NYSE:SNA

Snap-on (SNA) Stock Price, News & Analysis

$268.56
-0.24 (-0.09%)
(As of 04/22/2024 ET)
Today's Range
$267.13
$271.05
50-Day Range
$261.76
$296.94
52-Week Range
$247.68
$298.49
Volume
374,150 shs
Average Volume
315,972 shs
Market Capitalization
$14.16 billion
P/E Ratio
14.09
Dividend Yield
2.77%
Price Target
$316.75

Snap-on MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
17.9% Upside
$316.75 Price Target
Short Interest
Bearish
4.54% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.79
Upright™ Environmental Score
News Sentiment
0.31mentions of Snap-on in the last 14 days
Based on 52 Articles This Week
Insider Trading
Selling Shares
$13.40 M Sold Last Quarter
Proj. Earnings Growth
4.78%
From $19.24 to $20.16 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.36 out of 5 stars

Consumer Discretionary Sector

47th out of 266 stocks

Cutlery, Handtools, & General Hardware Industry

2nd out of 6 stocks

SNA stock logo

About Snap-on Stock (NYSE:SNA)

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. The company provides hand tools, including wrenches, sockets, ratchet wrenches, pliers, screwdrivers, punches and chisels, saws and cutting tools, pruning tools, torque measuring instruments, and other related products; power tools, such as cordless, pneumatic, and hydraulic and corded tools; and tool storage products comprising tool chests, roll cabinets, and other products. It provides handheld and computer-based diagnostic products, service and repair information products, diagnostic software solutions, electronic parts catalogs, business management systems and services, point-of-sale systems, integrated systems for vehicle service shops, original equipment manufacturer purchasing facilitation services, and warranty management systems and analytics; and engineered solutions. In addition, the company offers solutions for the service of vehicles and industrial equipment that include wheel alignment equipment, wheel balancers, tire changers, vehicle lifts, test lane equipment, collision repair equipment, vehicle air conditioning service equipment, brake service equipment, fluid exchange equipment, transmission troubleshooting equipment, safety testing equipment, battery chargers, and hoists, as well as after-sales support services and training programs. Further, it provides financing programs to facilitate the sales of its products and support its franchise business. It serves the aviation and aerospace, agriculture, infrastructure construction, government and military, mining, natural resources, power generation, and technical education industries. Snap-on Incorporated was incorporated in 1920 and is headquartered in Kenosha, Wisconsin.

SNA Stock Price History

SNA Stock News Headlines

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Q1 2024 Snap-On Inc Earnings Call
Snap-on, Inc. (SNA) Quarterly Financial Report Snapshot
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Snap-On: Q1 Earnings Snapshot
Snap-On Inc. Q1 Income Climbs, Beats estimates
Snap-On Inc. Q1 Income Climbs, Beats estimates
See More Headlines
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Company Calendar

Ex-Dividend for 3/11 Dividend
2/23/2024
Dividend Payable
3/11/2024
Last Earnings
4/18/2024
Today
4/22/2024
Next Earnings (Estimated)
7/18/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Cutlery, handtools, & general hardware
Sub-Industry
Industrial Machinery
CUSIP
83303410
Employees
2,700
Year Founded
1920

Price Target and Rating

Average Stock Price Target
$316.75
High Stock Price Target
$336.00
Low Stock Price Target
$282.00
Potential Upside/Downside
+17.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$1.01 billion
Pretax Margin
28.42%

Debt

Sales & Book Value

Annual Sales
$4.73 billion
Cash Flow
$21.01 per share
Book Value
$96.50 per share

Miscellaneous

Free Float
50,558,000
Market Cap
$14.16 billion
Optionable
Optionable
Beta
0.99

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SNA Stock Analysis - Frequently Asked Questions

Should I buy or sell Snap-on stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Snap-on in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SNA shares.
View SNA analyst ratings
or view top-rated stocks.

What is Snap-on's stock price target for 2024?

6 brokerages have issued 12 month price objectives for Snap-on's shares. Their SNA share price targets range from $282.00 to $336.00. On average, they predict the company's share price to reach $316.75 in the next year. This suggests a possible upside of 17.9% from the stock's current price.
View analysts price targets for SNA
or view top-rated stocks among Wall Street analysts.

How have SNA shares performed in 2024?

