SNA

Company Overview and Earnings Expectations: Snap-on Incorporated, a leading manufacturer of high-end tools with a market cap of $17.9 billion, is set to release its Q1 earnings on April 17, expecting a profit of $4.82 per share, reflecting a 1.5% increase from the previous year.

Stock Performance and Analyst Ratings: Over the past year, Snap-on's shares have risen by 11.9%, outperforming the S&P 500 Index; analysts maintain a "Moderate Buy" consensus rating, with an average price target of $355.57, indicating an 8.6% premium over current prices.

Analyst Ratings Overview: Recent evaluations of Snap-on by five analysts show a mix of bullish and somewhat bullish sentiments, with an average 12-month price target of $370.00, reflecting a slight increase from previous targets.

Financial Performance Insights: Snap-on demonstrates strong profitability with a net margin of 21.53% and effective asset utilization (ROA of 3.26%), although its return on equity (ROE) is below industry averages, indicating potential challenges in capital efficiency.

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Company Overview: Snap-on Incorporated, with a market cap of $17.6 billion, is a leading manufacturer of professional tools and equipment, serving various industries while offering financing programs to support its franchise business.

Stock Performance: Despite a recent decline in share price and cautious analyst ratings, Snap-on has outperformed its competitor Stanley Black & Decker over the past year, with a 12.9% gain compared to SPX's 8.5% return.

Company Overview: Stanley Black & Decker, Inc. (SWK), valued at $12.1 billion, is a major player in the tools and accessories industry, known for brands like DEWALT and Craftsman, but has seen a significant decline in stock performance over the past year.

Financial Performance: Despite better-than-expected Q4 earnings, SWK's stock has underperformed compared to its sector and rivals, leading to a consensus rating of "Moderate Buy" from analysts with a suggested price target indicating potential growth.

Investment Analysis of SNAP-ON INC: SNAP-ON INC (SNA) has received an 81% rating from Validea's Multi-Factor Investor model, indicating strong interest based on its low volatility, momentum, and high net payout yields, particularly in the Appliance & Tool industry.

Pim van Vliet's Investment Strategy: Pim van Vliet, head of Conservative Equities at Robeco Asset Management, emphasizes that low volatility stocks can outperform high volatility ones with less risk, a principle reflected in his investment strategy and research.

Upcoming Investor Conferences: Snap-on Incorporated's CEO Nick Pinchuk and CFO Aldo Pagliari will present at the 37th Annual Roth Conference in California on March 17, 2025, and the Bank of America Global Industrials Conference in London on March 18, 2025. Live audio webcasts will be available on their Investor Events page.

Company Overview: Founded in 1920, Snap-on is a leading global manufacturer of tools and equipment for professional users across various industries, generating $4.7 billion in sales in 2024 and headquartered in Kenosha, Wisconsin.

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Price Target Increase: Tigress Financial raised Snap-On's price target to $390 from $385 while maintaining a Buy rating, citing benefits from vehicle complexity and an aging fleet that drive innovation and revenue growth.

Market Opportunities: Snap-On is well-positioned to capitalize on emerging opportunities in aviation and power generation with its precision torque wrenches and measurement equipment, which are essential for high safety standards.

SNAP-ON INC Performance: SNAP-ON INC (SNA) has received a high rating of 93% from Validea's Multi-Factor Investor model, indicating strong interest based on its fundamentals and valuation in the Appliance & Tool industry.

Pim van Vliet's Strategy: The investment strategy developed by Pim van Vliet focuses on low volatility stocks that demonstrate strong momentum and high net payout yields, suggesting that such stocks can outperform higher volatility counterparts with less risk.

Performance Overview: The Quiver Shelley Moore Capito Strategy, which tracks stocks held by Congressmember Shelley Moore Capito, has achieved a 10.25% CAGR since inception and shows varying returns across different time frames, including a 14.50% return over the past year.

Recent Position Changes: Recent rebalancing revealed significant changes in stock positions, with notable increases in MSFT (+8.34%) and AAPL (+3.43%), while UBSI saw a substantial decrease (-17.75%).

Dividend Announcement: Snap-on Incorporated's board declared a quarterly dividend of $2.14 per share, payable on March 10, 2025, marking an uninterrupted cash dividend payment since 1939.

Company Overview: Founded in 1920 and headquartered in Kenosha, Wisconsin, Snap-on is a leading manufacturer of tools and equipment for various professional sectors, generating $4.7 billion in sales in 2024.

Insider Trading Activity: Jesus Arregui, Sr VP & President of $SNA, sold 3,149 shares for approximately $1.06 million, representing 92.5% of his holdings in that class of stock, leaving him with only 257 shares. In the past six months, there have been 37 insider sales and no purchases of $SNA stock.

Institutional Investor Movements: In the latest quarter, 418 institutional investors increased their positions in $SNA while 411 reduced theirs, indicating mixed sentiment among institutional stakeholders regarding the company's stock.

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Community of Serious Traders: Over 10,000 traders are part of the Benzinga Pro community, benefiting from accurate market intelligence and timely updates.

NASDAQ 100 After Hours Performance: The NASDAQ 100 is down -7.78 to 21,748.95 with a total after-hours volume of 150,513,475 shares traded, featuring notable declines in stocks like Intel and Apple, while Palantir Technologies saw an increase.

Stock Recommendations: Several companies including Pinterest, NVIDIA, and Microsoft are currently rated within the "buy range" according to Zacks, while other stocks like Pfizer and Warner Bros. Discovery are trading below their target prices.

Analyst Ratings and Price Targets: Gary Prestopino from Barrington maintains a Buy rating on Snap-on (SNA) with a price target of $360.00, while Roth MKM also reiterated a Buy rating with a higher target of $393.00. The overall analyst consensus suggests a Moderate Buy with an average price target of $376.50.

Insider Activity and Market Sentiment: Recent insider activity indicates negative sentiment towards Snap-on, with 66 insiders selling shares recently, including a significant sale by the VP & CIO in December 2024. Despite this, the stock has shown a one-year high of $373.90 and a low of $252.98.

Fourth Quarter Results: Snap-On Inc. reported fourth-quarter net sales of $1.1987 billion, a slight increase from the previous year, with gross profit rising to $596.1 million and EPS at $4.82, surpassing estimates.

Future Outlook: The company anticipates continued growth in 2025, focusing on automotive repair and expansion into new markets, while shares fell by 3.16% following the earnings report.

Conference Call Announcement: Snap-On Inc. will hold a conference call on February 6, 2025, at 10:00 AM ET to discuss its Q4 24 earnings results.

Webcast Access: Interested parties can access the live webcast of the conference call through Snap-On's investor events page.

Fourth Quarter Financial Results: Snap-on Incorporated reported a slight increase in net sales for Q4 2024 at $1,198.7 million, with operating earnings before financial services rising to $265.2 million, reflecting a strong performance despite challenges such as unfavorable foreign currency translation.

Full Year Performance and Outlook: For the full year 2024, Snap-on's net sales decreased by 0.5% to $4,707.4 million, but net earnings increased to $1,043.9 million. The company anticipates continued growth in 2025, focusing on enhancing its product development and expanding into critical industries.

Earnings Performance: Snap-On Inc. reported fourth-quarter earnings of $258.1 million, or $4.82 per share, surpassing last year's earnings of $255.3 million and beating analyst expectations of $4.79 per share.

Revenue Growth: The company's revenue increased slightly by 0.2% to $1.198 billion compared to $1.196 billion in the same period last year.