The stock of Stanley Black & Decker Inc (NYSE: SWK) has increased by 1.24 when compared to last closing price of 103.00. Despite this, the company has experienced a 6.78% gain in its stock price over the last five trading sessions. 247wallst.com reported 2024-09-17 that 24/7 Wall St. Insights The futures market has 100% priced in a 25-basis-point rate cut.
Is It Worth Investing in Stanley Black & Decker Inc (NYSE: SWK) Right Now?
Company’s 36-month beta value is 1.23.Analysts have differing opinions on the stock, with 11 analysts rating it as a “buy,” 4 as “overweight,” 8 as “hold,” and 0 as “sell.”
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The public float for SWK is 153.34M, and currently, short sellers hold a 3.09% ratio of that floaft. The average trading volume of SWK on September 18, 2024 was 1.43M shares.
SWK’s Market Performance
The stock of Stanley Black & Decker Inc (SWK) has seen a 6.78% increase in the past week, with a 7.12% rise in the past month, and a 23.95% gain in the past quarter. The volatility ratio for the week is 2.79%, and the volatility levels for the past 30 days are at 2.25% for SWK. The simple moving average for the last 20 days is 4.81% for SWK stock, with a simple moving average of 13.63% for the last 200 days.
Analysts’ Opinion of SWK
Many brokerage firms have already submitted their reports for SWK stocks, with Morgan Stanley repeating the rating for SWK by listing it as a “Equal-Weight.” The predicted price for SWK in the upcoming period, according to Morgan Stanley is $107 based on the research report published on September 06, 2024 of the current year 2024.
Barclays, on the other hand, stated in their research note that they expect to see SWK reach a price target of $86, previously predicting the price at $100. The rating they have provided for SWK stocks is “Equal Weight” according to the report published on June 04th, 2024.
JP Morgan gave a rating of “Underweight” to SWK, setting the target price at $89 in the report published on December 14th of the previous year.
SWK Trading at 9.16% 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 -3.58% of loss for the given period.
Volatility was left at 2.25%, however, over the last 30 days, the volatility rate increased by 2.79%, as shares surge +6.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +28.29% upper at present.
During the last 5 trading sessions, SWK rose by +6.21%, which changed the moving average for the period of 200-days by +14.10% in comparison to the 20-day moving average, which settled at $99.83. In addition, Stanley Black & Decker Inc saw 6.30% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SWK starting from Link Janet, who sale 13,520 shares at the price of $103.91 back on Aug 01 ’24. After this action, Link Janet now owns 31,960 shares of Stanley Black & Decker Inc, valued at $1,404,847 using the latest closing price.
Link Janet, the Officer of Stanley Black & Decker Inc, proposed sale 13,520 shares at $103.91 during a trade that took place back on Aug 01 ’24, which means that Link Janet is holding shares at $1,404,847 based on the most recent closing price.
Stock Fundamentals for SWK
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.28 for the gross margin
The net margin for Stanley Black & Decker Inc stands at -0.02. The total capital return value is set at 0.05. Equity return is now at value -2.97, with -1.14 for asset returns.
Based on Stanley Black & Decker Inc (SWK), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at 0.22. The debt to equity ratio resting at 0.72. The interest coverage ratio of the stock is 1.76.
Currently, EBITDA for the company is 1.53 billion with net debt to EBITDA at 3.28. When we switch over and look at the enterprise to sales, we see a ratio of 1.41. The receivables turnover for the company is 10.31for trailing twelve months and the total asset turnover is 0.69. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.27.
Conclusion
In a nutshell, Stanley Black & Decker Inc (SWK) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
