Equities analysts expect Stanley Black & Decker, Inc. (NYSE:SWK) to post sales of $3.80 billion for the current fiscal quarter, according to Zacks Investment Research. Seven analysts have issued estimates for Stanley Black & Decker’s earnings, with estimates ranging from $3.72 billion to $3.90 billion. Stanley Black & Decker posted sales of $3.64 billion in the same quarter last year, which suggests a positive year-over-year growth rate of 4.4%. The company is scheduled to report its next quarterly earnings report on Friday, July 19th.

On average, analysts expect that Stanley Black & Decker will report full-year sales of $14.71 billion for the current financial year, with estimates ranging from $14.57 billion to $14.83 billion. For the next financial year, analysts expect that the business will post sales of $15.34 billion, with estimates ranging from $15.14 billion to $15.49 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of research firms that that provide coverage for Stanley Black & Decker.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings data on Wednesday, April 24th. The industrial products company reported $1.42 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.10 by $0.32. The company had revenue of $3.33 billion for the quarter, compared to analyst estimates of $3.30 billion. Stanley Black & Decker had a return on equity of 17.01% and a net margin of 4.57%. The firm’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.39 earnings per share.

Several equities analysts have recently commented on the company. Zacks Investment Research lowered Stanley Black & Decker from a “hold” rating to a “sell” rating in a research note on Monday, April 15th. Wells Fargo & Co upped their price target on Stanley Black & Decker from $148.00 to $160.00 and gave the company an “outperform” rating in a research note on Monday, April 29th. JPMorgan Chase & Co. upped their price target on Stanley Black & Decker from $133.00 to $160.00 and gave the company an “overweight” rating in a research note on Thursday, April 25th. Robert W. Baird set a $158.00 price target on Stanley Black & Decker and gave the company a “buy” rating in a research note on Monday, April 22nd. Finally, Morgan Stanley upped their price target on Stanley Black & Decker from $149.00 to $162.00 and gave the company an “overweight” rating in a research note on Thursday, April 25th. Three investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. Stanley Black & Decker currently has a consensus rating of “Buy” and a consensus target price of $158.44.

In other Stanley Black & Decker news, SVP Jaime A. Ramirez sold 1,000 shares of the company’s stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $136.94, for a total transaction of $136,940.00. Following the sale, the senior vice president now owns 38,356 shares in the company, valued at approximately $5,252,470.64. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO James M. Loree sold 56,699 shares of the company’s stock in a transaction dated Friday, April 26th. The stock was sold at an average price of $145.14, for a total value of $8,229,292.86. Following the sale, the chief executive officer now owns 88,854 shares in the company, valued at approximately $12,896,269.56. The disclosure for this sale can be found here. Insiders sold a total of 116,816 shares of company stock worth $17,122,550 in the last quarter. Company insiders own 1.03% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of SWK. Proficio Capital Partners LLC increased its holdings in Stanley Black & Decker by 370.5% during the 4th quarter. Proficio Capital Partners LLC now owns 207 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 163 shares during the period. Truvestments Capital LLC purchased a new stake in Stanley Black & Decker during the 1st quarter worth about $27,000. Destination Wealth Management increased its holdings in Stanley Black & Decker by 319.1% during the 1st quarter. Destination Wealth Management now owns 197 shares of the industrial products company’s stock worth $27,000 after purchasing an additional 150 shares during the period. Rational Advisors LLC increased its holdings in Stanley Black & Decker by 4,116.7% during the 1st quarter. Rational Advisors LLC now owns 253 shares of the industrial products company’s stock worth $34,000 after purchasing an additional 247 shares during the period. Finally, Winslow Evans & Crocker Inc. increased its holdings in Stanley Black & Decker by 412.0% during the 1st quarter. Winslow Evans & Crocker Inc. now owns 256 shares of the industrial products company’s stock worth $36,000 after purchasing an additional 206 shares during the period. Institutional investors own 86.42% of the company’s stock.

Shares of Stanley Black & Decker stock traded down $1.40 during trading hours on Friday, hitting $141.51. The company’s stock had a trading volume of 663,413 shares, compared to its average volume of 1,322,894. Stanley Black & Decker has a twelve month low of $106.41 and a twelve month high of $155.22. The firm has a market cap of $21.40 billion, a PE ratio of 17.36, a price-to-earnings-growth ratio of 1.74 and a beta of 1.31. The company has a quick ratio of 0.43, a current ratio of 0.91 and a debt-to-equity ratio of 0.54.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 18th. Investors of record on Tuesday, June 4th will be issued a $0.66 dividend. The ex-dividend date is Monday, June 3rd. This represents a $2.64 annualized dividend and a dividend yield of 1.87%. Stanley Black & Decker’s dividend payout ratio is presently 32.39%.

Stanley Black & Decker Company Profile

Stanley Black & Decker, Inc engages in tools and storage, industrial, and security businesses worldwide. Its Tools & Storage segment offers power tools and equipment, including professional products, such as professional grade corded and cordless electric power tools and equipment, and pneumatic tools and fasteners; and consumer products comprising corded and cordless electric 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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Earnings History and Estimates for Stanley Black & Decker (NYSE:SWK)

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