Stanley Black & Decker Inc (NYSE:SWK) shares, rose in value on Friday, January 03, with the stock price up by 1.10% to the previous day’s close as strong demand from buyers drove the stock to $80.76.
Actively observing the price movement in the last trading, the stock closed the session at $79.88, falling within a range of $79.3754 and $81.1. The value of beta (5-year monthly) was 1.255. Referring to stock’s 52-week performance, its high was $110.88, and the low was $77.70. On the whole, SWK has fluctuated by -8.48% over the past month.
With the market capitalization of Stanley Black & Decker Inc currently standing at about $12.45 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 3.26, with its dividend yield at 4.04%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 15.22B, with a low estimate of 3.54B and a high estimate of 3.6B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 3.57B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SWK’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of SWK currently trading nearly -1.43% and -7.89% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 38.00, while the 7-day volatility ratio is showing 1.81% which for the 30-day chart, stands at 2.28%. Furthermore, Stanley Black & Decker Inc (SWK)’s beta value is 1.23, and its average true range (ATR) is 1.96.
A comparison of Stanley Black & Decker Inc (SWK) with its peers suggests the former has fared considerably weaker in the market. SWK showed an intraday change of 1.10% in last session, and over the past year, it shrunk by -14.18%%.
Data on historical trading for Stanley Black & Decker Inc (NYSE:SWK) indicates that the trading volumes over the past 10 days have averaged 1.59 and over the past 3 months, they’ve averaged 1.65 million. According to company’s latest data on outstanding shares, there are 154.15 million shares outstanding.
Nearly 0.32% of Stanley Black & Decker Inc’s shares belong to company insiders and institutional investors own 88.76% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.0 million shares as on 2024-12-13, resulting in a short ratio of 2.4. According to the data, the short interest in Stanley Black & Decker Inc (SWK) stood at 341.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 4.63 million. The stock has risen by 0.59% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SWK stock heading into the next quarter.
