Illinois Tool Works Stock Analysis

Illinois Stock Analysis Notes

About 83.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 2.67. Illinois Tool Works recorded earning per share (EPS) of 9.75. The entity last dividend was issued on the 27th of March 2024. The firm had 2:1 split on the 26th of May 2006. Illinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide. Illinois Tool Works Inc. was founded in 1912 and is based in Glenview, Illinois. Illinois Tool operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 45000 people. To learn more about Illinois Tool Works call Ernest Santi at 847 724 7500 or check out https://www.itw.com.

Illinois Tool Works Investment Alerts

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Illinois Largest EPS Surprises

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Illinois Tool Thematic Classifications

Illinois Stock Institutional Investors

Note, although Illinois Tool's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Illinois Market Capitalization

The company currently falls under 'Large-Cap' category with a total capitalization of 74.88 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Illinois Tool's market, we take the total number of its shares issued and multiply it by Illinois Tool's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Illinois Profitablity

The company has Net Profit Margin of 0.18 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.25 %, which entails that for every 100 dollars of revenue, it generated $0.25 of operating income.

Management Efficiency

Illinois Tool Works has Return on Asset of 0.1646 % which means that on every $100 spent on assets, it made $0.1646 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.9692 %, implying that it generated $0.9692 on every 100 dollars invested. Illinois Tool's management efficiency ratios could be used to measure how well Illinois Tool manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to 0.31 in 2024. Return On Capital Employed is likely to climb to 0.39 in 2024. At this time, Illinois Tool's Non Currrent Assets Other are fairly stable compared to the past year. Other Current Assets is likely to climb to about 300.6 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 6.8 B in 2024.

Technical Drivers

As of the 24th of April, Illinois Tool retains the Market Risk Adjusted Performance of (0.03), risk adjusted performance of (0.01), and Standard Deviation of 0.8161. Illinois Tool technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for Illinois Tool Works, which can be compared to its competitors. Please check out Illinois Tool Works variance and skewness to decide if Illinois Tool is priced fairly, providing market reflects its last-minute price of 251.76 per share. Given that Illinois Tool Works has information ratio of (0.14), we strongly advise you to confirm Illinois Tool Works's regular market performance to make sure the company can sustain itself at a future point.

Illinois Tool Works Price Movement Analysis

Illinois Tool Works Insider Trading Activities

Illinois Tool Outstanding Bonds

Illinois Tool Predictive Daily Indicators

Illinois Tool Corporate Filings

Illinois Tool Forecast Models

Illinois Tool's time-series forecasting models are one of many Illinois Tool's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Illinois Tool's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Illinois Tool prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Illinois shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Illinois Tool. By using and applying Illinois Stock analysis, traders can create a robust methodology for identifying Illinois entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Illinois analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Illinois analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Illinois Tool Works stock analysis indicators help investors evaluate how Illinois Tool stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Illinois Tool shares will generate the highest return on investment. By understating and applying Illinois Tool stock analysis, traders can identify Illinois Tool position entry and exit signals to maximize returns.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Illinois Tool Works. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

When running Illinois Tool's price analysis, check to measure Illinois Tool's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Illinois Tool is operating at the current time. Most of Illinois Tool's value examination focuses on studying past and present price action to predict the probability of Illinois Tool's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Illinois Tool's price. Additionally, you may evaluate how the addition of Illinois Tool to your portfolios can decrease your overall portfolio volatility.

Is Illinois Tool's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Illinois Tool. If investors know Illinois will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Illinois Tool listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Illinois Tool Works is measured differently than its book value, which is the value of Illinois that is recorded on the company's balance sheet. Investors also form their own opinion of Illinois Tool's value that differs from its market value or its book value, called intrinsic value, which is Illinois Tool's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Illinois Tool's market value can be influenced by many factors that don't directly affect Illinois Tool's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Illinois Tool's value and its price as these two are different measures arrived at by different means. Investors typically determine if Illinois Tool is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Illinois Tool's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.