Stanley Black & Decker Inc. (NYSE:SWK) finished Thursday with a subtraction of -$2.07 to close at $78.70, a downside of -2.56 percent. An average of 1,287,387 shares of common stock have been traded in the last five days. There was a fall of -$6.98 in the past week, and it reached a new high 7 times over the past 12 months. The last 20 days have seen an average of 1,521,877 shares traded, while the 50-day average volume stands at 1,861,985.
SWK stock has decreased by -12.52% in the last month. The company shares reached their 1-month lowest point of $78.15 on 09/23/22. With the stock rallying to its 52-week high on 01/13/22, shares of the company touched a low of $80.63 and a high of $199.20 in 52 weeks. It has reached a new high 4 times so far this year and lost -57.18% or -$110.15 in price. In spite of this, the price is down -60.49% from the 52-week high.
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24 days have passed since Stanley Black & Decker Inc. (SWK) last reported insider trading activity. Link Janet, who is SVP, General Counsel & Sec’y, most recently acquired $1,000 shares at $90.96 per share on Aug 30. In this transaction, the insider spent $90,960. VP, Chief Accounting Officer, BELISLE JOCELYN, disposed of 3,244 shares at a price of $157.71 on Mar 07. The insider now owns more than $511,624 worth of shares. Prior to that, SVP, Chief HR Officer Subasic Stephen went on to Sale 6,611 shares at $155.91 each on Feb 25. An amount of $1,030,738 was transacted.
Stanley Black & Decker Inc. (SWK) has a trailing price-to-earnings (P/E) ratio of 14.13. The stock’s beta is 1.27. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.71, the price-to-book (PB) ratio at 1.39.
The company’s most recent quarterly dividend payment was $0.80 a share, representing a up of 1.27% from $0.79 last year. Its latest increase dividend $0.01 reported on Wednesday July 20 2022.
The quick ratio of Stanley Black & Decker Inc. for the three months ended June 29 was 0.30, and the current ratio was 0.80, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.63 and a total debt to equity ratio of 1.32 for the quarter ending June 29. Its gross profit as reported stood at $5.19 billion compared to revenue of $15.62 billion.
For the three-month period that ended June 29, Stanley Black & Decker Inc. had $5.35 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $78.6 million in the quarter, while revenues of $155.5 million were shrunk -478.5%. The analyst consensus anticipated Stanley Black & Decker Inc.’s latest quarter earnings to come in at $2.11 per share, but it turned out to be $1.77, a -16.10% surprise. For the quarter, EBITDA amounted to $231.0 million. Shareholders own equity worth $147.82 million.
From a technical analysis perspective, let’s take a brief look at Stanley Black & Decker Inc. (SWK) price momentum. RSI 9-day as of the close on 22 September was 21.70%, suggesting the stock is oversold, with historical volatility in this time frame at 23.14%.
As of today, SWK’s price is $82.70 -8.17% or -$6.98 from its 5-day moving average. SWK is currently trading -17.43% lower than its 20-day SMA and -36.10% lower than its 100-day SMA. However, the stock’s current price level is -26.05% below the SMA50 and -57.82% below the SMA200.
The stochastic %K and %D were 3.38% and 11.84%, respectively, and the average true range (ATR) was 2.80. With the 14-day stochastic at 2.34% and the average true range at 2.97, the RSI (14) stands at 27.29%. The stock has reached -3.38 on the 9-day MACD Oscillator while the 14-day reading was at -4.86.
Deutsche Bank downgraded Stanley Black & Decker Inc. (NYSE: SWK) to a a Hold rating in its most recent analyst report. Previously, the stock was rated as a Buy. The consensus rating for Stanley Black & Decker Inc. (SWK) among analysts is Hold. According to current brokerage recommendations, 1 brokerage firm advise that investors sell SWK, while 12 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 5 others rate it as a “buy”.
What is SWK’s price target for the next 12 months?
Analysts predict a range of price targets between $90.00 and $155.00, with a median target of $111.00. Taking a look at these predictions, the average price target given by analysts for Stanley Black & Decker Inc. (SWK) stock is $114.27.