|Bid||140.43 x 1000|
|Ask||140.47 x 1400|
|Day's Range||138.20 - 141.90|
|52 Week Range||70.00 - 173.67|
|Beta (5Y Monthly)||1.53|
|PE Ratio (TTM)||23.26|
|Earnings Date||Jul 30, 2020|
|Forward Dividend & Yield||2.76 (2.04%)|
|Ex-Dividend Date||Jun 01, 2020|
|1y Target Est||144.87|
Stanley Black & Decker (NYSE: SWK) will broadcast its second quarter 2020 earnings conference call on Thursday, July 30, 2020. The call will begin at 8:00AM ET.
3BL Media has named Stanley Black & Decker (NYSE:SWK) to its annual 100 Best Corporate Citizens ranking, recognizing outstanding environmental, social and governance (ESG) transparency and performance among the 1,000 largest, U.S. public companies. This is Stanley Black & Decker's first appearance on the list, with the company ranking 45 overall and 6 in the Capital Goods Industry.
iRobot co-founder and CEO Colin Angle hops on Yahoo Finance to chat about people investing in their homes during the COVID-19 pandemic.
On CNBC's "Closing Bell," Stephanie Links said Stanley Black & Decker, Inc. (NYSE: SWK) is currently one of the favorite stocks in her portfolio. She sees it as a stay-at-home stock and a re-open stock at the same time.It's a stay-at-home stock because 70% of its revenue comes from tools and storage and it also benefits from the DIY trend. It's also a re-open stock because it sells products to really beaten down industries like energy, manufacturing and auto. As the economy recovers these end markets are going to recover for them, said Link.Excellent product innovation and digital strength are going to lead to the market share gain and a normalized double-digit organic growth, believes Link. The company has also announced a restructuring in April that could bring cost reduction of $1 billion a year from now.See more from Benzinga * Cramer Comments On IHS Markit Ltd, Pinterest And More(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Stanley Black (SWK) hikes organic sales projections for the second quarter of 2020, driven by strengthening of retail channels in the United States. Cost-reduction actions are expected to be beneficial.
Shares of Stanley Black & Decker Inc. hiked up 3% toward a 3-month high in morning trading Wednesday, after the tools maker raised its second-quarter organic revenue guidance, citing strength in the U.S. retail channel. The company now expects organic revenue to decline 15% to 20%, compared with expectations provided in mid-May of a 20% to 30% decline. The company said the improved guidance is a result of "better visibility of strong performance" in tools and storage sales, as well as global security sales. The stock has dropped 19% year to date, while the S&P 500 has slipped 4%.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2020. […]
Stanley Black & Decker (SWK) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
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 and CFO, at the 2020 UBS Global Industrials and Transportation Virtual Conference on Wednesday, June 3, 2020 at 1:20 PM ET. The live webcast will be available in the "Investors" section of the company's website at www.stanleyblackanddecker.com. A replay of the webcast will be provided on the website and will be available for 30 days.
Stanley Black (SWK) hikes organic sales projections for the second quarter of 2020, driven by strengthening retail POS in North America and the security business.
Stanley Black & Decker (SWK), with shares down 42% so far in 2020, faces risks from difficult end-market conditions and external woes. The virus outbreak is also likely to hamper revenue generation.
Shares of Stanley Black & Decker Inc. rallied 3.2% in morning trading Tuesday, after tools maker raised its second-quarter sales outlook, citing strength in its U.S. retail channel for tools and storage and in global security. The company now expects an organic decline of 20% to 30%, compared with guidance provided on April 30 of 35% to 45%. The new guidance was provided by Chief Financial Officer Donald Allen at the J.P. Morgan Homebuilding and Building Products Conference. The stock has declined 23.1% year to date through Monday, while the S&P 500 has shed 13.0%.
Stanley Black & Decker, Inc. (NYSE: SWK) has recovered some of its March coronavirus losses, but it still trades down 16% year over year and 33% year to date. One analyst team sees limits to the company's recovery.The Black & Decker RatingBank of America analysts Ross Gilardi and Michael Feniger downgraded Stanley Black & Decker to Neutral and cut their price target from $121 to $120.The Black & Decker ThesisIn the last few years, Stanley has taken great pains to protect its margins from trade wars, and in the last few months, it's determined to cut another $1 billion in costs to mitigate COVID-19 impacts."At some point, all of the focus on margin resilience could come at [the] expense of innovation, long-term competitive position, and distract from a need to onshore more of its supply chain," Gilardi wrote in a note. "Competitor TTI has grown R&D and headcount far more aggressively in the last 5 years."Innovation may be critical, as Stanley's current portfolio isn't seen to generate enough demand."The business was already headed for a fairly material deceleration prior to COVID-19," Gilardi wrote. "While point of sales data has apparently rebounded in April, we see room for the power tool market to get more competitive and promotional in the next few years with a weaker consumer and softer housing market."The analysts expect investors to turn their focus to 2021 in the next few months and begin to evaluate Stanley Black & Decker based on EV/EBITDA peer comparisons.SWK Price ActionShares traded down 4.2% to $108.72 on Tuesday.Related Links:While GE's Q1 Print Reflects Coronavirus Impact, BofA Applauds Actions Taken To Preserve LiquidityEvery Member Of Trump's 'Great American Economic Revival' Industry GroupsLatest Ratings for SWK DateFirmActionFromTo May 2020B of A SecuritiesDowngradesBuyNeutral May 2020UBSMaintainsBuy May 2020JP MorganMaintainsOverweight View More Analyst Ratings for SWK View the Latest Analyst RatingsSee more from Benzinga * Here's What Kara Swisher And Chamath Palihapitiya Think About Elon Musk's Threats To Leave California * The Fed Makes History Buying 0B In Corporate Bonds * Analyst Polishes Apple Price Target On 'Teflon-Like' Services, iPhone 12 Outlook(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Stanley Black & Decker (NYSE: SWK) today announced that Jim Loree and Don Allan will be presenting at the following virtual investor conferences:
Stanley Black & Decker, Inc. (NYSE: SWK) (the "Company") today announced the pricing of 750,000 shares of its Series C Cumulative Perpetual Convertible Preferred Stock, with no par value and the liquidation preference fixed at $1,000 per share (the "Convertible Preferred Stock"), originally issued on May 17, 2017 as part of the Company's corporate units (the "Corporate Units"). The remarketing is expected to settle on May 15, 2020, subject to customary closing conditions.
Moody's Investors Service (Moody's) assigned a Baa3 rating to Stanley Black & Decker, Inc.'s (SWK) remarketed Series C Perpetual Preferred Stock, originally issued in 2017. Stanley Black and Decker's existing ratings and stable outlook remain unchanged.
Stanley Black & Decker, Inc. (NYSE: SWK) (the "Company") today announced commencement of a remarketing of $750 million of its Series C Cumulative Perpetual Convertible Preferred Stock, with no par value and the liquidation preference fixed at $1,000 per share (the "Convertible Preferred Stock"), originally issued on May 17, 2017 as part of the Company's corporate units (the "Corporate Units").
Stanley Black & Decker (NYSE: SWK) today announced first quarter 2020 financial results.
Stanley Black & Decker (NYSE: SWK) announced today that its Board of Directors approved a regular second quarter cash dividend of $0.69 per common share. This extends the company's record for the longest consecutive annual and quarterly dividend payments among industrial companies listed on the New York Stock Exchange. The dividend is payable on Tuesday, June 16, 2020 to shareholders of record as of the close of business on Tuesday, June 2, 2020.