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Illinois Tool Works (ITW)
NYSE:ITW
Holding ITW?
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ITW Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$217.50 - $271.15
Previous Close$258.06
Volume730.63K
Average Volume (3M)966.21K
Market Cap
$76.62B
Enterprise Value$84.23B
Total Cash (Recent Filing)$862.00M
Total Debt (Recent Filing)$8.47B
Price to Earnings (P/E)25.3
Beta0.94
Next Earnings
Oct 25, 2024EPS Estimate
$2.52Next Dividend Ex-Date
Sep 30, 2024Dividend Yield2.17%
Share Statistics
EPS (TTM)10.20
Shares Outstanding296,900,000
10 Day Avg. Volume868,093
30 Day Avg. Volume966,205
Standard Deviation0.07
R-Squared0.69
Alpha-0.00053
Financial Highlights & Ratios
Price to Book (P/B)25.88
Price to Sales (P/S)4.79
Price to Cash Flow (P/CF)27.90
P/FCF Ratio33.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.26
Enterprise Value/Gross Profit12.40
Enterprise Value/Ebitda11.59
Forecast
1Y Price Target
$245.89Price Target Upside-6.15% Downside
Rating ConsensusHold
Number of Analyst Covering11
Illinois Tool Works News
Bulls Say, Bears Say
Bulls Say
Operating MarginOperating income of $1.054 billion (26.2% margin) exceeded the consensus of $1.034 billion (25.4% margin).
Product InnovationIllinois Tool Works is a broadly diversified global manufacturer with seven growth platforms and a strong track record of product innovation.
Specialty ProductsSpecialty Products showed significant strength with a 6.7% increase in organic sales and a 590 bps increase in margin.
Bears Say
DemandThe company lowered its revenue guide from +1-3% organic (+2-4% all-in) to 'approximately flat,' citing continued moderation in the demand environment.
Guidance2024 sales and EPS guidance midpoints lowered.
RevenueRevenue of $4.027 billion declined 1.2% year/year.
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Ownership Overview
3.08% Insiders
16.92% Mutual Funds
46.37% Other Institutional Investors
33.64% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ITW FAQ
What was Illinois Tool Works’s price range in the past 12 months?
Illinois Tool Works lowest stock price was $217.50 and its highest was $271.15 in the past 12 months.
What is Illinois Tool Works’s market cap?
Currently, no data Available
When is Illinois Tool Works’s upcoming earnings report date?
Illinois Tool Works’s upcoming earnings report date is Oct 25, 2024 which is in 29 days.
How were Illinois Tool Works’s earnings last quarter?
Illinois Tool Works released its earnings results on Jul 30, 2024. The company reported $2.54 earnings per share for the quarter, beating the consensus estimate of $2.473 by $0.067.
Is Illinois Tool Works overvalued?
According to Wall Street analysts Illinois Tool Works’s price is currently Overvalued.
Does Illinois Tool Works pay dividends?
Illinois Tool Works pays a Quarterly dividend of $1.5 which represents an annual dividend yield of 2.17%. See more information on Illinois Tool Works dividends here
What is Illinois Tool Works’s EPS estimate?
Illinois Tool Works’s EPS estimate is $2.52.
How many shares outstanding does Illinois Tool Works have?
Illinois Tool Works has 296,900,000 shares outstanding.
What happened to Illinois Tool Works’s price movement after its last earnings report?
Illinois Tool Works reported an EPS of $2.54 in its last earnings report, beating expectations of $2.473. Following the earnings report the stock price went up 0.532%.
Which hedge fund is a major shareholder of Illinois Tool Works?
Among the largest hedge funds holding Illinois Tool Works’s share is Fisher Asset Management LLC. It holds Illinois Tool Works’s shares valued at 761M.
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Illinois Tool Works Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$245.89 (-6.15% Downside)
$245.89 (-6.15% Downside)
Blogger Sentiment
Bullish
ITW Sentiment 62%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 137.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 0.2%
Last 30 Days ▲ 2.7%
Last 30 Days ▲ 2.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
12.57%
12-Months-Change
Fundamentals
Return on Equity
101.32%
Trailing 12-Months
Asset Growth
-0.48%
Trailing 12-Months
Company Description
Illinois Tool Works
Founded in 1912, Illinois Tool Works, Inc. manufactures and sells industrial products and equipment worldwide. It operates through the following segments: Automotive OEM, Test & Measurement and Electronics, Food Equipment, Polymers & Fluids, Welding, Construction Products, and Specialty Products.
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ITW Company Deck
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ITW Earnings Call
Q2 2024
0:00 / 0:00
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ITW Revenue Breakdown
20.08% Automotive OEM
17.58% Test & Measurement and Electronics
16.28% Food Equipment
12.62% Construction Products
33.54% Other
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ITW Stock 12 Month Forecast
Average Price Target
$245.89
▼(-6.15% Downside)
Technical Analysis
Best Analysts Covering ITW
1 Year
1 Year Success Rate
13/17 ratings generated profit
1 Year Average Return
+6.79%
reiterated a buy rating 2 months ago
Copying John Eade's trades and holding each position for 1 Year would result in 76.47% of your transactions generating a profit, with an average return of +6.79% per trade.
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