Illinois Tool Works: Underwhelming Growth Prospects Clash With Strong Financials [Seeking Alpha]
Illinois Tool Works Inc. (ITW)
Last illinois tool works inc. earnings: 1/31 08:00 am
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US:NYSE Investor Relations:
investor.itw.com
Company Research
Source: Seeking Alpha
The Automotive segment accounts for the largest share of revenues, followed by Food Equipment, Test & Measurement and Electronics, and Construction Products. Revenue growth has been weak, but there has been an overall improvement in profitability and strong cash flow productivity for ITW. Current valuation multiples indicate an expensively-priced stock. Thesis As broader market uncertainty looms around the industrial sector, mature players in the machinery & components industry like Illinois Tool Works ( NYSE: ITW ) are struggling to establish a desirable growth outlook going forward despite otherwise strong financial performance. In this analysis, I will explore ITW's business model, growth concerns, recent financial performance, and valuation attractiveness, while also highlighting the risks involved. Despite gaining some momentum in late 2023, which has carried over into 2024, ITW still underperforms both the industrial sector and the S&P 500 on a TTM basis. The stock ha
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ITW
News
- Illinois Tool (ITW) to Report Q1 Earnings: What to Expect? [Yahoo! Finance]Yahoo! Finance
- Illinois Tool Works (ITW) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates [Yahoo! Finance]Yahoo! Finance
- Estimating The Intrinsic Value Of Illinois Tool Works Inc. (NYSE:ITW) [Yahoo! Finance]Yahoo! Finance
- 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
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