Stanley Black & Decker Stock Hits New 52-Week High (SWK)

NEW YORK ( TheStreet) -- Stanley Black & Decker (NYSE: SWK) hit a new 52-week high Tuesday as it is currently trading at $79.20, above its previous 52-week high of $78.19 with 115,026 shares traded as of 9:40 a.m. ET. Average volume has been 1.5 million shares over the past 30 days.

Stanley Black & Decker has a market cap of $11.8 billion and is part of the industrial goods sector and industrial industry. Shares are up 14.9% year to date as of the close of trading on Monday.

Stanley Black & Decker, Inc. provides power and hand tools, mechanical access solutions, and electronic security and monitoring systems primarily in the United States, Europe, Latin America, and Canada. The company has a P/E ratio of 19.1, above the average industrial industry P/E ratio of 18 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Stanley Black & Decker as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, robust revenue growth, good cash flow from operations, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Stanley Black & Decker Ratings Report.

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