Illinois Tool Works (NYSE:ITW) Issues FY 2025 Earnings Guidance

Illinois Tool Works (NYSE:ITW) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 10.150-10.550 for the period, compared to the consensus estimate of 10.650. The company issued revenue guidance of -.

Illinois Tool Works Stock Down 0.1 %

Shares of NYSE ITW traded down $0.28 during midday trading on Wednesday, reaching $254.40. The company’s stock had a trading volume of 2,100,062 shares, compared to its average volume of 964,379. The company has a current ratio of 1.36, a quick ratio of 0.97 and a debt-to-equity ratio of 1.94. Illinois Tool Works has a fifty-two week low of $232.77 and a fifty-two week high of $279.13. The stock has a 50 day simple moving average of $261.20 and a 200-day simple moving average of $257.14. The stock has a market capitalization of $75.12 billion, a price-to-earnings ratio of 22.01, a PEG ratio of 3.61 and a beta of 1.11.

Illinois Tool Works (NYSE:ITW) last posted its earnings results on Wednesday, February 5th. The industrial products company reported $2.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.50 by $0.04. Illinois Tool Works had a net margin of 21.66% and a return on equity of 97.06%. Equities research analysts predict that Illinois Tool Works will post 10.14 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on ITW shares. Robert W. Baird upped their price objective on Illinois Tool Works from $240.00 to $250.00 and gave the company a “neutral” rating in a research note on Thursday, October 31st. Jefferies Financial Group upped their price target on Illinois Tool Works from $255.00 to $290.00 and gave the stock a “hold” rating in a research note on Friday, December 6th. Citigroup reduced their price objective on shares of Illinois Tool Works from $279.00 to $265.00 and set a “neutral” rating for the company in a report on Monday, January 13th. Evercore ISI lowered shares of Illinois Tool Works from an “in-line” rating to an “underperform” rating and upped their target price for the stock from $246.00 to $255.00 in a research note on Wednesday, November 13th. Finally, Barclays reduced their price target on shares of Illinois Tool Works from $270.00 to $265.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 8th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Illinois Tool Works presently has a consensus rating of “Hold” and an average target price of $272.67.

About Illinois Tool Works

Illinois Tool Works Inc manufactures and sells industrial products and equipment in the United States and internationally. It operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products.