Stanley Black & Decker, Inc. (NYSE:SWK) Receives Average Recommendation of "Hold" from Analysts

Shares of Stanley Black & Decker, Inc. (NYSE:SWK - Get Free Report) have received a consensus recommendation of "Hold" from the ten research firms that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $91.10.

Several research firms have weighed in on SWK. Jefferies Financial Group began coverage on Stanley Black & Decker in a report on Wednesday, February 19th. They issued a "buy" rating and a $103.00 target price on the stock. Robert W. Baird upped their target price on Stanley Black & Decker from $60.00 to $65.00 and gave the company a "neutral" rating in a report on Thursday, May 1st. JPMorgan Chase & Co. reduced their price objective on Stanley Black & Decker from $93.00 to $60.00 and set an "underweight" rating on the stock in a research report on Monday, May 5th. Wells Fargo & Company reduced their price objective on Stanley Black & Decker from $70.00 to $60.00 and set an "equal weight" rating on the stock in a research report on Thursday, May 1st. Finally, Barclays upgraded Stanley Black & Decker from an "equal weight" rating to an "overweight" rating and upped their price objective for the company from $69.00 to $90.00 in a research report on Tuesday, May 13th.

Stanley Black & Decker Price Performance

Stanley Black & Decker stock traded down $0.82 during trading hours on Friday, hitting $65.52. The stock had a trading volume of 1,917,867 shares, compared to its average volume of 1,889,099. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.30 and a quick ratio of 0.37. The stock has a market capitalization of $10.14 billion, a price-to-earnings ratio of 33.77, a PEG ratio of 1.33 and a beta of 1.19. Stanley Black & Decker has a 1-year low of $53.91 and a 1-year high of $110.88. The stock's fifty day moving average is $66.10 and its two-hundred day moving average is $78.62.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last posted its earnings results on Wednesday, April 30th. The industrial products company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.07. The company had revenue of $3.74 billion for the quarter, compared to analyst estimates of $3.73 billion. Stanley Black & Decker had a return on equity of 7.50% and a net margin of 1.92%. Stanley Black & Decker's revenue was down 3.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.56 earnings per share. As a group, analysts predict that Stanley Black & Decker will post 5.16 earnings per share for the current fiscal year.

Stanley Black & Decker Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 17th. Investors of record on Tuesday, June 3rd will be given a dividend of $0.82 per share. The ex-dividend date is Tuesday, June 3rd. This represents a $3.28 annualized dividend and a yield of 5.01%. Stanley Black & Decker's dividend payout ratio (DPR) is presently 136.10%.

Institutional Investors Weigh In On Stanley Black & Decker

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Americana Partners LLC increased its stake in Stanley Black & Decker by 180.5% during the fourth quarter. Americana Partners LLC now owns 112,889 shares of the industrial products company's stock worth $9,064,000 after acquiring an additional 72,637 shares during the last quarter. Avanza Fonder AB acquired a new stake in Stanley Black & Decker during the fourth quarter worth about $1,287,000. Cascade Investment Advisors Inc. acquired a new stake in Stanley Black & Decker during the fourth quarter worth about $1,076,000. Fort Washington Investment Advisors Inc. OH increased its stake in Stanley Black & Decker by 7.3% during the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 1,594,895 shares of the industrial products company's stock worth $128,054,000 after acquiring an additional 109,100 shares during the last quarter. Finally, Barclays PLC increased its stake in Stanley Black & Decker by 30.9% during the third quarter. Barclays PLC now owns 427,337 shares of the industrial products company's stock worth $47,061,000 after acquiring an additional 100,894 shares during the last quarter. 87.77% of the stock is currently owned by institutional investors and hedge funds.

About Stanley Black & Decker

Stanley Black & Decker, Inc engages in the provision of power and hand tools, and related accessories, products, services and equipment for oil and gas, infrastructure applications, commercial electronic security and monitoring systems, healthcare solutions, and mechanical access solutions. It operates through the Tools and Outdoor and Industrial segments.