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

Snap-On (NYSE:SNA - Get Free Report) is expected to be announcing its Q2 2025 earnings results 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 released its quarterly earnings results on Thursday, April 17th. The company reported $4.51 earnings per share for the quarter, missing analysts' consensus estimates of $4.81 by ($0.30). Snap-On had a net margin of 21.42% and a return on equity of 18.60%. The firm had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same period in the previous year, the business earned $4.91 earnings per share. 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 Down 1.2%

Shares of SNA traded down $3.93 during trading hours on Friday, reaching $316.77. 76,941 shares of the stock traded hands, compared to its average volume of 366,971. The company has a current ratio of 4.14, a quick ratio of 3.18 and a debt-to-equity ratio of 0.21. The stock has a fifty day simple moving average of $317.93 and a 200 day simple moving average of $328.66. Snap-On has a 52 week low of $264.00 and a 52 week high of $373.90. The company has a market cap of $16.56 billion, a price-to-earnings ratio of 16.59, a PEG ratio of 2.27 and a beta of 0.76.

Snap-On Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 10th. Investors of record on Tuesday, May 20th were given a dividend of $2.14 per share. This represents a $8.56 dividend on an annualized basis and a dividend yield of 2.70%. The ex-dividend date was Tuesday, May 20th. Snap-On's payout ratio is currently 44.82%.

Wall Street Analyst Weigh In

SNA has been the topic of a number of recent analyst reports. Wall Street Zen raised shares of Snap-On from a "hold" rating to a "buy" rating in a research report on Friday, May 16th. Barrington Research restated an "outperform" rating and set a $350.00 price objective on shares of Snap-On in a report on Monday, May 19th. Longbow Research upgraded shares of Snap-On from a "neutral" rating to a "buy" rating and set a $400.00 price objective for the company in a report on Monday, March 31st. Finally, Robert W. Baird decreased their price objective on shares of Snap-On from $349.00 to $320.00 and set a "neutral" rating for the company in a report on Monday, April 21st. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company's stock. According to MarketBeat, Snap-On presently has a consensus rating of "Moderate Buy" and a consensus price target of $350.83.

Insider Transactions at Snap-On

In other news, CFO Aldo John Pagliari sold 5,553 shares of Snap-On stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $326.84, for a total value of $1,814,942.52. Following the completion of the transaction, the chief financial officer owned 109,560 shares in the company, valued at $35,808,590.40. This trade represents a 4.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 completion of the transaction, the director 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 29,815 shares of company stock worth $9,482,532 over the last quarter. Corporate 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. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Snap-On Incorporated (NYSE:SNA - Free Report) by 15.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,850 shares of the company's stock after acquiring an additional 1,185 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.'s holdings in Snap-On were worth $2,983,000 as of its most recent SEC filing. Institutional investors own 84.88% of the company's stock.

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.