About Snap-On Incorporated (NYSE:SNA)
Snap-on Incorporated is a manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions. The Company's segments include the Commercial & Industrial Group, the Snap-on Tools Group, the Repair Systems & Information Group, and Financial Services. The Commercial & Industrial Group consists of business operations serving a range of industrial and commercial customers, including customers in the aerospace, natural resources, government, power generation, transportation and technical education markets. The Snap-on Tools Group consists of business operations primarily serving vehicle service and repair technicians. The Repair Systems & Information Group consists of business operations serving other professional vehicle repair customers, primarily owners and managers of independent repair shops and original equipment manufacturer (OEM) dealership service and repair shops. Financial Services consists of the business operations of its finance subsidiaries.
Industry, Sector and Symbol:
- Sector: Consumer Discretionary
- Industry: Industrial Machinery & Equipment
- Sub-Industry: Industrial Machinery
- Symbol: NYSE:SNA
- CUSIP: 83303410
- Web: www.snapon.com
- Market Cap: $9.12796 billion
- Outstanding Shares: 57,584,000
- 50 Day Moving Avg: $149.49
- 200 Day Moving Avg: $156.33
- 52 Week Range: $140.83 - $181.73
Sales & Book Value:
- Trailing P/E Ratio: 16.58
- Foreward P/E Ratio: 14.66
- P/E Growth: 1.03
- Annual Revenue: $3.83 billion
- Price / Sales: 2.41
- Book Value: $49.58 per share
- Price / Book: 3.23
- Annual Dividend: $2.84
- Dividend Yield: 1.8%
- EBITDA: $971 million
- Net Margins: 15.95%
- Return on Equity: 20.82%
- Return on Assets: 11.72%
- Debt-to-Equity Ratio: 0.26%
- Current Ratio: 1.75%
- Quick Ratio: 1.33%
- Average Volume: 699,000 shs.
- Beta: 1.05
- Short Ratio: 8.22
Frequently Asked Questions for Snap-On Incorporated (NYSE:SNA)
What is Snap-On Incorporated's stock symbol?
Snap-On Incorporated trades on the New York Stock Exchange (NYSE) under the ticker symbol "SNA."
How often does Snap-On Incorporated pay dividends? What is the dividend yield for Snap-On Incorporated?
Snap-On Incorporated declared a quarterly dividend on Thursday, August 3rd. Investors of record on Friday, August 18th will be given a dividend of $0.71 per share on Friday, September 8th. This represents a $2.84 annualized dividend and a yield of 1.77%. The ex-dividend date of this dividend is Wednesday, August 16th. View Snap-On Incorporated's Dividend History.
How will Snap-On Incorporated's stock buyback program work?
Snap-On Incorporated declared that its board has authorized a share buyback program on Monday, August 7th 2017, which authorizes the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its stock is undervalued.
How were Snap-On Incorporated's earnings last quarter?
Snap-On Incorporated (NYSE:SNA) posted its quarterly earnings data on Thursday, October, 19th. The company reported $2.45 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $2.43 by $0.02. The firm had revenue of $903.80 million for the quarter, compared to the consensus estimate of $889.22 million. Snap-On Incorporated had a return on equity of 20.82% and a net margin of 15.95%. The business's quarterly revenue was up 8.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.22 EPS. View Snap-On Incorporated's Earnings History.
When will Snap-On Incorporated make its next earnings announcement?
Where is Snap-On Incorporated's stock going? Where will Snap-On Incorporated's stock price be in 2017?
7 equities research analysts have issued 1-year price targets for Snap-On Incorporated's shares. Their forecasts range from $175.00 to $205.00. On average, they anticipate Snap-On Incorporated's share price to reach $193.17 in the next twelve months. View Analyst Ratings for Snap-On Incorporated.
What are analysts saying about Snap-On Incorporated stock?
