Zacks Research Has Bearish Forecast for Snap-on Q1 Earnings

Snap-on Incorporated (NYSE:SNA - Free Report) - Zacks Research lowered their Q1 2025 earnings estimates for Snap-on in a note issued to investors on Thursday, February 27th. Zacks Research analyst R. Department now forecasts that the company will post earnings per share of $4.82 for the quarter, down from their prior estimate of $4.94. The consensus estimate for Snap-on's current full-year earnings is $19.79 per share. Zacks Research also issued estimates for Snap-on's Q2 2026 earnings at $5.44 EPS, Q4 2026 earnings at $5.33 EPS and FY2027 earnings at $22.06 EPS.

A number of other equities research analysts have also recently weighed in on SNA. Tigress Financial upped their price target on Snap-on from $385.00 to $390.00 and gave the stock a "buy" rating in a report on Tuesday. Barrington Research reissued an "outperform" rating and issued a $350.00 price objective on shares of Snap-on in a research note on Monday, February 10th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $346.40.

Snap-on Stock Performance

NYSE:SNA traded down $4.56 during mid-day trading on Friday, reaching $329.53. The stock had a trading volume of 390,834 shares, compared to its average volume of 383,170. The firm has a market capitalization of $17.26 billion, a price-to-earnings ratio of 16.90, a PEG ratio of 2.21 and a beta of 0.99. Snap-on has a twelve month low of $252.98 and a twelve month high of $373.89. The business has a 50 day simple moving average of $343.03 and a 200 day simple moving average of $326.70. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.17 and a current ratio of 4.15.

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Snap-on (NYSE:SNA - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The company reported $4.82 earnings per share (EPS) for the quarter, topping 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 prior year, the company posted $4.75 EPS.

Snap-on Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Monday, February 24th will be paid a $2.14 dividend. The ex-dividend date of this dividend is Monday, February 24th. This represents a $8.56 dividend on an annualized basis and a dividend yield of 2.60%. Snap-on's dividend payout ratio (DPR) is currently 43.90%.

Insider Activity at Snap-on

In other Snap-on news, CEO Nicholas T. Pinchuk sold 21,783 shares of the firm's stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $354.83, for a total transaction of $7,729,261.89. Following the completion of the sale, the chief executive officer now owns 769,738 shares in the company, valued at $273,126,134.54. This trade represents a 2.75 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP June C. Lemerand sold 3,500 shares of Snap-on stock in a transaction on 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 completion of the sale, the vice president now owns 2,289 shares of the company's stock, valued at approximately $830,586.54. This trade represents a 60.46 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 45,503 shares of company stock worth $15,906,074. 4.10% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Snap-on

A number of institutional investors have recently made changes to their positions in SNA. Vanguard Group Inc. lifted 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 worth $2,174,233,000 after purchasing an additional 19,328 shares during the last quarter. State Street Corp increased its position in Snap-on by 0.5% in the third quarter. State Street Corp now owns 2,115,973 shares of the company's stock worth $613,019,000 after buying an additional 10,645 shares during the period. First Trust Advisors LP lifted its stake in Snap-on by 29.2% in the fourth quarter. First Trust Advisors LP now owns 1,819,403 shares of the company's stock valued at $617,651,000 after buying an additional 411,317 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Snap-on by 4.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,806,278 shares of the company's stock valued at $613,195,000 after acquiring an additional 77,486 shares during the period. Finally, Geode Capital Management LLC grew its position in shares of Snap-on by 1.7% during the fourth quarter. Geode Capital Management LLC now owns 1,641,159 shares of the company's stock worth $556,022,000 after acquiring an additional 27,700 shares during the last quarter. 84.88% of the stock is currently owned by institutional investors.

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.