Stanley Black & Decker Inc. (NYSE: SWK) is 3.25% higher on its value in year-to-date trading and has touched a low of $70.24 and a high of $122.00 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 $79.29 in the last trading session, with the day’s loss setting it -1.73% off its average median price target of $90.00 for the next 12 months. It is also 29.49% off the consensus price target high of $110.00 offered by 17 analysts, but current levels are -2.05% lower than the price target low of $76.00 for the same period.
Currently trading at $77.56, the stock is -6.11% and -2.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.24 million and changing -2.18% at the moment leaves the stock -6.06% off its SMA200. SWK registered -33.16% loss for a year compared to 6-month loss of -5.73%. The firm has a 50-day simple moving average (SMA 50) of $1.24 and a 200-day simple moving average (SMA200) of $29.21.
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The stock witnessed a 0.39% gain in the last 1 month and extending the period to 3 months gives it a -8.54%, and is -6.71% 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 3.25% over the week and 3.42% over the month.
Stanley Black & Decker Inc. (SWK) has around 54200 employees, a market worth around $12.10B and $16.43B in sales. Fwd P/E is 15.62. Profit margin for the company is 4.20%. Distance from 52-week low is 10.42% and -36.43% from its 52-week high. The company has generated returns on investments over the last 12 months (2.60%).
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”. 17 analysts offering their recommendations for the stock have an average rating of 2.90, where 15 rate it as a Hold and 1 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Stanley Black & Decker Inc. is expected to release its quarterly report on 07/25/2023.The EPS is expected to shrink by -88.70% this year
Stanley Black & Decker Inc. (SWK) Top Institutional Holders
The shares outstanding are 149.57M, and float is at 147.16M with Short Float at 5.63%.
Stanley Black & Decker Inc. (SWK) Insider Activity
A total of 83 insider transactions have happened at Stanley Black & Decker Inc. (SWK) in the last six months, with sales accounting for 39 and purchases happening 44 times. The most recent transaction is an insider sale by Link Janet, the company’s SVP, General Counsel & Sec’y. SEC filings show that Link Janet sold 2,581 shares of the company’s common stock on Feb 28 at a price of $85.73 per share for a total of $0.22 million. Following the sale, the insider now owns 36352.0 shares.
Stanley Black & Decker Inc. disclosed in a document filed with the SEC on Nov 10 that Walburger Corbin (Interim CFO) sold a total of 5,248 shares of the company’s common stock. The trade occurred on Nov 10 and was made at $80.80 per share for $0.42 million. Following the transaction, the insider now directly holds 17993.0 shares of the SWK stock.
Still, SEC filings show that on Sep 08, MANNING ROBERT J (Director) acquired 30,000 shares at an average price of $85.50 for $2.56 million. The insider now directly holds 30,000 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 -8.55% down over the past 12 months and Illinois Tool Works Inc. (ITW) that is 9.19% higher over the same period.
