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Snap On Earnings Estimate

SNA Stock  USD 273.59  2.25  0.83%   
The next projected EPS of Snap On is estimated to be 4.9 with future projections ranging from a low of 4.63 to a high of 5.03. Snap On's most recent 12-month trailing earnings per share (EPS TTM) is at 19.08. Please be aware that the consensus of earnings estimates for Snap On is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Snap On is projected to generate 4.9 in earnings per share on the 30th of June 2024. Snap On earnings estimates module stress-tests analyst consensus about projected Snap On EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Many public companies, such as Snap On, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Snap On's earnings estimates, investors can diagnose different trends across Snap On's analyst sentiment over time as well as compare current estimates against different timeframes. At present, Snap On's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Pretax Profit Margin is expected to grow to 0.25, whereas Gross Profit Margin is forecasted to decline to 0.54.
  
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.

Snap On Earnings Estimation Breakdown

The calculation of Snap On's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Snap On is estimated to be 4.9 with the future projection ranging from a low of 4.63 to a high of 5.03. Please be aware that this consensus of annual earnings estimates for Snap On is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
4.75
4.63
Lowest
Expected EPS
4.9
5.03
Highest

Snap On Earnings Projection Consensus

Suppose the current estimates of Snap On's value are higher than the current market price of the Snap On stock. In this case, investors may conclude that Snap On is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Snap On's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 30th of June 2024Current EPS (TTM)
994.86%
4.75
4.9
19.08

Snap On Earnings History

Earnings estimate consensus by Snap On analysts from Wall Street is used by the market to judge Snap On's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Snap On's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Snap On Quarterly Gross Profit

665 Million

At present, Snap On's Retained Earnings are projected to increase significantly based on the last few years of reporting. The current year's Price Earnings Ratio is expected to grow to 12.60, whereas Retained Earnings Total Equity is forecasted to decline to about 4 B. The current year's Net Income Applicable To Common Shares is expected to grow to about 1.1 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 47.5 M.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Snap On's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
271.65273.53275.41
Details
Intrinsic
Valuation
LowRealHigh
268.95270.83300.95
Details
Naive
Forecast
LowNextHigh
264.98266.86268.74
Details
13 Analysts
Consensus
LowTargetHigh
241.67265.57294.78
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Snap On. Your research has to be compared to or analyzed against Snap On's peers to derive any actionable benefits. When done correctly, Snap On's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Snap On. Note that many institutional investors and large investment bankers can move markets due to the volume of Snap assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Snap On. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Snap On's stock price in the short term.

Snap On Earnings per Share Projection vs Actual

Actual Earning per Share of Snap On refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Snap On predict the company's earnings will be in the future. The higher the earnings per share of Snap On, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Snap On Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Snap On, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Snap On should always be considered in relation to other companies to make a more educated investment decision.

