(VIANEWS) – The NYSE opens in less than hour and Illinois Tool Works‘s pre-market value is already 5.1% down.
Illinois Tool Works’s last close was $268.33, 0.45% above its 52-week high of $267.12.
The last session, NYSE ended with Illinois Tool Works (ITW) rising 0.04% to $268.33. NYSE jumped 0.31% to $18,312.67, after two sequential sessions in a row of gains, on what was a somewhat bullish trend trading session.
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. The Automotive OEM segment offers plastic and metal components, fasteners, and assemblies for automobiles, light trucks, and other industrial uses. The Food Equipment segment provides warewashing, refrigeration, cooking, and food processing equipment; kitchen exhaust, ventilation, and pollution control systems; and food equipment maintenance and repair services. The Test & Measurement and Electronics segment produces and sells equipment, consumables, and related software for testing and measuring of materials and structures, as well as equipment and consumables used in the production of electronic subassemblies and microelectronics. The Welding segment produces arc welding equipment; and metal arc welding consumables and related accessories. The Polymers & Fluids segment produces adhesives, sealants, lubrication and cutting fluids, and fluids and polymers for auto aftermarket maintenance and appearance. The Construction Products segment offers engineered fastening systems and solutions for the residential construction, renovation/remodel, and commercial construction markets. The Specialty Products segment provides beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners. It serves the automotive OEM and tiers, MRO, commercial food equipment, construction, general industrial, industrial capital goods, consumer durables, automotive aftermarket end, and other markets. The company distributes its products directly to industrial manufacturers, as well as through independent distributors. Illinois Tool Works Inc. was founded in 1912 and is based in Glenview, Illinois.
Earnings Per Share
As for profitability, Illinois Tool Works has a trailing twelve months EPS of $9.74.
PE Ratio
Illinois Tool Works has a trailing twelve months price to earnings ratio of 27.55. Meaning, the purchaser of the share is investing $27.55 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 96.92%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 0.9% and 2%, respectively.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 27, 2024, the estimated forward annual dividend rate is 5.6 and the estimated forward annual dividend yield is 2.14%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Illinois Tool Works’s EBITDA is 5.3.
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