Stanley Black & Decker (NYSE:SWK) Price Target Increased to $107.00 by Analysts at Barclays

Stanley Black & Decker (NYSE:SWK - Get Free Report) had its price objective lifted by investment analysts at Barclays from $105.00 to $107.00 in a research report issued on Tuesday, Benzinga reports. The firm presently has an "overweight" rating on the industrial products company's stock. Barclays's price objective suggests a potential upside of 13.25% from the company's previous close.

A number of other equities research analysts have also recently weighed in on SWK. JPMorgan Chase & Co. lowered their price target on Stanley Black & Decker from $89.00 to $80.00 and set an "underweight" rating on the stock in a report on Tuesday, February 6th. Wells Fargo & Company lowered their price target on Stanley Black & Decker from $105.00 to $95.00 and set an "equal weight" rating on the stock in a report on Friday, February 2nd. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the stock. According to MarketBeat, Stanley Black & Decker presently has an average rating of "Hold" and an average target price of $97.80.

Stanley Black & Decker Stock Performance

Shares of Stanley Black & Decker stock traded down $0.98 on Tuesday, hitting $94.48. The stock had a trading volume of 1,516,146 shares, compared to its average volume of 1,322,249. The stock has a market cap of $14.53 billion, a price-to-earnings ratio of -45.43, a P/E/G ratio of 1.95 and a beta of 1.34. Stanley Black & Decker has a 52-week low of $73.27 and a 52-week high of $104.21. The company's 50 day moving average price is $91.26 and its 200 day moving average price is $89.89. The company has a current ratio of 1.19, a quick ratio of 0.39 and a debt-to-equity ratio of 0.67.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last released its earnings results on Thursday, February 1st. The industrial products company reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.19. The company had revenue of $3.74 billion for the quarter, compared to analysts' expectations of $3.84 billion. Stanley Black & Decker had a positive return on equity of 2.34% and a negative net margin of 1.97%. The firm's quarterly revenue was down 6.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.10) EPS. On average, research analysts anticipate that Stanley Black & Decker will post 4.06 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in SWK. Charles Schwab Investment Management Inc. increased its holdings in shares of Stanley Black & Decker by 1.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 949,632 shares of the industrial products company's stock worth $79,370,000 after buying an additional 13,540 shares during the last quarter. Foresight Capital Management Advisors Inc. acquired a new stake in shares of Stanley Black & Decker during the 4th quarter worth $2,593,000. Vest Financial LLC increased its holdings in shares of Stanley Black & Decker by 44.0% during the 4th quarter. Vest Financial LLC now owns 338,624 shares of the industrial products company's stock worth $33,219,000 after buying an additional 103,403 shares during the last quarter. Neo Ivy Capital Management acquired a new stake in shares of Stanley Black & Decker during the 3rd quarter worth $1,605,000. Finally, Dai ichi Life Insurance Company Ltd acquired a new stake in shares of Stanley Black & Decker during the 3rd quarter worth $1,766,000. Hedge funds and other institutional investors own 87.77% of the company's stock.

About Stanley Black & Decker

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.