Roth Capital Analysts Lower Earnings Estimates for Snap-on

Snap-on Incorporated (NYSE:SNA - Free Report) - Stock analysts at Roth Capital reduced their Q1 2025 EPS estimates for shares of Snap-on in a research report issued on Friday, February 7th. Roth Capital analyst S. Stember now expects that the company will post earnings of $4.87 per share for the quarter, down from their previous estimate of $4.93. The consensus estimate for Snap-on's current full-year earnings is $20.07 per share. Roth Capital also issued estimates for Snap-on's Q2 2025 earnings at $5.24 EPS, Q3 2025 earnings at $5.06 EPS, Q4 2025 earnings at $4.97 EPS, FY2025 earnings at $20.13 EPS, Q1 2026 earnings at $5.39 EPS, Q2 2026 earnings at $5.76 EPS, Q3 2026 earnings at $5.57 EPS, Q4 2026 earnings at $5.56 EPS and FY2026 earnings at $22.28 EPS.

Snap-on (NYSE:SNA - Get Free Report) last issued its earnings results on Thursday, February 6th. The company reported $4.82 EPS for the quarter, beating the consensus estimate of $4.78 by $0.04. Snap-on had a net margin of 21.71% and a return on equity of 19.20%. During the same quarter in the previous year, the business posted $4.75 earnings per share.

SNA has been the subject of several other research reports. Bank of America boosted their price target on shares of Snap-on from $255.00 to $280.00 and gave the company an "underperform" rating in a report on Friday, October 18th. Tigress Financial boosted their price target on shares of Snap-on from $336.00 to $385.00 and gave the company a "buy" rating in a report on Friday, October 25th. Barrington Research reissued an "outperform" rating and issued a $350.00 price target on shares of Snap-on in a report on Monday. Robert W. Baird boosted their price target on shares of Snap-on from $290.00 to $347.00 and gave the company a "neutral" rating in a report on Friday, October 18th. Finally, Roth Mkm boosted their price target on shares of Snap-on from $324.00 to $365.00 and gave the company a "buy" rating in a report on Tuesday, October 22nd. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Snap-on currently has an average rating of "Hold" and a consensus target price of $345.40.

Snap-on Trading Up 1.4 %

Shares of Snap-on stock traded up $4.84 on Monday, hitting $339.73. 294,503 shares of the company's stock traded hands, compared to its average volume of 396,621. The firm's 50-day moving average price is $345.73 and its two-hundred day moving average price is $320.72. The stock has a market capitalization of $17.84 billion, a PE ratio of 17.42, a price-to-earnings-growth ratio of 2.13 and a beta of 0.99. Snap-on has a one year low of $252.98 and a one year high of $373.89. The company has a debt-to-equity ratio of 0.22, a current ratio of 4.15 and a quick ratio of 3.14.

Institutional Investors Weigh In On Snap-on

A number of institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of Snap-on by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 6,404,599 shares of the company's stock valued at $2,174,233,000 after purchasing an additional 19,328 shares during the period. State Street Corp raised its holdings in shares of Snap-on by 0.5% in the 3rd quarter. State Street Corp now owns 2,115,973 shares of the company's stock valued at $613,019,000 after purchasing an additional 10,645 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of Snap-on by 4.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,806,278 shares of the company's stock valued at $613,195,000 after purchasing an additional 77,486 shares during the period. Geode Capital Management LLC raised its holdings in shares of Snap-on by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 1,641,159 shares of the company's stock valued at $556,022,000 after purchasing an additional 27,700 shares during the period. Finally, Nordea Investment Management AB raised its holdings in shares of Snap-on by 12.8% in the 4th quarter. Nordea Investment Management AB now owns 1,128,317 shares of the company's stock valued at $384,813,000 after purchasing an additional 127,859 shares during the period. 84.88% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Snap-on news, SVP Jesus Arregui sold 6,451 shares of the business's stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $337.81, for a total transaction of $2,179,212.31. Following the sale, the senior vice president now directly owns 257 shares of the company's stock, valued at $86,817.17. The trade was a 96.17 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, VP June C. Lemerand sold 3,500 shares of the business's stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $362.86, for a total transaction of $1,270,010.00. Following the sale, the vice president now directly owns 2,289 shares in the company, valued at $830,586.54. This trade represents a 60.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 38,643 shares of company stock valued at $13,580,191. Company insiders own 4.10% of the company's stock.

Snap-on Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Monday, February 24th will be paid a $2.14 dividend. This represents a $8.56 dividend on an annualized basis and a yield of 2.52%. Snap-on's payout ratio is presently 43.90%.

Snap-on Company Profile

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.