Illinois Tool Works Clocks 9% Top-Line Growth In Q2
Illinois Tool Works Inc. (NYSE:ITW) reported second-quarter FY22 revenue growth of 9.1% year-over-year to $4.01 billion, +10% on an organic…
China/U.S. Tensions Top Of Mind
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Earnings Scheduled For August 2, 2022
Companies Reporting Before The Bell
• Ferrari (NYSE:RACE) is expected to report quarterly earnings at $1.27 per share on revenue of $1.22 billion.
Here’s How Much $1000 Invested In Illinois Tool Works 20 Years Ago Would Be Worth Today
Illinois Tool Works (NYSE:ITW) has outperformed the market over the past 20 years by 1.84% on an annualized basis producing an average annual return of 9.68%. Currently, Illinois Tool Works has a market capitalization of $64.71 billion.
Analyst Ratings for Illinois Tool Works
Within the last quarter, Illinois Tool Works (NYSE:ITW) has observed the following analyst ratings:
Jefferies Maintains Hold on Illinois Tool Works, Lowers Price Target to $195
Jefferies analyst Stephen Volkmann maintains Illinois Tool Works (NYSE:ITW) with a Hold and lowers the price target from $235 to $195.
$100 Invested In Illinois Tool Works 10 Years Ago Would Be Worth This Much Today
Illinois Tool Works (NYSE:ITW) has outperformed the market over the past 10 years by 2.18% on an annualized basis producing an average annual return of 12.76%. Currently, Illinois Tool Works has a market capitalization of $54.57 billion.
Deutsche Bank Maintains Hold on Illinois Tool Works, Lowers Price Target to $189
Deutsche Bank analyst Nicole Deblase maintains Illinois Tool Works (NYSE:ITW) with a Hold and lowers the price target from $229 to $189.
JP Morgan Maintains Overweight on Illinois Tool Works, Lowers Price Target to $215
JP Morgan analyst Tami Zakaria maintains Illinois Tool Works (NYSE:ITW) with a Overweight and lowers the price target from $255 to $215.
