[GlobeNewswire] – GLENVIEW, Ill. — Illinois Tool Works Inc. today reported third quarter 2014 earnings per share (EPS) from continuing operations of $1.28, 42 percent higher than the year-ago period. The strong growth …
Read more on this.Illinois Tool Works Inc. (ITW), valued at $34.07B, started trading this morning at $85.80.
A quick look at the market, the company’s stock traded between $84.91 and $86.09 with a one year range of $76.25 to $89.58.
Priced at 18.21x this year’s forecasted earnings, ITW shares are relatively expensive compared to the industry’s 13.30x forward p/e ratio.(…)
via Stock Update: Illinois Tool Works Inc (NYSE:ITW) – ITW Reports Third Quarter 2014 Financial Results.