Added to YB: 2024-11-06
Pitch date: 2024-09-30
SWK [bullish]
Stanley Black & Decker, Inc.
-27.54%
current return
Author Info
No bio for this author
Company Info
Stanley Black & Decker, Inc. provides hand tools, power tools, outdoor products, and related accessories in the United States, Canada, Other Americas, Europe, and Asia.
Market Cap
$10.2B
Pitch Price
$104.44
Price Target
N/A
Dividend
5.02%
EV/EBITDA
9.46
P/E
22.83
EV/Sales
1.12
Sector
Machinery
Category
turnaround
Ariel Investments Appreciation Fund Portfolio Holding: Stanley Black & Decker, Inc.
SWK: Q1 earnings beat, guidance raised. Tools & Outdoor seg. positive organic growth first time since 2021. Transformation initiatives on track, margins expanding via sourcing, productivity & cost efficiencies. Mgmt cautiously optimistic on consumer demand recovery. Strong exec team & balance sheet to weather challenges.
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