Here are some recent quotes from research analysts about Snap-On Incorporated stock:
- 1. According to Zacks Investment Research, "Tough macroeconomic conditions have been plaguing Snap-On in recent times. Sluggish oil and gas market activity and softness in industrial markets continue to negatively impact Snap-on’s revenues. Also, instability in the credit and financial markets and lower business & consumer spending will hurt its prospects. This apart, volatility in price of raw materials and ongoing sluggishness in Tools Storage products add to the company’s woes. In addition, over the past three months, Snap-on’s shares have underperformed the industry's average decline. On the positive side, Snap-On has a robust earnings surprise history over the trailing four quarters, having beaten estimates all through. Also, the company has been witnessing encouraging prospects in most of its business lines that will likely unlock new growth avenues going forward." (10/17/2017)
- 2. FBR & Co analysts commented, "SNA shares offer investors a compelling opportunity after being off about 5% on mixed 2Q17 results vs. the S&P 500 essentially flat. We believe all three businesses still have favorable outlooks. Despite slowing growth in the core van channel business, there are additional growth drivers that include enhancing the core Snap-on van channel, expanding the customer base, extending its reach in critical industries, and capitalizing on the development of emerging markets. With three business segments generating low- to mid-single-digit annual organic revenue growth, the company continues to generate positive operating leverage from a more favorable product mix and continuous improvement initiatives." (7/21/2017)
Who are some of Snap-On Incorporated's key competitors?
Some companies that are related to Snap-On Incorporated include Dover Corporation (DOV), Pall (PLL), W.W. Grainger (GWW), Gardner Denver Holdings (GDI), Crane Company (CR), Woodward (WWD), Weir Group PLC (WEIR), Spirax-Sarco Engineering plc (SPX), Timken Company (The) (TKR), Barnes Group (B), IMI plc (IMI), Manitowoc Food Service (WBT), KLX (KLXI), Rexnord Corporation (RXN), Hillenbrand (HI), Proto Labs (PRLB), Mueller Water Products (MWA) and SPX FLOW (FLOW).
Who are Snap-On Incorporated's key executives?
Snap-On Incorporated's management team includes the folowing people:
- Nicholas T. Pinchuk, Chairman of the Board, President, Chief Executive Officer
- Aldo John Pagliari, Chief Financial Officer, Senior Vice President - Finance
- Anup R. Banerjee, Senior Vice President - Human Resources and Chief Development Officer
- Thomas L. Kassouf, Senior Vice President and President -Snap-on Tools Group
- Thomas J. Ward, Senior Vice President, President - Repair Systems & Information Group
- Richard K. Strege, Principal Accounting Officer, Vice President, Controller
- Iain Boyd, Vice President - Operations Development
- Jeanne M. Moreno, Vice President, Chief Information Officer
- Irwin Michael Shur, Vice President, General Counsel, Secretary
- James P. Holden, Lead Independent Director
Who owns Snap-On Incorporated stock?
Snap-On Incorporated's stock is owned by many different of retail and institutional investors. Top institutional investors include PGGM Investments (0.36%), Mountain Pacific Investment Advisers Inc. ID (0.27%), Hermes Investment Management Ltd. (0.20%), APG Asset Management N.V. (0.09%), State Treasurer State of Michigan (0.03%) and Eqis Capital Management Inc. (0.02%). Company insiders that own Snap-On Incorporated stock include Aldo John Pagliari, Anup R Banerjee, Constance Johnsen, Donald J Stebbins, Iain Boyd, Irwin M Shur, Jeanne M Moreno, Nathan J Jones, Nicholas T Pinchuk, Ruth Ann M Gillis, Thomas J Ward, Thomas L Kassouf, Viraf Savak Kapadia and William Dudley Lehman. View Institutional Ownership Trends for Snap-On Incorporated.
Who sold Snap-On Incorporated stock? Who is selling Snap-On Incorporated stock?
Snap-On Incorporated's stock was sold by a variety of institutional investors in the last quarter, including State Treasurer State of Michigan and Robeco Institutional Asset Management B.V.. Company insiders that have sold Snap-On Incorporated stock in the last year include Aldo John Pagliari, Constance Johnsen, Iain Boyd, Irwin M Shur, Jeanne M Moreno, Nathan J Jones, Nicholas T Pinchuk, Thomas J Ward, Thomas L Kassouf and William Dudley Lehman. View Insider Buying and Selling for Snap-On Incorporated.
Who bought Snap-On Incorporated stock? Who is buying Snap-On Incorporated stock?
Snap-On Incorporated's stock was acquired by a variety of institutional investors in the last quarter, including PGGM Investments, Mountain Pacific Investment Advisers Inc. ID, APG Asset Management N.V., Park National Corp OH, Assenagon Asset Management S.A., Eqis Capital Management Inc. and Hermes Investment Management Ltd.. Company insiders that have bought Snap-On Incorporated stock in the last two years include Donald J Stebbins, Ruth Ann M Gillis and Viraf Savak Kapadia. View Insider Buying and Selling for Snap-On Incorporated.
