|Day's Range||145.93 - 147.89|
|52 Week Range||111.50 - 150.29|
|PE Ratio (TTM)||24.74|
|Dividend & Yield||2.60 (1.78%)|
|1y Target Est||N/A|
We expect better operating conditions in the industry, higher infrastructure spending and government's growth-friendly policies to benefit machinery stocks in Q2 earnings.
Illinois Tool Works (ITW) is seeing encouraging earnings estimate revision activity as of late and carries a favorable rank, positioning the company for a likely beat this season.
Illinois Tool Works Inc. (ITW) is expected to benefit from improving market conditions, benefits from strategic initiatives and acquired assets in second-quarter 2017 earnings.