Stanley Black & Decker (SWK) has been making the news due to its recent financial performance. Notable financial analyst, Jim Cramer, has expressed shock over Stanley Black & Decker’s weak quarter, with the company's free cash flow going in the wrong direction. The company's stocks tumbled by 7% on Tuesday, and its second quarter sales fell below analyst estimates. Despite these setbacks, Stanley Black & Decker remains a top choice for income stocks amongst conservative investors, even with its stock now on sale. The stock may be currently underperforming due to tariffs taking an $800M toll on the company’s outlook. However, the company managed to beat EPS expectations even though its revenues lagged. Stanley Black & Decker seeks to bolster its financial performance in 2025 by targeting $500M in cost savings. Positive news includes the announcement of a leadership transition plan, the company's earnings beating estimates by $0.67, and Barclays adjusting the price target for the company's stock.
Stanley Black Decker SWK News Analytics from Tue, 31 Dec 2024 08:00:00 GMT to Sat, 02 Aug 2025 17:31:32 GMT -
Rating -2
- Innovation 1
- Information 5
- Rumor -3
