STANLEY BLACK & DECKER FALLS TO 2-1/2-YEAR LOW
August 29, 2022
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SWK Intrinsic Value –
Investors pushed Stanley Black &($NYSE:SWK) Decker’s stock to a 2-1/2-year low on Friday amid concerns about the company’s exposure to the weak housing market. The shares fell as much as 3.8% intraday to $91.44 before partly bouncing back to trade at $91.78 by 12:15 p.m. ET, off 3.4% on the session. The sell-off was driven by concerns that Stanley Black & Decker’s businesses, which include selling power tools, locks and other hardware, could be hurt by a prolonged slowdown in the housing market. The company has already been feeling the effects of the housing slump, with its revenue and profit declining in recent quarters. Given the weak outlook for the housing market, it’s unlikely that Stanley Black & Decker will see a turnaround in its business anytime soon. This could weigh on the company’s stock price in the near term.
However, over the long term, Stanley Black & Decker is a well-run company with a strong balance sheet, and it is likely to weather the current downturn and emerge even stronger when the housing market eventually recovers.
The company has been struggling in recent months, and the stock price reflects that. Friday’s drop was the latest in a string of bad news for the company, and investors are clearly losing confidence. STANLEY BLACK & DECKER needs to turn things around quickly if it wants to avoid further losses.
VI Analysis – SWK Intrinsic Value
Company’s fundamentals reflect its long term potential, below analysis on STANLEY BLACK & DECKER are made simple by VI app. The fair value of STANLEY BLACK & DECKER share is around $169.6, calculated by VI Line. Now STANLEY BLACK & DECKER stock is traded at $90.1, undervalued by 47%.
Investing in STANLEY BLACK & DECKER may not be the best idea at the moment as the stock price has fallen to a 2-1/2-year low. This is likely due to recent news surrounding the company, which has investors worried about the future. It may be best to wait until the dust settles before making any decisions about investing in this company.
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