136.82 0.00 (0.00%)
After hours: 4:23PM EST
|Bid||116.10 x 800|
|Ask||139.00 x 1000|
|Day's Range||136.39 - 137.82|
|52 Week Range||106.41 - 164.94|
|Beta (3Y Monthly)||1.35|
|PE Ratio (TTM)||32.12|
|Earnings Date||Apr 18, 2019 - Apr 22, 2019|
|Forward Dividend & Yield||2.64 (1.93%)|
|1y Target Est||142.69|
Stanley Black & Decker Inc. said Tuesday it will book a charge of $50 million on its previously announced 2018 GAAP per-share earnings, due to the bankruptcy of IPS Worldwide LLC. The third-party provider of freight payment processing services listed Stanley Black & Decker as an unsecured creditor with outstanding obligations of about $50 million owned to certain freight carriers in a Jan. 25 Chapter 11 filing. The charge does not include any sums the company is hoping to recover from insurance or through the bankruptcy proceedings and will be included in the company's 10-K filing with the Securities and Exchange Commission later this month. Shares were slightly higher premarket, but have fallen 14% in the last 12 months, while the S&P 500 has gained 1.6%.
NEW BRITAIN, Conn. , Feb. 18, 2019 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) invites investors and the general public to listen to a webcast of a presentation by Don Allan , Executive Vice President ...
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Stanley Black & Decker, Inc.'s (NYSE:SWK) announcedRead More...
The developer of AllianceTexas in Fort Worth announced that it is opening three new speculative industrial buildings in the 26,000-acre master-planned development.
NEW BRITAIN, Conn. , Feb. 12, 2019 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) announced today that its Board of Directors approved a regular first quarter cash dividend of $0.66 per common share. ...
Stanley Black & Decker's (SWK) strong foothold in emerging markets and efforts to innovate new products will drive revenues. Rising cost of sales and foreign currency woes are concerns.
Ingersoll Rand Plans to Acquire Precision Flow SystemIngersoll Rand’s acquisition plansIn a press release on February 11, Ingersoll Rand (IR) announced that it made a binding offer to acquire Precision Flow System from funds advised by BC Partners
An examiner will be appointed in the bankruptcy of IPS Worldwide LLC, a freight-payments services provider that a government watchdog says has been unable to account for tens of millions of dollars. Judge Karen Jennemann of the U.S. Bankruptcy Court in Orlando, Fla., gave a preliminary nod Monday to the request by a U.S. Justice Department official to hire an examiner to investigate the Ormond Beach, Fla.-based company over the whereabouts of more than $100 million. In making the case for an examiner, U.S. Trustee Daniel McDermott said that “serious allegations have been raised by numerous creditors” in the bankruptcy and added that an examiner would help provide clarity.
The sweet spot in the software market is cloud applications. Zendesk (NYSE:ZEN) is in this sweet spot. and the company and the owners of ZEN stock have benefited from its positioning.Founded in Copenhagen, Denmark in 2007 around help-desk applications, ZEN subsequently moved to the bright lights of San Francisco and has developed a broader customer-relationship-management tool.The company's growth is accelerating. It generated revenue of $598 million in 2018, up from $430 million in 2017, and it provided top-line guidance of$800 million for 2019.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Reasons You Want Boeing Stock in Your Portfolio It's investing to support its growth, so it's not profitable yet, but its operating cash flow is positive, and ZEN stock recently set a new record. As of this morning, ZEN stock was changing hands at $74.80 per share. A New Market And New Competitors for ZENZendesk Support now has 2,000 employees and 125,000 customers including AirBnB, Stanley Black & Decker (NYSE:SWK) and Rovio Entertainment (OTCMKTS:ROVVF). Telephone operators use the product to resolve customers' problems and provide customer support. In the wake of its growth, multiple companies have launched competing tools.Meanwhile, after launching a full customer relationship management tool called Sunshine, ZEN has started butting heads with a number of its San Francisco and Silicon Valley neighbors like Salesforce.Com (NASDAQ:CRM). Amazon SunshineSunshine is a database application that's built entirely on Amazon.com's (NASDAQ:AMZN) cloud service, AWS. Sunshine offers support for sales and data analytics and can connect with other data sources. Additionally, customers can add their own applications to Sunshine By tying itself to AWS, Zendesk is able to access other AWS services and AWS' customers, making Zendesk powerful enough to take on companies like Salesforce, Oracle (NASDAQ:ORCL) and SAP (NYSE:SAP).ZEN is using AWS as an