Zacks Research Issues Negative Estimate for SWK Earnings

Stanley Black & Decker, Inc. (NYSE:SWK) – Analysts at Zacks Research cut their Q1 2027 earnings estimates for Stanley Black & Decker in a research report issued to clients and investors on Friday, May 30th. Zacks Research analyst R. Department now expects that the industrial products company will earn $1.29 per share for the quarter, down from their previous estimate of $1.34. The consensus estimate for Stanley Black & Decker’s current full-year earnings is $5.16 per share. Zacks Research also issued estimates for Stanley Black & Decker’s FY2027 earnings at $6.63 EPS.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings data on Wednesday, April 30th. The industrial products company reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.07. Stanley Black & Decker had a net margin of 1.92% and a return on equity of 7.50%. The firm had revenue of $3.74 billion for the quarter, compared to the consensus estimate of $3.73 billion. During the same quarter in the prior year, the company posted $0.56 earnings per share. The business’s revenue was down 3.2% on a year-over-year basis.

Several other analysts also recently commented on the stock. Robert W. Baird increased their target price on shares of Stanley Black & Decker from $60.00 to $65.00 and gave the company a “neutral” rating in a report on Thursday, May 1st. JPMorgan Chase & Co. lowered their target price on shares of Stanley Black & Decker from $93.00 to $60.00 and set an “underweight” rating for the company in a report on Monday, May 5th. Wells Fargo & Company lowered their target price on shares of Stanley Black & Decker from $70.00 to $60.00 and set an “equal weight” rating for the company in a report on Thursday, May 1st. Barclays upgraded shares of Stanley Black & Decker from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $69.00 to $90.00 in a report on Tuesday, May 13th. Finally, Jefferies Financial Group assumed coverage on shares of Stanley Black & Decker in a report on Wednesday, February 19th. They issued a “buy” rating and a $103.00 target price for the company. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $91.10.

Stanley Black & Decker Stock Performance

SWK opened at $65.37 on Monday. The company has a current ratio of 1.30, a quick ratio of 0.37 and a debt-to-equity ratio of 0.64. The company’s fifty day moving average price is $64.63 and its two-hundred day moving average price is $77.68. Stanley Black & Decker has a 1-year low of $53.91 and a 1-year high of $110.88. The company has a market cap of $10.11 billion, a price-to-earnings ratio of 33.70, a PEG ratio of 1.33 and a beta of 1.19.

Hedge Funds Weigh In On Stanley Black & Decker

Several institutional investors have recently added to or reduced their stakes in the stock. Strs Ohio bought a new position in Stanley Black & Decker during the first quarter valued at about $1,383,000. Intrua Financial LLC grew its position in Stanley Black & Decker by 4.7% during the first quarter. Intrua Financial LLC now owns 8,142 shares of the industrial products company’s stock valued at $626,000 after buying an additional 366 shares during the period. Belpointe Asset Management LLC boosted its position in Stanley Black & Decker by 24.9% during the first quarter. Belpointe Asset Management LLC now owns 2,964 shares of the industrial products company’s stock worth $228,000 after purchasing an additional 591 shares during the period. Focus Partners Wealth boosted its position in Stanley Black & Decker by 18.8% during the first quarter. Focus Partners Wealth now owns 6,981 shares of the industrial products company’s stock worth $537,000 after purchasing an additional 1,105 shares during the period. Finally, Ransom Advisory Ltd bought a new position in Stanley Black & Decker during the first quarter worth about $208,000. Institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 17th. Investors of record on Tuesday, June 3rd will be given a dividend of $0.82 per share. The ex-dividend date is Tuesday, June 3rd. This represents a $3.28 annualized dividend and a yield of 5.02%. Stanley Black & Decker’s payout ratio is currently 136.10%.

Stanley Black & Decker Company Profile

Stanley Black & Decker, Inc engages in the provision of power and hand tools, and related accessories, products, services and equipment for oil and gas, infrastructure applications, commercial electronic security and monitoring systems, healthcare solutions, and mechanical access solutions. It operates through the Tools and Outdoor and Industrial segments.