Stanley Black & Decker Inc (NYSE: SWK) is -8.49% lower on its value in year-to-date trading and has touched a low of $77.70 and a high of $110.88 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 $89.54 in the last trading session, with the day’s gains setting it 0.23%.
Currently trading at $89.77, the stock is 0.10% and -9.65% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.89 million and changing 0.26% at the moment leaves the stock -3.51% off its SMA200. SWK registered -0.70% loss for a year compared to 6-month gain of 5.18%. The firm has a 50-day simple moving average (SMA 50) of $99.3588 and a 200-day simple moving average (SMA200) of $93.038.
The stock witnessed a -4.39% loss in the last 1 month and extending the period to 3 months gives it a -11.90%, and is 5.09% 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 2.77% over the week and 2.69% over the month.
Stanley Black & Decker Inc (SWK) has around 50500 employees, a market worth around $13.87B and $15.38B in sales. Fwd P/E is 16.29. Profit margin for the company is -1.20%. Distance from 52-week low is 15.53% and -19.04% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.28%).
The EPS is expected to grow by 185.94% this year
1103.0 institutions hold shares in Stanley Black & Decker Inc (SWK), with institutional investors hold 90.51% of the company’s shares. The shares outstanding are 153.62M, and float is at 153.62M with Short Float at 3.02%. Institutions hold 90.27% of the Float.
The top institutional shareholder in the company is PRICE T ROWE ASSOCIATES INC /MD/ with over 19.61 million shares valued at $1.57 billion. The investor’s holdings represent 13.0561 of the SWK Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 18.59 million shares valued at $1.49 billion to account for 12.3745 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 13.75 million shares representing 9.1547 and valued at over $1.1 billion, while STATE STREET CORP holds 5.6668 of the shares totaling 8.51 million with a market value of $680.18 million.
Stanley Black & Decker Inc (SWK) Insider Activity
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 13,520 shares of the company’s common stock on Aug 01 ’24 at a price of $103.91 per share for a total of $1.4 million. Following the sale, the insider now owns 31960.0 shares.
Still, SEC filings show that on May 06 ’24, Link Janet (SVP, General Counsel & Sec’y) disposed off 3,442 shares at an average price of $86.80 for $0.3 million. The insider now directly holds 32,860 shares of Stanley Black & Decker Inc (SWK).
