Snap-on(SNA)

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Why Snap-On (SNA) is a Top Momentum Stock for the Long-Term
ZACKS· 2025-04-16 14:55
Group 1: Zacks Premium and Style Scores - Zacks Premium offers various tools for investors to enhance their stock market strategies, including daily updates on Zacks Rank and Industry Rank, Equity Research reports, and Premium stock screens [1] - The Zacks Style Scores are complementary indicators that rate stocks based on value, growth, and momentum methodologies, helping investors identify stocks likely to outperform the market in the next 30 days [2][3] Group 2: Style Score Categories - The Value Score focuses on identifying undervalued stocks by analyzing ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow [3] - The Growth Score assesses a company's financial strength and future outlook by examining projected and historical earnings, sales, and cash flow [4] - The Momentum Score identifies optimal times to invest based on price trends and earnings estimate changes [5] - The VGM Score combines the three Style Scores to highlight stocks with attractive value, strong growth forecasts, and promising momentum [6] Group 3: Zacks Rank and Stock Selection - The Zacks Rank is a proprietary model that uses earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [7][8] - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B to maximize returns [9] - Stocks with a 4 (Sell) or 5 (Strong Sell) rating, even with high Style Scores, are likely to have declining earnings forecasts and increased risk of price drops [10] Group 4: Company Spotlight - Snap-On Incorporated - Snap-On Incorporated, based in Kenosha, WI, is a global provider of professional tools and equipment for various industrial users, including vehicle service centers and OEMs [11] - Snap-On has a Zacks Rank of 3 (Hold) and a VGM Score of B, with a Momentum Style Score of A, indicating a 2.4% increase in shares over the past four weeks [12] - The company has seen a positive revision in earnings estimates for fiscal 2025, with the Zacks Consensus Estimate rising to $19.79 per share and an average earnings surprise of 1.1% [12][13]
Gear Up for Snap-On (SNA) Q1 Earnings: Wall Street Estimates for Key Metrics
ZACKS· 2025-04-14 14:20
In its upcoming report, Snap-On (SNA) is predicted by Wall Street analysts to post quarterly earnings of $4.81 per share, reflecting an increase of 1.3% compared to the same period last year. Revenues are forecasted to be $1.2 billion, representing a year-over-year increase of 1.2%.The current level reflects an upward revision of 0.2% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projecti ...
Snap-on Q1 Earnings on Deck: Will Strong Business Trends Drive a Beat?
ZACKS· 2025-04-11 16:50
Snap-on Incorporated (SNA) prepares to announce its first-quarter 2025 earnings results on April 17, before the opening bell. The Zacks Consensus Estimate for revenues is pegged at $1.2 billion, which indicates an increase of 1.4% from the year-ago quarter’s reported level.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The consensus estimate for quarterly earnings has been unchanged in the past 30 days at $4.82 per share, indicating an increase of 1.5% from the year-earlier quarter ...
Snap-on Up 17.7% in 6 Months: Should You Buy, Hold or Sell the Stock?
ZACKS· 2025-04-02 16:41
Snap-on Incorporated (SNA) stock seems to be in the limelight for a while, with shares rising 17.7%, comfortably outperforming the broader Consumer Discretionary sector’s gain of 2.9% and the Zacks Tools - Handheld industry, which rose 5.5% in the past six months. SNA’s shares have also surpassed the S&P 500 index’s drop of 1.4% in the six-month period.The stock seems to be in good shape, thanks to its solid business strategies. The company has been benefiting from its value-creation processes and Rapid Con ...
Snap-on: Still An Incredible Company, Even After Decades Of Success
Seeking Alpha· 2025-03-23 08:18
Group 1 - The article reflects on the author's personal journey and passion for stock evaluation, particularly focusing on the goal of outperforming the S&P 500 over a lifetime [1] - The author emphasizes the challenges of finding stocks that will outperform in the long term, highlighting the need for patience and self-aptitude in the investment process [1] - The writing serves as a method for the author to improve as an investor and gain a deeper understanding of the stocks being considered [1]
SNA's Value-Creation Processes & Other Efforts Aid: Should You Retain?
ZACKS· 2025-03-10 15:50
Snap-on Incorporated (SNA) company has been gaining from its value-creation processes, including Rapid Continuous Improvement (RCI) initiatives and other strategic measures. SNA’s robust business model helps enhance value-creation processes, which, in turn, improves safety, quality of service, customer satisfaction and innovation. Let’s dive deeper to know more about the stock.Snap-on’s Growth Plans Yielding ResultsSnap-on is focused on attaining value via its value-creation processes, including its ability ...
This is Why Snap-On (SNA) is a Great Dividend Stock
ZACKS· 2025-03-04 17:45
Company Overview - Snap-On (SNA) is based in Kenosha and operates in the Consumer Discretionary sector, with a year-to-date share price change of -1.59% [3] - The company currently pays a dividend of $2.14 per share, resulting in a dividend yield of 2.56%, which is higher than the Tools - Handheld industry's yield of 1.76% and the S&P 500's yield of 1.55% [3] Dividend Performance - Snap-On's annualized dividend of $8.56 has increased by 10.9% from the previous year, with the company raising its dividend five times over the last five years, averaging an annual increase of 14.76% [4] - The current payout ratio for Snap-On is 45%, indicating that the company distributes 45% of its trailing 12-month earnings per share as dividends [4] Earnings Outlook - The Zacks Consensus Estimate for Snap-On's earnings in 2025 is projected at $19.76 per share, reflecting a year-over-year growth rate of 1.28% [5] Investment Considerations - Snap-On is considered a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold) [7]
Snap-on's Growth Strategies Progress Well: Apt to Hold the Stock?
