Richard Strege - Snap On President

SNA Stock  USD 370.64  4.67  1.28%   

President

Mr. Richard K. Strege is Vice President, Controller of the Company. Vice President and Controller since 2017. Vice President, Internal Audit, Controls and Compliance from 2007 to 2017. since 2017.
Age 62
Tenure 7 years
Professional MarksMBA
Address 2801 80th Street, Kenosha, WI, United States, 53143
Phone262 656 5200
Webhttps://www.snapon.com
Strege holds a MBA degree from the Keller Graduate School of Management and a Bachelor of Business Administration degree from the University of WisconsinMilwaukee, and is a Certified Public Accountant.

Snap On Management Efficiency

The company has Return on Asset of 0.114 % which means that on every $100 spent on assets, it made $0.114 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.206 %, implying that it generated $0.206 on every 100 dollars invested. Snap On's management efficiency ratios could be used to measure how well Snap On manages its routine affairs as well as how well it operates its assets and liabilities. As of November 26, 2024, Return On Tangible Assets is expected to decline to 0.08. In addition to that, Return On Capital Employed is expected to decline to 0.18. At present, Snap On's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 4.1 B, whereas Other Current Assets are forecasted to decline to about 122 M.
Snap On has 1.28 B in debt with debt to equity (D/E) ratio of 0.29, which may show that the company is not taking advantage of profits from borrowing. Snap On has a current ratio of 3.22, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Snap to invest in growth at high rates of return.

Similar Executives

Showing other executives

PRESIDENT Age

Michelle KeatingKennametal
48
Douglas LanceLincoln Electric Holdings
55
Thomas ValentynRBC Bearings Incorporated
60
John AvampatoRBC Bearings Incorporated
59
Renee PetersonToro Co
62
Ronald PortKennametal
54
Brian HacklerEastern Co
N/A
Darren RedetzkeToro Co
56
Michael MintunLincoln Electric Holdings
61
Dan McGrewEastern Co
62
Christopher CoughlinTimken Company
63
Philip FracassaTimken Company
56
Amy DahlToro Co
50
Steven HedlundLincoln Electric Holdings
57
Jennifer AnsberryLincoln Electric Holdings
50
Thomas FlohnLincoln Electric Holdings
63
Gregory DoriaLincoln Electric Holdings
46
Angelo LabbadiaEastern Co
66
Carlonda ReillyKennametal
56
Bradley HamiltonToro Co
56
Peter DragichKennametal
55
Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide. Snap-on Incorporated was founded in 1920 and is based in Kenosha, Wisconsin. Snap On operates under Tools Accessories classification in the United States and is traded on New York Stock Exchange. It employs 12800 people. Snap On (SNA) is traded on New York Stock Exchange in USA. It is located in 2801 80th Street, Kenosha, WI, United States, 53143 and employs 13,200 people. Snap On is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification.

Management Performance

Snap On Leadership Team

Elected by the shareholders, the Snap On's board of directors comprises two types of representatives: Snap On inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Snap. The board's role is to monitor Snap On's management team and ensure that shareholders' interests are well served. Snap On's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Snap On's outside directors are responsible for providing unbiased perspectives on the board's policies.
Iain Boyd, Vice President - Operations Development
June Lemerand, Chief Information Officer, Vice President
William Lehman, Independent Director
Bradley Lewis, Technology, Operations
Thomas Ward, Senior Vice President, President - Repair Systems and Information Group
Sara Verbsky, Vice Relations
Richard Strege, Principal Accounting Officer, Vice President Controller
John Wolf, President Systems
Nathan Jones, Independent Director
Timothy Chambers, Senior Vice President and President - Snap-on Tools Group
Nicholas Pinchuk, Chairman of the Board, President, Chief Executive Officer
Maria Vieira, Commercial Operations
Mary Bauerschmidt, Senior Resources
Karen Daniel, Independent Director
David Adams, Independent Director
Richard Miller, Vice President General Counsel, Secretary
James Holden, Lead Independent Director
Ruth Gillis, Independent Director
Gregg Sherrill, Independent Director
Henry Knueppel, Independent Director
Eugenio Amador, President Equipment
Anup Banerjee, Senior Vice President - Human Resources and Chief Development Officer
Marty Ozolins, Principal Accounting Officer, Vice President Controller
Jesus Arregui, Senior Vice President and President – Commercial Group
Samuel Bottum, Chief VP
Aldo Pagliari, Chief Financial Officer, Senior Vice President - Finance
Donald Stebbins, Independent Director
Benny Oh, Chairman AsiaPacific

Snap Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Snap On a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Snap On offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Snap On's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Snap On Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Snap On Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Snap On. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Snap Stock refer to our How to Trade Snap Stock guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Snap On. If investors know Snap will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Snap On listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.042
Dividend Share
7.44
Earnings Share
19.43
Revenue Per Share
96.839
Quarterly Revenue Growth
(0.01)
The market value of Snap On is measured differently than its book value, which is the value of Snap that is recorded on the company's balance sheet. Investors also form their own opinion of Snap On's value that differs from its market value or its book value, called intrinsic value, which is Snap On's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Snap On's market value can be influenced by many factors that don't directly affect Snap On's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Snap On's value and its price as these two are different measures arrived at by different means. Investors typically determine if Snap On is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Snap On's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.