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

Shares of Stanley Black & Decker, Inc. (NYSE:SWK) have been assigned a consensus rating of “Hold” from the eleven brokerages that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $87.3333.

SWK has been the topic of a number of recent analyst reports. Morgan Stanley set a $88.00 price target on shares of Stanley Black & Decker in a report on Monday, December 22nd. Wall Street Zen cut Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Sunday, October 19th. UBS Group upped their price target on Stanley Black & Decker from $100.00 to $105.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Robert W. Baird boosted their target price on Stanley Black & Decker from $75.00 to $85.00 and gave the company a “neutral” rating in a research note on Tuesday, December 23rd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Wednesday, October 8th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of SWK. 1248 Management LLC bought a new position in shares of Stanley Black & Decker in the first quarter worth about $26,000. Princeton Global Asset Management LLC bought a new position in shares of Stanley Black & Decker during the 2nd quarter valued at approximately $25,000. Chapman Financial Group LLC purchased a new position in shares of Stanley Black & Decker in the second quarter valued at $26,000. Hanson & Doremus Investment Management bought a new stake in Stanley Black & Decker in the third quarter worth $30,000. Finally, CYBER HORNET ETFs LLC purchased a new stake in Stanley Black & Decker during the second quarter valued at $28,000. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Stock Up 0.7%

SWK opened at $75.40 on Monday. The company’s 50-day moving average price is $70.33 and its two-hundred day moving average price is $71.31. Stanley Black & Decker has a twelve month low of $53.91 and a twelve month high of $91.06. The stock has a market cap of $11.68 billion, a price-to-earnings ratio of 26.09, a PEG ratio of 2.14 and a beta of 1.20. The company has a quick ratio of 0.35, a current ratio of 1.11 and a debt-to-equity ratio of 0.52.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings data on Thursday, June 30th. The industrial products company reported $2.85 EPS for the quarter. The business had revenue of $3.72 billion for the quarter. Stanley Black & Decker had a net margin of 2.89% and a return on equity of 8.10%. As a group, equities analysts expect that Stanley Black & Decker will post 5.16 earnings per share for the current year.

Stanley Black & Decker Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 16th. Investors of record on Monday, December 1st were issued a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date was Monday, December 1st. Stanley Black & Decker’s payout ratio is presently 114.88%.

Stanley Black & Decker Company Profile

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.