Stock price performance of Illinois Tool Works Inc. is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 2.66% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 6.33% . Looking at the past 52 week period, the stock price is up at 40.7% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Illinois Tool Works Inc. has a positive value of 19.54 compared to overall market. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 4.21% and the 50-Day Moving Average is 3.71%.The 200 Day SMA reached 12.97%
Illinois Tool Works Inc. is having a Relative Strength Index of 58.93 which indicates the stock is not yet over sold or over bought based on the technical indicators. Illinois Tool Works Inc. (NYSE:ITW) has tumbled 1.28% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 3.52% in the last four weeks. The stocks have underperformed the S&P 500 by 1.4% during the past week but Illinois Tool Works Inc. (NYSE:ITW) it has outperformed the index in 4 weeks by 2.6%.
Company has reported several Insider transactions to the SEC, on Dec 16, 2016, Ernest Scott Santi (Chairman & CEO) sold 25 shares at 125.44 per share price.On Dec 9, 2016, Sundaram Nagarajan (Executive Vice President) sold 4,560 shares at 126.24 per share price.On Nov 23, 2016, Michael R. Zimmerman (Executive Vice President) sold 9,238 shares at 123.63 per share price.
Illinois Tool Works Last issued its quarterly earnings results on Jan 25, 2017. The company reported $1.39 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $1.37. The company had revenue of $3399.00 million for the quarter, compared to analysts expectations of $3409.75 million. The companys revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.23 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Stifel on Dec 5, 2016 to Buy, Raises Price Target to $ 135 from a previous price target of $123 .Company shares were Reiterated by RBC Capital Mkts on Dec 5, 2016 to Sector Perform, Raises Price Target to $ 118 from a previous price target of $116 .Illinois Tool Works was Downgraded by Goldman to Neutral on Nov 21, 2016.
Illinois Tool Works Inc. (NYSE:ITW) : On Friday heightened volatility was witnessed in Illinois Tool Works Inc. (NYSE:ITW) which led to swings in the share price. The stock opened for trading at $127.6 and hit $127.66 on the upside , eventually ending the session at $127.21, with a gain of 0.18% or 0.23 points. The heightened volatility saw the trading volume jump to 1,486,894 shares. The 52-week high of the share price is $130.16 and the company has a market cap of $44,651 million. The 52-week low of the share price is at $88 .
Illinois Tool Works, Inc. manufactures and markets a variety of products and systems that provide specific, problem-solving solutions for a diverse customer base worldwide. The companys business units are divided into six segments: Engineered Products-North America; Engineered Products-International; Specialty Systems-North America; Specialty Systems-International; Consumer Products; and Leasing and Investments.