Stanley Black & Decker Exhibits Strong Prospects Despite Headwinds

Zacks12-17 23:54

Stanley Black & Decker, Inc. SWK is benefiting from its multi-year global cost-reduction program, which comprises a series of initiatives to resize the organization, reduce inventory and optimize the ...

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SWK is benefiting from its multi-year global cost-reduction program, which comprises a series of initiatives to resize the organization, reduce inventory and optimize the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/stanley-black-decker-exhibits-strong-155400661.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BZ1G4Q59.USD","symbol_name":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","start_time":0,"source_url":"https://finance.yahoo.com/news/stanley-black-decker-exhibits-strong-155400661.html","article_id":"2492599372","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/USM1sccj2A_1SIfW7EN8iA--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/8011b8b12b1c5c7ee0ee2342048e5329"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492599372","pubTimestamp":1734450840,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Stanley Black & Decker, Inc. SWK is benefiting from its multi-year global cost-reduction program, which comprises a series of initiatives to resize the organization, reduce inventory and optimize the supply chain to improve its profitability and reposition it to pursue sustainable long-term growth.Some better-ranked companies are discussed below.Graham Corporation GHM currently sports a Zacks Rank #1 . You can see the complete list of today’s Zacks #1 Rank stocks here.GHM delivered a trailing four-quarter average earnings surprise of 101.9%. In the past 60 days, the Zacks Consensus Estimate for Graham’s fiscal 2025 earnings has increased 8.4%.RBC Bearings I","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","SWK":"美国史丹利公司","LU0106831901.USD":"贝莱德世界金融基金A2","LU0314104364.USD":"MANULIFE GF AMERICAN GROWTH \"AA\" (USD) INC","LU0321505439.SGD":"Schroder ISF Global Dividend Maximiser A Acc SGD","LU0106261372.USD":"SCHRODER ISF US LARGE CAP \"A\" ACC","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","BK4581":"高盛持仓","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0225283273.USD":"SCHRODER ISF GLOBAL EQUITY ALPHA \"A\" (USD) ACC","IE00B64QTZ34.USD":"NEUBERGER BERMAN US SMALL CAP \"A\" (USD) ACC","LU2089283258.USD":"安联环球可持续基金Cl AM Dis","BK4504":"桥水持仓","LU2065731478.USD":"ALLSPRING (LUX) WORLDWIDE FUND - SMALL CAP INNOVA \"I\" (USD) ACC","LU1989772923.USD":"CPR Invest - Climate Action A2 Acc USD-H","LU0225284248.USD":"SCHRODER ISF GLOBAL EQUITY YIELD \"A\" ACC","LU0971096721.USD":"富达环球金融服务 A","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","LU2111349929.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (HKD) INC","BK4127":"投资银行业与经纪业","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","GHM":"Graham Corp","IE00BLDYK493.USD":"NEUBERGER BERMAN US SMALL CAP \"A\" (USD) INC","LU1815336091.USD":"THREADNEEDLE (LUX) GLOBAL SMALLER COMPANIES \"AUP\" (USD) INC","BK4597":"股息贵族","BK4516":"特朗普概念","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0306807586.USD":"SCHRODER ISF GLOBAL DIVIDEND MAXIMISER \"A\" (USD) INC QF","BK4161":"工业机械","LU2271345857.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (HKD) ACC","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU0306806265.USD":"SCHRODER ISF GLOBAL DIVIDEND MAXIMISER \"A\" ACC","LU2023251221.