Snap-on's stock was trading at $288.84 at the start of the year. Since then, SNA shares have decreased by 7.0% and is now trading at $268.56.
View the best growth stocks for 2024 here
.

When is Snap-on's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 18th 2024.
View our SNA earnings forecast
.

How were Snap-on's earnings last quarter?

Snap-on Incorporated (NYSE:SNA) released its quarterly earnings results on Thursday, April, 18th. The company reported $4.75 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.66 by $0.09. The firm earned $1.18 billion during the quarter, compared to the consensus estimate of $1.20 billion. Snap-on had a trailing twelve-month return on equity of 20.46% and a net margin of 21.69%. The business's revenue for the quarter was down .1% on a year-over-year basis. During the same quarter in the previous year, the business earned $4.60 earnings per share.
Read the conference call transcript
.

How often does Snap-on pay dividends? What is the dividend yield for Snap-on?

Snap-on declared a quarterly dividend on Thursday, February 15th. Shareholders of record on Monday, February 26th will be paid a dividend of $1.86 per share on Monday, March 11th. This represents a $7.44 annualized dividend and a yield of 2.77%. The ex-dividend date is Friday, February 23rd.
Read our dividend analysis for SNA
.

Is Snap-on a good dividend stock?

Snap-on (NYSE:SNA) pays an annual dividend of $7.44 per share and currently has a dividend yield of 2.77%. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 39.03%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SNA will have a dividend payout ratio of 36.90% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SNA.

What is Nick Pinchuk's approval rating as Snap-on's CEO?

149 employees have rated Snap-on Chief Executive Officer Nick Pinchuk on Glassdoor.com. Nick Pinchuk has an approval rating of 80% among the company's employees.

What other stocks do shareholders of Snap-on own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Snap-on investors own include Johnson & Johnson (JNJ), Walt Disney (DIS), Home Depot (HD), Pfizer (PFE), NVIDIA (NVDA), Cisco Systems (CSCO), AT&T (T), Intel (INTC), AbbVie (ABBV) and Verizon Communications (VZ).

Who are Snap-on's major shareholders?

Snap-on's stock is owned by many different institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (1.11%), Raymond James & Associates (0.70%), Sumitomo Mitsui Trust Holdings Inc. (0.28%), Leeward Investments LLC MA (0.10%), West Coast Financial LLC (0.07%) and Wealth Enhancement Advisory Services LLC (0.07%). Insiders that own company stock include Aldo John Pagliari, Anup R Banerjee, Iain Boyd, Jesus Arregui, June C Lemerand, Karen L Daniel, Nicholas T Pinchuk, Nicholas T Pinchuk, Richard K Strege, Richard Thomas Miller, Thomas J Ward, Timothy L Chambers and William Dudley Lehman.
View institutional ownership trends
.

How do I buy shares of Snap-on?

