Somewhat Positive Press Coverage Somewhat Unlikely to Affect Stanley Black & Decker (SWK) Stock Price

Headlines about Stanley Black & Decker (NYSE:SWK) have trended somewhat positive recently, Accern reports. The research group scores the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Stanley Black & Decker earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news headlines about the industrial products company an impact score of 45.8353301921124 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the news headlines that may have effected Accern’s analysis:

SWK stock traded down $3.15 during mid-day trading on Friday, hitting $151.31. The stock had a trading volume of 982,818 shares, compared to its average volume of 1,258,475. The firm has a market capitalization of $23,804.06, a P/E ratio of 18.80, a P/E/G ratio of 1.80 and a beta of 0.98. Stanley Black & Decker has a 1-year low of $128.08 and a 1-year high of $176.62. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.05 and a quick ratio of 0.58.

Stanley Black & Decker (NYSE:SWK) last posted its quarterly earnings data on Wednesday, January 24th. The industrial products company reported $2.18 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.14 by $0.04. The business had revenue of $3.41 billion during the quarter, compared to the consensus estimate of $3.27 billion. Stanley Black & Decker had a return on equity of 15.89% and a net margin of 9.62%. The company’s revenue was up 16.9% compared to the same quarter last year. During the same period in the prior year, the company earned $1.71 earnings per share. equities research analysts expect that Stanley Black & Decker will post 8.42 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 20th. Stockholders of record on Friday, March 9th were issued a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 1.67%. The ex-dividend date of this dividend was Thursday, March 8th. Stanley Black & Decker’s payout ratio is currently 31.30%.

A number of analysts recently weighed in on the stock. Barclays assumed coverage on shares of Stanley Black & Decker in a research note on Thursday, February 15th. They set an “overweight” rating and a $184.00 target price on the stock. Morgan Stanley set a $178.00 price target on Stanley Black & Decker and gave the company a “buy” rating in a report on Monday, March 12th. JPMorgan Chase & Co. reaffirmed a “buy” rating and issued a $190.00 price target on shares of Stanley Black & Decker in a report on Thursday, January 25th. Seaport Global Securities reaffirmed a “buy” rating and issued a $193.00 price target on shares of Stanley Black & Decker in a report on Tuesday, January 23rd. Finally, UBS initiated coverage on Stanley Black & Decker in a report on Tuesday, January 23rd. They issued a “buy” rating and a $200.00 price target for the company. Two analysts have rated the stock with a sell rating, three have issued a hold rating and sixteen have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $180.35.

In other news, SVP Joseph R. Voelker sold 3,284 shares of the stock in a transaction that occurred on Monday, March 5th. The stock was sold at an average price of $151.44, for a total value of $497,328.96. Following the completion of the sale, the senior vice president now directly owns 20,367 shares of the company’s stock, valued at $3,084,378.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.69% of the stock is currently owned by corporate insiders.

TRADEMARK VIOLATION WARNING: “Somewhat Positive Press Coverage Somewhat Unlikely to Affect Stanley Black & Decker (SWK) Stock Price” was originally posted by Ticker Report and is owned by of Ticker Report. If you are accessing this article on another publication, it was copied illegally and republished in violation of United States & international trademark & copyright laws. The legal version of this article can be read at https://www.tickerreport.com/banking-finance/3297566/somewhat-positive-press-coverage-somewhat-unlikely-to-affect-stanley-black-decker-swk-stock-price.html.

Stanley Black & Decker Company Profile

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.

Insider Buying and Selling by Quarter for Stanley Black & Decker (NYSE:SWK)

Receive News & Ratings for Stanley Black & Decker Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stanley Black & Decker and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Post  Earning Somewhat Favorable News Coverage, Report Shows
Post Earning Somewhat Favorable News Coverage, Report Shows
Somewhat Positive News Coverage Somewhat Unlikely to Impact iShares S&P Small-Cap 600 Growth ETF  Stock Price
Somewhat Positive News Coverage Somewhat Unlikely to Impact iShares S&P Small-Cap 600 Growth ETF Stock Price
Callon Petroleum  Price Target Increased to $16.00 by Analysts at KeyCorp
Callon Petroleum Price Target Increased to $16.00 by Analysts at KeyCorp
Homology Medicines  Now Covered by Cowen
Homology Medicines Now Covered by Cowen
Boot Barn  Coverage Initiated at Cowen
Boot Barn Coverage Initiated at Cowen
Kansas City Southern Railway  Upgraded by BMO Capital Markets to “Outperform”
Kansas City Southern Railway Upgraded by BMO Capital Markets to “Outperform”


© 2006-2018 Ticker Report. Google+.