As of Wednesday close, Stanley Black & Decker Inc.’s (NYSE:SWK) stock was up $1.68, moving up 1.80 percent to $95.02. The average number of shares traded per day over the past five days has been 938,320 shares. 4 times new highs have been achieved over the past 5 days, with a $3.78 gain in that time frame. In the last twenty days, the average volume was 1,136,375, while in the previous 50 days, it was 1,437,678.
Since last month, SWK stock retreated -8.62%. Shares of the company fell to $87.90 on 08/25/23, the lowest level in the past month. A 52-week high of $104.21 was reached on 08/01/23 after having rallying from a 52-week low of $70.24. Since the beginning of this year, SWK’s stock price has risen by 26.49% or $19.90, and marked a new high 18 times. However, the stock has declined by -8.82% since its 52-week high.
SWK stock investors should be aware that Stanley Black & Decker Inc. (SWK) stock had its last reported insider trading activity 24 days ago on Aug 07. Link Janet, the SVP, General Counsel & Sec’y of the company, disposed of 3,081 shares for $98.76 on Aug 07. It resulted in a $304,280 divestment by the insider. Link Janet sold 2,581 shares at an average price of $85.73 on Feb 28. The insider now owns 36,352 shares following the transaction. On Nov 10, Interim CFO Walburger Corbin sold 5,248 shares at $80.80 apiece. The transaction was valued at $424,044.
Valuation Metrics
The stock’s beta is 1.37. Besides these, the trailing price-to-sales (P/S) ratio of 0.90, the price-to-book (PB) ratio of 1.49.
The latest dividend of $0.81 per share was paid out, which is 1.25% more than last year’s $0.80.
Financial Health
In the three months ended June 29, Stanley Black & Decker Inc.’s quick ratio stood at 0.40, while its current ratio was 1.30, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.64, and the total debt-to-equity ratio was 0.83. On the profitability front, the trailing twelve-month gross margin is 22.80% percent. In the year ended June 29, EBITDA margin amounted to 8.77%, whereas operating margins totaled -0.30%. Based on annual data, SWK earned $4.28 billion in gross profit and brought in $16.95 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 2.60%. Return on equity (ROE) for the past 12 months was 8.30%.
In Stanley Black & Decker Inc.’s quarter-end financial report for June 29, it reported total debt of $6.1 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. SWK’s revenue fell -5.63% to $3.93 billion during the quarter, while net income inched up to $4.16 billion. While analysts expected Stanley Black & Decker Inc. to report -$0.37 quarterly earnings, the actual figure was -$0.11 per share, beating the consensus estimate by 70.30%. During the quarter, the company generated $188.0 million in EBITDA. The liabilities of Stanley Black & Decker Inc. were 15.4 billion at the end of its most recent quarter ended June 29, and its total debt was $8.4 billion. The value of shareholders’ equity is $153.23 million.
Technical Picture
This quick technical analysis looks at Stanley Black & Decker Inc.’s (SWK) price momentum. With a historical volatility rate of 21.64%, the RSI 9-day stood at 61.36% on 30 August.
With respect to its five-day moving average, the current Stanley Black & Decker Inc. price is up by +4.14% percent or $3.78. At present, SWK shares trade -6.15% below its 20-day simple moving average and +27.90% percent above its 100-day simple moving average. However, the stock is currently trading approximately +6.31% above its SMA50 and +16.66% above its SMA200.
Stochastic coefficient K was 60.27% and Stochastic coefficient D was 35.76%, while ATR was 2.28. Given the Stochastic reading of 99.16% for the 14-day period, the RSI (14) reading has been calculated as 55.55%. As of today, the MACD Oscillator reading stands at 2.21, while the 14-day reading stands at 1.65.
Analyst Ratings
Stanley Black & Decker Inc. downgraded its rating on Stanley Black & Decker Inc. (NYSE: SWK) to an Underperform in a note to investors on August 11, 2023. The analysts firm previously had a Peer perform rating on the stock.Stanley Black & Decker Inc. (SWK) has been rated Hold by analysts. According to 1 brokerage firm, SWK is a sell, and 15 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Stanley Black & Decker Inc. stock as buy, with 1 recommending it as overweight.
With a median target price of $98.50, the current consensus forecast for the stock is $90.00 – $120.00. Based on these forecasts, analysts predict Stanley Black & Decker Inc. (SWK) will achieve an average price target of $99.29.
