Is Snap On Stock a Good Investment?
Snap On Investment Advice | SNA |
- Examine Snap On's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Snap On's leadership team and their track record. Good management can help Snap On navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Industrial Machinery & Supplies & Components space and any emerging trends that could impact Snap On's business and its evolving consumer preferences.
- Compare Snap On's performance and market position to its competitors. Analyze how Snap On is positioned in terms of product offerings, innovation, and market share.
- Check if Snap On pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Snap On's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Snap On stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Snap On is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Snap On Stock
Researching Snap On's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 95.0% of the company shares are owned by institutional investors. The book value of Snap On was at this time reported as 102.98. The company has Price/Earnings To Growth (PEG) ratio of 2.39. Snap On recorded earning per share (EPS) of 19.52. The entity last dividend was issued on the 24th of February 2025. The firm had 3:2 split on the 11th of September 1996.
To determine if Snap On is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Snap On's research are outlined below:
| Snap On generated a negative expected return over the last 90 days | |
| Snap On has a strong financial position based on the latest SEC filings | |
| Over 95.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Decoding Snap-on Inc A Strategic SWOT Insight |
Snap On Quarterly Gross Profit |
|
Snap On uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Snap On. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Snap On's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 18th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 8th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Snap On's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Snap On's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2005-10-25 | 2005-09-30 | 0.4 | 0.36 | -0.04 | 10 | ||
2005-02-03 | 2004-12-31 | 0.38 | 0.42 | 0.04 | 10 | ||
2006-10-23 | 2006-09-30 | 0.43 | 0.48 | 0.05 | 11 | ||
2005-04-21 | 2005-03-31 | 0.26 | 0.31 | 0.05 | 19 | ||
2004-02-04 | 2003-12-31 | 0.36 | 0.3 | -0.06 | 16 | ||
2009-07-31 | 2009-06-30 | 0.58 | 0.65 | 0.07 | 12 | ||
2005-07-27 | 2005-06-30 | 0.39 | 0.46 | 0.07 | 17 | ||
2004-04-22 | 2004-03-31 | 0.29 | 0.22 | -0.07 | 24 |
Snap On Target Price Consensus
Snap target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Snap On's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 12 | Hold |
Most Snap analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Snap stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Snap On, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationSnap On Target Price Projection
Snap On's current and average target prices are 338.92 and 330.88, respectively. The current price of Snap On is the price at which Snap On is currently trading. On the other hand, Snap On's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Snap On Market Quote on 16th of February 2025
Target Price
Analyst Consensus On Snap On Target Price
Snap On Analyst Ratings
Snap On's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Snap On stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Snap On's financials, market performance, and future outlook by experienced professionals. Snap On's historical ratings below, therefore, can serve as a valuable tool for investors.Know Snap On's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Snap On is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Snap On backward and forwards among themselves. Snap On's institutional investor refers to the entity that pools money to purchase Snap On's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Envestnet Asset Management Inc | 2024-09-30 | 743.8 K | Regions Financial Corp | 2024-09-30 | 725.4 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 702.9 K | Northern Trust Corp | 2024-09-30 | 652.4 K | Amvescap Plc. | 2024-09-30 | 635.3 K | Mawer Investment Management Ltd | 2024-09-30 | 634 K | Bank Of America Corp | 2024-09-30 | 632.8 K | Lsv Asset Management | 2024-09-30 | 539.2 K | Confluence Investment Management Llc | 2024-12-31 | 530.4 K | Vanguard Group Inc | 2024-09-30 | 6.4 M | Blackrock Inc | 2024-09-30 | 4.1 M |
Snap On's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 17.76 B.Market Cap |
|
Snap On's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.16 | 0.09 | |
| Return On Capital Employed | 0.20 | 0.18 | |
| Return On Assets | 0.13 | 0.07 | |
| Return On Equity | 0.20 | 0.12 |
Determining Snap On's profitability involves analyzing its financial statements and using various financial metrics to determine if Snap On is a good buy. For example, gross profit margin measures Snap On's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Snap On's profitability and make more informed investment decisions.
Snap On's Earnings Breakdown by Geography
Please note, the presentation of Snap On's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Snap On's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Snap On's management manipulating its earnings.
