Is Stanley Black & Decker a Good Value Now?
It's been a complicated year for investors in Stanley Black & Decker (NYSE: SWK), with a lot of moving parts having affected 2019 earnings and 2020 guidance. That said, the company's underlying progress is good -- not least with the rollout of the Craftsman brand -- and there are plenty of positive catalysts for next year and beyond. In short, the stock remains attractive, but to buy it, you are going to need a long-term view. Here's what you should know first.
Stanley's earnings this year are a mishmash of moving parts. Let's start with the headline guidance and analyst expectations. Management expects to earn $8.35 to $8.45 in adjusted EPS in 2019, and analysts expect $8.97 in 2020 accompanied by 3.4% revenue growth.
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Source Fool.com
