Consider This Before Taking a Position in ITW

Industrials sector company Illinois Tool Works posted a 5.1% performance today, while the S&P 500 returned 1.3%.

Illinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide. The company is based in Glenview and has 45,000 full time employees. Its market capitalization is $77,341,749,247. Illinois Tool Works currently offers its equity investors a dividend that yields 2.1% per year.

18 analysts are following Illinois Tool Works and have set target prices ranging from $170 to $259 per share. On average, they have given the company a rating of hold. At today's prices, ITW is trading 17.07% away from its average analyst target price of $215.06 per share.

Over the last year, ITW shares have gone down by -0.8%, which represents a difference of 7.2% when compared to the S&P 500. The stock's 52 week high is $247.0 per share and its 52 week low is $173.52. Although Illinois Tool Works's average free cash flow over the last three years has been $2,500,333,333.3, they have been decreasing at an average rate of -7.9%. For this reason, investors may continue to shun the stock.

Date Reported Cash Flow from Operations ($ MM) Capital expenditures ($ MM) Free Cash Flow ($ MM) YoY Growth (%)
2021-12-31 2,557 -296 2,261 -12.06
2020-12-31 2,807 -236 2,571 -3.67
2019-12-31 2,995 -326 2,669 n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.