Stanley Black & Decker (NYSE:SWK - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 4.550-4.750 for the period, compared to the consensus EPS estimate of 4.397. The company issued revenue guidance of -.
Analyst Upgrades and Downgrades
Several research analysts have recently issued reports on the company. JPMorgan Chase & Co. lowered their price objective on Stanley Black & Decker from $93.00 to $60.00 and set an "underweight" rating for the company in a research report on Monday, May 5th. Barclays lowered their price objective on Stanley Black & Decker from $90.00 to $89.00 and set an "overweight" rating for the company in a research report on Wednesday. Robert W. Baird upped their price objective on Stanley Black & Decker from $65.00 to $78.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 22nd. Wall Street Zen cut Stanley Black & Decker from a "buy" rating to a "hold" rating in a research report on Saturday. Finally, UBS Group lowered their price objective on Stanley Black & Decker from $120.00 to $100.00 and set a "buy" rating for the company in a research report on Tuesday, May 13th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $93.80.
Read Our Latest Analysis on SWK
Stanley Black & Decker Stock Performance
Shares of NYSE SWK traded down $0.81 during trading hours on Wednesday, reaching $67.80. The stock had a trading volume of 3,389,297 shares, compared to its average volume of 2,030,745. The firm has a market cap of $10.49 billion, a price-to-earnings ratio of 21.52, a PEG ratio of 1.30 and a beta of 1.18. The company has a current ratio of 1.04, a quick ratio of 0.36 and a debt-to-equity ratio of 0.52. Stanley Black & Decker has a fifty-two week low of $53.91 and a fifty-two week high of $110.88. The firm has a 50-day moving average of $68.43 and a 200-day moving average of $73.27.
Stanley Black & Decker (NYSE:SWK - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The industrial products company reported $1.08 earnings per share for the quarter, topping analysts' consensus estimates of $0.38 by $0.70. Stanley Black & Decker had a return on equity of 7.76% and a net margin of 3.15%. The company had revenue of $3.95 billion during the quarter, compared to analysts' expectations of $4.01 billion. During the same period last year, the firm earned $1.09 EPS. The firm's revenue for the quarter was down 6.2% on a year-over-year basis. Equities research analysts predict that Stanley Black & Decker will post 5.16 earnings per share for the current year.
Stanley Black & Decker Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd will be given a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 4.90%. This is a boost from Stanley Black & Decker's previous quarterly dividend of $0.82. The ex-dividend date of this dividend is Tuesday, September 2nd. Stanley Black & Decker's dividend payout ratio (DPR) is presently 136.10%.
Institutional Trading of Stanley Black & Decker
A number of hedge funds have recently added to or reduced their stakes in SWK. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Stanley Black & Decker by 3.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,648 shares of the industrial products company's stock worth $1,203,000 after buying an additional 559 shares in the last quarter. Empowered Funds LLC raised its stake in shares of Stanley Black & Decker by 8.2% during the 1st quarter. Empowered Funds LLC now owns 4,645 shares of the industrial products company's stock worth $357,000 after buying an additional 353 shares in the last quarter. Finally, Focus Partners Wealth raised its stake in shares of Stanley Black & Decker by 18.8% during the 1st quarter. Focus Partners Wealth now owns 6,981 shares of the industrial products company's stock worth $537,000 after buying an additional 1,105 shares in the last quarter. 87.77% of the stock is owned by institutional investors and hedge funds.
Stanley Black & Decker Company Profile
(
Get Free Report)
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.
See Also
Before you consider Stanley Black & Decker, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Stanley Black & Decker wasn't on the list.
While Stanley Black & Decker currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
