Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide. It operates through Commercial and Industrial Group, Snap-on Tools Group, and Repair Systems & Information Group segments. The company offers hand tools, including wrenches, sockets, ratchet wrenches, pliers, screwdrivers, punches and chisels, saws and cutting tools, pruning tools, torque measuring instruments, and other products; power tools, such as cordless, pneumatic, hydraulic, and corded tools; and tool storage products comprising tool chests, roll cabinets, and other products.
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Industry, Sector and Symbol
Industry Cutlery, handtools, & general hardware
Sub-IndustryIndustrial Machinery
SectorConsumer Discretionary
Phone262-656-5200
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$3.74 billion
Profitability
Miscellaneous
Employees12,600
Next Earnings Date10/17/2019 (Estimated)
OptionableOptionable
Snap-on (NYSE:SNA) Frequently Asked Questions
What is Snap-on's stock symbol?
Snap-on trades on the New York Stock Exchange (NYSE) under the ticker symbol "SNA."
How often does Snap-on pay dividends? What is the dividend yield for Snap-on?
Snap-on declared a quarterly dividend on Thursday, August 8th. Shareholders of record on Tuesday, August 20th will be given a dividend of $0.95 per share on Tuesday, September 10th. This represents a $3.80 annualized dividend and a yield of 2.44%. The ex-dividend date of this dividend is Monday, August 19th. View Snap-on's Dividend History.
How were Snap-on's earnings last quarter?
Snap-on Incorporated (NYSE:SNA) issued its quarterly earnings results on Thursday, July, 18th. The company reported $3.22 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $3.21 by $0.01. The business earned $951.30 million during the quarter, compared to the consensus estimate of $959.33 million. Snap-on had a net margin of 18.70% and a return on equity of 21.40%. The company's revenue was down .3% on a year-over-year basis. During the same period in the prior year, the company earned $3.11 earnings per share. View Snap-on's Earnings History.
When is Snap-on's next earnings date?
What price target have analysts set for SNA?
7 analysts have issued 12 month price targets for Snap-on's shares. Their predictions range from $164.00 to $185.00. On average, they expect Snap-on's stock price to reach $174.25 in the next year. This suggests a possible upside of 11.9% from the stock's current price. View Analyst Price Targets for Snap-on.
What is the consensus analysts' recommendation for Snap-on?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Snap-on in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Snap-on.
What are Wall Street analysts saying about Snap-on stock?
Here are some recent quotes from research analysts about Snap-on stock:
- 1. According to Zacks Investment Research, "Although shares of Snap-on underperformed the industry year to date, its robust earnings surprise trend remain encouraging. In first-quarter 2019, the company reported bottom-line beat, after delivering in-line earnings in the previous quarter. It is benefiting from robust business model and focus on value-creation processes. The company’s RCI program, designed to enhance organizational effectiveness and minimize costs, has been driving margins and profits. The company’s Tools Group segment reported sales growth backed by higher organic sales and robust U.S. franchise business. However, the segment continued witnessing decline in international operations sales, which partly affected its growth. This apart, the company’s soft sales trend continued for the fourth straight time in the first quarter, mainly due to currency headwinds." (7/16/2019)
- 2. Barrington Research analysts commented, "We have an OUTPERFORM investment rating on the shares with a $180‐190 price target range." (5/29/2019)
Has Snap-on been receiving favorable news coverage?
Headlines about SNA stock have trended somewhat negative this week, InfoTrie Sentiment reports. The research firm scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Snap-on earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Snap-on.
Are investors shorting Snap-on?
Snap-on saw a drop in short interest in August. As of August 15th, there was short interest totalling 8,473,500 shares, a drop of 5.3% from the July 15th total of 8,943,800 shares. Based on an average daily volume of 450,600 shares, the short-interest ratio is currently 18.8 days. Currently, 15.4% of the company's shares are sold short. View Snap-on's Current Options Chain.
Who are some of Snap-on's key competitors?
What other stocks do shareholders of Snap-on own?
Who are Snap-on's key executives?
Snap-on's management team includes the folowing people:
- Mr. Nicholas T. Pinchuk, Chairman, CEO & Pres (Age 72)
- Mr. Aldo J. Pagliari, Sr. VP of Fin. & CFO (Age 64)
- Mr. Anup R. Banerjee, Sr. VP of HR & Chief Devel. Officer (Age 68)
- Mr. Thomas J. Ward, Sr. VP and Pres of Repair Systems & Information Group (Age 66)
- Mr. Richard K. Strege, Principal Accounting Officer, VP & Controller (Age 61)
Who are Snap-on's major shareholders?
Snap-on's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.06%), BlackRock Inc. (9.35%), BlackRock Inc. (9.35%), Bank of America Corp DE (6.32%), JPMorgan Chase & Co. (3.81%) and Northern Trust Corp (2.05%). Company insiders that own Snap-on stock include Aldo John Pagliari, Anup R Banerjee, Iain Boyd, Irwin M Shur, Nathan J Jones, Nicholas T Pinchuk, Thomas J Ward, Thomas L Kassouf and William Dudley Lehman. View Institutional Ownership Trends for Snap-on.
Which institutional investors are selling Snap-on stock?
SNA stock was sold by a variety of institutional investors in the last quarter, including Earnest Partners LLC, BlackRock Inc., BlackRock Inc., Kayne Anderson Rudnick Investment Management LLC, APG Asset Management N.V., Silvercrest Asset Management Group LLC, Nicholas Company Inc. and DekaBank Deutsche Girozentrale. Company insiders that have sold Snap-on company stock in the last year include Anup R Banerjee, Iain Boyd, Nicholas T Pinchuk, Thomas J Ward, Thomas L Kassouf and William Dudley Lehman. View Insider Buying and Selling for Snap-on.
Which institutional investors are buying Snap-on stock?
SNA stock was bought by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Nuveen Asset Management LLC, Price T Rowe Associates Inc. MD, Investec Asset Management LTD, LSV Asset Management, Vanguard Group Inc., Cincinnati Financial Corp and WINTON GROUP Ltd. View Insider Buying and Selling for Snap-on.
How do I buy shares of Snap-on?
Shares of SNA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Snap-on's stock price today?
One share of SNA stock can currently be purchased for approximately $155.71.
How big of a company is Snap-on?
Snap-on has a market capitalization of $8.60 billion and generates $3.74 billion in revenue each year. The company earns $679.90 million in net income (profit) each year or $11.81 on an earnings per share basis. Snap-on employs 12,600 workers across the globe.View Additional Information About Snap-on.
What is Snap-on's official website?
How can I contact Snap-on?
Snap-on's mailing address is 2801 80th Street, KENOSHA WI, 53143. The company can be reached via phone at 262-656-5200 or via email at [email protected]
MarketBeat Community Rating for Snap-on (NYSE SNA)
MarketBeat's community ratings are surveys of what our community members think about Snap-on and other stocks. Vote "Outperform" if you believe SNA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SNA will underperform the S&P 500 over the long term. You may vote once every thirty days.
