Shares of Stanley Black & Decker, Inc. (SWK) Sees Large Inflow of Net Money Flow

Stanley Black & Decker, Inc. (SWK) dropped slightly amid mild profit booking and the last known price was $121.98 per share. The price decreased by -2.02 points or -1.63% which made the investors to buy on weakness. For the latest trading session, the net money flow was recorded at $3.59 million. The total upticks were valued at $18.15 million and the total downticks aggregated to $14.56 million, thereby putting the up/down ratio at 1.25,. The shares has seen a change in the share price of -2.44% on a weekly basis.In a big block trade which occurred today, the total uptick value was $5.12 million and the total downtick value was $0, resulting in an up/down ratio of 0. The net money flow for the block trade was calculated to be $5.12 million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Stanley Black & Decker, Inc. has dropped 1.31% in the last five trading days, however, the shares have posted positive gains of 6.95% in the last 4 weeks. Stanley Black & Decker, Inc. is up 8.27% in the last 3-month period. Year-to-Date the stock performance stands at 6.95%. Stanley Black & Decker, Inc. (NYSE:SWK) witnessed a decline in the market cap on Wednesday as its shares dropped 1.08% or 1.34 points. After the session commenced at $123.67, the stock reached the higher end at $123.67 while it hit a low of $121.41. With the volume soaring to 1,543,940 shares, the last trade was called at $122.66. The company has a 52-week high of $128.77. The company has a market cap of $18,483 million and there are 150,688,660 shares in outstanding. The 52-week low of the share price is $88.72.

Company has reported several Insider transactions to the SEC, on Jan 31, 2017, Bruce H Beatt (Sr. VP, Gen. Counsel & Secy) sold 3,750 shares at 124.81 per share price.On Jan 27, 2017, Lee B Mcchesney (CFO,GT&S and Pres.,Ind Vert) sold 1,193 shares at 124.90 per share price.On Jan 27, 2017, Joseph R Voelker (SVP, Human Resources) sold 412 shares at 125.00 per share price.

Stanley Black & Decker Last issued its quarterly earnings results on Jan 26, 2017. The company reported $1.71 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $1.68. The company had revenue of $2920.40 million for the quarter, compared to analysts expectations of $2933.98 million. The companys revenue was up 2.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.78 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Stanley Black & Decker was Initiated by Barclays on Jan 30, 2017 to Overweight, Price Target of the shares are set at $140.Stanley Black & Decker was Downgraded by CLSA to Outperform on Dec 13, 2016.

Stanley Black & Decker, Inc., formerly known as Stanley Works Inc., is a diversified global provider of tools and related accessories, mechanical access solutions; electronic security solutions, engineered fastening systems etc. The Company has three reportable segments: Construction & Do-It-Yourself, Industrial and Security. The Construction & DIY segment manufactures hand tools and sells its products to professional end users and consumers through retailers, including home centers, mass merchants, hardware stores, and retail lumber yards. Its Industrial segment offers various mechanics tools and storage systems to industrial customers through third party distributors and direct sales forces. The Security segment provides a range of mechanical and electronic security products and systems, as well as various security services to retailers; educational, financial, and healthcare institutions; and commercial, governmental, and industrial customers. The Company is based in New Britain, Connecticut.

Stanley

Share this post

Leave a Reply