Snap On Stock Price on May 1, 2024
| SNA Stock | USD 279.12 0.81 0.29% |
Below is the normalized historical share price chart for Snap On extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Snap On stands at 279.12, as last reported on the 15th of May 2024, with the highest price reaching 279.12 and the lowest price hitting 279.12 during the day.
If you're considering investing in Snap Stock, it is important to understand the factors that can impact its price. We consider Snap On very steady. Snap On owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0576, which indicates the firm had a 0.0576% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Snap On, which you can use to evaluate the volatility of the company. Please validate Snap On's Semi Deviation of 1.54, coefficient of variation of 1240.4, and Risk Adjusted Performance of 0.0556 to confirm if the risk estimate we provide is consistent with the expected return of 0.079%.
At present, Snap On's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 7.9 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 47.5 M. . At present, Snap On's Price Earnings Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 19.44, whereas Price To Sales Ratio is forecasted to decline to 1.30. Snap Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of July 1985 | 200 Day MA 274.5924 | 50 Day MA 284.1122 | Beta 0.999 |
Snap |
Sharpe Ratio = 0.0576
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| Cash | Small Risk | SNA | High Risk | Huge Risk |
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Estimated Market Risk
| 1.37 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Snap On is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Snap On by adding it to a well-diversified portfolio.
Price Book 3.0172 | Enterprise Value Ebitda 10.5457 | Price Sales 2.9953 | Shares Float 51.6 M | Dividend Share 6.96 |
Snap On Main Headline on 1st of May 2024
Is Snap-on Incorporated Trading At A 23 percent Discount by simplywall.st
Key Insights Snap-ons estimated fair value is US346 based on 2 Stage Free Cash Flow to Equity Snap-on is estimated to...
Snap On Valuation on May 1, 2024
It is possible to determine the worth of Snap On on a given historical date. On May 1, 2024 Snap was worth 268.34 at the beginning of the trading date compared to the closed value of 267.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Snap On stock. Still, in general, we apply an absolute valuation method to find Snap On's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Snap On where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Snap On's related companies.
| Open | High | Low | Close | Volume | |
| 270.70 | 272.18 | 267.30 | 267.96 | 325,764 | |
05/01/2024 | 268.34 | 270.86 | 267.54 | 267.74 | 358,756 |
| 268.56 | 268.56 | 266.51 | 266.87 | 339,520 |
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Snap On Trading Date Momentum on May 1, 2024
| On May 02 2024 Snap On was traded for 266.87 at the closing time. Highest Snap On's price during the trading hours was 268.56 and the lowest price during the day was 266.51 . The net volume was 339.5 K. The overall trading history on the 2nd of May contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.32% . The trading price change to current price is 5.25% . |
Snap On Fundamentals Correlations and Trends
By evaluating Snap On's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Snap On's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Snap financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Snap On Stock history
Snap On investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Snap is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Snap On will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Snap On stock prices may prove useful in developing a viable investing in Snap On
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 53.9 M | 47.5 M | |
| Net Income Applicable To Common Shares | 1 B | 1.1 B |
Snap On Quarterly Net Working Capital |
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Snap On Stock Technical Analysis
Snap On technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Snap On Period Price Range
Low | May 1, 2024
| High |
268.34 | 267.74 |
Snap On May 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Snap On stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Snap On shares will generate the highest return on investment. By undertsting and applying Snap On stock market strength indicators, traders can identify Snap On entry and exit signals to maximize returns
| Accumulation Distribution | 4397.36 | |||
| Daily Balance Of Power | (0.18) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 269.2 | |||
| Day Typical Price | 268.71 | |||
| Price Action Indicator | (1.76) | |||
| Period Momentum Indicator | 11.38 |
Snap On Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Snap On's price direction in advance. Along with the technical and fundamental analysis of Snap Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Snap to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0556 | |||
| Jensen Alpha | 0.0206 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0185 | |||
| Treynor Ratio | 0.0906 |
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| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
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| Volume Indicators |
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 tightly coupled 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.
Complementary Tools for Snap Stock analysis
When running Snap On's price analysis, check to measure Snap On's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Snap On is operating at the current time. Most of Snap On's value examination focuses on studying past and present price action to predict the probability of Snap On's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Snap On's price. Additionally, you may evaluate how the addition of Snap On to your portfolios can decrease your overall portfolio volatility.
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Is Snap On's industry 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 0.067 | Dividend Share 6.96 | Earnings Share 19.06 | Revenue Per Share 96.811 | Quarterly Revenue Growth 0.005 |
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.