Stanley Works stock hits 52-week low at $77.66

In a challenging market environment, Stanley Works (NYSE:SWK) stock has touched a 52-week low, dipping to $77.66. The company, with a market capitalization of $12.06 billion, maintains a robust 4.08% dividend yield and has impressively raised its dividend for 54 consecutive years, according to InvestingPro data. This latest price level reflects a significant downturn from the company’s performance over the past year, with Stanley Works witnessing a 1-year change of -19.52%. Investors are closely monitoring the stock as it navigates through market pressures, with the current low serving as a critical point of interest for both potential buyers looking for a bargain and current shareholders concerned about the company’s trajectory. InvestingPro analysis suggests the stock is currently undervalued, with analyst price targets ranging from $86 to $120.15, indicating potential upside. For deeper insights, investors can access 8 additional exclusive ProTips and comprehensive valuation metrics through InvestingPro’s detailed research report.

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 analysts anticipate 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 their optimistic view. Additionally, Jefferies expects gross margin improvements by 2025 and forecasts potential upward revisions to the 2026 earnings per share estimates. This confidence is supported by anticipated profit improvements following the company’s restructuring efforts initiated in 2022. The strategic shift towards organic growth is expected to enhance profitability and contribute to the stock’s performance. Jefferies projects a positive trajectory for Stanley Black & Decker as it continues to execute its operational and financial plans in the coming years.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.