|Bid||133.16 x 800|
|Ask||133.24 x 800|
|Day's Range||132.17 - 134.95|
|52 Week Range||119.38 - 179.07|
|Beta (3Y Monthly)||1.31|
|PE Ratio (TTM)||23.96|
|Earnings Date||Jan 22, 2019 - Jan 28, 2019|
|Forward Dividend & Yield||4.00 (3.09%)|
|1y Target Est||137.22|
Is Illinois Tool Works Inc. (NYSE:ITW) a good equity to bet on right now? We like to check what the smart money thinks first before doing extensive research. Although there have been several high profile failed hedge fund picks, the consensus picks among hedge fund investors have historically outperformed the market after adjusting for known […]
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Industrials sector is rising.
Illinois Tool Works Inc (NYSE:ITW) received a lot of attention from a substantial price movement on the NYSE over the last few months, increasing to $148.44 at one point, and Read More...
On its Investors Day, Illinois Tool (ITW) emphasizes its Enterprise Strategy and provides financial targets for 2019 and the five-year period from 2019 till 2023.
Global equities were lower this morning, and U.S. futures were initially weaker too. Yet all three major stock indexes recovered, inching tentatively into the green.
Glenview, Ill.-based ITW fell after the company said in a statement released ahead of its annual Investor Day that it expected 2019 earnings to range from $7.90 to $8.20 per share, and for operating margins to improve by about 100 basis points. ITW also said it foresees organic revenue growth of 2% to 4%, and reiterated guidance for 2018 at $7.55 to $7.65 in earnings per share. Analysts have been expecting ITW to produce $7.60 in 2018 earnings per share and $8.11 of EPS for 2019.
Illinois Tool Works Inc. set guidance for 2019 on Friday in a release provided ahead of its annual investor day. "We are in the midst of executing a focused and disciplined plan to leverage ITW's powerful proprietary business model and diversified, high quality business portfolio to their full potential," Chief Executive E. Scott Santi said in the release. The company is expecting GAAP 2019 EPS to range from $7.90 to $8.20 and for operating margins to improve by about 100 basis points. The company is still expecting 2018 GAAP EPS of $7.55 to $7.65. The FactSet consensus is for 2018 EPS of $7.60 and 2019 EPS of $8.11. Shares were slightly lower premarket, and have fallen 20% in 2018, while the S&P 500 has gained 0.8%.
GLENVIEW, Ill., Dec. 07, 2018 -- Illinois Tool Works Inc. (NYSE:ITW) will provide an update on the company’s enterprise strategy today at its annual Investor Day and provide.
Illinois Tool (ITW) to gain from high demand in North America, margin expansion, lower taxes, and share buybacks despite high costs of sales and forex.
The 13F filings on September 30 indicated that institutional investors own ~87.9% of Stanley Black & Decker’s (SWK) outstanding shares. A total of 817 institutions hold Stanley Black & Decker. Among the institutions, 323 increased their positions on Stanley Black & Decker, 354 reduced their positions, and 140 maintained their positions.
So far in fiscal 2018, Stanley Black & Decker (SWK) has left investors poorer. On a year-to-date basis, the stock has fallen ~24.3%. Stanley Black & Decker has underperformed Honeywell (HON), Illinois Tool Works (ITW), and 3M (MMM), which have fallen 2.6%, 18.5%, and 15.1%, respectively. The company has also underperformed the broader market S&P 500 (SPY), which has remained flat in 2018.
As of November 26, Stanley Black and Decker (SWK) traded at ~14.8x its one-year forward earnings. In comparison, Illinois Tool Works (ITW) was trading at a one-year forward PE multiple of ~16.90x. The forward PE multiple takes future earnings into consideration.
On October 31, the short interest figures showed that Stanley Black & Decker’s (SWK) short interest fell marginally compared to the previous report. The short interest continues to be on the higher side, which indicates that the negative sentiments towards the stock have increased. As of October 31, Stanley Black & Decker’s short interest as a percentage of its outstanding shares was 2.4%—compared to 2.42% in the previous report.
The big shareholder groups in Illinois Tool Works Inc (NYSE:ITW) have power over the company. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease Read More...
There has been a considerable increase among analysts tracking Illinois Tool Works (ITW) in the past six months. Right now, 21 analysts are actively tracking the stock. Among them, 19% have given the stock “buys,” 76% have given it “holds,” and 5% have given it “sells.”
In the latest short interest report on November 2, the data indicated that Illinois Tool Works’ (ITW) short interest was at its highest point of 2018. According to the report, ITW’s short interest was 1.56% of its outstanding shares compared to 1.27% on October 15. The increase in its short interest suggests a rise in negative sentiments toward the stock. As a result, its short interest ratio is ~3.05x, indicating that it would require three days to cover all of the short positions in the stock.
In the previous article, we looked at Illinois Tool Works’ (ITW) debt position and its debt-to-equity ratio. In this article, we’ll see whether ITW’s free cash flow can help to reduce its debt.
Illinois Tool Works (ITW), a specialized industrial equipment manufacturer, reported debt of $7.40 billion at the end of the third quarter. This debt marked a reduction of $0.93 billion from 2017.