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Stanley Works (NYSE:SWK), the renowned tools and storage company with a market capitalization of $11.9 billion, has seen its stock price touch a 52-week low, trading at $71.2. According to InvestingPro analysis, the stock appears undervalued at current levels, with analyst price targets ranging from $84 to $120.15. This latest price level reflects a significant downturn from the company’s performance over the past year, with the stock experiencing a 1-year change of -18.92%. Investors are closely monitoring Stanley Works as it navigates through a period marked by economic headwinds and competitive pressures, which have evidently impacted the stock’s market position. Despite these challenges, the company maintains a solid 4.26% dividend yield and has raised its dividend for 54 consecutive years, according to InvestingPro’s analysis (unlock 8 more exclusive ProTips with a subscription). The company’s efforts to rebound from this low will be watched with keen interest by the market and industry analysts alike.
In other recent news, Stanley Black & Decker received a favorable outlook from Jefferies, which initiated coverage with a Buy rating and set a price target of $103.00. Jefferies anticipates approximately 20% growth potential for the company’s shares, driven by positive developments across its brand portfolio and operational efficiencies. The firm highlighted momentum for the DEWALT brand and stabilization of the CRAFTSMAN brand as key factors contributing to this optimistic view. Additionally, Jefferies expects gross margin improvements by 2025, which could lead to upward revisions in the 2026 Street EPS as investor confidence grows. This confidence is based on anticipated profit improvements following the company’s restructuring efforts initiated in 2022. Jefferies forecasts that this strategic shift will enhance profitability and contribute to the stock’s performance. The analysts believe Stanley Black & Decker’s transition from transformation to organic growth will likely result in a higher market valuation in the latter half of the year. These strategic initiatives are projected to benefit the company as it continues to execute its operational and financial plans.
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