SWK Has Strong Debt-to-Equity Ratio amid Rising Debt
At the end of 2Q17, Stanley Black & Decker’s (SWK) debt has reached the highest point since 2012.
Stanley Black & Decker (SWK) has given amazing returns to its investors so far in 2017.
As of October 3, 2017, SWK’s one-year-forward price-to-earnings multiple was 19.70x, while peer DOV is trading at a one-year-forward price-to-earnings multiple of 20.90x.
Stanley Black & Decker’s 2Q17 earnings beat analysts’ estimates.
At the end of 2Q17, SWK’s interest expense was $107.3 million as compared to $95 million in 2Q16.
As of June 6, 2017, Stanley Black & Decker’s dividend yield was 1.7% with its current dividend rate of $0.58 per share—low compared to its peers.
On April 20, 2017, Stanley Black & Decker (SWK) declared its regular quarterly dividend of $0.58 per share for 2Q17 due to its outstanding shares.
Barclays gave an “overweight” rating to General Electric’s (GE) stock, with a target price of $34 on July 22. The target price implies a potential rise of 6.0% over July 22’s closing price of $32.06 per share.
The shares of General Electric (GE) are trading at a PE (price-to-earnings) ratio of 28.6x.
GE had $10.0 billion in cash and cash equivalents on the Industrial + Verticals balance sheet as of June 30, 2016.
For 2016, analysts estimate General Electric’s (GE) revenues will come in at $124.9 billion, ~8.5% higher than 2015 revenues of $115.1 billion.
General Electric (GE) expects Alstom’s expertise will be handy in gaining an edge in combined cycle gas plants, which typically employ gas turbines as well as steam turbines.
General Electric’s (GE) Appliances & Lighting business generated 5.8% of GE’s revenues in 2Q16 but accounted for only 2.3% of profit.
In 2Q16, GE’s total new orders came in at $26.6 billion, $12.6 billion of which was from equipment orders and $13.7 billion of which was from services orders.
After the 2008 financial crisis, General Electric’s (GE) financial service business had substantial exposure to wholesale funding and underwriting. Underwriting involves signing and accepting liability and guaranteeing payment in case damage…
GECC (General Electric Capital Corporation) reported $2.3 billion in revenues in 2Q16 compared to $2.4 billion in 2Q15.
General Electric’s (GE) Aviation (ITA) segment is its second largest business unit. It contributed 22.7% of Industrial sales in 2Q16. The equipment and services contributed approximately 45% and 55%, respectively,…
General Electric’s (GE) Power (XOP) segment is its largest business unit. It contributed 23.0% of Industrial revenues in 2Q16
General Electric (GE) has legitimate concerns about its Oil & Gas segment due to lower oil equipment sales. In 1Q16, the company lowered guidance for the segment for 2016.
General Electric’s (GE) 2Q16 revenues came in at $33.4 billion, compared to analysts’ estimate of $31.8 billion.