Stanley Black & Decker Inc (NYSE: SWK) is -8.98% lower on its value in year-to-date trading and has touched a low of $73.12 and a high of $104.21 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SWK stock was last observed hovering at around $87.97 in the last trading session, with the day’s gains setting it 1.32%.
Currently trading at $89.29, the stock is 0.08% and -4.46% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.26 million and changing 1.50% at the moment leaves the stock -0.51% off its SMA200. SWK registered 4.30% gain for a year compared to 6-month gain of -4.34%. The firm has a 50-day simple moving average (SMA 50) of $1.30 and a 200-day simple moving average (SMA200) of $25.40.
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The stock witnessed a -6.30% loss in the last 1 month and extending the period to 3 months gives it a -1.23%, and is 0.70% up 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 1.99% over the week and 2.03% over the month.
Stanley Black & Decker Inc (SWK) has around 50500 employees, a market worth around $13.69B and $15.78B in sales. Fwd P/E is 15.70. Profit margin for the company is -1.88%. Distance from 52-week low is 22.11% and -14.32% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.91%).
Stanley Black & Decker Inc quarterly earnings per share for the current quarter are estimated at $0.52 with sales reaching $3.83B over the same period.The EPS is expected to grow by 184.83% this year, but quarterly earnings will post -1.60% year-over-year. Quarterly sales are estimated to shrink -4.40% in year-over-year returns.
1,120 institutions hold shares in Stanley Black & Decker Inc (SWK), with institutional investors hold 90.83% of the company’s shares. The shares outstanding are 153.62M, and float is at 150.46M with Short Float at 3.82%. Institutions hold 90.51% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 18.88 million shares valued at $1.77 billion. The investor’s holdings represent 12.32% of the SWK Shares outstanding. As of Jun 29, 2023, the second largest holder is Price (T.Rowe) Associates Inc with 16.67 million shares valued at $1.56 billion to account for 10.88% of the shares outstanding. The other top investors are State Street Corporation which holds 11.42 million shares representing 7.45% and valued at over $1.07 billion, while Blackrock Inc. holds 6.61% of the shares totaling 10.13 million with a market value of $949.5 million.
Stanley Black & Decker Inc (SWK) Insider Activity
A total of 9 insider transactions have happened at Stanley Black & Decker Inc (SWK) in the last six months, with sales accounting for 0 and purchases happening 9 times. The most recent transaction is an insider sale by Robinson Graham, the company’s SVP & President of Industrial. SEC filings show that Robinson Graham sold 2,000 shares of the company’s common stock on Dec 05 at a price of $91.83 per share for a total of $0.18 million. Following the sale, the insider now owns 26435.0 shares.
Stanley Black & Decker Inc disclosed in a document filed with the SEC on Aug 07 that Link Janet (SVP, General Counsel & Sec’y) sold a total of 3,081 shares of the company’s common stock. The trade occurred on Aug 07 and was made at $98.76 per share for $0.3 million. Following the transaction, the insider now directly holds 32690.0 shares of the SWK stock.
Stanley Black & Decker Inc (SWK): Who are the competitors?
One of the company’s main competitors (and peers) include Danaher Corp. (DHR) that is trading 14.36% up over the past 12 months.Illinois Tool Works Inc. (ITW) lies in the list of competitors of the Stanley Black & Decker Inc and is 11.10% higher over the same period from SWK
