Stanley Black & Decker Inc (SWK) Shares on the Rise: Short-term Analysis

Stanley Black & Decker Inc [SWK] stock prices are up 3.68% to $89.57 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The SWK shares have gain 2.52% over the last week, with a monthly amount glided 9.41%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Stanley Black & Decker Inc [NYSE: SWK] stock has seen the most recent analyst activity on June 04, 2024, when Barclays downgraded its rating to a Equal Weight and also revised its price target to $86 from $100. Previously, JP Morgan downgraded its rating to Underweight on December 14, 2023, and kept the price target unchanged to $89. On October 27, 2023, upgrade upgraded it’s rating to Buy. Wolfe Research downgraded its rating to a Underperform but stick to its price target of $94 on August 11, 2023. Citigroup upgraded its rating to a Neutral and raised its price target to $106 on February 03, 2023. Longbow downgraded its rating to Neutral for this stock on February 03, 2023. In a note dated October 28, 2022, Robert W. Baird downgraded an Neutral rating on this stock and revised its target price from $85 to $80.

The stock price of Stanley Black & Decker Inc [SWK] has been fluctuating between $76.26 and $104.21 over the past year. Currently, Wall Street analysts expect the stock to reach $151 within the next 12 months. Stanley Black & Decker Inc [NYSE: SWK] shares were valued at $89.57 at the most recent close of the market. An investor can expect a potential return of 68.58% based on the average SWK price forecast.

Analyzing the SWK fundamentals

The Stanley Black & Decker Inc [NYSE:SWK] reported sales of 15.72B for trailing twelve months, representing a drop of -1.58%. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.01 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.84.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 86.68 points at the first support level, and at 83.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 91.95, and for the 2nd resistance point, it is at 94.33.

Ratios To Look Out For

It’s worth pointing out that Stanley Black & Decker Inc [NYSE:SWK]’s Current Ratio is 1.09. On the other hand, the Quick Ratio is 0.40, and the Cash Ratio is 0.07. Considering the valuation of this stock, the price to sales ratio is 0.88, the price to book ratio is 1.55.

Transactions by insiders

Recent insider trading involved Link Janet, SVP, General Counsel & Sec’y, that happened on May 06 ’24 when 3442.0 shares were sold. SVP & President of Industrial, Robinson Graham completed a deal on Dec 05 ’23 to sell 2000.0 shares. Meanwhile, SVP, General Counsel & Sec’y Link Janet sold 3081.0 shares on Aug 07 ’23.

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