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 down 0.5%. By the end of trading, Stanley Black & Decker fell $1.01 (-1.3%) to $76.30 on average volume. Throughout the day, one million shares of Stanley Black & Decker exchanged hands as compared to its average daily volume of 1.3 million shares. The stock ranged in price between $76.18-$77.50 after having opened the day at $77.50 as compared to the previous trading day's close of $77.31. Other companies within the Industrial industry that declined today were: Adept Technology ( ADEP), down 14.9%, Exide Technologies ( XIDE), down 11.5%, PMFG ( PMFG), down 9%, and RBC Bearings ( ROLL), down 7%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

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 $13.08 billion and is part of the industrial goods sector. The company has a P/E ratio of 16.6, below the S&P 500 P/E ratio of 17.7. Shares are up 4.7% year to date as of the close of trading on Wednesday. Currently there are seven analysts that rate Stanley Black & Decker a buy, no analysts rate it a sell, and five 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 compelling growth in net income, expanding profit margins, good cash flow from operations, 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 somewhat disappointing return on equity.

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).

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.
null

If you liked this article you might like

Most Restaurant Stocks Remain Tough to Swallow

Cramer: Irma and Harvey Busted the Algos

First Leg Down of United Tech; Hurricanes -- Jim Cramer's Top Thoughts

Irma to Bring Droves to Aisles of Home Depot; Teva Reveals Savior CEO - ICYMI

Stanley Black & Decker Builds a Rally

Stanley Black & Decker Builds a Rally