Shares of Illinois Tool Works have moved -1.1% today, and are now trading at a price of $232.53. In contrast, the S&P 500 index saw a -0.0% change. Today's trading volume is 294,473 compared to the stock's average volume of 1,021,360.
Illinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide. Based in Glenview, United States the company has 46,000 full time employees and a market cap of $70,314,754,048. Illinois Tool Works currently offers its equity investors a dividend that yields 2.2% per year.
The company is now trading -3.94% away from its average analyst target price of $242.07 per share. The 15 analysts following the stock have set target prices ranging from $183.0 to $264.0, and on average give Illinois Tool Works a rating of hold.
Over the last 52 weeks, ITW stock has risen 26.0%, which amounts to a 6.0% difference compared to the S&P 500. The stock's 52 week high is $264.19 whereas its 52 week low is $180.46 per share. Based on Illinois Tool Works's average net margin growth of 8.0% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-10 | 15,932,000 | 3,034,000 | 19 | 0.0 |
| 2022-02-11 | 14,455,000 | 2,694,000 | 19 | 11.76 |
| 2021-02-12 | 12,574,000 | 2,109,000 | 17 | -5.56 |
| 2020-02-14 | 14,109,000 | 2,521,000 | 18 | 5.88 |
| 2019-02-15 | 14,768,000 | 2,563,000 | 17 | 41.67 |
| 2018-02-15 | 14,314,000 | 1,687,000 | 12 |
