Stanley Black & Decker (NYSE:SWK) Sets New 52-Week Low - Time to Sell?

Shares of Stanley Black & Decker, Inc. (NYSE:SWK - Get Free Report) reached a new 52-week low on Tuesday . The company traded as low as $56.53 and last traded at $57.02, with a volume of 3985004 shares. The stock had previously closed at $59.27.

Analyst Ratings Changes

SWK has been the subject of several recent research reports. Citigroup cut their price target on Stanley Black & Decker from $135.00 to $118.00 and set a "buy" rating for the company in a report on Thursday, February 6th. UBS Group reduced their target price on Stanley Black & Decker from $121.00 to $120.00 and set a "buy" rating for the company in a research report on Friday, February 7th. Barclays lowered their price target on shares of Stanley Black & Decker from $94.00 to $86.00 and set an "equal weight" rating on the stock in a report on Wednesday, March 26th. Jefferies Financial Group began coverage on shares of Stanley Black & Decker in a report on Wednesday, February 19th. They set a "buy" rating and a $103.00 price objective for the company. Finally, Mizuho raised shares of Stanley Black & Decker from a "neutral" rating to an "outperform" rating and set a $110.00 target price on the stock in a research note on Thursday, December 19th. One analyst has rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Stanley Black & Decker has an average rating of "Hold" and an average price target of $102.20.

Stanley Black & Decker Trading Up 0.6 %

The company's fifty day moving average price is $79.49 and its two-hundred day moving average price is $86.97. The company has a quick ratio of 0.37, a current ratio of 1.30 and a debt-to-equity ratio of 0.64. The company has a market cap of $9.12 billion, a price-to-earnings ratio of 30.42, a price-to-earnings-growth ratio of 1.33 and a beta of 1.14.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share for the quarter, beating analysts' consensus estimates of $1.28 by $0.21. Stanley Black & Decker had a return on equity of 7.50% and a net margin of 1.92%. Research analysts expect that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current year.

Stanley Black & Decker Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Stockholders of record on Tuesday, March 4th were given a dividend of $0.82 per share. The ex-dividend date of this dividend was Tuesday, March 4th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 5.56%. Stanley Black & Decker's payout ratio is 169.07%.

Institutional Trading of Stanley Black & Decker

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Ridgewood Investments LLC bought a new position in Stanley Black & Decker in the 4th quarter valued at $36,000. Cape Investment Advisory Inc. boosted its holdings in Stanley Black & Decker by 107.2% in the fourth quarter. Cape Investment Advisory Inc. now owns 458 shares of the industrial products company's stock valued at $37,000 after acquiring an additional 237 shares during the last quarter. Millstone Evans Group LLC acquired a new stake in Stanley Black & Decker in the fourth quarter worth about $40,000. SRS Capital Advisors Inc. raised its holdings in Stanley Black & Decker by 61.8% during the 4th quarter. SRS Capital Advisors Inc. now owns 521 shares of the industrial products company's stock worth $42,000 after purchasing an additional 199 shares during the last quarter. Finally, Montag A & Associates Inc. acquired a new position in Stanley Black & Decker during the 4th quarter valued at about $44,000. Institutional investors and hedge funds own 87.77% of the company's stock.

Stanley Black & Decker Company Profile

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.