Snap-On (SNA) Expected to Announce Earnings on Thursday

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

Snap-On (NYSE:SNA - Get Free Report) last released its earnings results on Thursday, April 17th. The company reported $4.51 EPS for the quarter, missing the consensus estimate of $4.81 by ($0.30). Snap-On had a return on equity of 18.60% and a net margin of 21.42%. The business had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.20 billion. During the same period in the prior year, the business earned $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 Stock Up 0.8%

Shares of SNA stock traded up $2.57 during trading hours on Thursday, reaching $320.69. The company had a trading volume of 268,402 shares, compared to its average volume of 367,843. Snap-On has a 12 month low of $256.54 and a 12 month high of $373.90. 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 business has a fifty day simple moving average of $317.75 and a 200-day simple moving average of $328.83. The company has a market cap of $16.77 billion, a price-to-earnings ratio of 16.79, a price-to-earnings-growth ratio of 2.26 and a beta of 0.76.

Snap-On Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Tuesday, May 20th were given a $2.14 dividend. This represents a $8.56 annualized dividend and a dividend yield of 2.67%. The ex-dividend date of this dividend was Tuesday, May 20th. Snap-On's dividend payout ratio (DPR) is presently 44.82%.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling

In other news, Director Karen L. Daniel sold 1,090 shares of Snap-On stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $319.92, for a total transaction of $348,712.80. Following the sale, the director owned 8,030 shares in the company, valued at approximately $2,568,957.60. The trade was a 11.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Nicholas T. Pinchuk sold 23,172 shares of Snap-On stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $315.85, for a total value of $7,318,876.20. Following the completion of the sale, the chief executive officer directly owned 804,510 shares in the company, valued at $254,104,483.50. This represents a 2.80% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 29,815 shares of company stock worth $9,482,532. Insiders own 3.90% of the company's stock.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Snap-On stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Snap-On Incorporated (NYSE:SNA - Free Report) by 15.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,850 shares of the company's stock after buying an additional 1,185 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.'s holdings in Snap-On were worth $2,983,000 at the end of the most recent quarter. Institutional investors and hedge funds own 84.88% of the company's stock.

Snap-On Company Profile

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.