SWK stock’s current quarter earnings estimates: What analysts predict?

Stanley Black & Decker Inc (SWK)’s stock has witnessed a price hike of 6.02% from the previous close with its current price standing at $94.96. Its current price is -8.87% under its 52-week high of $104.21 and 24.53% more than its 52-week low of $76.26. Based on the past 30-day period, the stock price is -2.26% below the high and +21.91% above the low.

The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, SWK’s SMA-200 is $89.34.

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Additionally, it is important to take into account SWK stock ratios, including its price-to-sales ratio, which is 0.93 for the last tewlve months.Likewise, its price to free cash flow for the last twelve months stands at 20.57. SWK’s price to book ratio for the most recent quarter was 1.65, resulting in an 30.57 price to cash per share for the period.

How does Stanley Black & Decker Inc (SWK) stock rate among analysts? Buy, sell, or hold?

The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 15 brokerage firms that recommend the stock as a Hold. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 3.27 in simple terms.

Stanley Black & Decker Inc (SWK): Earnings History

Most analysts expect public companies to report earnings and revenue in line with their projections, but sometimes these figures vary from what they actually expected. In the current quarter, the company had earnings predictions made by 4 different analysts, who are expecting earnings to fall in between the range of 0.88 and 0.82 with an average Earnings Estimate of 0.85 which is in contrast with the last year earnings estimate of -0.11 and also replicates 872.73% growth rate year over year.

Stanley Black & Decker Inc (NYSE: SWK) Ownership Details

I will give a breakdown of the key shareholders in Stanley Black & Decker Inc (SWK). Recent figures show that the company’s insiders hold 0.26% of shares. A total of 1,069 institutional investors hold shares in the company, making 92.34% of its stock and 92.58% of its float.

Mar 31, 2024, it was reported that the Company’s largest institutional holder is Vanguard Group Inc holding total of 18.5 shares that make 12.02% of the company’s total number of shares and are currently priced at 1.76 billion.

The securities firm Price (T.Rowe) Associates Inc holds 18.41 shares of SWK, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 11.96%, and the holding percentage of shares is valued at 1.75 billion.

An overview of Stanley Black & Decker Inc’s technicals

In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Stanley Black & Decker Inc (SWK) traded 1,496,993 shares per day, with a moving average of $85.22 and price change of +13.27. With the moving average of $85.24 and a price change of +2.92, about 1,363,355 shares changed hands on average over the past 50 days. Finally, SWK’s 100-day average volume is 1,450,972 shares, alongside a moving average of $88.31 and a price change of +5.11.

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