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After finishing at $253.56 in the prior trading day, Illinois Tool Works, Inc (NYSE: ITW) closed at $250.03, down -1.39%. In other words, the price has decreased by -$1.39 from its previous closing price. On the day, 0.75 million shares were traded. ITW stock price reached its highest trading level at $255.95 during the session, while it also had its lowest trading level at $249.91.
Ratios:
Our goal is to gain a better understanding of ITW by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 77.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.79. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 1.36. In the meantime, Its Debt-to-Equity ratio is 2.46 whereas as Long-Term Debt/Eq ratio is at 1.94.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Barclays on December 05, 2024, Upgraded its rating to Equal Weight and sets its target price to $270 from $230 previously.
On November 13, 2024, Evercore ISI Downgraded its rating to Underperform which previously was In-line and also upped its target price recommendation from $246 to $255.
On March 14, 2024, Truist started tracking the stock assigning a Buy rating and target price of $301.Truist initiated its Buy rating on March 14, 2024, with a $301 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 09 ’24 when SMITH DAVID BYRON JR bought 635 shares for $275.20 per share. The transaction valued at 174,752 led to the insider holds 121,811 shares of the business.
Lawler Mary Katherine sold 11,647 shares of ITW for $3,179,049 on Nov 06 ’24. The SVP & Chief HR Officer now owns 26,003 shares after completing the transaction at $272.95 per share. On Nov 06 ’24, another insider, Lawler Mary Katherine, who serves as the Officer of the company, bought 11,647 shares for $272.95 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ITW now has a Market Capitalization of 73833857024 and an Enterprise Value of 81233862656. As of this moment, Illinois’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.63, and their Forward P/E ratio for the next fiscal year is 23.41. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.63 while its Price-to-Book (P/B) ratio in mrq is 21.77. Its current Enterprise Value per Revenue stands at 5.093 whereas that against EBITDA is 17.462.
Stock Price History:
Over the past 52 weeks, ITW has reached a high of $279.13, while it has fallen to a 52-week low of $232.77. The 50-Day Moving Average of the stock is -6.28%, while the 200-Day Moving Average is calculated to be -1.34%.
Shares Statistics:
The stock has traded on average 830.59K shares per day over the past 3-months and 969940 shares per day over the last 10 days, according to various share statistics. A total of 295.30M shares are outstanding, with a floating share count of 294.28M. Insiders hold about 0.34% of the company’s shares, while institutions hold 82.95% stake in the company. Shares short for ITW as of 1734048000 were 5638239 with a Short Ratio of 6.79, compared to 1731628800 on 5528535. Therefore, it implies a Short% of Shares Outstanding of 5638239 and a Short% of Float of 1.9199998999999999.
Dividends & Splits
In the trailing 12 months, ITW’s forward annual dividend rate was 5.7, compared to 5.80 this year. Against a Trailing Annual Dividend Yield of 0.022479886The stock’s 5-year Average Dividend Yield is 2.23.
