NYSE:SNASnap-on Stock Price, Forecast & News

$137.10

+8.22 (+6.38 %)

(As of 05/26/2020 04:00 PM ET)

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Today's Range

$133.01

Now: $137.10▼

$138.26

50-Day Range

$95.52

MA: $120.68▼

$135.52

52-Week Range

$90.72

Now: $137.10▼

$172.61

Volume52,932 shs

Average Volume638,734 shs

Market Capitalization$7.45 billion

P/E Ratio11.67

Dividend Yield3.35%

Beta1.37

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. It also provides handheld and PC-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. 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 systems, collision repair equipment, vehicle air conditioning service equipment, brake service equipment, fluid exchange equipment, transmission troubleshooting equipment, safety testing equipment, battery chargers, and hoists. Further, it provides financing programs to facilitate the sales of its products and support its franchise business. The company serves the aviation and aerospace, agriculture, construction, government and military, mining, natural resources, power generation, and technical education industries, as well as vehicle dealerships and repair centers. Snap-on Incorporated was founded in 1920 and is headquartered in Kenosha, Wisconsin.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
Snap-on has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $174.67, Snap-on has a potential upside of 27.4% from its current price of $137.10.
Amount of Analyst Coverage
Snap-on has only been the subject of 3 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
Snap-on has received 328 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Snap-on has received 400 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Snap-on has received 54.95% “underperform” votes from our community.

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.

5.0 Dividend Strength

Dividend Leadership
Snap-on is a leading dividend payer. It pays a dividend yield of 3.35%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Snap-on has been increasing its dividend for 10 years.
Dividend Coverage
The dividend payout ratio of Snap-on is 35.24 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Snap-on will have a dividend payout ratio of 40.79 % next year. This indicates that Snap-on will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Snap-on insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.20% of the stock of Snap-on is held by insiders.
Percentage Held by Institutions
92.78% of the stock of Snap-on is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Snap-on are expected to grow by 16.63% in the coming year, from $9.08 to $10.59 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Snap-on is 11.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.95.
Price to Earnings Ratio vs. Sector
The P/E ratio of Snap-on is 11.67, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.26.
Price to Earnings Growth Ratio
Snap-on has a PEG Ratio of 1.43. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Snap-on has a P/B Ratio of 2.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.69 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Cutlery, handtools, & general hardware

Sub-IndustryIndustrial Machinery

SectorConsumer Discretionary

Current SymbolNYSE:SNA

Previous Symbol

CUSIP83303410

CIK91440

Webwww.snapon.com

Phone262-656-5200

Debt

Debt-to-Equity Ratio0.29

Current Ratio2.50

Quick Ratio1.68

Price-To-Earnings

Trailing P/E Ratio11.67

Forward P/E Ratio15.10

P/E Growth1.43

Sales & Book Value

Annual Sales$3.73 billion

Price / Sales2.00

Cash Flow$15.07 per share

Price / Cash Flow9.10

Book Value$62.55 per share

Price / Book2.19

Profitability

EPS (Most Recent Fiscal Year)$12.26

Net Income$693.50 million

Net Margins17.83%

Return on Equity19.64%

Return on Assets11.76%

Miscellaneous

Employees12,800

Outstanding Shares54,350,000

Market Cap$7.45 billion

Next Earnings Date7/16/2020 (Estimated)

OptionableOptionable

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Snap-on (NYSE:SNA) Frequently Asked Questions

How has Snap-on's stock been impacted by COVID-19 (Coronavirus)?

Snap-on's stock was trading at $129.46 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SNA shares have increased by 5.9% and is now trading at $137.10. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Snap-on?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Snap-on in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Snap-on.

When is Snap-on's next earnings date?

Snap-on is scheduled to release its next quarterly earnings announcement on Thursday, July 16th 2020. View our earnings forecast for Snap-on.

How were Snap-on's earnings last quarter?

Snap-on Incorporated (NYSE:SNA) issued its quarterly earnings results on Tuesday, April, 21st. The company reported $2.60 EPS for the quarter, missing analysts' consensus estimates of $2.75 by $0.15. The business earned $852.20 million during the quarter, compared to analyst estimates of $877.72 million. Snap-on had a net margin of 17.83% and a return on equity of 19.64%. The firm's revenue was down 7.5% compared to the same quarter last year. During the same period last year, the business earned $3.01 earnings per share. View Snap-on's earnings history.

