On Tuesday, Illinois Tool Works, Inc (NYSE: ITW) was -1.33% drop from the session before settling in for the closing price of $270.06. A 52-week range for ITW has been $232.77 – $277.58.
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Annual sales at Industrials sector company grew by 2.19% over the past five years. When this article was written, the company’s average yearly earnings per share was at 17.43%. With a float of $294.29 million, this company’s outstanding shares have now reached $299.30 million.
Let’s look at the performance matrix of the company that is accounted for 45000 employees. In terms of profitability, gross margin is 43.73%, operating margin of 26.47%, and the pretax margin is 27.37%.
Illinois Tool Works, Inc (ITW) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Illinois Tool Works, Inc stocks. The insider ownership of Illinois Tool Works, Inc is 0.34%, while institutional ownership is 82.97%. The most recent insider transaction that took place on Nov 06 ’24, was worth 3,179,049. In this transaction SVP & Chief HR Officer of this company sold 11,647 shares at a rate of $272.95, taking the stock ownership to the 26,003 shares. Before that another transaction happened on Nov 06 ’24, when Company’s Officer proposed sale 11,647 for $272.95, making the entire transaction worth $3,179,049.
Illinois Tool Works, Inc (ITW) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 2.38 earnings per share (EPS) during the time that was less than consensus figure (set at 2.42) by -0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.53 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 17.43% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.73% during the next five years compared to 5.09% growth over the previous five years of trading.
Illinois Tool Works, Inc (NYSE: ITW) Trading Performance Indicators
You can see what Illinois Tool Works, Inc (ITW) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.97. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.93. Likewise, its price to free cash flow for the trailing twelve months is 28.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 11.56, a number that is poised to hit 2.50 in the next quarter and is forecasted to reach 10.71 in one year’s time.
Technical Analysis of Illinois Tool Works, Inc (ITW)
Illinois Tool Works, Inc (NYSE: ITW) saw its 5-day average volume 0.87 million, a negative change from its year-to-date volume of 1.05 million. As of the previous 9 days, the stock’s Stochastic %D was 23.99%. Additionally, its Average True Range was 4.27.
During the past 100 days, Illinois Tool Works, Inc’s (ITW) raw stochastic average was set at 75.18%, which indicates a significant increase from 33.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.33% in the past 14 days, which was higher than the 17.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $260.93, while its 200-day Moving Average is $252.16. Nevertheless, the first resistance level for the watch stands at $268.12 in the near term. At $269.79, the stock is likely to face the second major resistance level. The third major resistance level sits at $270.79. If the price goes on to break the first support level at $265.45, it is likely to go to the next support level at $264.45. The third support level lies at $262.78 if the price breaches the second support level.
Illinois Tool Works, Inc (NYSE: ITW) Key Stats
There are 295,300K outstanding shares of the company, which has a market capitalization of 78.69 billion. As of now, sales total 16,107 M while income totals 2,957 M. Its latest quarter income was 3,966 M while its last quarter net income were 1,160 M.
