Snap-on Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Snap-on in the last year. There are currently 3 sell ratings, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Snap-on stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SNA, but not buy additional shares or sell existing shares.
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Wall Street analysts have given Snap-on a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Snap-on wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Snap-on is scheduled to release its next quarterly earnings announcement on Thursday, October 28th 2021.
View our earnings forecast for Snap-on.

Snap-on Incorporated (NYSE:SNA) issued its earnings results on Thursday, July, 22nd. The company reported $3.76 earnings per share for the quarter, beating analysts' consensus estimates of $3.18 by $0.58. The company had revenue of $1.08 billion for the quarter, compared to analyst estimates of $976.23 million. Snap-on had a net margin of 19.15% and a trailing twelve-month return on equity of 20.51%. The firm's revenue for the quarter was up 49.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.91 earnings per share.
View Snap-on's earnings history.

Snap-on's stock was trading at $129.46 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SNA shares have increased by 63.8% and is now trading at $212.02.
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Snap-on announced a quarterly dividend on Thursday, August 5th. Shareholders of record on Friday, August 20th will be given a dividend of $1.23 per share on Friday, September 10th. This represents a $4.92 dividend on an annualized basis and a yield of 2.32%. The ex-dividend date of this dividend is Thursday, August 19th.
View Snap-on's dividend history.

Snap-on pays an annual dividend of $4.92 per share and currently has a dividend yield of 2.34%. Snap-on has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Snap-on is 42.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Snap-on will have a dividend payout ratio of 32.71% next year. This indicates that Snap-on will be able to sustain or increase its dividend.
View Snap-on's dividend history.

6 Wall Street analysts have issued twelve-month price targets for Snap-on's stock. Their forecasts range from $128.00 to $280.00. On average, they anticipate Snap-on's stock price to reach $205.80 in the next year. This suggests that the stock has a possible downside of 2.9%.
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149 employees have rated Snap-on CEO Nick Pinchuk on Glassdoor.com. Nick Pinchuk has an approval rating of 80% among Snap-on's employees.

Some companies that are related to Snap-on include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Xylem (XYL), Dover (DOV), Ingersoll Rand (IR), IDEX (IEX), Nordson (NDSN), Graco (GGG), Pentair (PNR), The Middleby (MIDD), Lincoln Electric (LECO), Rexnord (RXN), Donaldson (DCI) and Woodward (WWD).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Snap-on investors own include Johnson & Johnson (JNJ), The Walt Disney (DIS), The Home Depot (HD), Pfizer (PFE), NVIDIA (NVDA), Cisco Systems (CSCO), AT&T (T), Intel (INTC), AbbVie (ABBV) and Verizon Communications (VZ).

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

Snap-on's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.63%), BlackRock Inc. (8.06%), State Street Corp (4.56%), Bank of America Corp DE (3.47%), Bank of America Corp DE (3.47%) and JPMorgan Chase & Co. (2.52%). Company insiders that own Snap-on stock include Aldo John Pagliari, Anup R Banerjee, Iain Boyd, Nicholas T Pinchuk, Richard K Strege, Richard Thomas Miller, Thomas J Ward, Timothy L Chambers and William Dudley Lehman.
View institutional ownership trends for Snap-on.

SNA stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Caisse DE Depot ET Placement DU Quebec, FMR LLC, Price T Rowe Associates Inc. MD, American Century Companies Inc., Principal Financial Group Inc., LSV Asset Management, and Wells Fargo & Company MN. 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, Richard K Strege, Richard Thomas Miller, Thomas J Ward, and Timothy L Chambers.
View insider buying and selling activity for Snap-on or view top insider-selling stocks.

SNA stock was bought by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., Morgan Stanley, Morgan Stanley, First Trust Advisors LP, Renaissance Technologies LLC, Bank of New York Mellon Corp, Amundi, and Balyasny Asset Management LLC.
View insider buying and selling activity for Snap-on or or view top insider-buying stocks.

Shares of SNA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SNA stock can currently be purchased for approximately $212.02.

Snap-on has a market capitalization of $11.44 billion and generates $3.59 billion in revenue each year. The company earns $627 million in net income (profit) each year or $11.63 on an earnings per share basis.

Snap-on employs 12,300 workers across the globe.

Snap-on was founded in 1920.

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

Snap-on is headquartered at 2801 80th Street, KENOSHA WI, 53143.

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].