Illinois Tool Works (NYSE:ITW – Get Free Report) and Palladyne AI (NASDAQ:STRCW – Get Free Report) are both industrial products companies, but which is the better business? We will contrast the two businesses based on the strength of their dividends, risk, earnings, institutional ownership, analyst recommendations, valuation and profitability.
Earnings & Valuation
This table compares Illinois Tool Works and Palladyne AI’s revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Illinois Tool Works | $16.01 billion | 4.44 | $2.96 billion | $10.14 | 23.51 |
Palladyne AI | N/A | N/A | N/A | N/A | N/A |
Illinois Tool Works has higher revenue and earnings than Palladyne AI.
Profitability
Net Margins | Return on Equity | Return on Assets | |
Illinois Tool Works | 19.15% | 99.74% | 19.26% |
Palladyne AI | N/A | N/A | N/A |
Institutional & Insider Ownership
79.8% of Illinois Tool Works shares are held by institutional investors. 0.9% of Illinois Tool Works shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Analyst Ratings
This is a breakdown of current ratings and price targets for Illinois Tool Works and Palladyne AI, as reported by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Illinois Tool Works | 3 | 3 | 2 | 1 | 2.11 |
Palladyne AI | 0 | 0 | 0 | 0 | N/A |
Illinois Tool Works presently has a consensus target price of $250.75, indicating a potential upside of 5.19%. Given Illinois Tool Works’ higher probable upside, research analysts plainly believe Illinois Tool Works is more favorable than Palladyne AI.
Summary
Illinois Tool Works beats Palladyne AI on 9 of the 9 factors compared between the two stocks.
About Illinois Tool Works
Illinois Tool Works Inc. manufactures and sells industrial products and equipment in the United States and internationally. It operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products. The Automotive OEM segment offers plastic and metal components, fasteners, and assemblies for automobiles, light trucks, and other industrial uses. The Food Equipment segment provides warewashing, refrigeration, cooking, and food processing equipment; kitchen exhaust, ventilation, and pollution control systems; and food equipment maintenance and repair services. The Test & Measurement and Electronics segment produces and sells equipment, consumables, and related software for testing and measuring of materials and structures, as well as equipment and consumables used in the production of electronic subassemblies and microelectronics. The Welding segment produces arc welding equipment; and metal arc welding consumables and related accessories. The Polymers & Fluids segment produces adhesives, sealants, lubrication and cutting fluids, and fluids and polymers for auto aftermarket maintenance and appearance. The Construction Products segment offers engineered fastening systems and solutions for the residential construction, renovation/remodel, and commercial construction markets. The Specialty Products segment provides beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners. It serves the automotive OEM and tiers, MRO, commercial food equipment, construction, general industrial, industrial capital goods, consumer durables, automotive aftermarket end, and other markets. The company distributes its products directly to industrial manufacturers, as well as through independent distributors. Illinois Tool Works Inc. was founded in 1912 and is based in Glenview, Illinois.
About Palladyne AI
Palladyne AI Corp., a software company, focuses on delivering software that enhances the utility and functionality of third-party stationary and mobile robotic systems in the United States. Its Artificial Intelligence (AI)/ Machine Learning (ML) software platform enables robots to observe, learn, reason, and act in structured and unstructured environments. The company's software platform enables robotic systems to perceive their environment and quickly adapt to changing circumstances by generalizing from their experience using dynamic real-time operations without extensive programming and with minimal robot training. It serves customers from various industries, such as industrial manufacturing, warehousing and logistics, defense, infrastructure maintenance and repair, energy, aerospace and aviation, and others. The company was formerly known as Sarcos Technology and Robotics Corporation and changed its name to Palladyne AI Corp. in March 2024. Palladyne AI Corp. was founded in 2017 and is headquartered in Salt Lake City, Utah.
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