operating system, in the same way that companies a generation ago built applications on Microsoft (NASDAQ:MSFT) Windows. Using a single, large operating system also improves the customer experience, since sales and support are maintained in the same system.Zendesk recently surveyed 2,500 of its customers. and found that many of them now sell products and provide support over not just telephones and their websites but also through live chats, social media, and texting. Zen Sunshine supports all of these activities and offers a single view of the complete record of each customer.With the launch of Sunshine, ZEN has acquired a host of competitors like Freshdesk and Liveagent on the help-desk side, but also Zoho and Salesforce on the CRM side, all of which also boast about fast growth and cloud integration. The Bottom Line on ZEN StockZendesk's success has made ZEN stock expensive. ZEN stock has a market cap of $8 billion, while analysts on average expect the company's 2019 revenue to come in at $592 million. On the other hand, by the end of December, it had already booked $407 million in future revenue, and the size of its average contract is growing by 60% per year. Zendesk's commitment to AWS, the leading cloud provider, and its construction of the Sunshine platform on top of it offers ZEN the opportunity to scale quickly from help-desk automation to full customer relationship management.Zendesk is still led by its founders, but it has sought to tap other talents with a board that includes executives from Workday (NASDAQ:WDAY) and Facebook (NASDAQ:FB), as well as Matrix Partners, the venture capital firm that funds ZEN.ZEN's Danish management team is talented, but it will have to move quickly indeed to keep the high valuation of ZEN stock intact.Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at firstname.lastname@example.org or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in MSFT and AMZN. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Monster Growth Stocks to Buy for 2019 and Beyond * 7 Cloud Stocks To Buy Now * 5 Undervalued Stocks to Invest In Compare Brokers The post Zendesk Stock Could Benefit From a Powerful, New CRM Tool appeared first on InvestorPlace.
Stanley Black & Decker Inc NYSE:SWKView full report here! Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for SWK with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding SWK totaled $18.34 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. SWK credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Honeywell Declares a Quarterly Dividend of $0.82 in Q1 2019Honeywell declares its first-quarter dividend Today, Honeywell (HON) declared a regular cash dividend for the first quarter of 2019. HON also announced the key dates for its dividend. To be
The 3M Company Announces Leadership Changes3M’s leadership changes Today, the 3M Company (MMM) made an announcement that its board of directors would be nominating CEO Mike Roman to the position of chairman. Roman will replace the current executive
The industrial automation company sounded a mostly optimistic note about its 2019 prospects, but if its customers hit a rough patch, its sales will too.
Honeywell Rises on Its Q4 Earnings Beat and Better 2019 OutlookHoneywell beats analysts’ fourth-quarter earnings estimateHoneywell International (HON) announced its fourth-quarter earnings results before the market opened on February 1, 2019. It
Inc., owed an estimated $41 million by bankrupt freight-payment services provider IPS Worldwide LLC, says the company “misappropriated” its cash, according to recent court filing. Scott Spradley, a Flagler Beach, Fla., lawyer representing IPS, declined to comment on Stanley’s allegations. IPS, which filed for chapter 11 bankruptcy last week, has been Stanley’s main freight-payment processor since 2011.
Los Angeles-based private equity firm OpenGate Capital has agreed to buy high security lock manufacturer Sargent and Greenleaf from Stanley Black & Decker as part of its digital growth strategy.
NEW YORK, Jan. 30, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
IPS Worldwide LLC, which provides freight payment and contract management services to companies that include Stanley Black & Decker Inc., sought bankruptcy protection to keep creditors who are increasingly ...
3M's Q4 Earnings: What Can Investors Expect?3M’s fourth-quarter earningsIn a press release on November 28, 3M (MMM) said that it would announce its fourth-quarter earnings results before the market opens on January 29. The company’s management
Though the toolmaker looks like a good value, now might not be the best time to open a long-term position in its stock.
Machinery stocks gain from favorable e-business, emerging market business and others despite high costs. We present five machinery stocks that are poised to beat estimates in fourth-quarter 2018.