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

Media coverage about Stanley Black & Decker (NYSE:SWK) has trended somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Stanley Black & Decker earned a news impact score of 0.21 on Accern’s scale. Accern also gave news headlines about the industrial products company an impact score of 48.0463791976262 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

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

Stanley Black & Decker traded down $0.83, reaching $146.71, during trading hours on Wednesday, reports. 1,208,776 shares of the company traded hands, compared to its average volume of 1,281,601. The stock has a market capitalization of $22.85 billion, a price-to-earnings ratio of 19.69, a PEG ratio of 1.73 and a beta of 1.02. Stanley Black & Decker has a 1 year low of $135.07 and a 1 year high of $176.62. The company has a current ratio of 1.06, a quick ratio of 0.57 and a debt-to-equity ratio of 0.37.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings data on Friday, April 20th. The industrial products company reported $1.39 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.35 by $0.04. The business had revenue of $3.21 billion during the quarter, compared to analysts’ expectations of $3.10 billion. Stanley Black & Decker had a return on equity of 15.65% and a net margin of 7.63%. The firm’s quarterly revenue was up 12.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.29 earnings per share. equities research analysts predict that Stanley Black & Decker will post 8.42 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 19th. Shareholders of record on Wednesday, June 6th will be paid a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date is Tuesday, June 5th. Stanley Black & Decker’s payout ratio is 33.83%.

SWK has been the subject of a number of research analyst reports. Seaport Global Securities restated a “buy” rating and issued a $193.00 target price on shares of Stanley Black & Decker in a research note on Tuesday, January 23rd. UBS initiated coverage on Stanley Black & Decker in a research note on Tuesday, January 23rd. They issued a “buy” rating and a $200.00 target price for the company. MKM Partners raised their target price on Stanley Black & Decker from $170.59 to $200.00 and gave the company a “buy” rating in a research note on Thursday, January 25th. JPMorgan Chase & Co. restated a “buy” rating and issued a $190.00 target price on shares of Stanley Black & Decker in a research note on Thursday, January 25th. Finally, Morgan Stanley set a $178.00 target price on Stanley Black & Decker and gave the company a “buy” rating in a research note on Monday, March 12th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and fifteen have given a buy rating to the company’s stock. Stanley Black & Decker presently has a consensus rating of “Buy” and a consensus target price of $180.50.

In other Stanley Black & Decker news, Director Michael David Hankin bought 350 shares of Stanley Black & Decker stock in a transaction on Friday, April 27th. The stock was acquired at an average price of $143.28 per share, with a total value of $50,148.00. Following the acquisition, the director now owns 1,250 shares in the company, valued at $179,100. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Joseph R. Voelker sold 3,284 shares of Stanley Black & Decker stock in a transaction 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 approximately $3,084,378.48. The disclosure for this sale can be found here. 0.69% of the stock is currently owned by insiders.

About Stanley Black & Decker

Stanley Black & Decker, Inc provides tools and storage, engineered fastening and infrastructure, and security solutions worldwide. The company's Tools & Storage segment offers professional products, including corded and cordless electric power tools and equipment, drills, impact wrenches and drivers, grinders, saws, routers, and sanders, as well as pneumatic tools and fasteners, including nail guns, nails, staplers and staples, and concrete and masonry anchors; and consumer products, such as lawn and garden products comprising hedge and string trimmers, lawn mowers, and edgers and related accessories, as well as home products, such as hand-held vacuums, paint tools, and cleaning appliances.

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

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