Shares of Stanley Black & Decker, Inc. (NYSE:SWK) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $123.24 and last traded at $124.17, with a volume of 74688 shares changing hands. The stock had previously closed at $128.10.

SWK has been the subject of several recent research reports. Robert W. Baird set a $154.00 price target on Stanley Black & Decker and gave the company a “hold” rating in a report on Tuesday. ValuEngine downgraded Stanley Black & Decker from a “hold” rating to a “sell” rating in a report on Monday, October 8th. Credit Suisse Group initiated coverage on Stanley Black & Decker in a report on Monday, September 17th. They issued an “outperform” rating and a $170.00 price target for the company. UBS Group lowered their price target on Stanley Black & Decker from $195.00 to $190.00 and set a “buy” rating for the company in a report on Thursday, August 30th. Finally, Wells Fargo & Co lowered their price target on Stanley Black & Decker from $194.00 to $168.00 and set an “outperform” rating for the company in a report on Tuesday, July 17th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and thirteen have given a buy rating to the company. Stanley Black & Decker has a consensus rating of “Buy” and a consensus price target of $176.94.

The company has a debt-to-equity ratio of 0.38, a current ratio of 0.94 and a quick ratio of 0.51. The company has a market cap of $22.41 billion, a price-to-earnings ratio of 16.68, a PEG ratio of 1.73 and a beta of 0.98.

Stanley Black & Decker (NYSE:SWK) last announced its earnings results on Friday, July 20th. The industrial products company reported $2.57 earnings per share for the quarter, beating the consensus estimate of $2.03 by $0.54. The company had revenue of $3.64 billion during the quarter, compared to the consensus estimate of $3.48 billion. Stanley Black & Decker had a return on equity of 16.54% and a net margin of 7.52%. The company’s revenue was up 10.9% on a year-over-year basis. During the same period last year, the firm earned $0.58 earnings per share. On average, research analysts forecast that Stanley Black & Decker, Inc. will post 8.38 EPS for the current fiscal year.

In other news, VP Jocelyn Belisle sold 1,185 shares of the firm’s stock in a transaction dated Friday, September 7th. The stock was sold at an average price of $139.04, for a total transaction of $164,762.40. Following the completion of the sale, the vice president now directly owns 12,766 shares in the company, valued at $1,774,984.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.69% of the stock is owned by company insiders.

Several institutional investors have recently made changes to their positions in the company. Mount Yale Investment Advisors LLC bought a new position in shares of Stanley Black & Decker during the first quarter worth about $117,000. Flagship Harbor Advisors LLC bought a new position in shares of Stanley Black & Decker during the second quarter worth about $136,000. NEXT Financial Group Inc bought a new position in shares of Stanley Black & Decker during the third quarter worth about $139,000. Paragon Capital Management Ltd bought a new position in shares of Stanley Black & Decker during the second quarter worth about $204,000. Finally, Intact Investment Management Inc. bought a new position in shares of Stanley Black & Decker during the second quarter worth about $213,000. Institutional investors own 83.56% of the company’s stock.

About Stanley Black & Decker (NYSE:SWK)

Stanley Black & Decker, Inc provides tools and storage, engineered fastening and infrastructure, and security solutions worldwide. The company's Tools & Storage segment offers professional products, including corded and cordless electric power tools and equipment, drills, impact wrenches and drivers, grinders, saws, routers, and sanders, as well as pneumatic tools and fasteners, including nail guns, nails, staplers and staples, and concrete and masonry anchors; and consumer products, such as lawn and garden products comprising hedge and string trimmers, lawn mowers, and edgers and related accessories, as well as home products, such as hand-held vacuums, paint tools, and cleaning appliances.

Featured Article: Do You Need a Fiduciary?

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.