Stanley Works
New York symbol SWK, makes a wide variety of hand and power tools for consumer and industrial users. It also provides building security systems and services.
There has recently been good news on the U.S. housing front: Single-family home sales jumped 7.2% in July from June. That’s the biggest month-over-month rise that the country has seen in 10 years. Sales had been rising for the previous three months, but July’s result was much higher than expected.
Now, investors on both sides of the border are wondering …read more »
THE STANLEY WORKS $34 (New York symbol SWK; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 79.1 million; Market cap: $2.7 billion; Price-to-sales ratio: 0.6; WSSF Rating: Average) makes hand and power tools for consumer and industrial users. Its top-selling brands include Stanley, FatMax and Powerlock. It mainly sells its tools through home-improvement retailers like Home Depot.
Security products cut …read more »
THE STANLEY WORKS $33 (New York symbol SWK; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 78.6 million; Market cap: $2.6 billion; WSSF Rating: Average) makes a wide variety of hand and power tools for consumer and industrial users.
The tool business exposes Stanley to the cyclical home construction, renovation and automotive repair industries. However, the company is successfully expanding …read more »
While the recent downturn has hurt most stocks, it’s been particularly hard on manufacturing companies such as these five. That’s because they serve narrow markets or cyclical industries. However, all of them are doing a good job controlling costs, which will help them stay profitable until the economy improves. That should also let them keep paying above-average dividends.
QUAKER CHEMICAL CORP. …read more »
ABB LTD. ADRs $33 (New York symbol ABB; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs outstanding: 2.3 billion; Market cap: $75.9 billion; WSSF Rating: Above average) earned $0.44 per ADR in the three months ended March 31, 2008, up 76.0% from $0.25 a year earlier. (Each American Depository Receipt represents one ABB common share.) Revenue grew 29.0%, to $8.0 …read more »
CEDAR FAIR L.P. $24 (New York symbol FUN) lost $0.08 a unit in 2007. However, that figure included a $1.00 a unit charge related to the restructuring of its Geauga Lake amusement park in Ohio. The company earned $1.59 a unit in 2006. Revenue grew 18.7%, to $987.0 million from $831.4 million. Cedar Fair has also increased its quarterly distribution …read more »
THE STANLEY WORKS $51 (New York symbol SWK; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 82.2 million; Market cap: $4.2 billion; WSSF Rating: Average) makes a wide variety of hand and power tools for consumers and industrial users.
In addition to the Stanley brand, the company’s best-known trademarks include Bostitch, Husky, Monarch, and Mac Tools. It sells its products …read more »
We first recommended Stanley Works at $30 in our August, 2003 issue. We liked the strong earnings potential of its brands, and its expansion into less cyclical industries like building security services. The company also has a long history of rising dividends.
Stanley reached a high of $64.25 in July this year, but has since moved down with slowing housing and …read more »
THE STANLEY WORKS $50 (New York symbol SWK; Conservative Growth Portfolio, Manufacturing & Industry sector; WSSF Rating: Average) makes a wide variety of hand and power tools for professionals and consumers.
In the past four years, Stanley has shifted its focus away from cyclical consumer products to industrial products and building security systems, which have steadier revenue streams.
Consumer products now account …read more »
These three well-managed industrial companies have come under pressure in the past few months, as rising costs for fuel, metals, plastics and labor have slowed their earnings growth.
But they own some of the best-known brands in their fields, and they are all doing a good job cutting costs. Some like Stanley Works are taking advantage of the recent weakness in …read more »
