Stanley Black & Decker, Inc. Co (NYSE:SWK):
Stanley Black & Decker Announces 4th Quarter Dividend.
The company is trading down by -0.56 percent from yesterday’s close.
Stanley Black & Decker, Inc. Co also recently announced a dividend for shareholders that will be paid on Tuesday December 20th, 2016. The dividend will be $0.580 per share for the quarter which is $2.32 annualized. This dividend amount will represent a yeild of $1.98. The ex-dividend date will be on Wednesday the 31st of August 2016.
Shares last traded at $114.39 just below $120.69, the stock’s 50 day moving average and which is just under the 200 day moving average of $117.05. The 50 day moving average was down by -5.22% whereas the 200 day moving average was down $-2.66 or -2.27%.
The company’s P/E ratio is 17.86 and market cap is 17.21B. As of the last earnings report the EPS was $6.41 and is expected to be $6.48 for the current year with 150,425,000 shares now outstanding. Analysts expect next quarter’s EPS will be $1.38 and the next full year EPS is projected to be $7.10.
Several brokerage analysts have released ratings on the stock recently. October 27 investment analysts at Wunderlich made no change to the stock rating of “Buy” but raised the price expectation from $108.00 to $140.00. On August 22 the company was downgraded to “Neutral” from “Buy” in a report from Longbow Research.
On July 25 the stock rating was downgraded from “” to “Hold” by analysts at Zelman. Equity analyst Goldman Sachs released its first research report on the stock giving it an initial rating of “Neutral” and projecting a price target of $120.00.
On April 14 Susquehanna left the stock rating at “Positive” and raised the price expectation to $126.00 from $110.00. January 29 investment analysts at Imperial Capital kept the company rating at “In-line” but moved down the price target from $110.00 to $103.00.