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Mizuho analysts raised their price target on Stanley Black & Decker (NYSE:SWK) to $90.00.

Mizuho analysts raised their price target on Stanley Black & Decker (NYSE:SWK) to $90.00.

Mizuho increased its price target for Stanley Black & Decker (NYSE: SWK) from $80.00 to $90.00 in a research note made to the public on Friday. The Fly was the source for obtaining this information. When compared to the most recent price at which the stock was traded, the price objective that Mizuho established indicates an opportunity for a gain that is approximately 4.32% higher.

On SWK, the opinions of a large number of other equity analysts have been presented. Credit Suisse Group downgraded the stock of Stanley Black & Decker in a report released on Friday, October 14th. The company’s rating went from “outperform” to “neutral.” The price target for the company has been lowered from $125.00 to $79.00, and the rating for the company has been changed from “outperform” to “neutral.” A report by Morgan Stanley that was released on Friday, January 6th, lowered the “equal weight” rating and price target of $82.00 that the investment firm had previously assigned to Stanley Black & Decker shares. The new price target is $78.00. In a report made public on Friday, October 28th, Robert W. Baird downgraded Stanley Black & Decker from “outperform” to “neutral” and decreased their target price from $85.00 to $80.00. The report was about the company. StockNews.com first covered the stock of Stanley Black & Decker on October 12th, the day after the website went live. They recommended “selling” the stock to prospective buyers.

Last but not least, Barclays lowered their target price on shares of Stanley Black & Decker from $96.00 to $92.00 in a research note that was published on January 5th. Despite this change, they continued to maintain an “overweight” rating on the stock. Three analysts think that the stock should be sold, ten analysts think that the stock should be held, and one analyst thinks that the stock should be purchased. The current rating for Stanley Black & Decker is “Hold,” and the price target is $92.42 per share, as indicated by information from Bloomberg.com.

On Friday, trading in SWK stock began at $86.27 and continued throughout the day. 1.16 is the value of the current ratio, 0.32 is the value of the quick ratio, and 0.60 is the value of the debt-to-equity ratio. The company’s stock has a price-to-earnings-growth ratio that comes in at 2.18, a price-to-earnings ratio that comes in at 9.46, and a beta value that comes in at 1.24. Its current market value is $12.76 billion, giving it a market capitalization. The stock’s simple moving average over the past 50 days is $79.04, and its simple moving average over the past 200 days is $87.35. During the previous twelve months, the price of a Stanley Black & Decker product went as low as $70.24 and as high as $196.52.

On Thursday, October 27th, Stanley Black & Decker (NYSE: SWK) released its most recent quarterly earnings report. The report was for the fiscal period ending in the previous quarter. The company that makes industrial goods reported quarterly earnings of $0.76 per share, which is $0.03 higher than the consensus expectation of $0.73 per share. The consensus estimate was calculated based on information provided by Thomson Reuters. Stanley Black & Decker had a return on equity of 11.77%, and the company had an overall net margin of 8.44%. However, the company’s revenue for the quarter was $4.12 billion, significantly higher than the $3.98 billion analysts anticipated it would bring in. Compared to the previous year’s results for the same quarter, the company reported $2.77 per share earnings. The company’s quarterly sales saw a 9.0% increase when measured against the results for the same quarter that were recorded the year before. The consensus among industry experts is that Stanley Black & Decker will achieve a profit of $4.44 per share.

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