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

Snap-on announced a quarterly dividend on Thursday, April 23rd. Shareholders of record on Thursday, May 21st will be given a dividend of $1.08 per share on Wednesday, June 10th. This represents a $4.32 annualized dividend and a dividend yield of 3.15%. The ex-dividend date of this dividend is Wednesday, May 20th. View Snap-on's dividend history.

What price target have analysts set for SNA?

6 Wall Street analysts have issued 12-month price objectives for Snap-on's shares. Their forecasts range from $159.00 to $185.00. On average, they expect Snap-on's share price to reach $174.67 in the next twelve months. This suggests a possible upside of 27.4% from the stock's current price. View analysts' price targets 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?

News headlines about SNA stock have trended negative this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Snap-on earned a news impact score of -2.3 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutSnap-on.

Are investors shorting Snap-on?

Snap-on saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 7,400,000 shares, an increase of 10.6% from the April 30th total of 6,690,000 shares. Based on an average daily volume of 718,600 shares, the days-to-cover ratio is presently 10.3 days. Approximately 13.8% of the shares of the company are sold short. View Snap-on's Current Options Chain.

Who are some of Snap-on's key competitors?

Some companies that are related to Snap-on include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Ingersoll-Rand (IR), IDEX (IEX), Xylem (XYL), Nordson (NDSN), Graco (GGG), Pentair (PNR), Gardner Denver (GDI), Donaldson (DCI), Lincoln Electric (LECO), ITT (ITT) and Woodward, Inc.Common Stock (WWD). View all competitors.

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 Walt Disney (DIS), Home Depot (HD), Johnson & Johnson (JNJ), Starbucks (SBUX), Netflix (NFLX), NVIDIA (NVDA), Mastercard (MA), Costco Wholesale (COST), Cisco Systems (CSCO) and Gilead Sciences (GILD).

Who are Snap-on's key executives?

Snap-on's management team includes the following 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)

What is Snap-on's stock symbol?

Snap-on trades on the New York Stock Exchange (NYSE) under the ticker symbol "SNA."

Who are Snap-on's major shareholders?

Snap-on's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.72%), State Street Corp (4.42%), JPMorgan Chase & Co. (3.43%), Caisse DE Depot ET Placement DU Quebec (2.58%), Geode Capital Management LLC (1.90%) and Confluence Investment Management LLC (1.52%). Company insiders that own Snap-on stock include Aldo John Pagliari, Anup R Banerjee, Iain Boyd, Irwin M Shur, Nicholas T Pinchuk, Thomas J Ward, Thomas L Kassouf, Timothy L Chambers 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 Wellington Management Group LLP, United Capital Financial Advisers LLC, Riverbridge Partners LLC, State Street Corp, Envestnet Asset Management Inc., Janus Henderson Group PLC, AQR Capital Management LLC, and Two Sigma Advisers LP. Company insiders that have sold Snap-on company stock in the last year include Aldo John Pagliari, Anup R Banerjee, Iain Boyd, Nicholas T Pinchuk, Thomas J Ward, Timothy L Chambers, and William Dudley Lehman. View insider buying and selling activity for Snap-on.

Which institutional investors are buying Snap-on stock?

SNA stock was purchased by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, APG Asset Management N.V., Caisse DE Depot ET Placement DU Quebec, Advisor Group Holdings Inc., Schroder Investment Management Group, BlackRock Inc., Unigestion Holding SA, and Invesco Ltd.. View insider buying and selling activity 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 $137.10.

How big of a company is Snap-on?

Snap-on has a market capitalization of $7.45 billion and generates $3.73 billion in revenue each year. The company earns $693.50 million in net income (profit) each year or $12.26 on an earnings per share basis. Snap-on employs 12,800 workers across the globe.

What is Snap-on's official website?

The official website for Snap-on is www.snapon.com.

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]

This page was last updated on 5/26/2020 by MarketBeat.com Staff