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (USD) INC","LU0098860793.USD":"FRANKLIN INCOME \"A\" INC","GHC":"格雷厄姆控股","BK4566":"资本集团","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","LU0757428866.USD":"THREADNEEDLE (LUX) GLOBAL SMALLER COMPANIES \"AE\" (USD) ACC","KAI":"凯登纸业","LU2089284900.SGD":"Allianz Global Sustainability Cl AM Dis H2-SGD","LU0267386448.USD":"FIDELITY FIRST ALL COUNTRY WORLD \"A\" (USD) INC","LU0321505868.SGD":"Schroder ISF Global Dividend Maximiser A Dis SGD","LU0158827781.USD":" ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (USD) ACC","LU0985481810.HKD":"SCHRODER ISF GLOBAL EQUITY YIELD \"A\" (HKD) INC M","RBC":"RBC轴承","LU0225771236.USD":"SCHRODER ISF GLOBAL EQUITY YIELD \"A\" (USD) INC MF"},"translate_title":"尽管面临阻力，史丹利百得仍展现出强劲的前景","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SWK":1,"RBC":1,"GHM":1,"KAI":1,"GHC":0.9},"content_text":"Stanley Black & Decker, Inc. SWK is benefiting from its multi-year global cost-reduction program, which comprises a series of initiatives to resize the organization, reduce inventory and optimize the supply chain to improve its profitability and reposition it to pursue sustainable long-term growth.\nSince its inception in mid-2022, this program has generated roughly $1.4 billion in pre-tax run-rate savings and reduced inventory by more than $2 billion. The program is expected to continue lowering costs over the next few years. The company expects to generate pre-tax run-rate cost savings of $2 billion by the end of 2025, with an adjusted gross margin of more than 35% in the long term.Stanley Black has added multiple assets to its portfolio over time. The company acquired two major providers of outdoor power equipment (in December 2021) for $1.9 billion in aggregate. The acquisitions included an 80% stake in MTD Holdings and Excel Industries. The buyouts enhanced the company’s cordless electric outdoor power equipment offerings. With the growing popularity of home and outdoor products as well as electrification, Stanley Black’s acquisitions of MTD Holdings and Excel Industries strengthened its prospects in the outdoor products market, which is worth about $25 billion.Stanley Black is committed to rewarding its shareholders through dividend payments and share buybacks. In the first nine months of 2024, the company paid $367.2 million in dividends, up 1.8% year over year. It also bought back shares worth $10 million in the same period. In July 2024, the company hiked its dividend by a penny to 82 cents per share (annually: $3.28 per share).\nDownsides of SWK\nSoftness across both segments is a concern for SWK. The Tools & Outdoor segment is witnessing weakness owing to a soft DIY market and depressing demand for power tools. The Industrial segment is experiencing weakness due to the divestiture of the infrastructure business. Softness in the automotive end market, owing to headwinds in the global automotive OEM light vehicle production and constrained capex spending, is concerning.Stanley Black is dealing with escalating expenses as management has stepped up investments in innovation and growth initiatives. This has increased SG&A as a percentage of sales. In the first nine months, for instance, SG&A increased approximately 1% year over year and 90 bps as a percentage of total revenues to reach 21.2%.SWK currently carries a Zacks Rank #3 (Hold). In the past year, the stock has lost 14.9% against the industry’s 3.5% growth.\nImage Source: Zacks Investment Research\nStocks to Consider\nSome better-ranked companies are discussed below.Graham Corporation GHM currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.GHM delivered a trailing four-quarter average earnings surprise of 101.9%. In the past 60 days, the Zacks Consensus Estimate for Graham’s fiscal 2025 earnings has increased 8.4%.RBC Bearings Incorporated RBC presently carries a Zacks Rank #2 (Buy). The company delivered a trailing four-quarter average earnings surprise of 2.5%.In the past 60 days, the consensus estimate for RBC’s fiscal 2025 earnings has increased 0.5%.Kadant Inc. KAI presently carries a Zacks Rank of 2. It has a trailing four-quarter average earnings surprise of 17.2%.The Zacks Consensus Estimate for KAI’s 2024 earnings has increased 1.8% in the past 60 days.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nStanley Black & Decker, Inc. (SWK) : Free Stock Analysis Report\nRBC Bearings Incorporated (RBC) : Free Stock Analysis Report\nKadant Inc (KAI) : Free Stock Analysis Report\nGraham Corporation (GHM) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492599372"}