Stanley Black & Decker Inc (NYSE: SWK) has reported E.P.S. of $0.61 for its third fiscal quarter (ending September 30) versus $0.03 for the same period a year ago — an increase of 1933%. For the latest four quarters through September 30, E.P.S. were $-1.23 compared to $-0.76 a year ago — an increase of 62%.
Recent Price Action
On 10/29/24, Stanley Black & Decker Inc (NYSE: SWK) stock suffered a large decline of -8.8%, closing at $93.89. Moreover, this decline was accompanied by exceptionally high trading volume at 551% of normal. Relative to the market the stock has been strong over the last nine months but has declined -11.2% 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 B (Positive). 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 49 but a good Power Rating of 80, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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