Wall Street Zen cut shares of Stanley Black & Decker (NYSE:SWK – Free Report) from a strong-buy rating to a buy rating in a research note issued to investors on Saturday,Wall Street Zen reports.
SWK has been the topic of several other reports. The Goldman Sachs Group reissued a “neutral” rating and set a $93.00 target price on shares of Stanley Black & Decker in a report on Wednesday, July 29th. Mizuho decreased their target price on shares of Stanley Black & Decker from $110.00 to $105.00 and set an “outperform” rating on the stock in a report on Thursday, October 15th. Morgan Stanley set a $100.00 target price on Stanley Black & Decker in a report on Tuesday, October 6th. Citigroup upped their price objective on Stanley Black & Decker from $100.00 to $107.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Finally, Weiss Ratings raised Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Four equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $94.11.
View Our Latest Analysis on SWK
Stanley Black & Decker Price Performance
Stanley Black & Decker stock opened at $99.47 on Friday. The stock’s 50 day moving average is $93.20 and its 200-day moving average is $87.33. The company has a market capitalization of $15.02 billion, a price-to-earnings ratio of 24.26, a PEG ratio of 1.47 and a beta of 1.17. Stanley Black & Decker has a 12 month low of $61.90 and a 12 month high of $104.68. The company has a current ratio of 1.43, a quick ratio of 0.55 and a debt-to-equity ratio of 0.53.
Stanley Black & Decker (NYSE:SWK – Get Free Report) last posted its earnings results on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share for the quarter, topping analysts’ consensus estimates of $1.21 by $0.36. Stanley Black & Decker had a return on equity of 8.78% and a net margin of 4.07%. The company had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.97 billion. During the same quarter last year, the firm earned $1.08 earnings per share. The company’s revenue was up .4% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Equities research analysts expect that Stanley Black & Decker will post 5.59 EPS for the current year.
Institutional Inflows and Outflows
A number of institutional investors have recently modified their holdings of SWK. Compass Financial Management LLC acquired a new position in Stanley Black & Decker during the 2nd quarter worth approximately $31,000. Cape Investment Advisory Inc. bought a new position in shares of Stanley Black & Decker in the second quarter valued at approximately $35,000. Continuum Advisory LLC purchased a new position in shares of Stanley Black & Decker during the second quarter valued at approximately $36,000. Fiduciary Financial Advisors purchased a new position in shares of Stanley Black & Decker during the second quarter valued at approximately $43,000. Finally, Transamerica Financial Advisors LLC bought a new stake in Stanley Black & Decker during the second quarter worth $51,000. Institutional investors and hedge funds own 87.77% of the company’s stock.
Stanley Black & Decker Company Profile
Stanley Black & Decker, Inc is a global manufacturer of tools, outdoor products and related equipment. The company serves professional contractors, industrial customers, do-it-yourself consumers and outdoor enthusiasts through a portfolio that includes power tools, hand tools, storage solutions, accessories, lawn and garden equipment, and other outdoor products.
Its brands include DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER, Cub Cadet, Hustler and Troy-Bilt. Products are sold through retailers, distributors, e-commerce channels and other commercial outlets, supporting construction, maintenance, manufacturing, automotive repair and residential applications.
The company was formed in 2010 through the merger of The Stanley Works and The Black & Decker Corporation.
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