Alert: New Earnings Report (7/30/24)-Stanley Black & Decker Inc (NYSE: SWK).

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For its second fiscal quarter (ending June 30), Stanley Black & Decker Inc (NYSE: SWK) has reported E.P.S. of $-0.13 compared to $1.19 a year ago. E.P.S. were $-1.81 for the latest four quarters through June 30 versus $-0.54 for the same period a year ago.

Recent Price Action

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On 7/30/24, Stanley Black & Decker Inc (NYSE: SWK) stock enjoyed a very large increase of 10.0%, closing at $106.05. Moreover, exceptionally high trading volume at 276% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months but has risen 20.9% during the last week.

Current PriceTarget Research Rating

SWK’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.

Stanley Black & Decker has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Stanley Black & Decker has a neutral Appreciation Score of 50 but a poor Power Rating of 21, leading to the Negative Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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