Witnessing the stock’s movement on the chart, on Wednesday Illinois Tool Works, Inc. (NYSE: ITW) set off with pace as it heaved 0.45% to $251.76, before settling in for the price of $250.64 at the close. Taking a more long-term approach, ITW posted a 52-week range of $217.06-$271.15.
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It was noted that the giant of the Industrials sector posted annual sales growth of 2.19% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 5.09%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 4.05%. This publicly-traded company’s shares outstanding now amounts to $299.30 million, simultaneously with a float of $297.79 million. The organization now has a market capitalization sitting at $75.23 billion. At the time of writing, stock’s 50-day Moving Average stood at $260.01, while the 200-day Moving Average is $248.48.
Illinois Tool Works, Inc. (ITW) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Specialty Industrial Machinery industry. Illinois Tool Works, Inc.’s current insider ownership accounts for 0.34%, in contrast to 82.90% institutional ownership. According to the most recent insider trade that took place on Mar 14 ’24, this organization’s SVP & CFO sold 37,167 shares at the rate of 265.06, making the entire transaction reach 9,851,485 in total value, affecting insider ownership by 46,404. Preceding that transaction, on Feb 28 ’24, Company’s SVP & Chief HR Officer sold 11,647 for 262.40, making the whole transaction’s value amount to 3,056,173. This particular insider is now the holder of 25,562 in total.
Illinois Tool Works, Inc. (ITW) Earnings and Revenue Records
Illinois Tool Works, Inc.’s EPS increase for this current 12-month fiscal period is 4.05% and is forecasted to reach 10.92 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 5.11% through the next 5 years, which can be compared against the 5.09% growth it accomplished over the previous five years trading on the market.
Illinois Tool Works, Inc. (NYSE: ITW) Trading Performance Indicators
Let’s observe the current performance indicators for Illinois Tool Works, Inc. (ITW). It’s Quick Ratio in the last reported quarter now stands at 0.96. The Stock has managed to achieve an average true range (ATR) of 3.36. Alongside those numbers, its PE Ratio stands at $25.85, and its Beta score is 1.14. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.67. Similarly, its price to free cash flow for trailing twelve months is now 24.39.
In the same vein, ITW’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 9.74, a figure that is expected to reach 2.36 in the next quarter, and analysts are predicting that it will be 10.92 at the market close of one year from today.
Technical Analysis of Illinois Tool Works, Inc. (ITW)
Going through the that latest performance of [Illinois Tool Works, Inc., ITW]. Its last 5-days volume of 1.22 million was inferior to the volume of 1.25 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 24.39% While, its Average True Range was 3.31.
Raw Stochastic average of Illinois Tool Works, Inc. (ITW) in the period of the previous 100 days is set at 39.73%, which indicates a major rise in contrast to 22.13% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 10.47% that was lower than 12.93% volatility it exhibited in the past 100-days period.