Evaluate Snap On's management efficiency
Snap On has Return on Asset of 0.1129 % which means that on every $100 spent on assets, it made $0.1129 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2034 %, implying that it generated $0.2034 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 February 16, 2025, Return On Tangible Assets is expected to decline to 0.09. 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 Intangible Assets are forecasted to decline to about 241 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 84.65 | 88.88 | |
| Tangible Book Value Per Share | 59.82 | 62.81 | |
| Enterprise Value Over EBITDA | 9.36 | 9.34 | |
| Price Book Value Ratio | 2.71 | 2.04 | |
| Enterprise Value Multiple | 9.36 | 9.34 | |
| Price Fair Value | 2.71 | 2.04 | |
| Enterprise Value | 1.4 B | 2.2 B |
Leadership effectiveness at Snap On is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Basic technical analysis of Snap Stock
As of the 16th of February 2025, Snap On has the Variance of 1.13, coefficient of variation of (1,447), and Risk Adjusted Performance of (0.05). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Snap On, as well as the relationship between them.Snap On's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Snap On insiders, such as employees or executives, is commonly permitted as long as it does not rely on Snap On's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Snap On insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Snap On's Outstanding Corporate Bonds
Snap On issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Snap On uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Snap bonds can be classified according to their maturity, which is the date when Snap On has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| US833034AM32 Corp BondUS833034AM32 | View | |
| SNAP ON INC Corp BondUS833034AK75 | View | |
| SNAP ON INC Corp BondUS833034AL58 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View |
Understand Snap On's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Snap On's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (0.10) | |||
| Mean Deviation | 0.7498 | |||
| Coefficient Of Variation | (1,447) | |||
| Standard Deviation | 1.06 | |||
| Variance | 1.13 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.11) | |||
| Maximum Drawdown | 6.57 | |||
| Value At Risk | (1.27) | |||
| Potential Upside | 1.63 | |||
| Skewness | (1.05) | |||
| Kurtosis | 4.4 |
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (0.10) | |||
| Mean Deviation | 0.7498 | |||
| Coefficient Of Variation | (1,447) | |||
| Standard Deviation | 1.06 | |||
| Variance | 1.13 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.11) | |||
| Maximum Drawdown | 6.57 | |||
| Value At Risk | (1.27) | |||
| Potential Upside | 1.63 | |||
| Skewness | (1.05) | |||
| Kurtosis | 4.4 |
Consider Snap On's intraday indicators
Snap On intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Snap On stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Snap On Corporate Filings
10K | 13th of February 2025 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
F4 | 11th of February 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 6th of February 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
ASR | 6th of December 2024 Automatic Shelf Registration Statement under Rule 415 filed with the U.S. Securities and Exchange Commission (SEC) | ViewVerify |
Snap Stock media impact
Far too much social signal, news, headlines, and media speculation about Snap On that are available to investors today. That information is available publicly through Snap media outlets and privately through word of mouth or via Snap internal channels. However, regardless of the origin, that massive amount of Snap data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Snap On news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Snap On relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Snap On's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Snap On alpha.
Snap On Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Snap On can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Snap On Historical Investor Sentiment
Investor biases related to Snap On's public news can be used to forecast risks associated with an investment in Snap. The trend in average sentiment can be used to explain how an investor holding Snap can time the market purely based on public headlines and social activities around Snap On. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Snap On's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Snap On and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Snap On news discussions. The higher the estimate score, the more favorable the investor's outlook on Snap On.
Snap On Maximum Pain Price Across March 21st 2025 Option Contracts
Snap On's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Snap On close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Snap On's options.
Snap On Corporate Directors
| William Lehman | Independent Director | Profile | |
| Nathan Jones | Independent Director | Profile | |
| Karen Daniel | Independent Director | Profile | |
| David Adams | Independent Director | Profile |
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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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 0.014 | Dividend Share 7.72 | Earnings Share 19.52 | Revenue Per Share | Quarterly Revenue Growth 0.004 |
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.
In summary, please note that there is a difference between Snap On's value and its price, as these two are different measures arrived at by various 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.