Shares of Stanley Black & Decker, Inc. (NYSE:SWK) have been assigned a consensus recommendation of “Buy” from the twenty-one analysts that are presently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and fifteen have assigned a buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $178.40.

A number of equities research analysts have recently issued reports on the stock. UBS Group assumed coverage on shares of Stanley Black & Decker in a research report on Tuesday, January 23rd. They set a “buy” rating and a $200.00 price objective for the company. Zacks Investment Research downgraded shares of Stanley Black & Decker from a “hold” rating to a “sell” rating in a research report on Tuesday, January 23rd. Seaport Global Securities reissued a “buy” rating and set a $193.00 price objective on shares of Stanley Black & Decker in a research report on Tuesday, January 23rd. JPMorgan Chase & Co. restated a “buy” rating and set a $190.00 target price on shares of Stanley Black & Decker in a research note on Thursday, January 25th. Finally, MKM Partners lifted their target price on shares of Stanley Black & Decker from $170.59 to $200.00 and gave the company a “buy” rating in a research note on Thursday, January 25th.

Shares of Stanley Black & Decker (NYSE SWK) traded down $0.97 during mid-day trading on Tuesday, hitting $157.07. 916,933 shares of the stock were exchanged, compared to its average volume of 1,238,178. Stanley Black & Decker has a 12-month low of $124.85 and a 12-month high of $176.62. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.58 and a current ratio of 1.05. The company has a market cap of $24,050.00, a P/E ratio of 19.51, a price-to-earnings-growth ratio of 1.80 and a beta of 0.97.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings data on Wednesday, January 24th. The industrial products company reported $2.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.14 by $0.04. Stanley Black & Decker had a net margin of 9.62% and a return on equity of 15.48%. The firm had revenue of $3.41 billion during the quarter, compared to the consensus estimate of $3.27 billion. During the same quarter in the previous year, the firm posted $1.71 EPS. The company’s revenue for the quarter was up 16.9% compared to the same quarter last year. sell-side analysts expect that Stanley Black & Decker will post 8.43 earnings per share for the current fiscal year.

In related news, EVP Jeffrey D. Ansell sold 5,737 shares of Stanley Black & Decker stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $169.20, for a total transaction of $970,700.40. Following the transaction, the executive vice president now owns 57,480 shares in the company, valued at approximately $9,725,616. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 1.15% of the stock is currently owned by insiders.

A number of hedge funds have recently made changes to their positions in the business. Advisory Services Network LLC lifted its stake in Stanley Black & Decker by 11.0% in the 2nd quarter. Advisory Services Network LLC now owns 1,739 shares of the industrial products company’s stock worth $245,000 after purchasing an additional 172 shares in the last quarter. DnB Asset Management AS lifted its stake in Stanley Black & Decker by 1.4% in the 4th quarter. DnB Asset Management AS now owns 21,634 shares of the industrial products company’s stock worth $3,671,000 after purchasing an additional 300 shares in the last quarter. Foyston Gordon & Payne Inc lifted its stake in Stanley Black & Decker by 1.1% in the 3rd quarter. Foyston Gordon & Payne Inc now owns 29,889 shares of the industrial products company’s stock worth $4,512,000 after purchasing an additional 318 shares in the last quarter. Amalgamated Bank lifted its stake in Stanley Black & Decker by 1.9% in the 3rd quarter. Amalgamated Bank now owns 17,644 shares of the industrial products company’s stock worth $2,664,000 after purchasing an additional 337 shares in the last quarter. Finally, CIBC Asset Management Inc lifted its stake in Stanley Black & Decker by 2.4% in the 3rd quarter. CIBC Asset Management Inc now owns 14,576 shares of the industrial products company’s stock worth $2,201,000 after purchasing an additional 340 shares in the last quarter. Institutional investors and hedge funds own 84.01% of the company’s stock.

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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.

Analyst Recommendations for Stanley Black & Decker (NYSE:SWK)

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