JP Morgan slashes price target on Stanley Black & Decker Inc. [SWK] – find out why.

Stanley Black & Decker Inc. [NYSE: SWK] stock went on an upward path that rose over 1.76% on Wednesday, amounting to a one-week price increase of more than 0.65%. The company report on December 16, 2020 that Stanley Black & Decker Upgrades 2020 Planning Assumptions and Announces Fourth Quarter and Full Year 2020 Earnings Release Date.

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Stanley Black & Decker (NYSE: SWK) upgraded certain scenario planning assumptions that were shared on October 27, 2020.

2020 Planning Assumption Updates:.

Over the last 12 months, SWK stock rose by 8.74%. The one-year Stanley Black & Decker Inc. stock forecast points to a potential upside of 8.91. The average equity rating for SWK stock is currently 2.20, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $29.15 billion, with 160.22 million shares outstanding and 159.89 million shares in the current float. Compared to the average trading volume of 1.03M shares, SWK stock reached a trading volume of 2978683 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Stanley Black & Decker Inc. [SWK]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SWK shares is $197.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SWK stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

JP Morgan have made an estimate for Stanley Black & Decker Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on December 03, 2020. The new note on the price target was released on June 25, 2020, representing the official price target for Stanley Black & Decker Inc. stock. Previously, the target price had yet another raise to $125, while Credit Suisse analysts kept a Neutral rating on SWK stock.

The Average True Range (ATR) for Stanley Black & Decker Inc. is set at 5.05, with the Price to Sales ratio for SWK stock in the period of the last 12 months amounting to 2.11. The Price to Book ratio for the last quarter was 3.16, with the Price to Cash per share for the same quarter was set at 4.20. Price to Free Cash Flow for SWK in the course of the last twelve months was 27.31 with Quick ratio for the last quarter at 0.70.

SWK Stock Performance Analysis:

Stanley Black & Decker Inc. [SWK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.65. With this latest performance, SWK shares dropped by -3.55% in over the last four-week period, additionally plugging by 31.21% over the last 6 months – not to mention a rise of 8.74% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SWK stock in for the last two-week period is set at 51.12, with the RSI for the last a single of trading hit 51.71, and the three-weeks RSI is set at 51.98 for Stanley Black & Decker Inc. [SWK]. The present Moving Average for the last 50 days of trading for this stock 177.87, while it was recorded at 175.80 for the last single week of trading, and 145.24 for the last 200 days.

Insight into Stanley Black & Decker Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Stanley Black & Decker Inc. [SWK] shares currently have an operating margin of +13.50 and a Gross Margin at +33.59. Stanley Black & Decker Inc.’s Net Margin is presently recorded at +6.62.

Return on Total Capital for SWK is now 15.46, given the latest momentum, and Return on Invested Capital for the company is 7.85. Return on Equity for this stock inclined to 11.26, with Return on Assets sitting at 4.78. When it comes to the capital structure of this company, Stanley Black & Decker Inc. [SWK] has a Total Debt to Total Equity ratio set at 44.37. Additionally, SWK Total Debt to Total Capital is recorded at 30.73, with Total Debt to Total Assets ending up at 19.68. Long-Term Debt to Equity for the company is recorded at 46.78, with the Long-Term Debt to Total Capital now at 27.08.

Reflecting on the efficiency of the workforce at the company, Stanley Black & Decker Inc. [SWK] managed to generate an average of $16,081 per employee. Receivables Turnover for the company is 9.43 with a Total Asset Turnover recorded at a value of 0.72.Stanley Black & Decker Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.70 and a Current Ratio set at 1.40.

SWK Stock EPS

With the latest financial reports released by the company, Stanley Black & Decker Inc. posted 2.18/share EPS, while the average EPS was predicted by analysts to be reported at 2.18/share. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SWK. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Stanley Black & Decker Inc. go to 7.81%.

Stanley Black & Decker Inc. [SWK] Insider Position Details

There are presently around $25,466 million, or 90.30% of SWK stock, in the hands of institutional investors. The top three institutional holders of SWK stocks are: VANGUARD GROUP INC with ownership of 12,938,966, which is approximately 0.131% of the company’s market cap and around 0.30% of the total institutional ownership; JPMORGAN CHASE & CO, holding 11,859,103 shares of the stock with an approximate value of $2.13 billion in SWK stocks shares; and CAPITAL RESEARCH GLOBAL INVESTORS, currently with $1.9 billion in SWK stock with ownership of nearly -0.889% of the company’s market capitalization.

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Positions in Stanley Black & Decker Inc. stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 359 institutional holders increased their position in Stanley Black & Decker Inc. [NYSE:SWK] by around 7,707,879 shares. Additionally, 339 investors decreased positions by around 8,885,617 shares, while 141 investors held positions by with 125,326,628 shares. The mentioned changes placed institutional holdings at 141,920,124 shares, according to the latest SEC report filing. SWK stock had 89 new institutional investments in for a total of 1,010,426 shares, while 70 institutional investors sold positions of 831,073 shares during the same period.

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