Stanley Black & Decker, Inc. (NYSE:SWK) Receives Consensus Rating of “Hold” from Analysts

by · The Cerbat Gem

Shares of Stanley Black & Decker, Inc. (NYSE:SWK – Get Free Report) have received a consensus rating of “Hold” from the eleven brokerages that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $87.3333.

Several research firms have recently weighed in on SWK. Wells Fargo & Company reduced their price objective on Stanley Black & Decker from $80.00 to $75.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 5th. Wall Street Zen cut shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Sunday, October 19th. Morgan Stanley set a $88.00 target price on Stanley Black & Decker in a research report on Monday, December 22nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Stanley Black & Decker in a report on Wednesday, October 8th. Finally, Robert W. Baird boosted their target price on shares of Stanley Black & Decker from $75.00 to $85.00 and gave the company a “neutral” rating in a research note on Tuesday, December 23rd.

View Our Latest Research Report on Stanley Black & Decker

Stanley Black & Decker Stock Performance

Shares of SWK opened at $76.41 on Monday. The company has a market capitalization of $11.84 billion, a PE ratio of 26.44, a price-to-earnings-growth ratio of 1.87 and a beta of 1.20. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.11 and a quick ratio of 0.35. Stanley Black & Decker has a one year low of $53.91 and a one year high of $91.06. The company’s fifty day moving average price is $70.84 and its 200 day moving average price is $71.65.

Stanley Black & Decker (NYSE:SWK – Get Free Report) last issued its quarterly earnings results on Thursday, June 30th. The industrial products company reported $2.85 earnings per share (EPS) for the quarter. Stanley Black & Decker had a return on equity of 8.10% and a net margin of 2.89%.The company had revenue of $3.72 billion for the quarter. As a group, analysts expect that Stanley Black & Decker will post 5.16 earnings per share for the current year.

Stanley Black & Decker Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 16th. Stockholders of record on Monday, December 1st were issued a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Monday, December 1st. Stanley Black & Decker’s dividend payout ratio is presently 114.88%.

Institutional Trading of Stanley Black & Decker

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Princeton Global Asset Management LLC acquired a new stake in shares of Stanley Black & Decker in the 2nd quarter valued at $25,000. 1248 Management LLC acquired a new stake in Stanley Black & Decker in the first quarter worth about $26,000. Chapman Financial Group LLC bought a new stake in Stanley Black & Decker during the 2nd quarter worth about $26,000. CYBER HORNET ETFs LLC acquired a new position in Stanley Black & Decker during the 2nd quarter valued at about $28,000. Finally, Hanson & Doremus Investment Management bought a new position in shares of Stanley Black & Decker in the 3rd quarter valued at about $30,000. Institutional investors and hedge funds own 87.77% of the company’s stock.

About Stanley Black & Decker

(Get Free Report)

Stanley Black & Decker, Inc (NYSE:SWK) is a leading global manufacturer of industrial tools, engineered fastening systems, and security products. The company’s portfolio includes power tools, hand tools, accessories, and storage solutions marketed under well-known brands such as DEWALT, Stanley, Craftsman and Black & Decker. In addition to its core tools and hardware offerings, the company provides customized assembly and installation systems for the automotive, electronics and aerospace industries.

Operations are organized across three principal business segments.

Read More