Home Sectors Industrials Trading Results: Illinois Tool Works (NYSE: ITW)

Trading Results: Illinois Tool Works (NYSE: ITW)

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Illinois Tool Works is in the industrial products industry and industrials sector. The company CEO is E. Scott Santi. Illinois Tool Works Inc manufactures diversified range of industrial products and equipment. Its segments are Automotive OEM; Food Equipment; Test and Measurement and Electronics; Welding; Polymers and Fluids; Construction Products; and Specialty Products.

Previous Intraday Trading Performance:

The ITW stock showed a previous change of -3.29% with an open at 145.98 and a close of 141.65. It reached an intraday high of 146.00 and a low of 141.50.

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Liquidity:

The stock has a market cap of $46.5b with 328.1m shares outstanding, of which the float is 326.7m shares. Trading volume reached 1,570,140 shares compared to its average volume of 1,437,622 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Illinois Tool Works shares returned -2.57% and in the past 30 trading days it returned 4.37%. Over three months, it changed 15.53%. In one year it has changed -9.18% and within that year its 52-week high was 160.63 and its 52-week low was 117.75. ITW stock is 20.30% above its 52 Week Low.

Our calculations show a 200 day moving average of 136.50 and a 50 day moving average of 139.21. Currently ITW stock is trading 3.78% above its 200 day moving average and may be a good opportunity to buy.

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Earnings:

The last annual fiscal EPS for the company was reported at 7.6 that ended on 31st of December 2018, which according to the previous close, that is a PE of 18.64. Based on 9 analyst estimates, the consensus EPS for the next quarter is 1.82. The TTM EPS is 7.60, which comes to a TTM PE of 18.64. Historically, the PE high was 36.80 and the PE low was 10.80. If the stock reached its PE low, that would represent a price of 82.07, which is a decrease of -42.06%.

The following are the last four quarter reported earnings per share:
12-31-2018:  1.83
09-30-2018:  1.90
06-30-2018:  1.97
03-31-2018:  1.90

The dividend per share is currently 4.00, which is a dividend yield of 2.82%. Also, the payout ratio is 52.63%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 130.39, which means it may be overvalued by -8.63%

Indicators to Watch:

Based on the latest filings, there is 0.40% of insider ownership and 112.10% of institutional ownership. Short-interest is 5,779,762, which is 1.76% of shares outstanding. The short-interest ratio or days-to-cover ratio is 3.78. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.20

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 65.39%, return on assets is 16.20%, profit margin is 17.36%, price-to-sales is 3.25 and price-to-book is 14.28.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 5  :Past Performance Score
 3  :Financial Strength Score
 2  :Future Growth Score
 5  :Dividend Score
 3  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.