Illinois Tool Works Inc (ITW) Stock Forecast & Price Target
Illinois Tool Works Inc · NYSE
$268.68-1.44 (-0.53%)
15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 9 firms covering Illinois Tool Works Inc, 1 rate it Buy or better, 4 sit at Hold, and 4 rate it Sell or worse, a moderate sell consensus. Targets span $230.00 to $350.00, a moderate spread. The average target of $281.56 sits 5% above the current $268.68. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $2.98 next quarter toward $12.39 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS9 ratings
Moderate Sell
Strong Buy00%
Buy111%
Hold444%
Sell444%
Strong Sell00%
Based on 9 analysts giving stock ratings to Illinois Tool Works Inc.
As of Sep, 1 of 9 firms rate ITW a Buy (4 Hold, 4 Sell), the standing distribution of every covering firm's most recent active call.
ITW EPS & revenue forecast
EPS · NEXT QUARTER
$2.98
Range $2.87 – $3.13 · 11 analysts · +10% YoY
Next period, 11 analysts expect Illinois Tool Works Inc to earn $2.98 a share (range $2.87 – $3.13), versus $2.72 a year earlier. Full-year consensus is $11.45, growing to $12.39 the year after.
REVENUE · NEXT QUARTER
$4.3B
Range $4.2B – $4.3B · 11 analysts · +4% YoY
Revenue is expected to reach $4.3B (range $4.2B – $4.3B), +4.0% year-over-year. Full-year consensus is $16.8B, rising to $17.5B next year.
Top analysts covering Illinois Tool Works Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on ITW.
#1
Nathan Jones
Stifel · Rank #150
Hold
$261.00-2.9% to target
Overall win rate
47%
+ Follow
#2
Julian Mitchell
Barclays · Rank #152
Sell
$250.00-7.0% to target
Overall win rate
43%
+ Follow
#3
Tami Zakaria
JP Morgan · Rank #171
Buy
$350.00+30.3% to target
Overall win rate
49%
+ Follow
#4
SF
Steven Fisher
UBS · Rank #209
Hold
$300.00+11.7% to target
Overall win rate
43%
+ Follow
#5
Andrew Kaplowitz
Citigroup · Rank #211
Hold
$287.00+6.8% to target
Overall win rate
42%
+ Follow
ITW stock forecast FAQ
What is ITW's average 12-month price target?+
The 9 analysts with a live target average $281.56 for Illinois Tool Works Inc over the next 12 months, ranging from a $350.00 high to a $230.00 low.
Is ITW stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Sell. Of the 9 analyst ratings, 1 are Buy or Strong Buy, 4 are Hold, and 4 are Sell or Strong Sell.
What are the highest and lowest price targets for ITW?+
The Street-high target is $350.00 (JP Morgan), and the Street-low is $230.00 (Goldman Sachs). The average of all 9 active targets is $281.56.
How many Wall Street analysts cover ITW?+
9 analysts have an active rating on Illinois Tool Works Inc, and 9 firms carry a live 12-month price target.
Who is the most accurate analyst covering ITW?+
Among analysts who currently cover ITW, Nathan Jones of Stifel has the strongest overall Quantellect track record (Rank #150). Their current call is Hold with a $261.00 target.
What is Illinois Tool Works Inc's projected EPS for next quarter?+
The consensus estimate is $2.98 per share (range $2.87 – $3.13) across 11 analysts. Full-year EPS is projected at $11.45, rising to $12.39 the following year.
How much revenue is Illinois Tool Works Inc expected to report next quarter?+
Consensus revenue is $4.3B (range $4.2B – $4.3B). Full-year revenue is projected at $16.8B, growing to $17.5B next year.
Have analysts been upgrading or downgrading ITW lately?+
As of Sep, 1 of 9 firms rate ITW a Buy (4 Hold, 4 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their ITW calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.