Should You Be Tempted To Sell Illinois Tool Works Inc. (NYSE:ITW) Because Of Its P/E Ratio? [Yahoo! Finance News]
Illinois Tool Works Inc. (ITW)
Last illinois tool works inc. earnings: 1/31 08:00 am
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investor.itw.com
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Source: Yahoo! Finance News
This article is for investors who would like to improve their understanding of price to earnings ratios P/E ratios). We'll show how you can use Illinois Tool Works Inc.'s NYSE:ITW Illinois Tool Works's P/E ratio is 23.55 View our latest analysis for Illinois Tool Works How Do I Calculate Illinois Tool Works's Price To Earnings Ratio? The formula for price to earnings Price to Earnings Ratio = Share Price ÷ Earnings per Share EPS) Or for Illinois Tool Works: P/E of 23.55 = $179.63 ÷ $7.63 Based on the year to September 2019.) Is A High P/E Ratio Good? A higher P/E ratio implies that investors pay a higher price How Does Illinois Tool Works's P/E Ratio Compare To Its Peers? The P/E ratio essentially measures market expectations of a company. You can see in the image below that the average P/E 22.8) for companies in the machinery industry is roughly the same as Illinois Tool Works's P/E. Illinois Tool Works's P/E tells us that market participants think its prospects are roughly in line
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News
- To gain efficiency and spark growth, Killer Brownie got in the 'Fastlane' [Yahoo! Finance]Yahoo! Finance
- Down -5.68% in 4 Weeks, Here's Why You Should You Buy the Dip in Illinois Tool Works (ITW) [Yahoo! Finance]Yahoo! Finance
- Chemical Anchors Market Size is expected to reach USD 1,592.88 million by 2031, growing at a CAGR of 4.10%: Straits Research [Yahoo! Finance]Yahoo! Finance
- ITW Schedules First Quarter 2024 Earnings WebcastGlobeNewswire
- With 82% institutional ownership, Illinois Tool Works Inc. (NYSE:ITW) is a favorite amongst the big guns [Yahoo! Finance]Yahoo! Finance
ITW
Earnings
- 2/1/24 - Beat
ITW
Sec Filings
- 3/25/24 - Form DEFA14A
- 3/22/24 - Form DEFA14A
- 3/22/24 - Form DEF
- ITW's page on the SEC website