Stanley Black & Decker (NYSE:SWK) Stock Price Breaks Above Two Hundred Day Moving Average - What's Next?

Key Points

• Stanley Black & Decker shares broke above their 200-day moving average, reaching $99.63 compared with the $87.33 average, and last traded near $99.47.
• Analyst sentiment remains mixed: the stock has a consensus “Hold” rating and a $94.11 average price target, despite Citigroup’s “Buy” upgrade and Mizuho’s “Outperform” rating.
• The company beat quarterly earnings expectations, reporting $1.57 in EPS versus a $1.21 estimate, while institutional investors hold 87.77% of its shares.

Stanley Black & Decker, Inc. (NYSE:SWK - Get Free Report) shares passed above its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $87.33 and traded as high as $99.63. Stanley Black & Decker shares last traded at $99.4710, with a volume of 1,476,653 shares trading hands.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Mizuho dropped their target price on Stanley Black & Decker from $110.00 to $105.00 and set an "outperform" rating for the company in a research report on Thursday, October 15th. Weiss Ratings upgraded Stanley Black & Decker from a "hold (c)" rating to a "hold (c+)" rating in a report on Friday, July 31st. Wells Fargo & Company lowered their price objective on Stanley Black & Decker from $95.00 to $90.00 and set an "equal weight" rating for the company in a research report on Friday, October 16th. Morgan Stanley set a $100.00 price objective on Stanley Black & Decker in a report on Tuesday, October 6th. Finally, Citigroup boosted their price objective on Stanley Black & Decker from $100.00 to $107.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Four equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $94.11.

Stanley Black & Decker Price Performance

The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.55 and a current ratio of 1.43. The company has a 50-day moving average price of $93.20 and a 200-day moving average price of $87.33. The firm has a market capitalization of $15.02 billion, a P/E ratio of 24.26, a price-to-earnings-growth ratio of 1.47 and a beta of 1.17.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last released its earnings results on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.36. Stanley Black & Decker had a return on equity of 8.78% and a net margin of 4.07%. The firm had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.97 billion. During the same quarter in the prior year, the firm posted $1.08 earnings per share. The company's quarterly revenue was up .4% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, sell-side analysts predict that Stanley Black & Decker, Inc. will post 5.59 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of SWK. BlackRock Inc. acquired a new position in shares of Stanley Black & Decker in the 2nd quarter valued at $1,006,417,000. Nykredit A S acquired a new stake in Stanley Black & Decker during the 2nd quarter worth $166,378,000. Confluence Investment Management LLC acquired a new stake in Stanley Black & Decker during the 2nd quarter worth $126,909,000. Bank of New York Mellon Corp bought a new position in Stanley Black & Decker during the second quarter worth about $123,843,000. Finally, Bank of America Corp DE bought a new position in Stanley Black & Decker during the second quarter worth about $85,606,000. Institutional investors and hedge funds own 87.77% of the company's stock.

Stanley Black & Decker Company Profile

Stanley Black & Decker, Inc is a global manufacturer of tools, outdoor products and related equipment. The company serves professional contractors, industrial customers, do-it-yourself consumers and outdoor enthusiasts through a portfolio that includes power tools, hand tools, storage solutions, accessories, lawn and garden equipment, and other outdoor products.

Its brands include DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER, Cub Cadet, Hustler and Troy-Bilt. Products are sold through retailers, distributors, e-commerce channels and other commercial outlets, supporting construction, maintenance, manufacturing, automotive repair and residential applications.

The company was formed in 2010 through the merger of The Stanley Works and The Black & Decker Corporation.

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