Morgan Stanley has recently initiated Stanley Black & Decker Inc (SWK) stock rating, as announced on September 6, 2024, according to Finviz. Earlier, on June 4, 2024, Barclays had reduced the stock from a Overweight to Equal Weight, setting a price target of $86 for SWK stock. JP Morgan also reduced Underweight rating with a price target of $89. Additionally, Citigroup raised Buy rating on October 27, 2023. Wolfe Research analysts, in their report published on August 11, 2023, also reduced Underperform rating and set a price target of $94 for Stanley Black & Decker Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Sponsored
Stanley Black & Decker Inc (SWK) Stock Trading Recap
On Friday, Stanley Black & Decker Inc (SWK) stock saw a modest uptick, ending the day at $101.35 which represents a slight increase of $3.52 or 3.60% from the prior close of $97.83. The stock opened at $98.26 and touched a low of $98.26 during the day, reaching a high of $102. The volume of shares traded was 1.35 million falling short of the average volume of 1.43 million.
SWK Stock Performance and Moving Averages
In recent trading, Stanley Black & Decker Inc (SWK) stock price has shown some volatility, fluctuating 4.29% over the last five trades and 6.24% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 13.13%, and it has gained 18.00% in the previous three months. Currently, SWK is trading at 2.66%, 7.58%, and 10.64% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, SWK, a Industrials sector stock, is trading -6.29% below its 52-week high but remains 32.90% above its 52-week low. The Average True Range (ATR) (14 days) of 2.69 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Stanley Black & Decker Inc’s Profitability and Valuation Ratios
Stanley Black & Decker Inc’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 9.73% and a profit margin of -1.74%, with a gross margin of 13.13%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Stanley Black & Decker Inc’s market capitalization stands at $15.60 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The forward P/E ratio, which uses projected earnings for the next financial year, is 17.94. Additionally, the Price-to-Sales Ratio is 1, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 1.79, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.41% of Stanley Black & Decker Inc (SWK)’s shares, while financial institutions hold 92.18%.
Notable insider trades include Link Janet, SVP, General Counsel & Sec’y at Stanley Black & Decker Inc (SWK), who sold 13520 shares on Aug 01 ’24, at $103.91 each, totaling $1.40 million. On May 06 ’24, Link Janet, SVP, General Counsel & Sec’y, sold 3442 shares for $86.8 each, amounting to $0.30 million. Additionally, on Dec 05 ’23, Robinson Graham sold 2000 shares at $91.83 each, generating $0.18 million.
