Snap-On (SNA) to Release Quarterly Earnings on Thursday

Snap-On (NYSE:SNA - Get Free Report) is anticipated to issue its Q2 2025 quarterly earnings data before the market opens on Thursday, July 17th. Analysts expect the company to announce earnings of $4.61 per share and revenue of $1.16 billion for the quarter.

Snap-On (NYSE:SNA - Get Free Report) last announced its quarterly earnings data on Thursday, April 17th. The company reported $4.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.81 by ($0.30). Snap-On had a net margin of 21.42% and a return on equity of 18.60%. The business had revenue of $1.14 billion for the quarter, compared to analysts' expectations of $1.20 billion. During the same period in the prior year, the company posted $4.91 EPS. On average, analysts expect Snap-On to post $20 EPS for the current fiscal year and $21 EPS for the next fiscal year.

Snap-On Price Performance

NYSE SNA traded down $3.05 during trading hours on Friday, hitting $317.65. 260,950 shares of the company's stock traded hands, compared to its average volume of 367,757. Snap-On has a 52-week low of $266.55 and a 52-week high of $373.90. The company has a market capitalization of $16.61 billion, a PE ratio of 16.63, a PEG ratio of 2.27 and a beta of 0.76. The company has a debt-to-equity ratio of 0.21, a current ratio of 4.14 and a quick ratio of 3.18. The firm's 50-day moving average is $317.94 and its 200-day moving average is $328.35.

Snap-On Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Investors of record on Tuesday, May 20th were paid a dividend of $2.14 per share. The ex-dividend date was Tuesday, May 20th. This represents a $8.56 annualized dividend and a yield of 2.69%. Snap-On's dividend payout ratio is presently 44.82%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on SNA shares. Wall Street Zen raised shares of Snap-On from a "hold" rating to a "buy" rating in a research note on Friday, May 16th. Longbow Research raised shares of Snap-On from a "neutral" rating to a "buy" rating and set a $400.00 price target for the company in a research note on Monday, March 31st. Barrington Research reissued an "outperform" rating and issued a $350.00 price target on shares of Snap-On in a research note on Monday, May 19th. Finally, Robert W. Baird dropped their price target on shares of Snap-On from $349.00 to $320.00 and set a "neutral" rating for the company in a research note on Monday, April 21st. One analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $350.83.

Insider Activity

In related news, CFO Aldo John Pagliari sold 5,553 shares of the stock in a transaction that occurred on Thursday, May 15th. The shares were sold at an average price of $326.84, for a total transaction of $1,814,942.52. Following the completion of the transaction, the chief financial officer owned 109,560 shares of the company's stock, valued at approximately $35,808,590.40. This trade represents a 4.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Karen L. Daniel sold 1,090 shares of the stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $319.92, for a total transaction of $348,712.80. Following the transaction, the director directly owned 8,030 shares of the company's stock, valued at $2,568,957.60. The trade was a 11.95% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 29,815 shares of company stock valued at $9,482,532 in the last 90 days. Company insiders own 3.90% of the company's stock.

Hedge Funds Weigh In On Snap-On

A hedge fund recently raised its stake in Snap-On stock. Woodline Partners LP boosted its holdings in shares of Snap-On Incorporated (NYSE:SNA - Free Report) by 40.4% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,426 shares of the company's stock after buying an additional 1,273 shares during the quarter. Woodline Partners LP's holdings in Snap-On were worth $1,492,000 as of its most recent SEC filing. 84.88% of the stock is currently owned by hedge funds and other 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.