The Albatross Around Seagate Technology plc (STX) And Stanley Black & Decker, Inc. (SWK)

5 analysts out of 25 Wall Street brokerage firms rate Seagate Technology plc (NASDAQ:STX) as a Buy, while 5 see it as a Sell. The rest 15 describe it as a Hold. STX stock traded higher to an intra-day high of $47.96. At one point in session, its potential discontinued and the price was down to lows at $46.99. Analysts have set STX’s consensus price at $43.32, effectively giving it a -8.2% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $63 (up 33.5% from current price levels). STX has a 98.5% ROE, higher than the 8.68% average for the industry. The average ROE for the sector is 15.4%.

It is expected that in Mar 2019 quarter STX will have an EPS of $0.71, suggesting a -51.37% growth. For Jun 2019 is projected at $0.83. It means that there could be a -48.77% growth in the quarter. Yearly earnings are expected to rise by -15.43% to about $4.66. As for the coming year, growth will be about 1.5%, lifting earnings to $4.73. RSI after the last trading period was 57.79. STX recorded a change of 4.43% over the past week and returned 19.47% over the last three months while the STX stock’s monthly performance revealed a shift in price of 3.97%. The year to date (YTD) performance stands at 22.29%, and the bi-yearly performance specified an activity trend of -3.65% while the shares have moved -20.93% for the past 12 months.

Seagate Technology plc (STX) currently trades at $47.19, which is lower by -1.03% its previous price. It has a total of 285 million outstanding shares, with an ATR of around 1.25. The company’s stock volume dropped to 2.76 million, worse than 3.84 million that represents its 50-day average. A 5-day increase of about 4.43% in its price means STX is now 22.29% higher on year-to-date. The shares had marked a $62.70 52-week high price and the 52 week low of $35.38. Overall, it has seen a growth rate of -20.93 over the last 12 months.

Seagate Technology plc (NASDAQ:STX)’s EPS was $1.41 as reported for the December quarter. In comparison, the same quarter a year ago had an EPS of $1.48. That means that its growth in general now stands at -5%. Therefore, a prediction of $1.28 given by the analysts brought a positive surprise of 10%. STX Dec 19 quarter revenue was $2.72 billion, compared to $2.91 billion recorded in same quarter last year, giving it a -7% growth rate. The company’s $-0.19 billion revenue decline that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

Stanley Black & Decker, Inc. (NYSE:SWK) shares depreciated -1.19% over the last trading period, taking overall 5-day performance up to 0.56%. SWK’s price now at $131.98 is greater than the 50-day average of $129.86. Getting the trading period increased to 200 days, the stock price was seen at $133.37 on average. The general public currently hold control of a total of 150.78 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 153.68 million. The company’s management holds a total of 0.3%, while institutional investors hold about 89.8% of the remaining shares. SWK share price finished last trade -1.89% below its 20 day simple moving average and its downbeat gap from 200 day simple moving average is -1.1%, while closing the session with 1.82% distance from 50 day simple moving average.

Stanley Black & Decker, Inc. (SWK) shares were last observed trading -18.49% down since March 21, 2018 when the peak of $161.91 was hit. Last month’s price growth of -0.25% puts SWK performance for the year now at 10.22%. Consequently, the shares price is trending higher by 24.03%, a 52-week worst price since Oct. 25, 2018. However, it is losing value with -6.95% in the last 6 months.

SWK’s beta is 1.25; meaning investors could reap higher returns, although it also poses higher risks. The company allocated $5.3 per share from its yearly profit to its outstanding shares. Its last reported revenue is $3.63 billion, which was 6% versus $3.41 billion in the corresponding quarter last year. The EPS for Dec 19 quarter came in at $2.11 compared to $2.18 in the year-ago quarter and had represented -3% year-over-year earnings per share growth. SWK’s ROA is 3%, lower than the 7.29% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 5.13%.

Estimated quarterly earnings for Stanley Black & Decker, Inc. (NYSE:SWK) are around $1.18 per share in three months through March with $2.48 also the estimate for June quarter of the fiscal year. It means the growth is estimated at -15.11% and -3.5%, respectively. Analysts estimate full-year growth to be 4.79%, the target being $8.54 a share. The upcoming year will see an increase in growth by percentage to 10.3%, more likely to see it hit the $9.42 per share. The firm’s current profit margin over the past 12 months is 4.3%. SWK ranks lower in comparison to an average of 13.54% for industry peers; while the average for the sector is 9.04%.