Watch Illinois Tool Works Inc. (ITW) Thoroughly If Stock Pulls Back

SCHEUNEMAN RANDALL J, VP & Chief Accounting Officer, subtracted 14,931 shares of Illinois Tool Works Inc. (ITW) from its portfolio at the rate of $150.17 per share valuing $2,242,188 on Jun 07. The insider left behind 6,672 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Illinois Tool Works Inc. (ITW) was $150.50. Currently, the 1st Resistance Point for this stock is $152.14, with a 2nd Resistance Point sitting at $153.78. Meanwhile, this company’s stock has a 1st Support Level at $149.39 and a 2nd Support Level at $148.27. Illinois Tool Works Inc. (ITW) stock has gained $3.33, or 2.26%, in the past five days. In the last full month, these shares have lost -$2.26, or -1.48%. In the past three months, this stock’s price has risen by $6.52, or 4.53%. This year-to-date, Illinois Tool Works Inc. (ITW) shares have gained $23.81, or 18.79%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Illinois Tool Works Inc. (ITW) stock, 40% of short-term indicators suggest that these shares are a “ Hold .” Meanwhile, 25% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 67% of long-term indicators suggest that this stock is a “ Buy .”

With 325,775 K shares outstanding, this company currently has a market capitalization of $49,648,108K. Illinois Tool Works Inc. (ITW) generates $14,768 M in annual sales, amounting to annual net income of $2,563 M. This stock has generated a 1-Year Total Return of 0.37%, a 3-Year Total Return of 41.66%, and a 5-year Total Return of 68.38%. This stock’s 5-Year Dividend Growth is 122.50%, with its most recent dividend valued at $1.000 per share on 03/28/19. Its Annual Dividend Yield is 2.63%, and its Annual Dividend Rate is 4.00.

In the most recently-reported fiscal quarter, which ended in Mar-19, Illinois Tool Works Inc. (ITW) reported earnings of $1.81 per share. Wall Street analysts, on average, were expecting the company to report earnings of $1.80 per share, representing a 0.01 difference and 0.37% surprise. In the previous quarter ending in Dec-18, the reported earnings of $1.83 represented a 0.01 difference from the consensus estimate calling for $1.82 per share, which was a 0.74% surprise.

For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $2.00 per share. This estimate came from a total of 9 Wall Street Analysts. Of those market experts, the high estimate was $2.08 and the low estimate was $1.90. In the year-ago quarter, Illinois Tool Works Inc. (ITW) generated per-share earnings of $1.97. If the analysts are correct about the current quarter’s earnings, the growth will be +1.52%.

Turning our focus now to insider trading activity, there have been 11 purchases (24,461 shares in total) and 1 sale (14,323 shares in total) in the last 3 months. In the last 6 months, there have been 33 insider buys amounting to 235,224 shares and 18 insider sales amounting to 238,676 shares. In the past full year, 51 insider purchases were made (involving 406,769 shares) and 27 insider sell-offs equivalent to 433,794 shares.

Moving onto liquidity, Illinois Tool Works Inc. (ITW) has a Current Ratio of 1.63, a Quick Ratio of 1.25 and a Cash Ratio of 0.42. Looking at this company’s capital structure, its Total Debt to Total Equity is 226.80, its Total Debt to Total Capital is 69.40, and its Total Debt to Total Assets is now 49.63. Looking even further ahead into the future, its Long-Term Debt to Equity is 185.28 and its Long-Term Debt to Total Capital is 56.70.