You should consider shares of Illinois Tool Works Inc. (NYSE:ITW) and Banco Santander (Brasil) S.A. (NYSE:BSBR) if you are looking for a great stocks to invest in. Starting with the ITW shares, which traded at $170.71 at the close of the recent session, dropping -0.80%. On Tuesday, the company’s shares shed -$1.37 from its value which represented in intraday trading. The stock is now 22.77% higher in year-to-date (YTD) trading. ITW’s intraday high was $171.11 while its lowest price touched $169.075. The stock’s 52-week high price is $179.29, which means the current price is at -4.79%. In terms of trading activity, the daily trading volume rose to 1309482 against 200-day average trading volume of 1,243,521 shares.
What are analyst forecasts for Illinois Tool Works Inc. (NYSE:ITW)?
At a consensus rating of 3.07, ITW is trending as a streaking Hold, as it has been the case a month ago when 15 analysts called it a Hold. Two months ago, 15 analysts recommended, on average, that ITW stock is a Hold. The Industrial Goods company’s shares’ overall bearish trend saw it close higher on Tuesday compared to its opening price of $170.35 on the day.
Forecasts for Illinois Tool Works Inc. (NYSE:ITW) give the stock a fair value for the growth of -10.14% from its last price. The 12-month price forecast for the stock by analysts puts the stock’s mean price target at $155.00, which means the price per share could fall by nearly -$15.71. The price range target is between a low of $121.00 and a high of $195.00. The stock would need to gain by about $12.46 to hit the estimated high or 0.69% from its 12-month low.
The consensus among 22 analysts is that it is a good time for one to Hold in the Illinois Tool Works Inc. 3 analysts rate ITW as a Buy, with 5 of 22 analysts rate it as a Sell. 0 have valued the stock as Overweight and 12 have recommended that investors Hold.
Illinois Tool Works Inc. (NYSE:ITW) Upgrades and Downgrades
In terms of rating changes, Goldman on September 23, 2019, Downgrade Illinois Tool Works Inc. (ITW) at Sell. They believe the stock could reach $144 in the near term. Analysts at Northcoast have assigned a Sell rating for the stock in their research note on June 26, 2019. Moreover, JP Morgan analysts issued a rating of Neutral for the stock on April 26, 2019, giving it a price target of $144 for the next 12 months. On February 05, 2019, the stock earned a Underperform rating due to an analyst call from BofA/Merrill, while analysts from BofA/Merrill on February 05, 2019 suggested that the stock is Underperform.
Banco Santander (Brasil) S.A. (NYSE:BSBR) adds $0.07 on Tuesday
The BSBR stock has tanked -1.83% year-to-date and is currently trading at $10.57, which is -21.63% below its 52-week high. The company shares gained 0.67% on the day and have risen nearly 9.86% off a low hit. At current levels, Banco Santander (Brasil) S.A. has a valuation of about $17.21B. As of 12/03/19, this stock has fallen -2.49% during the week and closed at $10.50 in the previous session. However, recent Banco Santander (Brasil) S.A. stock performance shows that BSBR shares are -10.20% down over the last month, and 4.98% up for the last three months.
Earnings per share (EPS) estimates for the current quarter are $0.23, with the trailing 12-month share earnings at $0.94. The ratio is expected to be up by 6.60% for the current year 2019 and 7.20% for next year. Over the next 5-year period, earnings per share will be 17.30%. But will the BSBR stock surprise in the current quarter results, where the $0.24 actual EPS reported on 9/29/2019 surprised by 0.00% or was lower by $0 from the estimated $0.24.
Sales Growth to climb 9.00% for the year
How well will Banco Santander (Brasil) S.A. perform as a business over the current quarter, year and next 5-year period? Compared to the year-ago quarter, analysts forecast the company to bring in between $4.33B and $4.85B in current quarter sales. The consensus estimated for the current quarter is $4.59B from sales. Forecasts for this fiscal year are between $16.22B and $18.23B and the consensus estimate for sales is at $16.98B. BSBR has its next quarter sales estimates at between $4.85B and $4.85B, with the quarter-over-quarter growth estimates at 19.60% and the annual growth forecast for the year at 9.00%.
Who owns shares in Banco Santander (Brasil) S.A. (BSBR)?
Let’s briefly focus on the share ownership of the Banco Santander (Brasil) S.A. (NYSE:BSBR) stock, where we find that 1.34% of shares are held by institutions. Vanguard Group, Inc. (The) tops the list of institutional owners as it is holding 4.6 million shares or 0.83% of shares outstanding. Macquarie Group Limited and Bank of America Corporation held 4.31 million and 4.29 million representing 0.78% and 0.78% respectively at the close of the last trading session. As of Sep 29, 2019, Capital Growth Management L.P. accounted for 4.13 million shares at over 45.03 million. This represented 0.75% of shares outstanding. Man Group PLC held 3.5 million shares at over 38.08 million representing 0.63% of shares outstanding.