How do I buy Snap-On Incorporated stock?
Shares of Snap-On Incorporated can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Snap-On Incorporated's stock price today?
MarketBeat Community Rating for Snap-On Incorporated (NYSE SNA)MarketBeat's community ratings are surveys of what our community members think about Snap-On Incorporated and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Snap-On Incorporated stock can currently be purchased for approximately $160.12.
Consensus Ratings for Snap-On Incorporated (NYSE:SNA) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Hold Ratings, 5 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.71)|
|Consensus Price Target: ||$193.17 (20.64% upside)|Consensus Price Target History for Snap-On Incorporated (NYSE:SNA)
Analysts' Ratings History for Snap-On Incorporated (NYSE:SNA)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/19/2017||Oppenheimer Holdings, Inc.||Reiterated Rating||Buy||$177.00||N/A|
|10/19/2017||FBR & Co||Reiterated Rating||Buy||$205.00||N/A|
|8/21/2017||Longbow Research||Downgrade||Buy -> Neutral||High|
|8/2/2017||Robert W. Baird||Reiterated Rating||Outperform||$197.00||Low|
|7/6/2017||Jefferies Group LLC||Reiterated Rating||Hold||$175.00||Low|
|4/12/2017||CIBC||Reiterated Rating||Outperform -> Outperform||$200.00||Medium|
|2/3/2017||Wunderlich||Boost Price Target||Buy||$190.00 -> $205.00||N/A|
|6/27/2016||CL King||Initiated Coverage||Buy||$174.00||N/A|
Earnings History for Snap-On Incorporated (NYSE:SNA)Earnings History by Quarter for Snap-On Incorporated (NYSE SNA)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/1/2018|| || || || || || || || |
|10/19/2017||Q3 2017||$2.43||$2.45||$889.22 million||$903.80 million||View||N/A|
|7/20/2017||Q2 2017||$2.55||$2.60||$920.87 million||$921.40 million||View||N/A|
|4/20/2017||Q1 2017||$2.34||$2.39||$877.30 million||$887.10 million||View||N/A|
|2/2/2017||Q416||$2.41||$2.47||$884.09 million||$889.80 million||View||Listen|
|10/20/2016||Q316||$2.15||$2.22||$709.70 million||$834.10 million||View||Listen|
|7/21/2016||Q216||$2.23||$2.36||$876.70 million||$872.30 million||View||Listen|
|4/21/2016||Q116||$2.09||$2.16||$854.10 million||$834.20 million||View||Listen|
|2/4/2016||Q415||$2.18||$2.22||$887.95 million||$851.70 million||View||Listen|
|10/22/2015||Q315||$1.94||$1.98||$845.24 million||$821.50 million||View||Listen|
|7/23/2015||Q215||$2.00||$2.03||$864.52 million||$851.80 million||View||Listen|
|4/23/2015||Q115||$1.82||$1.87||$834.42 million||$827.80 million||View||Listen|
|2/5/2015||Q414||$1.81||$1.97||$843.10 million||$857.40 million||View||Listen|
|10/16/2014||Q314||$1.62||$1.76||$799.12 million||$806.30 million||View||Listen|
|7/17/2014||Q214||$1.68||$1.80||$810.06 million||$826.50 million||View||Listen|
|4/17/2014||Q114||$1.54||$1.62||$781.08 million||$787.50 million||View||Listen|
|2/6/2014||Q413||$1.56||$1.60||$779.57 million||$797.50 million||View||Listen|
|10/17/2013||Q313||$1.42||$1.43||$754.03 million||$753.20 million||View||Listen|
|7/18/2013||Q2 2013||$1.45||$1.50||$755.31 million||$764.10 million||View||Listen|
|4/18/2013||Q1 2013||$1.34||$1.40||$753.31 million||$741.70 million||View||Listen|
|2/7/2013||Q4 2012||$1.38||$1.43||$755.38 million||$753.20 million||View||Listen|
