Equities Analysts Offer Predictions for Snap-on Q1 Earnings

Snap-on Incorporated (NYSE:SNA - Free Report) - Stock analysts at Zacks Research decreased their Q1 2025 earnings estimates for Snap-on in a research report issued to clients and investors on Thursday, November 7th. Zacks Research analyst R. Department now anticipates that the company will post earnings per share of $4.94 for the quarter, down from their previous estimate of $4.95. The consensus estimate for Snap-on's current full-year earnings is $19.05 per share. Zacks Research also issued estimates for Snap-on's Q4 2025 earnings at $4.97 EPS and Q2 2026 earnings at $5.43 EPS.

Other analysts have also recently issued reports about the company. Tigress Financial upped their target price on Snap-on from $336.00 to $385.00 and gave the company a "buy" rating in a report on Friday, October 25th. Bank of America upped their price objective on shares of Snap-on from $255.00 to $280.00 and gave the company an "underperform" rating in a research note on Friday, October 18th. Roth Mkm lifted their target price on shares of Snap-on from $324.00 to $365.00 and gave the stock a "buy" rating in a research note on Tuesday, October 22nd. Robert W. Baird boosted their target price 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, Barrington Research increased their price target on Snap-on from $325.00 to $350.00 and gave the stock an "outperform" rating in a report on Thursday, October 17th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, Snap-on currently has an average rating of "Hold" and a consensus target price of $345.40.

Snap-on Trading Up 0.7 %

Shares of SNA stock traded up $2.58 on Monday, hitting $361.85. The company had a trading volume of 374,790 shares, compared to its average volume of 307,850. Snap-on has a twelve month low of $252.98 and a twelve month high of $363.20. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.14 and a current ratio of 4.18. The firm has a market cap of $19.00 billion, a P/E ratio of 18.62, a P/E/G ratio of 2.38 and a beta of 0.96. The stock's 50-day moving average is $302.73 and its two-hundred day moving average is $282.67.

Snap-on (NYSE:SNA - Get Free Report) last posted its quarterly earnings data on Thursday, October 17th. The company reported $4.70 earnings per share for the quarter, beating analysts' consensus estimates of $4.58 by $0.12. The business had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.16 billion. Snap-on had a return on equity of 19.44% and a net margin of 22.13%.

Institutional Trading of Snap-on

Several institutional investors and hedge funds have recently modified their holdings of the stock. Aurora Investment Counsel boosted its position in shares of Snap-on by 0.9% during the third quarter. Aurora Investment Counsel now owns 3,549 shares of the company's stock valued at $1,028,000 after buying an additional 30 shares during the last quarter. Commerce Bank boosted its holdings in Snap-on by 1.3% during the 3rd quarter. Commerce Bank now owns 3,234 shares of the company's stock worth $937,000 after acquiring an additional 43 shares during the last quarter. Strategy Asset Managers LLC bought a new stake in shares of Snap-on in the 3rd quarter worth $209,000. B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in shares of Snap-on in the third quarter valued at about $313,000. Finally, SouthState Corp lifted its position in shares of Snap-on by 0.8% during the third quarter. SouthState Corp now owns 21,804 shares of the company's stock valued at $6,317,000 after purchasing an additional 167 shares in the last quarter. 84.88% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Snap-on news, SVP Thomas J. Ward sold 12,737 shares of the firm's stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of $333.21, for a total value of $4,244,095.77. Following the completion of the sale, the senior vice president now owns 55,401 shares of the company's stock, valued at approximately $18,460,167.21. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, VP June C. Lemerand sold 1,186 shares of the company's stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $283.97, for a total value of $336,788.42. Following the sale, the vice president now owns 2,283 shares in the company, valued at $648,303.51. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Thomas J. Ward sold 12,737 shares of the firm's stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $333.21, for a total transaction of $4,244,095.77. Following the completion of the transaction, the senior vice president now directly owns 55,401 shares in the company, valued at approximately $18,460,167.21. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 26,190 shares of company stock valued at $8,212,284. 4.10% of the stock is owned by company insiders.

Snap-on Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Thursday, November 21st will be issued a dividend of $2.14 per share. The ex-dividend date is Thursday, November 21st. This represents a $8.56 annualized dividend and a dividend yield of 2.37%. This is a positive change from Snap-on's previous quarterly dividend of $1.86. Snap-on's dividend payout ratio is currently 38.29%.

Snap-on announced that its Board of Directors has initiated a share buyback program on Thursday, August 8th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the company to purchase up to 3.5% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's board believes its stock is undervalued.

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.