Wall Street analysts expect that Stanley Black & Decker, Inc. (NYSE:SWK) will post earnings of $2.51 per share for the current fiscal quarter, according to Zacks Investment Research. Six analysts have provided estimates for Stanley Black & Decker’s earnings, with the highest EPS estimate coming in at $2.65 and the lowest estimate coming in at $2.39. Stanley Black & Decker posted earnings per share of $1.20 in the same quarter last year, which would indicate a positive year-over-year growth rate of 109.2%. The business is scheduled to issue its next quarterly earnings report before the market opens on Wednesday, April 28th.

According to Zacks, analysts expect that Stanley Black & Decker will report full-year earnings of $10.23 per share for the current financial year, with EPS estimates ranging from $10.05 to $10.60. For the next financial year, analysts forecast that the company will post earnings of $11.21 per share, with EPS estimates ranging from $10.55 to $12.23. Zacks’ EPS averages are a mean average based on a survey of analysts that that provide coverage for Stanley Black & Decker.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings data on Wednesday, January 27th. The industrial products company reported $3.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.98 by $0.31. The business had revenue of $4.41 billion during the quarter, compared to analyst estimates of $4.10 billion. Stanley Black & Decker had a return on equity of 15.05% and a net margin of 6.98%. The business’s revenue for the quarter was up 18.7% compared to the same quarter last year. During the same period in the prior year, the company posted $2.18 EPS.

Several equities research analysts have recently weighed in on SWK shares. JPMorgan Chase & Co. raised their price objective on Stanley Black & Decker from $200.00 to $206.00 and gave the stock a “neutral” rating in a research note on Wednesday. Zacks Investment Research lowered Stanley Black & Decker from a “buy” rating to a “hold” rating and set a $195.00 price objective for the company. in a research note on Tuesday, January 5th. Citigroup increased their target price on Stanley Black & Decker from $203.00 to $215.00 in a report on Friday, January 29th. Morgan Stanley reduced their target price on Stanley Black & Decker from $220.00 to $217.00 and set an “overweight” rating for the company in a report on Tuesday, January 12th. Finally, Credit Suisse Group increased their target price on Stanley Black & Decker from $177.00 to $188.00 and gave the company a “neutral” rating in a report on Friday, January 29th. Five equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $189.71.

In other Stanley Black & Decker news, EVP Jeffrey D. Ansell sold 3,304 shares of the stock in a transaction on Wednesday, March 17th. The shares were sold at an average price of $190.53, for a total transaction of $629,511.12. Following the transaction, the executive vice president now directly owns 25,090 shares of the company’s stock, valued at $4,780,397.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.00% of the company’s stock.

Several large investors have recently modified their holdings of SWK. Norges Bank acquired a new stake in shares of Stanley Black & Decker in the fourth quarter valued at about $287,044,000. JPMorgan Chase & Co. grew its position in Stanley Black & Decker by 12.5% during the fourth quarter. JPMorgan Chase & Co. now owns 13,344,450 shares of the industrial products company’s stock worth $2,382,785,000 after buying an additional 1,485,347 shares in the last quarter. Morgan Stanley grew its position in Stanley Black & Decker by 131.4% during the fourth quarter. Morgan Stanley now owns 1,719,735 shares of the industrial products company’s stock worth $307,075,000 after buying an additional 976,663 shares in the last quarter. Nuveen Asset Management LLC grew its position in Stanley Black & Decker by 28.6% during the third quarter. Nuveen Asset Management LLC now owns 1,624,060 shares of the industrial products company’s stock worth $263,423,000 after buying an additional 360,893 shares in the last quarter. Finally, Ceredex Value Advisors LLC grew its position in Stanley Black & Decker by 51.7% during the fourth quarter. Ceredex Value Advisors LLC now owns 946,322 shares of the industrial products company’s stock worth $168,976,000 after buying an additional 322,409 shares in the last quarter. 85.41% of the stock is currently owned by institutional investors.

SWK opened at $200.24 on Thursday. The firm has a market cap of $32.22 billion, a PE ratio of 32.51, a P/E/G ratio of 2.68 and a beta of 1.47. The company has a quick ratio of 0.69, a current ratio of 1.37 and a debt-to-equity ratio of 0.52. The business has a fifty day simple moving average of $188.72 and a 200-day simple moving average of $178.88. Stanley Black & Decker has a fifty-two week low of $97.64 and a fifty-two week high of $204.70.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 23rd. Shareholders of record on Tuesday, March 9th were given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 1.40%. The ex-dividend date of this dividend was Monday, March 8th. Stanley Black & Decker’s payout ratio is 33.33%.

Stanley Black & Decker Company Profile

Stanley Black & Decker, Inc engages in the tools and storage, industrial, and security businesses worldwide. Its Tools & Storage segment offers power tools and equipment, including professional products, such as professional grade corded and cordless electric power tools and equipment, and pneumatic tools and fasteners; and consumer products comprising corded and cordless electric power tools primarily under the BLACK+DECKER brand, as well as lawn and garden products and related accessories, and home products.

Recommended Story: S&P/ASX 200 Index

Get a free copy of the Zacks research report on Stanley Black & Decker (SWK)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Stanley Black & Decker (NYSE:SWK)

Receive News & Ratings for Stanley Black & Decker Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stanley Black & Decker and related companies with MarketBeat.com's FREE daily email newsletter.