Earnings Estimates for Snap-On Incorporated (NYSE:SNA)
2017 EPS Consensus Estimate: $9.98
2018 EPS Consensus Estimate: $10.85
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Snap-On Incorporated (NYSE:SNA)
|Most Recent Dividend:||9/8/2017|
|Dividend Growth:||17.10% (3 Year Average)|
|Payout Ratio:||29.13% (Trailing 12 Months of Earnings) |
28.26% (Based on This Year's Estimates)
26.01% (Based on Next Year's Estimates)
|Track Record:||7 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Snap-On Incorporated (NYSE SNA)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Snap-On Incorporated (NYSE:SNA)
Insider Ownership Percentage: 3.70%Insider Trades by Quarter for Snap-On Incorporated (NYSE:SNA)
Institutional Ownership Percentage: 93.13%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/4/2017||Ruth Ann M. Gillis||Director||Buy||265||$152.58||$40,433.70|| |
|8/2/2017||Ruth Ann M. Gillis||Director||Buy||100||$152.70||$15,270.00|| |
|7/24/2017||Iain Boyd||VP||Sell||18,418||$147.54||$2,717,391.72|| |
|4/24/2017||Jeanne M Moreno||VP||Sell||12,459||$176.54||$2,199,511.86|| |
|4/24/2017||Thomas J. Ward||SVP||Sell||42,000||$174.88||$7,344,960.00|| |
|3/9/2017||Jeanne M Moreno||VP||Sell||2,200||$169.20||$372,240.00|| |
|3/1/2017||Aldo John Pagliari||SVP||Sell||6,480||$173.29||$1,122,919.20|| |
|3/1/2017||Constance Johnsen||VP||Sell||2,500||$172.63||$431,575.00|| |
|3/1/2017||Nicholas T Pinchuk||Chairman||Sell||20,453||$172.89||$3,536,119.17|| |
|2/22/2017||Nathan J Jones||Director||Sell||825||$170.45||$140,621.25|| |
|2/13/2017||Irwin M Shur||VP||Sell||250||$171.85||$42,962.50|| |
|2/13/2017||William Dudley Lehman||Director||Sell||412||$171.88||$70,814.56|| |
|1/3/2017||Aldo John Pagliari||SVP||Sell||1,700||$171.42||$291,414.00|| |
|12/6/2016||Iain Boyd||VP||Sell||3,812||$168.10||$640,797.20|| |
|11/22/2016||Nicholas T. Pinchuk||Chairman||Sell||20,544||$170.10||$3,494,534.40|| |
|11/21/2016||Thomas L Kassouf||SVP||Sell||20,000||$168.09||$3,361,800.00|| |
|11/10/2016||Constance Johnsen||VP||Sell||4,833||$163.54||$790,388.82|| |
|10/24/2016||Jeanne M Moreno||VP||Sell||500||$160.30||$80,150.00|| |
|9/8/2016||Thomas J. Ward||SVP||Sell||42,000||$151.60||$6,367,200.00|| |
|8/18/2016||Thomas L Kassouf||SVP||Sell||2,000||$153.29||$306,580.00|| |
|7/26/2016||Iain Boyd||VP||Sell||3,500||$157.97||$552,895.00|| |
|5/17/2016||Jeanne M Moreno||VP||Sell||10,417||$164.71||$1,715,784.07|| |
|4/25/2016||Anup R Banerjee||SVP||Sell||6,000||$161.22||$967,320.00|| |
|3/18/2016||Viraf Savak Kapadia||Director||Buy||10,000||$0.03||$250.00|
|3/10/2016||Nicholas T Pinchuk||CEO||Sell||25,559||$150.13||$3,837,172.67|| |
|3/4/2016||Jeanne M Moreno||VP||Sell||4,500||$154.95||$697,275.00|| |
|3/3/2016||Irwin M Shur||VP||Sell||7,290||$154.09||$1,123,316.10|| |
|3/2/2016||Jeanne M Moreno||VP||Sell||2,000||$150.32||$300,640.00|| |
|3/1/2016||Jeanne M Moreno||VP||Sell||1,586||$150.26||$238,312.36|| |
|2/22/2016||Aldo John Pagliari||CFO||Sell||6,480||$146.77||$951,069.60|| |
|2/19/2016||Iain Boyd||VP||Sell||3,155||$145.40||$458,737.00|| |
|2/18/2016||Donald J Stebbins||Director||Buy||1,500||$144.88||$217,320.00|| |
|2/16/2016||Thomas J. Ward||SVP||Sell||10,965||$141.66||$1,553,301.90|| |
