Illinois Tool Works Inc (ITW) is a leading specialty industrial machinery business based in the US. It opened the day at $201.09 after a previous close of $202.55. During the day the price has varied from a low of $201 to a high of $204.31. The latest price was $203.56 (25 minute delay). Illinois Tool Works is listed on the NYSE and employs 45,000 staff. All prices are listed in US Dollars.
Since the stock market crash in March caused by coronavirus, Illinois Tool Works's share price has had significant positive movement.
Its last market close was $206.64, which is 8.26% up on its pre-crash value of $189.58 and 78.23% up on the lowest point reached during the March crash when the shares fell as low as $115.94.
If you had bought $1,000 worth of Illinois Tool Works shares at the start of February 2020, those shares would have been worth $669.57 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,171.65.
|52-week range||$113.6744 - $224.69|
|50-day moving average||$207.0764|
|200-day moving average||$194.0876|
|Wall St. target price||$207.76|
|Dividend yield||$4.56 (2.25%)|
|Earnings per share (TTM)||$6.595|
All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
|1 week (2021-01-15)||0.18%|
|1 month (2020-12-23)||0.78%|
|3 months (2020-10-23)||-1.52%|
|6 months (2020-07-23)||10.74%|
|1 year (2020-01-22)||14.68%|
|2 years (2019-01-22)||54.01%|
|3 years (2018-01-22)||17.40%|
|5 years (2016-01-22)||147.76%|
Valuing Illinois Tool Works stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Illinois Tool Works's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Illinois Tool Works's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 31x. In other words, Illinois Tool Works shares trade at around 31x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Illinois Tool Works's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.795. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Illinois Tool Works's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Illinois Tool Works's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $3.3 billion (£2.4 billion).
The EBITDA is a measure of a Illinois Tool Works's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$12.6 billion|
|Operating margin TTM||22.59%|
|Gross profit TTM||$5.9 billion|
|Return on assets TTM||11.87%|
|Return on equity TTM||74.4%|
|Market capitalisation||$64.1 billion|
TTM: trailing 12 months
There are currently 3.7 million Illinois Tool Works shares held short by investors – that's known as Illinois Tool Works's "short interest". This figure is 17.9% down from 4.5 million last month.
There are a few different ways that this level of interest in shorting Illinois Tool Works shares can be evaluated.
Illinois Tool Works's "short interest ratio" (SIR) is the quantity of Illinois Tool Works shares currently shorted divided by the average quantity of Illinois Tool Works shares traded daily (recently around 1.3 million). Illinois Tool Works's SIR currently stands at 2.86. In other words for every 100,000 Illinois Tool Works shares traded daily on the market, roughly 2860 shares are currently held short.
However Illinois Tool Works's short interest can also be evaluated against the total number of Illinois Tool Works shares, or, against the total number of tradable Illinois Tool Works shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Illinois Tool Works's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Illinois Tool Works shares in existence, roughly 10 shares are currently held short) or 0.0124% of the tradable shares (for every 100,000 tradable Illinois Tool Works shares, roughly 12 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Illinois Tool Works.
Find out more about how you can short Illinois Tool Works stock.
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Illinois Tool Works.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 24.97
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Illinois Tool Works's overall score of 24.97 (as at 01/01/2019) is pretty good – landing it in it in the 27th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Illinois Tool Works is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 11.24/100
Illinois Tool Works's environmental score of 11.24 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that Illinois Tool Works is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 13.29/100
Illinois Tool Works's social score of 13.29 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that Illinois Tool Works is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 12.95/100
Illinois Tool Works's governance score puts it squarely in the 9th percentile of companies rated in the same sector. That could suggest that Illinois Tool Works is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. A high-profile company, Illinois Tool Works scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Illinois Tool Works has, for the most part, managed to keep its nose clean.
|Total ESG score||24.97|
|Total ESG percentile||27.46|
|Environmental score percentile||9|
|Social score percentile||9|
|Governance score percentile||9|
|Level of controversy||2|
Dividend payout ratio: 64.78% of net profits
Recently Illinois Tool Works has paid out, on average, around 64.78% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.25% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Illinois Tool Works shareholders could enjoy a 2.25% return on their shares, in the form of dividend payments. In Illinois Tool Works's case, that would currently equate to about $4.56 per share.
Illinois Tool Works's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Illinois Tool Works's most recent dividend payout was on 14 January 2021. The latest dividend was paid out to all shareholders who bought their shares by 30 December 2020 (the "ex-dividend date").
Illinois Tool Works's shares were split on a 2:1 basis on 26 May 2006. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Illinois Tool Works shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Illinois Tool Works shares which in turn could have impacted Illinois Tool Works's share price.
Over the last 12 months, Illinois Tool Works's shares have ranged in value from as little as $113.6744 up to $224.69. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Illinois Tool Works's is 1.0955. This would suggest that Illinois Tool Works's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Illinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide. It operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products. The Automotive OEM segment offers plastic and metal components, fasteners, and assemblies for automobiles, light trucks, and other industrial uses. The Food Equipment segment provides warewashing, cooking, refrigeration, and food processing equipment; kitchen exhaust, ventilation, and pollution control systems; and food equipment maintenance and repair services. The Test & Measurement and Electronics segment produces equipment, consumables, and related software for testing and measuring of materials and structures, as well as equipment and consumables used in the production of electronic subassemblies and microelectronics. The Welding segment produces arc welding equipment; and metal arc welding consumables and related accessories. The Polymers & Fluids segment produces adhesives, sealants, lubrication and cutting fluids, and fluids and polymers for auto aftermarket maintenance and appearance. The Construction Products segment offers engineered fastening systems and solutions for the residential construction, renovation/remodel, and commercial construction markets. The Specialty Products segment offers beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners. It serves the automotive OEM/tiers, commercial food equipment, construction, general industrial, and automotive aftermarket end markets. The company distributes its products directly to industrial manufacturers, as well as through independent distributors. Illinois Tool Works Inc. was founded in 1912 and is headquartered in Glenview, Illinois.
Both IG and Plus500 are leading brokers for CFDs. They both have some handy tools to give you the information you need to trade contracts for difference.
Learn more about Transportation and Logistics Systems’ recent performance and where you can invest in Transportation and Logistics Systems shares. We also run through some helpful rules of thumb for any investor.
Learn more about Charlie’s Holdings’ recent performance and where you can invest in Charlie’s Holdings shares. We also run through some helpful rules of thumb for any investor.
Learn more about Lemonade’s recent performance and where you can invest in Lemonade shares. We also run through some helpful rules of thumb for any investor.
Learn more about Unity Software’s recent performance and where you can invest in Unity Software shares. We also run through some helpful rules of thumb for any investor
Learn more about FuelCell Energy’s recent performance and where you can invest in FuelCell Energy shares. We also run through some helpful rules of thumb for any investor.
Learn more about CloudCommerce’s recent performance and where you can invest in CloudCommerce shares. We also run through some helpful rules of thumb for any investor
Ever wondered how to buy shares in Zomedica Pharmaceuticals? We explain how and compare a range of providers that can give you access to many brands, including Zomedica Pharmaceuticals.
Ever wondered how to buy shares in YRC Worldwide? We explain how and compare a range of providers that can give you access to many brands, including YRC Worldwide.
Ever wondered how to buy shares in Xeros Technology Group? We explain how and compare a range of providers that can give you access to many brands, including Xeros Technology Group.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.