Illinois Tool Works Inc (ITW): Today's Featured Industrial Loser

Illinois Tool Works ( ITW) pushed the Industrial industry lower today making it today's featured Industrial loser. The industry as a whole closed the day down 3.3%. By the end of trading, Illinois Tool Works fell $1.22 (-2.6%) to $46.29 on average volume. Throughout the day, 4.1 million shares of Illinois Tool Works exchanged hands as compared to its average daily volume of four million shares. The stock ranged in price between $46.20-$47.20 after having opened the day at $47.13 as compared to the previous trading day's close of $47.51. Other company's within the Industrial industry that declined today were: Presstek ( PRST), down 17.3%, Cleantech Solutions International ( CLNT), down 14.3%, NF Energy Saving ( NFEC), down 12.6%, and Powell Industries ( POWL), down 9.9%.

Illinois Tool Works Inc. manufactures a range of industrial products and equipment worldwide. Illinois Tool Works has a market cap of $22.8 billion and is part of the industrial goods sector. The company has a P/E ratio of 11.9, above the average industrial industry P/E ratio of 11.7 and below the S&P 500 P/E ratio of 17.7. Shares are down 11% year to date as of the close of trading on Wednesday. Currently there are eight 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 buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial industry could consider SPDR Dow Jones Industrial Average ( DIA) while those bearish on the industrial industry could consider ProShares UltraShort Industrials ( SIJ).

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