Stanley Black & Decker (SWK) to report quarterly results on Tuesday

Stanley Black & Decker (NYSE: SWK) will report its results before the market opens on Tuesday, July 27. Analysts expect Stanley Black & Decker to post earnings of $ 2.84 per share for the quarter. Those wishing to register for the corporate earnings conference call can do so using this link.

Stanley Black & Decker (NYSE: SWK) last released its quarterly results on Tuesday, April 27. The industrials company reported EPS of $ 3.13 for the quarter, beating the consensus estimate of $ 2.56 by $ 0.57. The company posted revenue of $ 4.20 billion for the quarter, compared to $ 3.91 billion expected by analysts. Stanley Black & Decker had a net margin of 10.18% and a return on equity of 19.02%. Stanley Black & Decker’s revenue for the quarter increased 34.1% from the same quarter last year. During the same period of the previous year, the company made a profit of $ 1.20 per share. On average, analysts expect Stanley Black & Decker to post EPS of $ 11 for the current fiscal year and $ 12 for the next fiscal year.

Shares of SWK opened at $ 200.35 on Tuesday. The company has a leverage ratio of 0.43, a current ratio of 1.42, and a quick ratio of 0.74. Stanley Black & Decker has a one-year low of $ 148.88 and a one-year high of $ 225.00. The company has a 50-day moving average of $ 207.58. The stock has a market cap of $ 32.36 billion, a PE ratio of 20.40, a P / E / G ratio of 1.56 and a beta of 1.44.

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 22. Shareholders of record on Tuesday, June 8 received a dividend of $ 0.70 per share. The ex-dividend date of this dividend was Monday June 7. This represents an annualized dividend of $ 2.80 and a return of 1.40%. Stanley Black & Decker’s dividend payout ratio (DPR) is currently 30.97%.

In other Stanley Black & Decker news, SVP Janet Link sold 7,446 shares in a trade on Monday, May 3. The stock was sold at an average price of $ 209.03, for a total transaction of $ 1,556,437.38. Following the closing of the transaction, the Senior Vice-President now directly owns 29,461 shares of the company, valued at $ 6,158,232.83. The sale was disclosed in a filing with the SEC, which is available on the SEC’s website. Additionally, Executive Vice President Jaime A. Ramirez sold 8,315 shares in a trade on Tuesday, May 4. The stock was sold for an average price of $ 209.99, for a total value of $ 1,746,066.85. Following the sale, the Executive Vice President now owns 31,059 shares of the company, valued at approximately $ 6,522,079.41. Disclosure of this sale can be found here. Company insiders own 0.93% of the company’s shares.

Several equity research analysts have weighed in on SWK stocks recently. Morgan Stanley increased its price target for Stanley Black & Decker from $ 220.00 to $ 230.00 and rated the stock “overweight” in a report released Thursday, April 29. JPMorgan Chase & Co. raised its price target for Stanley Black & Decker from $ 200.00 to $ 206.00 and rated the stock “neutral” in a report released on Wednesday April 7th. Gabelli downgraded Stanley Black & Decker from a “hold” rating to a “buy” rating in a report released Thursday, June 17th. G.Research changed Stanley Black & Decker from a “hold” note to a “buy” note in a Thursday, June 17th research note. Finally, Robert W. Baird reissued a “buy” note on Stanley Black & Decker shares in a research note on Tuesday, May 18. Four investment analysts gave the stock a conservation rating and eight gave the company’s stock a buy rating. The stock currently has an average rating of “Buy” and a consensus price target of $ 216.60.

Stanley Black & Decker Company Profile

Stanley Black & Decker, Inc. engages in tools and storage, industrial and safety businesses around the world. Its Tools & Storage segment offers power tools and equipment, including professional products, such as professional-grade corded and cordless power tools and equipment, and pneumatic tools and fasteners; and consumer products including corded and cordless power tools primarily under the BLACK + DECKER brand, as well as lawn and garden products and related accessories, and home products.

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Stanley Black & Decker Earnings History (NYSE: SWK)

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