Snap Quarterly Analyst Estimates and Surprise Metrics

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.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-04-18
2024-03-314.644.750.11
2024-02-08
2023-12-314.664.750.09
2023-10-19
2023-09-304.444.510.07
2023-07-20
2023-06-304.584.890.31
2023-04-20
2023-03-314.154.60.4510 
2023-02-02
2022-12-314.24.420.22
2022-10-20
2022-09-303.864.140.28
2022-07-21
2022-06-303.954.270.32
2022-04-21
2022-03-313.664.00.34
2022-02-03
2021-12-313.694.10.4111 
2021-10-21
2021-09-303.383.570.19
2021-07-22
2021-06-303.223.760.5416 
2021-04-22
2021-03-313.063.50.4414 
2021-02-04
2020-12-312.953.840.8930 
2020-10-22
2020-09-302.163.281.1251 
2020-07-31
2020-06-301.831.910.08
2020-04-21
2020-03-312.72.6-0.1
2020-02-06
2019-12-313.083.080.0
2019-10-17
2019-09-302.942.960.02
2019-07-18
2019-06-303.213.220.01
2019-04-18
2019-03-312.93.010.11
2019-02-07
2018-12-313.023.030.01
2018-10-18
2018-09-302.862.880.02
2018-07-19
2018-06-302.953.110.16
2018-04-19
2018-03-312.722.790.07
2018-02-08
2017-12-312.662.690.03
2017-10-19
2017-09-302.422.450.03
2017-07-20
2017-06-302.552.60.05
2017-04-20
2017-03-312.362.390.03
2017-02-02
2016-12-312.412.470.06
2016-10-20
2016-09-302.152.220.07
2016-07-21
2016-06-302.232.360.13
2016-04-21
2016-03-312.092.160.07
2016-02-04
2015-12-312.182.220.04
2015-10-22
2015-09-301.941.980.04
2015-07-23
2015-06-3022.030.03
2015-04-23
2015-03-311.821.870.05
2015-02-05
2014-12-311.811.970.16
2014-10-16
2014-09-301.621.760.14
2014-07-17
2014-06-301.681.80.12
2014-04-17
2014-03-311.541.620.08
2014-02-06
2013-12-311.561.60.04
2013-10-17
2013-09-301.421.430.01
2013-07-18
2013-06-301.461.50.04
2013-04-18
2013-03-311.341.40.06
2013-02-07
2012-12-311.381.430.05
2012-10-18
2012-09-301.231.260.03
2012-07-19
2012-06-301.21.30.1
2012-04-19
2012-03-311.161.210.05
2012-02-02
2011-12-311.171.270.1
2011-10-20
2011-09-301.031.050.02
2011-07-21
2011-06-301.081.140.06
2011-04-21
2011-03-310.920.960.04
2011-02-03
2010-12-310.90.990.0910 
2010-10-22
2010-09-300.680.80.1217 
2010-07-23
2010-06-300.750.780.03
2010-04-20
2010-03-310.520.630.1121 
2010-02-04
2009-12-310.550.630.0814 
2009-10-29
2009-09-300.310.440.1341 
2009-07-31
2009-06-300.580.650.0712 
2009-04-22
2009-03-310.580.60.02
2009-02-04
2008-12-3111.010.01
2008-10-23
2008-09-300.860.940.08
2008-07-24
2008-06-301.061.150.09
2008-04-22
2008-03-310.810.970.1619 
2008-01-30
2007-12-310.820.980.1619 
2007-10-23
2007-09-300.670.70.03
2007-07-24
2007-06-300.740.90.1621 
2007-04-24
2007-03-310.530.660.1324 
2007-01-31
2006-12-310.510.590.0815 
2006-10-23
2006-09-300.430.480.0511 
2006-07-25
2006-06-300.490.60.1122 
2006-04-28
2006-03-310.280.370.0932 
2006-02-01
2005-12-310.380.470.0923 
2005-10-25
2005-09-300.40.36-0.0410 
2005-07-27
2005-06-300.390.460.0717 
2005-04-21
2005-03-310.260.310.0519 
2005-02-03
2004-12-310.380.420.0410 
2004-10-27
2004-09-300.370.390.02
2004-07-29
2004-06-300.420.38-0.04
2004-04-22
2004-03-310.290.22-0.0724 
2004-02-04
2003-12-310.360.3-0.0616 
2003-10-22
2003-09-300.310.3-0.01
2003-07-23
2003-06-300.380.380.0
2003-04-22
2003-03-310.380.37-0.01
2003-01-22
2002-12-310.50.50.0
2002-10-22
2002-09-300.330.350.02
2002-07-25
2002-06-300.510.510.0
2002-04-23
2002-03-310.440.440.0
2002-01-29
2001-12-310.510.520.01
2001-10-23
2001-09-300.40.410.01
2001-07-24
2001-06-300.40.40.0
2001-04-24
2001-03-310.540.51-0.03
2001-02-01
2000-12-310.640.660.02
2000-10-24
2000-09-300.460.460.0
2000-07-25
2000-06-300.770.75-0.02
2000-04-25
2000-03-310.610.58-0.03
2000-02-03
1999-12-310.770.76-0.01
1999-10-21
1999-09-300.620.620.0
1999-07-21
1999-06-300.650.650.0
1999-04-22
1999-03-310.560.570.01
1999-02-03
1998-12-310.580.55-0.03
1998-10-22
1998-09-300.380.380.0
1998-07-23
1998-06-300.370.380.01
1998-04-22
1998-03-310.560.560.0
1998-01-29
1997-12-310.690.68-0.01
1997-10-16
1997-09-300.580.580.0
1997-07-17
1997-06-300.640.640.0
1997-04-17
1997-03-310.560.560.0
1997-01-29
1996-12-310.580.60.02
1996-10-15
1996-09-300.50.510.01
1996-07-16
1996-06-300.560.570.01
1996-04-15
1996-03-310.480.490.01

About Snap On Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Snap On earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Snap On estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Snap On fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for Next Year
Retained Earnings6.9 B7.3 B
Retained Earnings Total Equity7.2 BB
Earnings Yield 0.07  0.05 
Price Earnings Ratio 12.00  12.60 
Price Earnings To Growth Ratio 0.95  0.65 

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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 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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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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
19.08
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.