Snap On Stock Today

SNA Stock  USD 269.63  1.73  0.65%   

Performance

0 of 100

 
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Odds Of Distress

Less than 6

 
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Low
Snap On is trading at 269.63 as of the 13th of July 2024, a 0.65 percent increase since the beginning of the trading day. The stock's open price was 267.9. Snap On has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Note, on March 6, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Snap On's common stock.
Business Domain
Capital Goods
IPO Date
1st of July 1985
Category
Industrials
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. The company has 52.72 M outstanding shares of which 2.24 M shares are at this time shorted by investors with about 10.1 days to cover. More on Snap On

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Snap Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanNicholas Pinchuk
Thematic Ideas
(View all Themes)
Business ConcentrationIndustrial Machinery & Supplies & Components, Tools & Accessories, Industrials, NYSE Composite, SP 500 Index, Housewares, Construction Materials, Industrials, Machinery, Tools & Accessories, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.06860.12
Way Down
Pretty Stable
Asset Turnover1.010.74
Significantly Up
Very volatile
Gross Profit Margin0.540.56
Sufficiently Down
Pretty Stable
Net Debt440.8 M279.8 M
Way Up
Pretty Stable
Total Current Liabilities625.5 M941.6 M
Way Down
Slightly volatile
Non Current Liabilities Total854.9 M1.5 B
Way Down
Slightly volatile
Total Assets7.9 B7.5 B
Sufficiently Up
Slightly volatile
Total Current Assets3.8 B3.7 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities1.2 B1.2 B
Sufficiently Up
Slightly volatile
Debt Levels
Snap On can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Snap On's financial leverage. It provides some insight into what part of Snap On's total assets is financed by creditors.
Liquidity
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.

Change To Inventory

24.46 Million
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. The company currently falls under 'Large-Cap' category with a total capitalization of 14.12 B. Snap On runs under Machinery sector within Industrials industry. The entity has 52.72 M outstanding shares of which 2.24 M shares are at this time shorted by investors with about 10.1 days to cover. Snap On has about 757.2 M in cash with 1.15 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 14.28.
Check Snap On Probability Of Bankruptcy
Ownership Allocation
Snap On shows a total of 52.72 Million outstanding shares. The majority of Snap On outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Snap On to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Snap On. Please pay attention to any change in the institutional holdings of Snap On as this could imply that something significant has changed or is about to change at the company. Please note that on March 6, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Snap On's common stock.
Check Snap Ownership Details

Snap Stock Institutional Holders

InstituionRecorded OnShares
Northern Trust Corp2024-03-31
715.6 K
Morgan Stanley - Brokerage Accounts2024-03-31
682.4 K
Lsv Asset Management2024-03-31
674.3 K
Bank Of America Corp2024-03-31
618.7 K
Confluence Investment Management Llc2024-03-31
585.5 K
Amvescap Plc.2024-03-31
564.9 K
Norges Bank2023-12-31
504.3 K
Legal & General Group Plc2024-03-31
472.5 K
Bank Of New York Mellon Corp2024-03-31
460 K
Vanguard Group Inc2024-03-31
6.4 M
Blackrock Inc2024-03-31
4.3 M
View Snap On Diagnostics

Snap On Historical Income Statement

At present, Snap On's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 1.4 B, whereas Depreciation And Amortization is forecasted to decline to about 66.8 M. View More Fundamentals

Snap Stock Against Markets

Snap On Corporate Directors

William LehmanIndependent DirectorProfile
Nathan JonesIndependent DirectorProfile
Karen DanielIndependent DirectorProfile
David AdamsIndependent DirectorProfile

Additional Information and Resources on Investing in Snap Stock

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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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
0.067
Dividend Share
6.96
Earnings Share
19.07
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.