Stock Rating Upgrade
During the last several trading days the Value Trend Rating for Stanley Black & Decker Inc (NYSE: SWK) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Stanley Black & Decker Inc (NYSE: SWK) stock closed at $101.98 on 10/25/24 after a slight decline of -0.9%. NORMAL trading volume accompanied the decline. The stock has declined -3.0% during the last week but has been strong relative to 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 B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Stanley Black & Decker has a neutral Appreciation Score of 49 but a good Power Rating of 80, and the Positive Value Trend Rating results.
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