Stanley Black & Decker Inc (SWK): Today's Featured Industrial Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Stanley Black & Decker ( SWK) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day up 0.2%. By the end of trading, Stanley Black & Decker fell $1.02 (-1.4%) to $69.25 on light volume. Throughout the day, 1.1 million shares of Stanley Black & Decker exchanged hands as compared to its average daily volume of 1.6 million shares. The stock ranged in price between $68.72-$70.50 after having opened the day at $69.98 as compared to the previous trading day's close of $70.27. Other companies within the Industrial industry that declined today were: Euro Tech Holdings Company ( CLWT), down 11.4%, Manitowoc ( MTW), down 6.4%, Calgon Carbon Corporation ( CCC), down 5.6%, and Broadwind Energy ( BWEN), down 5.1%.
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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. Stanley Black & Decker has a market cap of $11.8 billion and is part of the industrial goods sector. The company has a P/E ratio of 17.6, below the average industrial industry P/E ratio of 21.3 and equal to the S&P 500 P/E ratio of 17.7. Shares are up 3.9% year to date as of the close of trading on Friday. Currently there are nine analysts that rate Stanley Black & Decker a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates Stanley Black & Decker as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, A123 Systems ( AONE), up 53.9%, Cascade Corporation ( CASC), up 18%, NF Energy Saving ( NFEC), up 5.7%, and Edwards Group ( EVAC), up 5.7%, were all gainers within the industrial industry with Joy Global ( JOY) being today's featured industrial industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial industry could consider SPDR Dow Jones Industrial Average ( DIA) while those bearish on the industrial industry could consider ProShares UltraShort Industrials ( SIJ).

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