Stanley Black & Decker Inc (NYSE: SWK) has reported earnings for its first fiscal quarter (ending March 31) of $0.13 versus a loss $-1.26 for the same period a year ago. This result fell short of the consensus estimate of $1.05 by $-0.92. For the latest four quarters through March 31, E.P.S. were $-0.49 compared to $-1.19 a year ago.
Recent Price Action
Stanley Black & Decker Inc (NYSE: SWK) stock closed at $84.99 on 5/2/24 after a large decline of -7.5%. Moreover, this decline was accompanied by exceptionally high trading volume at 495% of normal. The stock has declined -5.8% during the last week and has performed in line with the market over the last nine months.
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 C (Low Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Stanley Black & Decker has a neutral Appreciation Score of 49 and a neutral Power Rating of 40, leading to the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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