Press coverage about Stanley Black & Decker (NYSE:SWK) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Stanley Black & Decker earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave media stories about the industrial products company an impact score of 45.9624833164025 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
A number of analysts have commented on SWK shares. Wells Fargo & Company restated an “outperform” rating and set a $175.00 target price (up previously from $165.00) on shares of Stanley Black & Decker in a research note on Wednesday, October 18th. Nomura set a $180.00 target price on shares of Stanley Black & Decker and gave the stock a “buy” rating in a research note on Wednesday, October 25th. Zelman & Associates upgraded shares of Stanley Black & Decker from a “hold” rating to a “buy” rating in a research note on Wednesday, October 18th. Northcoast Research started coverage on shares of Stanley Black & Decker in a research note on Friday, October 20th. They set a “buy” rating and a $193.00 target price for the company. Finally, Robert W. Baird raised their price target on shares of Stanley Black & Decker from $162.00 to $172.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 25th. One analyst has rated the stock with a sell rating, two have issued a hold rating and seventeen have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $167.29.
Stanley Black & Decker (NYSE SWK) opened at $169.81 on Tuesday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.69 and a current ratio of 1.26. Stanley Black & Decker has a 1 year low of $114.27 and a 1 year high of $170.90. The stock has a market cap of $25,875.03, a price-to-earnings ratio of 24.24, a P/E/G ratio of 2.19 and a beta of 1.03.
Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings results on Tuesday, October 24th. The industrial products company reported $1.95 EPS for the quarter, beating the Zacks’ consensus estimate of $1.87 by $0.08. Stanley Black & Decker had a net margin of 9.79% and a return on equity of 15.41%. The business had revenue of $3.30 billion during the quarter, compared to analyst estimates of $3.15 billion. During the same quarter in the previous year, the business posted $1.68 EPS. Stanley Black & Decker’s quarterly revenue was up 14.5% on a year-over-year basis. research analysts expect that Stanley Black & Decker will post 7.39 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 19th. Investors of record on Friday, December 1st will be issued a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date of this dividend is Thursday, November 30th. Stanley Black & Decker’s dividend payout ratio (DPR) is currently 31.82%.
In other Stanley Black & Decker news, CEO James M. Loree sold 70,531 shares of the company’s stock in a transaction dated Monday, October 30th. The shares were sold at an average price of $161.80, for a total transaction of $11,411,915.80. Following the sale, the chief executive officer now directly owns 175,449 shares of the company’s stock, valued at $28,387,648.20. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider John H. Wyatt sold 6,956 shares of the stock in a transaction dated Friday, September 8th. The stock was sold at an average price of $147.96, for a total transaction of $1,029,209.76. Following the completion of the sale, the insider now directly owns 49,188 shares in the company, valued at $7,277,856.48. The disclosure for this sale can be found here. Insiders sold a total of 140,257 shares of company stock worth $22,563,420 over the last three months. 1.15% of the stock is owned by insiders.
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About Stanley Black & Decker
Stanley Black & Decker, Inc is a global provider of hand tools, power tools and related accessories, mechanical access solutions, such as automatic doors and commercial locking systems, electronic security and monitoring systems, healthcare solutions, engineered fastening systems, and products and services for various industrial applications.
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