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

Stanley Black & Decker, Inc. (NYSE:SWK) has been assigned a consensus rating of “Hold” from the eleven ratings firms that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $87.3333.

A number of equities research analysts have recently commented on the company. Wells Fargo & Company raised their target price on Stanley Black & Decker from $75.00 to $82.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 14th. Robert W. Baird raised their price objective on Stanley Black & Decker from $75.00 to $85.00 and gave the company a “neutral” rating in a report on Tuesday, December 23rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Wednesday, January 21st. Morgan Stanley set a $88.00 price target on shares of Stanley Black & Decker in a research note on Monday, December 22nd. Finally, Wall Street Zen cut shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a research report on Sunday, October 19th.

Hedge Funds Weigh In On Stanley Black & Decker

Several hedge funds and other institutional investors have recently made changes to their positions in SWK. Princeton Global Asset Management LLC purchased a new stake in Stanley Black & Decker in the 2nd quarter valued at about $25,000. GoalVest Advisory LLC purchased a new stake in shares of Stanley Black & Decker in the 4th quarter valued at approximately $26,000. Chapman Financial Group LLC acquired a new position in shares of Stanley Black & Decker in the 2nd quarter worth approximately $26,000. CYBER HORNET ETFs LLC purchased a new position in shares of Stanley Black & Decker during the 2nd quarter worth approximately $28,000. Finally, Hanson & Doremus Investment Management acquired a new stake in Stanley Black & Decker in the 3rd quarter valued at approximately $30,000. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Stock Down 0.4%

NYSE:SWK opened at $79.02 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.11 and a quick ratio of 0.35. The company’s fifty day moving average price is $76.41 and its 200-day moving average price is $73.29. Stanley Black & Decker has a 1-year low of $53.91 and a 1-year high of $90.75. The firm has a market capitalization of $12.24 billion, a P/E ratio of 27.34, a PEG ratio of 1.09 and a beta of 1.20.

Stanley Black & Decker (NYSE:SWK) last posted its quarterly earnings results on Tuesday, November 4th. The industrial products company reported $1.43 EPS for the quarter, beating the consensus estimate of $1.19 by $0.24. The company had revenue of $3.76 billion for the quarter, compared to analyst estimates of $3.77 billion. Stanley Black & Decker had a net margin of 2.89% and a return on equity of 8.10%. The firm’s revenue was up .1% on a year-over-year basis. During the same period in the prior year, the company earned $1.22 earnings per share. Stanley Black & Decker has set its FY 2025 guidance at 4.550-4.650 EPS. As a group, equities research analysts anticipate that Stanley Black & Decker will post 5.16 EPS for the current year.

About Stanley Black & Decker

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.