Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day up 0.9%. By the end of trading, Illinois Tool Works rose $1.06 (1.8%) to $61.33 on average volume. Throughout the day, 2.7 million shares of Illinois Tool Works exchanged hands as compared to its average daily volume of 2.8 million shares. The stock ranged in a price between $60.56-$61.50 after having opened the day at $60.89 as compared to the previous trading day's close of $60.27. Other companies within the Industrial industry that increased today were:
), up 20%,
), up 11.2%,
), up 10.3%, and
), up 10.3%.
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Illinois Tool Works Inc. manufactures various industrial products and equipment worldwide. Illinois Tool Works has a market cap of $28.26 billion and is part of the industrial goods sector. The company has a P/E ratio of 14.7, above the average industrial industry P/E ratio of 12.3 and below the S&P 500 P/E ratio of 17.7. Shares are up 29% year to date as of the close of trading on Tuesday. Currently there are nine analysts that rate Illinois Tool Works a buy, one analyst rates it a sell, and seven rate it a hold.
TheStreet Ratings rates Illinois Tool Works as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
- You can view the full Illinois Tool Works Ratings Report.
On the negative front,
), down 23%,
), down 14%,
), down 13.3%, and
), down 9%, were all laggards within the industrial industry with
) being today's industrial industry laggard.
- Use our industrial section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial industry could consider
) while those bearish on the industrial industry could consider
- Find other investment ideas from our top rated ETFs lists.
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