensation as of Fiscal Year 2013.

itt corp (ITTA) Key Developments

ITT Corporation Signs a Technology License Agreement with Gabriel India Ltd

ITT Corporation announced that its KONI brand has signed a technology license agreement with Gabriel India Ltd. that will allow the companies to better serve the suspension needs of the Indian commercial vehicle, bus and industrial equipment markets. As part of the agreement, KONI will provide technology that will allow Gabriel to manufacture innovative damper products for the original equipment and aftermarkets in India as well as Bangladesh, Sri Lanka, Nepal and Bhutan. The agreement includes the areas of design, development and manufacture of high-end shock absorbers that offer the latest capabilities for enhancing performance and comfort for both drivers and passengers. This cooperative agreement which will also help serve the evolving needs of the Indian heavy commercial vehicle and luxury bus segments for products that meet the requirements of longer-haul and higher-tonnage vehicles will harness the capabilities of both companies to best serve the needs of all their customers in the region.

Itt Corporation's Cannon Brand Showcases New Generation of RoHS Compliant VG Connector At Electronica 2014

ITT Corporation and its Cannon brand will showcase a new generation of VG95234 connector that provides an alternative to traditional Cadmium plating at electronica 2014. This new signal and power metal bayonet connector series meets the industry demand for products with environmental benefits without compromising the reliable and ruggedized performance necessary for critical defense applications such as ground vehicles. ITT's new VG95234 connectors are designed with zinc cobalt plating instead of traditional Cadmium plating to conform to the RoHS and REACH environmental standards, while also meeting the European Military VG specification. Defense applications have triggered the development of new connector solutions for decades and are governed by national and international standards that ensure consistent availability and product quality. Military applications are moving towards compliance with RoHS and REACH environmental standards to reduce the emission of hazardous materials in product solutions.

ITT's Cannon Brand Showcases New Series of Universal Contact Interconnects for Right Angle Applications

ITT Corporation and its Cannon brand will announce a new offering of Universal Contact connectors for perpendicular/right angle configurations at Electronica 2014. Driven by the medical industry's growing need for a low-cost, reliable solution for right angle mating, ITT has designed this new technology to seamlessly link two printed circuit boards (PCBs) in a wide range of emerging electronic applications, including wearable medical devices. Modern medical devices require connectivity that can be easily mated and unmated without damaging the circuit boards. ITT's new Universal Contact design incorporates a sliding movement allowing for the two PCBs to be perfectly mated together, producing a low contact resistance. The new series of Universal Contact is compliant with RoHS standards, handles more than 2,000 mating cycles and provides more than 1.4N of force when fully deflected, ensuring a superior and reliable interconnect link between the two circuit boards. With wearable wireless medical device sales projected to reach more than 100 million devices annually by 2016, ITT's expanded product line will help meet this growing demand with solutions that are engineered to provide quality and reliability in the most critical applications.


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Valuation ITTA Industry Range
Price/Earnings 20.0x
Price/Sales 1.2x
Price/Book 2.5x
Price/Cash Flow 20.2x
TEV/Sales 1.0x

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