Stanley Black & Decker Inc. (NYSE: SWK) is 17.77% higher on its value in year-to-date trading and has touched a low of $70.24 and a high of $180.93 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SWK stock was last observed hovering at around $85.83 in the last trading session, with the day’s gains setting it 2.64%.
Currently trading at $88.47, the stock is 10.21% and 10.47% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.8 million and changing 3.08% at the moment leaves the stock -9.29% off its SMA200. SWK registered -50.81% loss for a year compared to 6-month loss of -23.54%.
The stock witnessed a 18.54% gain in the last 1 month and extending the period to 3 months gives it a 22.62%, and is -0.49% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.61% over the week and 3.35% over the month.
Stanley Black & Decker Inc. (SWK) has around 71300 employees, a market worth around $12.72B and $17.03B in sales. Current P/E ratio is 25.59 and Fwd P/E is 20.42. Profit margin for the company is 8.40%. Distance from 52-week low is 25.95% and -51.10% from its 52-week high. The company has generated returns on investments over the last 12 months (9.60%).
Stanley Black & Decker Inc. (SWK) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Stanley Black & Decker Inc. (SWK) is a “Hold”. 20 analysts offering their recommendations for the stock have an average rating of 2.80, where 15 rate it as a Hold and 1 think it is a “Overweight”. 3 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
Stanley Black & Decker Inc. is expected to release its quarterly report on 04/26/2023.The EPS is expected to grow by 34.40% this year.
Stanley Black & Decker Inc. (SWK) Top Institutional Holders
The shares outstanding are 147.94M, and float is at 147.08M with Short Float at 4.62%.
Stanley Black & Decker Inc. (SWK) Insider Activity
A total of 59 insider transactions have happened at Stanley Black & Decker Inc. (SWK) in the last six months, with sales accounting for 26 and purchases happening 33 times. The most recent transaction is an insider sale by Walburger Corbin,the company’sInterim CFO. SEC filings show that Walburger Corbin sold 5,248 shares of the company’s common stock on Nov 10 at a price of $80.80 per share for a total of $0.42 million. Following the sale, the insider now owns 17993.0 shares.
Stanley Black & Decker Inc. disclosed in a document filed with the SEC on Sep 08 that MANNING ROBERT J (Director) bought a total of 30,000 shares of the company’s common stock. The trade occurred on Sep 08 and was made at $85.50 per share for $2.56 million. Following the transaction, the insider now directly holds 30000.0 shares of the SWK stock.
Still, SEC filings show that on Aug 30, Link Janet (SVP, General Counsel & Sec’y) disposed off 1,000 shares at an average price of $90.96 for $90960.0. The insider now directly holds 28,260 shares of Stanley Black & Decker Inc. (SWK).
Stanley Black & Decker Inc. (SWK): Who are the competitors?
The company’s main competitors (and peers) include Danaher Corporation (DHR) that is trading -2.11% down over the past 12 months and Illinois Tool Works Inc. (ITW) that is -3.64% lower over the same period.