|2/16/2016||William Dudley Lehman||Director||Sell||480||$142.49||$68,395.20|| |
|2/12/2016||Aldo John Pagliari||CFO||Sell||57||$140.30||$7,997.10|| |
|6/10/2015||Constance Johnsen||VP||Sell||2,500||$157.96||$394,900.00|| |
|5/14/2015||Nathan J Jones||Director||Sell||2,730||$157.20||$429,156.00|| |
|5/11/2015||Viraf Savak Kapadia||Director||Buy||20,000||$0.05||$900.00|
|5/8/2015||Jeanne M Moreno||VP||Sell||1,685||$155.24||$261,579.40|| |
|5/6/2015||Thomas J Ward||SVP||Sell||42,000||$152.12||$6,389,040.00|| |
|4/27/2015||Irwin M Shur||VP||Sell||12,814||$153.33||$1,964,770.62|| |
|4/1/2015||Viraf Savak Kapadia||Director||Buy||50,000||$0.04||$1,750.00|
|3/2/2015||Thomas L Kassouf||SVP||Sell||12,480||$148.05||$1,847,664.00|| |
|2/20/2015||Aldo John Pagliari||CFO||Sell||6,480||$145.41||$942,256.80|| |
|2/20/2015||Nicholas T Pinchuk||CEO||Sell||25,303||$145.61||$3,684,369.83|| |
|2/17/2015||Jeanne M Moreno||VP||Sell||10,500||$145.38||$1,526,490.00|| |
|2/17/2015||Thomas J Ward||SVP||Sell||7,101||$144.67||$1,027,301.67|| |
|2/10/2015||Constance Johnsen||VP||Sell||2,000||$142.06||$284,120.00|| |
|2/9/2015||Jeanne M Moreno||VP||Sell||6,409||$141.31||$905,655.79|| |
|1/5/2015||Nicholas T Pinchuk||CEO||Sell||1,100||$135.55||$149,105.00|| |
|10/30/2014||Constance Johnsen||VP||Sell||3,334||$130.54||$435,220.36|| |
|10/29/2014||Thomas L Kassouf||SVP||Sell||2,620||$129.17||$338,425.40|| |
|7/29/2014||Jeanne M Moreno||VP||Sell||1,144||$125.01||$143,011.44|| |
|7/28/2014||Jeanne M Moreno||VP||Sell||100||$125.00||$12,500.00|| |
|7/23/2014||Ruth Ann M Gillis||Director||Buy||1,000||$123.53||$123,530.00|| |
|5/29/2014||Thomas L Kassouf||SVP||Sell||8,333||$117.07||$975,544.31|| |
|5/27/2014||Irwin M Shur||VP||Sell||11,200||$116.73||$1,307,376.00|| |
|5/13/2014||Irwin Shur||VP||Sell||1,300||$117.10||$152,230.00|| |
|2/28/2014||Jeanne Moreno||VP||Sell||6,500||$112.38||$730,470.00|| |
|2/26/2014||Aldo John Pagliari||CFO||Sell||4,320||$109.75||$474,120.00|| |
|2/26/2014||Constance Johnsen||VP||Sell||4,667||$110.20||$514,303.40|| |
|2/26/2014||Nicholas Pinchuk||CEO||Sell||22,165||$109.67||$2,430,835.55|| |
|2/14/2014||Aldo John Pagliari||CFO||Sell||2,000||$108.65||$217,300.00|| |
|2/14/2014||Iain Boyd||VP||Sell||4,788||$108.65||$520,216.20|| |
|2/14/2014||Thomas Ward||SVP||Sell||18,929||$109.05||$2,064,207.45|| |
|2/11/2014||Jeanne Moreno||VP||Sell||11,752||$107.86||$1,267,570.72|| |
|7/22/2013||Edward H Rensi||Director||Sell||1,990||$96.07||$191,179.30|| |
|5/31/2013||Thomas L Kassouf||SVP||Sell||2,424||$91.72||$222,329.28|| |
|5/21/2013||Iain Boyd||VP||Sell||6,968||$91.51||$637,641.68|| |
|5/15/2013||Constance Johnsen||VP||Sell||1,666||$92.76||$154,538.16|| |
|5/14/2013||Constance Johnsen||VP||Sell||3,167||$90.03||$285,125.01|| |
|2/27/2013||Edward H Rensi||Director||Sell||1,100||$79.17||$87,087.00|| |
|2/15/2013||Irwin M Shur||VP||Sell||2,000||$79.10||$158,200.00|| |
|2/15/2013||Thomas J Ward||SVP||Sell||15,747||$79.23||$1,247,634.81|| |
Headline Trends for Snap-On Incorporated (NYSE:SNA)
Latest Headlines for Snap-On Incorporated (NYSE:SNA)
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Snap-On Incorporated (SNA) Chart for Monday, October, 23, 2017