Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Illinois Tool Works    ITW

ILLINOIS TOOL WORKS (ITW)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Illinois Tool Works Inc. : Illinois Tool Industrial-Packaging Unit in Play

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/19/2013 | 04:16pm CEST

Illinois Tool Works Inc. (ITW) said it is reviewing strategic options for its industrial-packaging segment--including a potential sale or spinoff of the business--as part of the industrial conglomerate's restructuring efforts.

The business makes and designs steel, plastic and paper products used for bundling, shipping and protecting transported goods, with brands including Signode, Strapex, Angleboard and Mima. The segment reported 2012 revenue of about $2.4 billion.

The review is expected to last through 2013.

ITW operates several hundred businesses in industrial sectors that include automotive components, welding equipment, testing and measurement devices, industrial packaging and commercial kitchen appliances.

The company last year said it plans to consolidate hundreds of smaller business units into larger-scale businesses that the company expects will be more competitive in global markets and produce higher profits. The consolidation is expected to eliminate hundreds of managers and reduce expenses for materials and services, while also helping the company focus on its faster-growing businesses.

ITW last month said its fourth-quarter earnings surged on a gain related to the sale of its laminates unit.

Shares rose 2.1% premarket to $64.60. As of Friday's close, the stock was up 6.2% over the past three months.

Write to Ben Fox Rubin at [email protected]

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ILLINOIS TOOL WORKS
05/26ILLINOIS TOOL WORKS : Federal Contracts Awarded by Federal Agencies in Rhode Isl..
AQ
05/26ILLINOIS TOOL WORKS : MILITARY $119,925 Federal Contract Awarded to Illinois Too..
AQ
05/18ILLINOIS TOOL WORKS : Federal Contracts Awarded by Federal Agencies in Illinois ..
AQ
05/18ILLINOIS TOOL WORKS : MILITARY $81,092 Federal Contract Awarded to Illinois Tool..
AQ
05/17ILLINOIS TOOL WORKS : Patent Issued for High Performance Environmentally Friendl..
AQ
05/10ILLINOIS TOOL WORKS INC. (NYSE : ITW) Files An 8-K Submission of Matters to a Vo..
AQ
05/10ILLINOIS TOOL WORKS INC : Submission of Matters to a Vote of Security Holders (f..
AQ
05/07ITW Announces Upcoming Investor Conferences
GL
05/04ILLINOIS TOOL WORKS : Management's Discussion and Analysis of Financial Conditio..
AQ
05/04ILLINOIS TOOL WORKS : U.S. Patents Awarded to Inventors in Oregon (May 4)
AQ
More news
News from SeekingAlpha
05/25Illinois Tool Works (ITW) Presents At Electrical Products Group 2018 Annual S.. 
05/22DIVIDEND SENSEI'S PORTFOLIO UPDATE 3 : If You Want To Get Rich, Follow The Data 
05/21The Next Generation Dividend Growth Portfolio Q1 Update - Bring On The Divide.. 
05/2110 Dividend Growth Stocks For May 2018 
05/18Even After A 20% Sell-Off, This Dividend Aristocrat Is Still Too Expensive 
Financials ($)
Sales 2018 15 148 M
EBIT 2018 3 731 M
Net income 2018 2 625 M
Debt 2018 4 691 M
Yield 2018 2,36%
P/E ratio 2018 19,11
P/E ratio 2019 17,74
EV / Sales 2018 3,61x
EV / Sales 2019 3,46x
Capitalization 49 944 M
Chart ILLINOIS TOOL WORKS
Duration : Period :
Illinois Tool Works Technical Analysis Chart | ITW | US4523081093 | 4-Traders
Technical analysis trends ILLINOIS TOOL WORKS
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 169 $
Spread / Average Target 15%
EPS Revisions
Managers
NameTitle
Ernest Scott Santi Chairman & Chief Executive Officer
Michael M. Larsen Chief Financial Officer & Senior Vice President
Susan M. Crown Independent Director
James A. Skinner Lead Independent Director
Pamela B. Strobel Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
ILLINOIS TOOL WORKS-11.26%49 944
GENERAL ELECTRIC COMPANY-12.55%127 066
3M COMPANY-14.28%118 163
SIEMENS-1.11%114 413
HONEYWELL INTERNATIONAL-1.87%112 532
JARDINE MATHESON HOLDINGS LIMITED5.60%47 466