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 -.

Analysts Set New Price Targets

A number of brokerages have issued reports on ITW. Evercore ISI cut Illinois Tool Works from an “in-line” rating to an “underperform” rating and raised their target price for the stock from $246.00 to $255.00 in a report on Wednesday, November 13th. StockNews.com upgraded Illinois Tool Works from a “hold” rating to a “buy” rating in a report on Wednesday, January 22nd. Truist Financial raised their target price on Illinois Tool Works from $312.00 to $318.00 and gave the stock a “buy” rating in a report on Thursday, December 19th. Citigroup reduced their target price on Illinois Tool Works from $279.00 to $265.00 and set a “neutral” rating on the stock in a report on Monday, January 13th. Finally, JPMorgan Chase & Co. reduced their target price on Illinois Tool Works from $300.00 to $295.00 and set an “overweight” rating on the stock in a report on Monday. Two equities research analysts have rated the stock with a sell rating, five have issued 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, the company presently has a consensus rating of “Hold” and a consensus price target of $271.33.

Illinois Tool Works Stock Up 0.2 %

Illinois Tool Works stock traded up $0.62 during midday trading on Thursday, reaching $254.86. The stock had a trading volume of 1,231,154 shares, compared to its average volume of 996,277. The firm’s fifty day simple moving average is $260.77 and its 200-day simple moving average is $257.12. Illinois Tool Works has a 1-year low of $232.77 and a 1-year high of $279.13. The stock has a market capitalization of $75.26 billion, a P/E ratio of 22.05, a price-to-earnings-growth ratio of 3.61 and a beta of 1.11. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.97 and a current ratio of 1.36.

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

Illinois Tool Works Company Profile

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.