Stanley Black & Decker Inc (NYSE:SWK) traded with an addition of $0.72 to $83.62 on Thursday, an upside of 0.87 percent. An average of 1,205,645 shares of common stock have been traded in the last five days. There was a fall of -$0.77 in the past week, and it reached a new high 17 times over the past 12 months. The last 20 days have seen an average of 1,220,081 shares traded, while the 50-day average volume stands at 1,366,386.
SWK stock has decreased by -10.41% in the last month. The company shares reached their 1-month lowest point of $81.93 on 09/26/23. With the stock rallying to its 52-week high on 08/01/23, shares of the company touched a low of $70.24 and a high of $104.21 in 52 weeks. It has reached a new high 18 times so far this year and achieved 11.32% or $8.51 in price. In spite of this, the price is down -19.76% from the 52-week high.
Insider Transactions
SWK stock investors should be aware that Stanley Black & Decker Inc (SWK) stock had its last reported insider trading activity 52 days ago on Aug 07. In this transaction, the insider spent $304,280. SVP, General Counsel & Sec’y, Link Janet, disposed of 2,581 shares at a price of $85.73 on Feb 28. The insider now owns more than $221,282 worth of shares. Prior to that, Interim CFO Walburger Corbin went on to Sale 5,248 shares at $80.80 each on Nov 10. An amount of $424,044 was transacted.
Valuation Metrics
Stanley Black & Decker Inc (SWK) has a trailing price-to-earnings (P/E) ratio of 15.98, which compares with the N/A for the broader industry. The stock’s beta is 1.38. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.79, the price-to-book (PB) ratio at 1.34.
The company’s most recent quarterly dividend payment was $0.81 a share, representing a up of 1.25% from $0.80 last year. Its latest increase dividend $0.01 reported on Thursday July 27 2023.
Financial Health
The quick ratio of Stanley Black & Decker Inc for the three months ended June 29 was 0.42, and the current ratio was 1.28, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.64 and a total debt to equity ratio of 0.83 for the quarter ending June 29. Stanley Black & Decker Inc’s EBITDA margin for the year ending June 29 is 8.77%, while its operating margin for the same period stands at 1.43%. Its gross profit as reported stood at $4.28 billion compared to revenue of $16.95 billion.
Earnings Surprise
For the three-month period that ended June 29, Stanley Black & Decker Inc had $6.1 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $177.0 million in the quarter, while revenues of -$187.8 million were grew 55.59%. The analyst consensus anticipated Stanley Black & Decker Inc’s latest quarter earnings to come in at -$0.37 per share, but it turned out to be -$0.11, a 70.30% surprise. For the quarter, EBITDA amounted to $188.0 million. Shareholders own equity worth $153.23 million.
Technical Picture
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 27 September was 31.15%, suggesting the stock is Neutral, with historical volatility in this time frame at 16.39%.
As of today, SWK’s price is $83.21 -1.05% or -$0.77 from its 5-day moving average. SWK is currently trading -11.99% lower than its 20-day SMA and -2.15% lower than its 100-day SMA. However, the stock’s current price level is -15.58% below the SMA50 and +5.55% above the SMA200.
The stochastic %K and %D were 9.19% and 5.93%, respectively, and the average true range (ATR) was 1.89. With the 14-day stochastic at 16.62% and the average true range at 1.98, the RSI (14) stands at 32.74%. The stock has reached -1.67 on the 9-day MACD Oscillator while the 14-day reading was at -3.12.
Analyst Ratings
Wolfe Research downgraded Stanley Black & Decker Inc (NYSE: SWK) to a an Underperform rating in its most recent analyst report. Previously, the stock was rated as a Peer perform.
