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Experts have mixed opinions on the future of Stanley Black and Decker (SWK-N). While some believe the stock is currently trading in a narrow range with strong resistance around $100, others are optimistic about its potential to rally, especially with a housing boom anticipated. The company has recently beat its Q2 forecasts and raised its full-year forecast, indicating potential for improved performance. The stock's movement has been stagnant compared to the overall market, but technical signals such as a reverse head-and-shoulders pattern and a 3.5% yield make it an interesting consideration.
Is up 3.3% this year. Anything related to housing (and falling interest rates) is doing well. He expects a housing boom. So, SWK could enjoy a catch-up rally.
It's run up from previous lows. He took some profits, though the stiock could rise higher.
They beat top and bottom line for Q2 and raised full-year forecast. It will perform even better when the Fed starts cutting rates.
From end of 2022, markets have gone up. But this stock has gone nowhere, underperforming rest of market. Finally peaked up above $100, and now down. If start to see it get to $100-105, could be interesting technically.
Watch for whether it pops above resistance for just a couple of days, or does it go above resistance and stay there?
Their chart is a reverse head-and-shoulders, it pays a good 3.5% yield, and trades at a cheap PE.
SWK pays a yield of 4.0% but is not expected to grow its sales this year and profitability is anticipated to resume next year. Its debt levels are somewhat elevated but have been declining over the past few years. Its balance sheet has dropped significantly from 2021, where it had an equity position of $11.6B, to an equity position today of $9.5B. The company's earnings fell in 2022, leading to large negative free cash flows for the year. It trades at a high valuation of 34.8X forward P/E, but its share price has been consolidating around the ~$80 range. We feel that it may not do much for the next few quarters, but it does have a long history of profitability and returning value to shareholders, and we would be comfortable with the name while being mindful of its current risks.
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Has sold shares in company.
Problems with inventory causing investor headaches.
Seeing increased competition from other players in industry.
Historically a well run company.
She has been researching this. Pays a 4% yield. Will buy it under $80. There will be pullbacks, because she expects the market to be rangebound this year.
Stanley Black and Decker is a American stock, trading under the symbol SWK-N on the New York Stock Exchange (SWK). It is usually referred to as NYSE:SWK or SWK-N
In the last year, 5 stock analysts published opinions about SWK-N. 3 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Stanley Black and Decker.
Stanley Black and Decker was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Stanley Black and Decker.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
5 stock analysts on Stockchase covered Stanley Black and Decker In the last year. It is a trending stock that is worth watching.
On 2024-12-24, Stanley Black and Decker (SWK-N) stock closed at a price of $81.07.
Multi-year drop. Trading in a narrow range, between $80-100, and closer to the low end. Lots of resistance around $100. Avoid, or possibly trade. Could easily drop to $80, don't want it to go below that.