Is Stanley Black & Decker Stock Underperforming the Nasdaq?

Core Viewpoint - Stanley Black & Decker, Inc. (SWK) is a diversified global provider in the tools and accessories industry, with a market cap of $11.7 billion, indicating its significant size and influence [1][2]. Company Overview - SWK offers a wide range of products including hand tools, power tools, mechanical access solutions, electronic security solutions, healthcare solutions, and engineered fastening systems [1]. - The company is characterized by a diversified portfolio, strong brand equity, and technological capabilities, which position it well for growth, particularly in the cordless power tools segment [2]. Stock Performance - SWK's stock has experienced a decline of 16.9% from its 52-week high of $91.06, reached on January 28, and has underperformed the Nasdaq Composite, which gained 4.8% over the same three-month period [3]. - Over a six-month period, SWK shares rose by 12.3%, but they fell by 8.5% over the past 52 weeks, underperforming the Nasdaq's gains of 18% and 16.5% over the same time frames [4]. Financial Results - In Q3, SWK reported an adjusted EPS of $1.43, surpassing Wall Street's expectations of $1.19, although its revenue of $3.76 billion fell short of the forecast of $3.77 billion [5]. Analyst Sentiment - Analysts maintain a "Moderate Buy" consensus rating for SWK, with a mean price target of $81.33, suggesting a potential upside of 7.5% from current levels [6].