ZACKS· 2025-02-28 18:35
Core Insights - Snap-on Incorporated (SNA) is performing well due to effective business strategies and value-creation processes, particularly through Rapid Continuous Improvement (RCI) initiatives [1][2] Business Strategy and Growth - The company is enhancing its franchise network and improving relationships with repair shop owners while expanding into critical industries in emerging markets [2] - RCI aims to enhance organizational effectiveness, reduce costs, and boost sales and margins through continuous productivity and process improvements [3] - Snap-on is focused on customer connection and innovation, with expectations of a strong vehicle repair market [4] Product Development - The specialty torque business is progressing well, with new products like the CTM 800 heavy-duty cordless torque multiplier, which delivers torque from 160 footpounds [5] - The CTM 800 is designed for versatility, safety, access, durability, and precision, which is expected to bolster sales and profits [5] Challenges and Risks - Snap-on faces macroeconomic headwinds, including geographic challenges in critical industries, with weak performance noted in China [6] - Rising cost inflation from higher raw material expenses and increased operating expenses, which rose 3.5% year over year, is impacting performance [7] Stock Valuation - Snap-on stock is currently trading at a price/earnings ratio of 16.97 on a forward 12-month basis, slightly lower than the industry average of 17.26 and below its five-year high of 18.63 [8] Future Outlook - Management anticipates resilience in markets and operations, with continued progress expected in the automotive repair sector and expansion across geographies [10] - The Zacks Consensus Estimate for SNA's 2025 sales and earnings per share (EPS) indicates a rise of 2.9% and 1.4% year over year, respectively, with further growth expected in 2026 [11]
Snap-on Gains 30% in a Year: Should You Buy, Hold or Sell the Stock?
ZACKS· 2025-02-17 15:35
Core Viewpoint - Snap-on Incorporated (SNA) has demonstrated strong stock performance, with a 30.1% gain over the past year, outperforming the Consumer Discretionary sector and the S&P 500 index [1] Group 1: Stock Performance - Snap-on stock is currently priced at $338.92, which is a 9.4% discount from its 52-week high of $373.90 and a 34% premium to its 52-week low [2] - The stock is trading at a price/earnings ratio of 16.97 on a forward 12-month basis, lower than the industry average of 17.26 and its five-year high of 18.63 [10] Group 2: Growth Strategies - The company is enhancing its franchise network and relationships with repair shop owners while expanding into critical industries in emerging markets [3] - Snap-on's Rapid Continuous Improvement (RCI) process aims to enhance organizational effectiveness, reduce costs, and boost sales and margins [4] - Management expects the vehicle repair market to remain strong, supported by innovative hardware and a proprietary comprehensive database [5] Group 3: Product Development and Market Position - Snap-on has launched a new lineup of hand tools aimed at improving customer connection, with encouraging sales in the specialty torque business and activities in aviation and general industries [6] - The company's robust business model enhances value-creation processes, improving safety, service quality, customer satisfaction, and innovation [6] Group 4: Challenges and Outlook - Snap-on faces macroeconomic headwinds, including geographic challenges and weak performance in China, which may impact overall performance [8] - Rising cost inflation and increased operating expenses, which rose 3.5% year over year, are additional challenges [9] - Management anticipates resilience in markets and operations, with continued progress expected in the automotive repair sector and expansion across geographies [11] Group 5: Financial Projections - The Zacks Consensus Estimate for SNA's 2025 sales and earnings per share (EPS) indicates a rise of 2.9% and 1.4% year over year, respectively [12] - For 2026, the consensus estimates imply a jump of 4% in sales and 6.8% in EPS year over year, reflecting analysts' confidence in the stock [12]
Unlocking Snap-On (SNA) International Revenues: Trends, Surprises, and Prospects
ZACKS· 2025-02-14 15:15
Core Insights - Snap-On's international operations are crucial for assessing its financial resilience and growth prospects, especially in the context of a global economic landscape [1][2][3] Revenue Performance - For the quarter ended December 2024, Snap-On reported total revenue of $1.2 billion, reflecting a year-over-year increase of 0.2% [4] - European revenue accounted for 15.51% of total revenue, amounting to $185.9 million, which was a surprise increase of 3.2% compared to Wall Street's expectation of $180.14 million [5] - Other International revenue contributed $115.6 million, or 9.64% of total revenue, which was below the consensus estimate of $118.23 million, representing a surprise decrease of 2.22% [6] Future Projections - Analysts project Snap-On's total revenue for the current fiscal quarter to be $1.2 billion, indicating a 1.7% increase from the previous year, with Europe and Other International expected to contribute $184.14 million (15.3%) and $121.38 million (10.1%) respectively [7] - For the full year, total revenue is expected to reach $4.85 billion, a 3% increase from the prior year, with Europe and Other International projected to contribute $757.97 million (15.6%) and $499.94 million (10.3%) respectively [8] Strategic Considerations - Snap-On's reliance on international markets presents both opportunities and challenges, making it essential to monitor international revenue trends for accurate future projections [9][10]