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Illinois Tool Works, Inc. - Value Alert

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July 30, 2013 – Comments (2) | RELATED TICKERS: ITW

Texas (July 30 2013) Wax Ink has issued a Negative Investment Interest rating for Illinois Tool Works, Inc. (NYSE: ITW) based on a recent baseline equity review which placed fair value between $48-$57.

The recent close of $71.63 is approximately 148% above the fair value buy target for the stock and approximately 21% above the fair value close target for the stock. The recent close is also 3% below analysts’ twelve-month $74.00 median price target for the stock.

The recent close represents a 30% increase in the year over year price of the stock.

The stock currently has a trailing twelve-month PE Ratio of 16, and a PEG Ratio of 1.8 basis estimated forward earnings growth of 9%.

In the past 52 weeks, share prices have moved between a high of $74.07 and a low of $52.80, placing equilibrium at $67.41.

Basis the recent close, the stock is trading 3% below the 52 week high, 26% above the 52 week low, 6% above equilibrium, and has an average daily trading volume of approximately 2 million shares.

Illinois Tool Works, Inc. manufactures and sells a range of industrial products and equipment worldwide.

The company's listed competitors include General Electric Company, The Manitowoc Company, Inc., and Pall Corporation.

Financial information that may be contained herein, is based on the company's most recent annual SEC filing for year ending December 31, 2012. All prices are per share unless otherwise noted.

Wax Ink currently has no investment position in the company mentioned in this alert.

For use by Accredited Investors as defined under Title 17, CFR §230.500, Regulation D.

 

Wax Ink is a baseline equity research company not licensed or registered with any government agency

2 Comments – Post Your Own

#1) On July 31, 2013 at 11:24 AM, lemoneater (81.83) wrote:

Thanks for your succinct analysis about ITW's value. It's not one of my current investments, but I like to get a sense of what others look for in when to invest in what.

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#2) On August 01, 2013 at 5:26 AM, wax (97.03) wrote:

lemoneater;

You are more than welcome.

Wax

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