Snap-on, Inc (NYSE: SNA) is 2.66% higher on its value in year-to-date trading and has touched a low of $252.98 and a high of $373.89 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SNA stock was last observed hovering at around $345.60 in the last trading session, with the day’s gains setting it 2.9%.
Currently trading at $348.50, the stock is 2.36% and -0.87% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.13 million and changing 0.84% at the moment leaves the stock 16.79% off its SMA200. SNA registered 23.14% gain for a year compared to 6-month gain of 28.82%. The firm has a 50-day simple moving average (SMA 50) of $351.5564 and a 200-day simple moving average (SMA200) of $298.39914.
The stock witnessed a -1.05% loss in the last 1 month and extending the period to 3 months gives it a 16.91%, and is 4.80% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.83% over the week and 1.66% over the month.
Snap-on, Inc (SNA) has around 13200 employees, a market worth around $18.29B and $5.10B in sales. Current P/E ratio is 17.94 and Fwd P/E is 17.27. Profit margin for the company is 20.40%. Distance from 52-week low is 37.76% and -6.79% from its 52-week high. The company has generated returns on investments over the last 12 months (15.50%).
with sales reaching $1.2B over the same period.The EPS is expected to grow by 3.26% this year, but quarterly earnings will post -0.27% year-over-year. Quarterly sales are estimated to grow 0.09% in year-over-year returns.
Snap-on, Inc (SNA) Top Institutional Holders
1246.0 institutions hold shares in Snap-on, Inc (SNA), with institutional investors hold 96.63% of the company’s shares. The shares outstanding are 52.51M, and float is at 51.40M with Short Float at 4.12%. Institutions hold 94.60% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 6.36 million shares valued at $1.66 billion. The investor’s holdings represent 12.0556% of the SNA Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 4.08 million shares valued at $1.07 billion to account for 7.7337 of the shares outstanding. The other top investors are STATE STREET CORP which holds 2.11 million shares representing 3.9918% and valued at over $550.31 million, while CHARLES SCHWAB INVESTMENT MANAGEMENT INC holds 3.1712 of the shares totaling 1.67 million with a market value of $437.18 million.
Snap-on, Inc (SNA) Insider Activity
The most recent transaction is an insider sale by Pagliari Aldo John, the company’s Sr VP – Finance & CFO. SEC filings show that Pagliari Aldo John sold 6,909 shares of the company’s common stock on Dec 18 ’24 at a price of $347.62 per share for a total of $2.4 million. Following the sale, the insider now owns 0.1 million shares.
Still, SEC filings show that on Dec 09 ’24, PINCHUK NICHOLAS T (Chairman, President and CEO) disposed off 21,783 shares at an average price of $354.83 for $7.73 million. The insider now directly holds 769,738 shares of Snap-on, Inc (SNA).
