Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Snap-on (SNA)
NYSE:SNA
Snap-on (SNA) Stock Price & Analysis
741 Followers
SNA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$244.81 - $296.48
Previous Close$269.63
Volume312.57K
Average Volume (3M)294.21K
Market Cap
$14.21B
Enterprise Value$14.37B
Total Cash (Recent Filing)$1.12B
Total Debt (Recent Filing)$1.25B
Price to Earnings (P/E)14.2
Beta0.85
Next Earnings
Jul 18, 2024EPS Estimate
$4.93Last Dividend Ex-Date
May 17, 2024Dividend Yield2.67%
Share Statistics
EPS (TTM)19.05
Shares Outstanding52,718,549
10 Day Avg. Volume288,907
30 Day Avg. Volume294,211
Standard Deviation0.08
R-Squared0.46
Alpha0.00234
Financial Highlights & Ratios
Price to Book (P/B)3.71
Price to Sales (P/S)10.87
Price to Cash Flow (P/CF)10.10
P/FCF Ratio10.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.86
Enterprise Value/Gross Profit5.49
Enterprise Value/Ebitda9.63
Forecast
1Y Price Target
$294.75Price Target Upside8.83% Upside
Rating ConsensusHold
Number of Analyst Covering4
Snap-on News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceNet earnings totaled $263.5 million versus $248.7 million, while adjusted EPS totaled $4.91 versus $4.60.
Growth InitiativesSnap-on's ongoing pivot, including redirected product design, capacity, and marketing efforts, should ultimately drive better growth.
Market ConditionsThe automotive repair market remains favorable with vehicle OEM and dealerships continuing to invest in tools and equipment tied to new vehicle models.
Bears Say
Market DemandHigher ticket, longer payback products continued to feel the impact of lower technician demand.
Revenue DeclineIncremental weakness in organic sales in Tools, combined with an organic sales decline in C&I drove fears of a more protracted slowdown, with the stock down 7.7% on the day.
Sales PerformanceA second consecutive year-over-year organic sales decline in the Tools Group should more firmly reset 2024 expectations.
---
Ownership Overview
2.62% Insiders
21.26% Mutual Funds
30.72% Other Institutional Investors
45.40% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Ability to SellRisks related to the company’s ability to sell goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
SNA FAQ
What was Snap-on’s price range in the past 12 months?
Snap-on lowest stock price was $244.81 and its highest was $296.48 in the past 12 months.
What is Snap-on’s market cap?
Currently, no data Available
When is Snap-on’s upcoming earnings report date?
Snap-on’s upcoming earnings report date is Jul 18, 2024 which is 3 days ago.
How were Snap-on’s earnings last quarter?
Snap-on released its earnings results on Apr 18, 2024. The company reported $4.91 earnings per share for the quarter, beating the consensus estimate of $4.642 by $0.268.
Is Snap-on overvalued?
According to Wall Street analysts Snap-on’s price is currently Undervalued.
Does Snap-on pay dividends?
Snap-on pays a Quarterly dividend of $1.86 which represents an annual dividend yield of 2.67%. See more information on Snap-on dividends here
What is Snap-on’s EPS estimate?
Snap-on’s EPS estimate is $4.93.
How many shares outstanding does Snap-on have?
Snap-on has 52,718,548 shares outstanding.
What happened to Snap-on’s price movement after its last earnings report?
Snap-on reported an EPS of $4.91 in its last earnings report, beating expectations of $4.642. Following the earnings report the stock price went down -7.67%.
Which hedge fund is a major shareholder of Snap-on?
Among the largest hedge funds holding Snap-on’s share is Ariel Investments LLC. It holds Snap-on’s shares valued at 22M.
---
Snap-on Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$294.75 (8.83% Upside)
$294.75 (8.83% Upside)
Blogger Sentiment
Bullish
SNA Sentiment 80%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 152.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $690.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days >0.1%
Last 30 Days ▲ 2.4%
Last 30 Days ▲ 2.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-5.43%
12-Months-Change
Fundamentals
Return on Equity
21.04%
Trailing 12-Months
Asset Growth
7.60%
Trailing 12-Months
Company Description
Snap-on
Snap-On, Inc. engages in the manufacture and marketing of tools, equipment, diagnostics, repair information, and systems solutions for professional users performing critical tasks. Its Products and services include hand and power tools, tool storage, diagnostics software, handheld and PC-based diagnostic products, information and management systems, shop equipment and other solutions for vehicle dealerships and repair centers, as well as for customers in industries, such as aviation and aerospace, agriculture, construction, government and military, mining, natural resources, power generation and technical education. It operates through following segments: Commercial and Industrial Group; Snap-On Tools Group; Repair Systems and Information Group; and Financial Services. The Commercial and Industrial Group segment consists of business operations that serve the aerospace, natural resources, government, power generation, transportation and technical education markets. The Snap-On Tools Group segment includes business operations primarily serving vehicle service and repair technicians through worldwide mobile tool distribution channel. The Repair System and Information Group segment serves other professionals vehicle repair customers, primarily owners and managers of independent repair shops and original equipment manufacturer dealerships through direct and distributor channels. The Financial Services segment comprises of installment sales and lease contracts arising from franchisees' customers, and business loans and vehicle leases to franchisees. The company was founded by Joseph Johnson and William Seidemann in 1920 and is headquartered in Kenosha, WI.
---
SNA Company Deck
---
SNA Earnings Call
Q1 2024
0:00 / 0:00
---
SNA Revenue Breakdown
71.73% U.S.
14.90% Europe
13.37% Other
---
SNA Stock 12 Month Forecast
Average Price Target
$294.75
▲(8.83% Upside)
Technical Analysis
Best Analysts Covering SNA
1 Year
1 Year Success Rate
17/20 ratings generated profit
1 Year Average Return
+17.09%
reiterated a buy rating 5 months ago
Copying Ivan Feinseth's trades and holding each position for 1 Year would result in 85.00% of your transactions generating a profit, with an average return of +17.09% per trade.
---