Zacks Research Has Weak Outlook for Snap-on FY2025 Earnings

Snap-on Incorporated (NYSE:SNA - Free Report) - Equities research analysts at Zacks Research dropped their FY2025 EPS estimates for shares of Snap-on in a report issued on Wednesday, May 7th. Zacks Research analyst R. Department now forecasts that the company will post earnings of $18.55 per share for the year, down from their prior forecast of $19.75. The consensus estimate for Snap-on's current full-year earnings is $19.79 per share. Zacks Research also issued estimates for Snap-on's Q4 2025 earnings at $4.83 EPS, Q2 2026 earnings at $5.02 EPS, Q4 2026 earnings at $5.14 EPS and FY2026 earnings at $20.01 EPS.

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 analysts' consensus estimates of $4.81 by ($0.30). Snap-on had a net margin of 21.71% and a return on equity of 19.20%. The business had revenue of $1.14 billion during the quarter, compared to analysts' expectations of $1.20 billion. During the same period last year, the company posted $4.91 EPS.

A number of other equities research analysts have also commented on SNA. Robert W. Baird lowered their price target 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. StockNews.com raised shares of Snap-on from a "hold" rating to a "buy" rating in a research report on Wednesday, May 7th. Longbow Research raised shares of Snap-on from a "neutral" rating to a "buy" rating and set a $400.00 price objective on the stock in a research report on Monday, March 31st. Barrington Research reissued an "outperform" rating and set a $350.00 price objective on shares of Snap-on in a research report on Thursday, April 17th. Finally, Tigress Financial lifted their price target on shares of Snap-on from $385.00 to $390.00 and gave the stock a "buy" rating in a research note on Tuesday, March 4th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $350.83.

Snap-on Trading Up 0.9%

Shares of Snap-on stock traded up $2.98 during trading on Monday, reaching $328.06. The company's stock had a trading volume of 101,384 shares, compared to its average volume of 360,365. The firm's 50-day moving average is $322.77 and its two-hundred day moving average is $338.78. Snap-on has a 52-week low of $252.98 and a 52-week high of $373.90. The company has a quick ratio of 3.17, a current ratio of 4.15 and a debt-to-equity ratio of 0.22. The company has a market cap of $17.15 billion, a price-to-earnings ratio of 16.82, a PEG ratio of 2.21 and a beta of 0.78.

Snap-on Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Tuesday, May 20th will be paid a dividend of $2.14 per share. This represents a $8.56 dividend on an annualized basis and a yield of 2.61%. The ex-dividend date is Tuesday, May 20th. Snap-on's payout ratio is 44.82%.

Insiders Place Their Bets

In other Snap-on news, CEO Nicholas T. Pinchuk sold 22,700 shares of the firm's stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $335.32, for a total transaction of $7,611,764.00. Following the sale, the chief executive officer now owns 793,932 shares in the company, valued at approximately $266,221,278.24. This trade represents a 2.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Aldo John Pagliari sold 6,860 shares of Snap-on stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $339.05, for a total transaction of $2,325,883.00. Following the sale, the chief financial officer now owns 107,096 shares in the company, valued at approximately $36,310,898.80. The trade was a 6.02% decrease in their position. The disclosure for this sale can be found here. 3.90% of the stock is owned by company insiders.

Institutional Investors Weigh In On Snap-on

Institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. grew its holdings in shares of Snap-on by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 6,404,599 shares of the company's stock valued at $2,174,233,000 after purchasing an additional 19,328 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Snap-on by 6.4% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,921,584 shares of the company's stock worth $647,593,000 after buying an additional 115,306 shares during the period. First Trust Advisors LP boosted its stake in shares of Snap-on by 29.2% during the fourth quarter. First Trust Advisors LP now owns 1,819,403 shares of the company's stock valued at $617,651,000 after purchasing an additional 411,317 shares during the period. Geode Capital Management LLC boosted its stake in shares of Snap-on by 1.7% during the fourth quarter. Geode Capital Management LLC now owns 1,641,159 shares of the company's stock valued at $556,022,000 after purchasing an additional 27,700 shares during the period. Finally, Auto Owners Insurance Co boosted its stake in shares of Snap-on by 35,967.2% during the first quarter. Auto Owners Insurance Co now owns 1,073,000 shares of the company's stock valued at $361,612,000 after purchasing an additional 1,070,025 shares during the period. Institutional investors 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.