Analysts Set Stanley Black & Decker, Inc. (NYSE:SWK) PT at $99.44

Shares of Stanley Black & Decker, Inc. (NYSE:SWK) have been assigned an average rating of “Hold” from the ten research firms that are covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $99.44.

Several research analysts have weighed in on the company. Wells Fargo & Company lowered their target price on Stanley Black & Decker from $105.00 to $95.00 and set an “equal weight” rating on the stock in a research note on Friday, February 2nd. Barclays lifted their target price on Stanley Black & Decker from $105.00 to $107.00 and gave the company an “overweight” rating in a research note on Tuesday, April 2nd. Finally, JPMorgan Chase & Co. lowered their target price on Stanley Black & Decker from $89.00 to $80.00 and set an “underweight” rating on the stock in a research note on Tuesday, February 6th.

Institutional Trading of Stanley Black & Decker

Large investors have recently bought and sold shares of the company. First United Bank & Trust acquired a new stake in Stanley Black & Decker in the fourth quarter valued at $25,000. Achmea Investment Management B.V. acquired a new stake in Stanley Black & Decker in the first quarter valued at $36,000. Quarry LP acquired a new stake in Stanley Black & Decker in the fourth quarter valued at $36,000. Principal Securities Inc. acquired a new stake in Stanley Black & Decker in the fourth quarter valued at $38,000. Finally, Venturi Wealth Management LLC purchased a new stake in shares of Stanley Black & Decker in the third quarter valued at $33,000. Institutional investors and hedge funds own 87.77% of the company’s stock.

Stanley Black & Decker Trading Down 0.9 %

SWK opened at $89.33 on Friday. The firm has a market cap of $13.74 billion, a price-to-earnings ratio of -42.95, a price-to-earnings-growth ratio of 2.45 and a beta of 1.34. Stanley Black & Decker has a 52 week low of $73.87 and a 52 week high of $104.21. The business’s 50 day moving average is $91.45 and its two-hundred day moving average is $90.58. The company has a quick ratio of 0.39, a current ratio of 1.19 and a debt-to-equity ratio of 0.67.

Stanley Black & Decker (NYSE:SWK) last announced its earnings results on Thursday, February 1st. The industrial products company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.73 by $0.19. Stanley Black & Decker had a positive return on equity of 2.34% and a negative net margin of 1.97%. The company had revenue of $3.74 billion for the quarter, compared to the consensus estimate of $3.84 billion. During the same period last year, the business posted ($0.10) EPS. The company’s revenue was down 6.3% on a year-over-year basis. On average, research analysts predict that Stanley Black & Decker will post 4.12 EPS for the current year.

Stanley Black & Decker Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 19th. Shareholders of record on Friday, March 8th were issued a $0.81 dividend. This represents a $3.24 annualized dividend and a yield of 3.63%. The ex-dividend date was Thursday, March 7th. Stanley Black & Decker’s dividend payout ratio (DPR) is -155.77%.

Stanley Black & Decker Company Profile

Stanley Black & Decker, Inc provides hand tools, power tools, outdoor products, and related accessories in the United States, Canada, Other Americas, Europe, and Asia. Its Tools & Outdoor segment offers professional grade corded and cordless electric power tools and equipment, including drills, impact wrenches and drivers, grinders, saws, routers, and sanders; pneumatic tools and fasteners, such as nail guns, nails, staplers and staples, and concrete and masonry anchors; corded and cordless electric power tools; hand-held vacuums, paint tools, and cleaning appliances; leveling and layout tools, planes, hammers, demolition tools, clamps, vises, knives, saws, chisels, and industrial and automotive tools; drill, screwdriver, router bits, abrasives, saw blades, and threading products; tool boxes, sawhorses, medical cabinets, and engineered storage solutions; and electric and gas-powered lawn and garden products.