Snap On Stock Performance
SNA Stock | USD 296.22 0.72 0.24% |
Snap On has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 1.09, which indicates a somewhat significant risk relative to the market. Snap On returns are very sensitive to returns on the market. As the market goes up or down, Snap On is expected to follow. Snap-On right now has a risk of 1.61%. Please validate Snap On information ratio, downside variance, day median price, as well as the relationship between the treynor ratio and kurtosis , to decide if Snap On will be following its existing price patterns.
Risk-Adjusted Performance
3 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Snap On are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, Snap On is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
Actual Historical Performance (%)
One Day Return (0.24) | Five Day Return 0.42 | Year To Date Return 2.59 | Ten Year Return 161.03 | All Time Return 3.2 K |
Forward Dividend Yield 0.0251 | Payout Ratio 0.3712 | Last Split Factor 3:2 | Forward Dividend Rate 7.44 | Dividend Date 2024-03-11 |
1 | Snap-on Incorporated Shares Sold by Prime Capital Investment Advisors LLC | 02/12/2024 |
2 | Exercise or conversion by Thomas Ward of 9528 shares of Snap On subject to Rule 16b-3 | 02/20/2024 |
3 | 4,176 Shares in Snap-on Incorporated Acquired by Ontario Teachers Pension Plan Board | 02/23/2024 |
4 | Disposition of 10000 shares by Aldo Pagliari of Snap On at 144.69 subject to Rule 16b-3 | 02/27/2024 |
5 | Acquisition by Aldo Pagliari of 10000 shares of Snap On at 144.69 subject to Rule 16b-3 | 02/29/2024 |
6 | Insider Sell Snap-on Inc CFO Aldo Pagliari Sells 7,522 Shares | 03/01/2024 |
7 | Snap-ons investors will be pleased with their respectable 98 percent return over the last five years | 03/04/2024 |
8 | Insider Sell Snap-on Inc Sr VP Chief Development Officer Anup Banerjee Sells ... | 03/05/2024 |
Snap On dividend paid on 11th of March 2024 | 03/11/2024 |
9 | Should You Buy Snap-On Inc in Tools Accessories Industry - InvestorsObserver | 03/14/2024 |
10 | Nike Beats Q3 Earnings and Revenue Estimates | 03/21/2024 |
11 | Disposition of 32500 shares by Nicholas Pinchuk of Snap On at 144.69 subject to Rule 16b-3 | 03/22/2024 |
12 | Is Snap-On Inc the Top Pick in the Tools Accessories Industry - InvestorsObserver | 03/25/2024 |
13 | Snap-on Reaches New 12-Month High at 298.49 - MarketBeat | 03/28/2024 |
Begin Period Cash Flow | 757.2 M |
Snap |
Snap On Relative Risk vs. Return Landscape
If you would invest 28,676 in Snap On on December 30, 2023 and sell it today you would earn a total of 946.00 from holding Snap On or generate 3.3% return on investment over 90 days. Snap On is generating 0.0664% of daily returns assuming volatility of 1.6074% on return distribution over 90 days investment horizon. In other words, 14% of stocks are less volatile than Snap, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
Risk |
Snap On Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Snap On's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Snap On, and traders can use it to determine the average amount a Snap On's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0413
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Estimated Market Risk
1.61 actual daily | 14 86% of assets are more volatile |
Expected Return
0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Snap On is performing at about 3% 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.
Snap On Fundamentals Growth
Snap Stock prices reflect investors' perceptions of the future prospects and financial health of Snap On, and Snap On fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Snap Stock performance.
Return On Equity | 0.22 | |||
Return On Asset | 0.12 | |||
Current Valuation | 15.93 B | |||
Shares Outstanding | 52.84 M | |||
Price To Earning | 14.71 X | |||
Price To Book | 3.09 X | |||
Price To Sales | 3.06 X | |||
Revenue | 5.11 B | |||
Gross Profit | 2.45 B | |||
EBITDA | 1.41 B | |||
Net Income | 1.01 B | |||
Cash And Equivalents | 757.2 M | |||
Cash Per Share | 14.28 X | |||
Debt To Equity | 0.29 % | |||
Current Ratio | 3.29 X | |||
Cash Flow From Operations | 1.15 B | |||
Earnings Per Share | 18.75 X | |||
Total Asset | 7.54 B | |||
Retained Earnings | 6.95 B | |||
Current Asset | 1.79 B | |||
About Snap On Performance
To evaluate Snap-On Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Snap On generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Snap Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Snap-On market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Snap's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Last Reported | Projected for 2024 | ||
Return On Capital Employed | 0.23 | 0.18 | |
Return On Assets | 0.12 | 0.07 | |
Return On Equity | 0.18 | 0.12 |
Things to note about Snap-On performance evaluation
Checking the ongoing alerts about Snap On for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Snap-On help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Over 89.0% of the company shares are owned by institutional investors | |
On 11th of March 2024 Snap On paid $ 1.86 per share dividend to its current shareholders | |
Latest headline from news.google.com: Snap-on Reaches New 12-Month High at 298.49 - MarketBeat |
- Analyzing Snap On's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Snap On's stock is overvalued or undervalued compared to its peers.
- Examining Snap On's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Snap On's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Snap On's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Snap On's stock. These opinions can provide insight into Snap On's potential for growth and whether the stock is currently undervalued or overvalued.
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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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 0.076 | Dividend Share 6.72 | Earnings Share 18.75 | Revenue Per Share 96.565 | Quarterly Revenue Growth 0.04 |
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.