Roth Capital Issues Optimistic Estimate for Snap-On Earnings

Key Points

• Roth Capital has raised its FY2025 earnings per share (EPS) estimate for Snap-On to $19.09, reflecting increased optimism for the company's financial performance.
• Snap-On reported a quarterly EPS of $4.71, exceeding expectations, with revenues rising to $1.19 billion, a 3.8% increase year-over-year.
• Analysts maintain a consensus rating of "Moderate Buy" for Snap-On shares, with price targets ranging from $285.00 to $385.00.

Snap-On Incorporated (NYSE:SNA - Free Report) - Equities research analysts at Roth Capital raised their FY2025 earnings per share (EPS) estimates for Snap-On in a report issued on Friday, October 17th. Roth Capital analyst S. Stember now forecasts that the company will post earnings per share of $19.09 for the year, up from their previous forecast of $18.78. Roth Capital currently has a "Buy" rating and a $385.00 target price on the stock. The consensus estimate for Snap-On's current full-year earnings is $19.79 per share. Roth Capital also issued estimates for Snap-On's Q4 2025 earnings at $4.84 EPS, Q4 2026 earnings at $5.43 EPS, FY2026 earnings at $20.26 EPS and FY2027 earnings at $21.54 EPS.

Snap-On (NYSE:SNA - Get Free Report) last issued its quarterly earnings results on Thursday, October 16th. The company reported $4.71 earnings per share for the quarter, beating the consensus estimate of $4.59 by $0.12. Snap-On had a return on equity of 17.71% and a net margin of 21.08%.The firm had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.16 billion. During the same period last year, the company earned $4.70 earnings per share. The company's revenue was up 3.8% on a year-over-year basis.

Other equities analysts also recently issued reports about the company. Weiss Ratings restated a "buy (b)" rating on shares of Snap-On in a report on Wednesday, October 8th. Bank of America lifted their price objective on Snap-On from $265.00 to $285.00 and gave the stock an "underperform" rating in a report on Friday, July 18th. Barrington Research reiterated an "outperform" rating and issued a $350.00 price objective on shares of Snap-On in a report on Wednesday, October 15th. Wall Street Zen upgraded Snap-On from a "hold" rating to a "buy" rating in a report on Saturday. Finally, Robert W. Baird lifted their price objective on Snap-On from $355.00 to $365.00 and gave the stock a "neutral" rating in a report on Friday. Six equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $363.57.

Snap-On Price Performance

Shares of NYSE:SNA opened at $339.61 on Monday. Snap-On has a 1-year low of $289.81 and a 1-year high of $373.89. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.40 and a quick ratio of 3.37. The business has a fifty day moving average price of $332.77 and a 200-day moving average price of $323.68. The company has a market capitalization of $17.66 billion, a PE ratio of 17.81, a PEG ratio of 2.36 and a beta of 0.78.

Snap-On Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Investors of record on Tuesday, August 19th were issued a $2.14 dividend. This represents a $8.56 annualized dividend and a yield of 2.5%. The ex-dividend date was Tuesday, August 19th. Snap-On's dividend payout ratio (DPR) is presently 44.89%.

Insider Transactions at Snap-On

In other Snap-On news, CEO Nicholas T. Pinchuk sold 23,042 shares of the business's stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $320.88, for a total transaction of $7,393,716.96. Following the completion of the sale, the chief executive officer directly owned 815,219 shares in the company, valued at $261,587,472.72. The trade was a 2.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Aldo John Pagliari sold 125 shares of the business's stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $325.21, for a total value of $40,651.25. Following the sale, the chief financial officer owned 111,721 shares of the company's stock, valued at approximately $36,332,786.41. This represents a 0.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 27,898 shares of company stock valued at $8,983,203. Corporate insiders own 3.90% of the company's stock.

Institutional Investors Weigh In On Snap-On

A number of large investors have recently made changes to their positions in SNA. Alpine Bank Wealth Management bought a new stake in shares of Snap-On during the 1st quarter valued at about $25,000. Tobam bought a new stake in shares of Snap-On during the 2nd quarter valued at about $29,000. Ameritas Advisory Services LLC bought a new stake in shares of Snap-On during the 2nd quarter valued at about $30,000. Vermillion & White Wealth Management Group LLC lifted its position in shares of Snap-On by 97.9% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 95 shares of the company's stock valued at $30,000 after buying an additional 47 shares in the last quarter. Finally, Golden State Wealth Management LLC lifted its position in shares of Snap-On by 421.1% during the 1st quarter. Golden State Wealth Management LLC now owns 99 shares of the company's stock valued at $33,000 after buying an additional 80 shares in the last quarter. 84.88% of the stock is currently owned by institutional investors.

About Snap-On

Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide. It operates through Commercial & Industrial Group, Snap-on Tools Group, Repair Systems & Information Group, and Financial Services segments.

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