Stanley Black & Decker, Inc. Co (NYSE:SWK):
Stanley Black & Decker Reports 3Q 2016 Results.
The company is trading down by -0.56% since yesterday’s close of $115.03.
The company recently declared a dividend that will be paid on Tue Dec 20, 2016. The dividend will be $0.580 per share for the quarter which comes to $2.32 on an annualized basis. This dividend represents a yield of $1.98. The ex-dividend date will be on Wednesday August 31st, 2016.
Company shares last traded at $114.39 which is slightly below $120.69, the stock’s 50 day moving average and which is just a bit below the 200 day moving average of $117.05. The 50 day moving average went down by -5.22% and the 200 day average moved down $-2.66.
The most current P/E ratio is 17.86 and the market cap of the company is 17.21B. In the last earnings report the EPS was $6.41 and is estimated to be $6.48 for the current year with 150,425,000 shares outstanding. Analysts expect next quarter’s EPS will be $1.38 with next year’s EPS projected to be $7.10.
Investment analysts have provided guidance on the company of late. October 27 investment analysts at Wunderlich kept the stock rating at “Buy” but raised the price expectation to $140.00 from $108.00. On August 22, 2016 the stock rating was rated “Neutral” by Longbow Research which was a cut from the previous “Buy” rating.
On July 25 the stock rating was downgraded to “Hold” from “” by analysts at Zelman. On June 10, 2016 Goldman Sachs initiated coverage on the stock with a rating of “Neutral” and establishing a price target of $120.00.
On April 14 Susquehanna left the stock rating at “Positive” but raised the price target from $110.00 to $126.00. January 29 investment analysts at Imperial Capital kept the company rating at “In-line” and moved down the price target to $103.00 from $110.00.