Revenue Estimates Analysis: Illinois Tool Works Inc. (NYSE:ITW)


Illinois Tool Works Inc. (NYSE:ITW) will report its next earnings on 20-Oct-16. The company reported the earnings of $1.46/Share in the last quarter where the estimated EPS by analysts was $1.4/share. The difference between the expected and actual EPS was $0.06/share, which represents an Earnings surprise of 4.3%.

Many analysts are providing their Estimated Earnings analysis for Illinois Tool Works Inc. and for the current quarter 18 analysts have projected that the stock could give an Average Earnings estimate of $1.49/share. These analysts have also projected a Low Estimate of $1.44/share and a High Estimate of $1.52/share.

In case of Revenue Estimates, 15 analysts have provided their consensus Average Revenue Estimates for Illinois Tool Works Inc. as 3.5 Billion. According to these analysts, the Low Revenue Estimate for Illinois Tool Works Inc. is 3.46 Billion and the High Revenue Estimate is 3.58 Billion. The company had Year Ago Sales of 3.35 Billion.

These analysts also forecasted Growth Estimates for the Current Quarter for ITW to be 7.2%. They are projecting Next Quarter growth of 12.2%. For the next 5 years, Illinois Tool Works Inc. is expecting Growth of 8.28% per annum, whereas in the past 5 years the growth was 8.22% per annum.

Some buy side analysts are also providing their Analysis on Illinois Tool Works Inc., where 6 analysts have rated the stock as Strong buy, 4 analysts have given a Buy signal, 9 said it’s a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)

When it comes to the Analysis of a Stock, Price Target plays a vital role. 15 Analysts reported that the Price Target for Illinois Tool Works Inc. might touch $135 high while the Average Price Target and Low price Target is $120.27 and $111 respectively.

To analyze a stock, one should look for Upgrades and Downgrades of a stock. Illinois Tool Works Inc. got Downgrade on 23-Jun-16 where investment firm Robert W. Baird Downgrade the stock from Outperform to Neutral.

Illinois Tool Works Inc. closed its last trading session at $116.07 with the loss of -0.85%. The Market Capitalization of the company stands at 40.83 Billion. The Company has 52-week high of $123.5 and 52-week low of $79.15. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -2.38% where SMA50 and SMA200 are -2.43% and 10.3% respectively. The Company Touched its 52-Week High on Sep 2, 2016 and 52-Week Low on Jan 20, 2016.

The Relative Volume of the company is 1.26 and Average Volume (3 months) is 1.42 million. Illinois Tool Works Inc. P/E (price to earnings) ratio is 21.42 and Forward P/E ratio of 18.76.

The company shows its Return on Assets (ROA) value of 12.5%. The Return on Equity (ROE) value stands at 38.2%. While it’s Return on Investment (ROI) value is 16.2%.

While looking at the Stock’s Performance, Illinois Tool Works Inc. currently shows a Weekly Performance of 0.03%, where Monthly Performance is -1.24%, Quarterly performance is 1.31%, 6 Months performance is 11.51% and yearly performance percentage is 40.02%. Year to Date performance value (YTD perf) value is 26.24%. The Stock currently has a Weekly Volatility of 1.21% and Monthly Volatility of 1.35%.