Stanley Black & Decker Inc (NYSE: SWK)’s stock price has decreased by -0.94 compared to its previous closing price of 90.18. However, the company has seen a -3.85% decrease in its stock price over the last five trading sessions. The Motley Fool reported 2024-04-17 that To become a Dividend King, a company has to increase its dividend annually for at least 50 consecutive years. Five decades is a long time, and even the strongest businesses are likely to face hardships over a span like that.
Is It Worth Investing in Stanley Black & Decker Inc (NYSE: SWK) Right Now?
The 36-month beta value for SWK is also noteworthy at 1.33. There are mixed opinions on the stock, with 11 analysts rating it as a “buy,” 4 rating it as “overweight,” 8 rating it as “hold,” and 0 rating it as “sell.”
The public float for SWK is 150.96M, and at present, short sellers hold a 4.05% of that float. The average trading volume of SWK on April 18, 2024 was 1.32M shares.
SWK’s Market Performance
SWK’s stock has seen a -3.85% decrease for the week, with a 1.36% rise in the past month and a -3.80% fall in the past quarter. The volatility ratio for the week is 2.33%, and the volatility levels for the past 30 days are at 2.35% for Stanley Black & Decker Inc The simple moving average for the last 20 days is -5.18% for SWK stock, with a simple moving average of -1.98% for the last 200 days.
Analysts’ Opinion of SWK
Many brokerage firms have already submitted their reports for SWK stocks, with JP Morgan repeating the rating for SWK by listing it as a “Underweight.” The predicted price for SWK in the upcoming period, according to JP Morgan is $89 based on the research report published on December 14, 2023 of the previous year 2023.
Wolfe Research gave a rating of “Underperform” to SWK, setting the target price at $94 in the report published on August 11th of the previous year.
SWK Trading at -2.15% from the 50-Day Moving Average
After a stumble in the market that brought SWK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.28% of loss for the given period.
Volatility was left at 2.35%, however, over the last 30 days, the volatility rate increased by 2.33%, as shares sank -1.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.18% upper at present.
During the last 5 trading sessions, SWK fell by -3.85%, which changed the moving average for the period of 200-days by -4.67% in comparison to the 20-day moving average, which settled at $94.15. In addition, Stanley Black & Decker Inc saw -8.94% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SWK starting from Robinson Graham, who sale 2,000 shares at the price of $91.83 back on Dec 05 ’23. After this action, Robinson Graham now owns 26,435 shares of Stanley Black & Decker Inc, valued at $183,660 using the latest closing price.
Link Janet, the SVP, General Counsel & Sec’y of Stanley Black & Decker Inc, sale 3,081 shares at $98.76 during a trade that took place back on Aug 07 ’23, which means that Link Janet is holding 32,690 shares at $304,280 based on the most recent closing price.
Stock Fundamentals for SWK
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.25 for the gross margin
The net margin for Stanley Black & Decker Inc stands at -0.02. The total capital return value is set at 0.02. Equity return is now at value -3.00, with -1.16 for asset returns.
Based on Stanley Black & Decker Inc (SWK), the company’s capital structure generated 0.45 points at debt to capital in total, while cash flow to debt ratio is standing at 0.16. The debt to equity ratio resting at 0.81. The interest coverage ratio of the stock is 0.56.
Currently, EBITDA for the company is 1.53 billion with net debt to EBITDA at 5.66. When we switch over and look at the enterprise to sales, we see a ratio of 1.33. The receivables turnover for the company is 12.12for trailing twelve months and the total asset turnover is 0.67. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.19.
Conclusion
In summary, Stanley Black & Decker Inc (SWK) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
