The Latest Breaking News from ITW

Due to Illinois Tool Works’ underperformance relative to SPX over the past year, Wall Street analysts maintain a cautious outlook on the stock’s prospects.

Illinois Tool Works has underperformed the broader market over the past year, and analysts are cautious about the stock’s prospects.

Illinois Tool Works will release its fourth-quarter earnings next month, and analysts anticipate a single-digit bottom-line growth.

As Illinois Tool Works underperformed relative to its industry peers over the past year, Wall Street analysts remain cautious about the stock’s prospects.

The multi-industrial company Illinois Tool Works (ITW) reported strong financial results in the quarter that was recently reported. With its diverse portfolio, solid financial results, and promising industry trends, the company is poised for continued growth. So, should you buy this stock for long-term gains? Read more to find out.

Providing a diverse range of perspectives from bullish to bearish, 7 analysts have published ratings on Illinois Tool Works (NYSE:ITW) in the last three months.

As Illinois Tool Works underperformed relative to the broader market over the past year, Wall Street analysts remain cautious about the stock’s prospects.

Amid robust economic growth, lower borrowing costs, and adoption of cutting-edge technologies, the industrial market’s long-term growth is robust. Hence, fundamentally solid industrial stocks Honeywell International (HON), Illinois Tool Works (ITW), and Cummins (CMI) could be ideal buys for the infrastructure boom. Keep reading.

The industrial sector is set for growth due to reshoring, technological advancements, and increasing demand for sustainable and infrastructure-related projects. Hence, investors might consider investing in Southern Copper (SCCO), Illinois Tool Works (ITW), and Cummins (CMI), which are set to benefit from reshoring trends. Read more….

This month, Illinois Tool Works will report its third-quarter earnings, and analysts predict a marginal drop in its profitability.

Illinois Tool Works has underperformed the industrials sector over the past year, and analysts are cautious about the stock’s prospects.