Shares of SNA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Snap-on have any subsidiaries?
The following companies are subsidiares of Snap-on: AutoCrib EMEA GmBH, AutoCrib EMEA GmbH, BTC Global Limited, BTC Solutions Limited, Bahco Bisov Svenska AB, Blackhawk S.A.S., Blueprint Enterprise Inc., Bonita IP LLC, Car-O-Liner, Car-O-Liner (Beijing) Co. Ltd., Car-O-Liner (Thailand) Co. Ltd., Car-O-Liner (UK) Limited, Car-O-Liner APAC Distribution Center Co. Ltd., Car-O-Liner B.V., Car-O-Liner Commercial AB, Car-O-Liner Deutschland GmbH, Car-O-Liner Group AB, Car-O-Liner Holding (Thailand) Co. Ltd., Car-O-Liner Holding AB, Car-O-Liner India Private Limited, Car-O-Liner KB, Car-O-Liner MEA (FZE), Car-O-Liner Norge AS, Challenger Lifts, Challenger Lifts Inc., Cognitran Inc., Cognitran Limited, Cognitran Sp z o.o., Creditcorp SPC LLC, Dealer-FX, Dealer-FX Group, Dealer-FX Incorporated, Ecotechnics, George A. Sturdevant Inc., IDSC Holdings LLC (Snap-on Industrial), JCSC SNA Europe Industries Bisov, Josam Richttecknik GmbH, Kapman AB, Mitchell Repair Information Company LLC, New Creditcorp SPC LLC, Norbar Torque Tools, Norbar Torque Tools (Australia) Pty Ltd, Norbar Torque Tools (China) Limited, Norbar Torque Tools (NZ) Limited, Norbar Torque Tools (Shanghai) Ltd, Norbar Torque Tools Holdings Limited, Norbar Torque Tools Inc., Norbar Torque Tools India Private Limited, Norbar Torque Tools Limited, Norbar Torque Tools Private Limited, P-Alignment 2012 AB, Power Hawk Technologies Inc., Pro-Cut International, Pro-Cut International LLC, ProQuest Business Solutions, Property Holdings LLC, Ryeson Corporation (d/b/a Sturtevant Richmont), SN SecureCorp Insurance Malta Limited, SN SecureCorp Sales Limited, SNA E Endustriyel Mamuller Ticaret Limited Sirketi, SNA Europe, SNA Europe (Benelux) B.V., SNA Europe (Denmark) A/S, SNA Europe (Finland) Oy, SNA Europe (France), SNA Europe (Industries) AB, SNA Europe (Norway) AS, SNA Europe - Poland Sp. z o.o., SNA Europe Holdings AB, SNA Europe Iberia Holdings S.L., SNA Europe Industries Iberia S.A., SNA Europe [Czech Republic] s.r.o., SNA Europe [Industries] Lda., SNA Europe [Italia] SpA, SNA Europe [RUS] LLC, SNA Europe [Slovakia] s.r.o., SNA Germany GmbH, SNA Investment Holding UK Limited Partnership, SNA Solutions UK Limited, SNA Tools Belgium BVBA, SNA-E (Argentina) S.R.L., SNA-E Chile Ltda., SNAEurope Technologies S.r.l, Secateurs Pradines S.A.S., Snap-on (Thailand) Company Limited, Snap-on Africa (Proprietary) Limited, Snap-on Asia Manufacturing, Snap-on Asia Manufacturing (Kunshan) Co. Ltd., Snap-on Asia Manufacturing (Zhejiang) Co. Ltd., Snap-on Asia Pacific Holding Pte. Ltd., Snap-on Business Solutions (Syncata) Inc., Snap-on Business Solutions GmbH, Snap-on Business Solutions Inc., Snap-on Business Solutions India Private Limited, Snap-on Business Solutions Japan Company, Snap-on Business Solutions Limited, Snap-on Business Solutions SARL, Snap-on Business Solutions SL, Snap-on Business Solutions SRL, Snap-on Capital Corp., Snap-on Climate Solutions S.r.l., Snap-on Credit Canada Ltd., Snap-on Credit LLC, Snap-on Equipment Austria GmbH, Snap-on Equipment Europe Limited, Snap-on Equipment France, Snap-on Equipment GmbH, Snap-on Equipment Holdings B.V., Snap-on Equipment Hungary Kft., Snap-on Equipment Inc., Snap-on Equipment Ltd., Snap-on Equipment S.r.l., Snap-on Finance B.V., Snap-on Finance UK Limited, Snap-on Global Holdings Inc., Snap-on Holdings AB, Snap-on Illinois Holdings LLC, Snap-on Illinois Services LLC, Snap-on International Middle East FZE, Snap-on Investment Limited, Snap-on Lendco LLC, Snap-on Lendco Singapore Pte. Ltd., Snap-on Logistics Company, Snap-on Malta Limited, Snap-on Power Tools Inc., Snap-on SecureCorp Inc., Snap-on SecureCorp Insurance Company Ltd., Snap-on Service GmbH, Snap-on Tools (Australia) Pty. Ltd., Snap-on Tools (New Zealand) Limited, Snap-on Tools B.V., Snap-on Tools China Trading (Shanghai) Co. Ltd., Snap-on Tools Company LLC, Snap-on Tools Hong Kong Limited, Snap-on Tools International LLC, Snap-on Tools Italia S.r.l., Snap-on Tools Japan K.K., Snap-on Tools Korea Ltd., Snap-on Tools Private Limited, Snap-on Tools Singapore Pte Ltd, Snap-on Tools of Canada Co., Snap-on Trading (Shanghai) Co. Ltd., Snap-on U.K. Holdings Limited, Snap-on do Brasil Comercio e Industria Ltda., Snap-on/Sun de Mexico S.A. de C.V., Sturtevant Richmont, and TMB GeoMarketing Limited.
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This page (NYSE:SNA) was last updated on 4/23/2024 by MarketBeat.com Staff

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