Market Summary
USD237.25+0.89
Market Closed0.38%
SNA Alerts
SNA Stock Price
SNA RSI Chart
SNA Valuation
SNA Price/Sales (Trailing)
SNA Profitability
SNA Fundamentals
SNA Revenue
SNA Earnings
Price Action
52 Week Range
187.61259.78
(Low)(High)
Last 7 days
-4.3%
Last 30 days
-7.4%
Last 90 days
2.6%
Trailing 12 Months
19.0%
SNA Financial Health
SNA Investor Care
Peers (Alternatives to Snap-On)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
DE | 116.4B | 55.7B | -5.98% | 1.14% | 14.22 | 2.09 | 25.13% | 45.08% |
CMI | 32.7B | 28.1B | -7.37% | 18.51% | 14.99 | 1.17 | 16.87% | 0.88% |
DOV | 20.1B | 8.5B | -9.87% | -7.45% | 18.83 | 2.36 | 7.60% | -5.20% |
SNA | 12.6B | 4.8B | -7.36% | 18.99% | 13.84 | 2.61 | 5.23% | 11.12% |
SWK | 11.6B | 16.9B | -10.60% | -44.87% | 8.3 | 0.68 | 10.90% | -89.32% |
| MID-CAP | ||||||||
LECO | 9.4B | 3.8B | -6.26% | 27.12% | 19.86 | 2.49 | 16.30% | 70.81% |
WTS | 5.5B | 2.0B | -8.25% | 13.14% | 21.78 | 2.77 | 9.41% | 51.78% |
GTLS | 5.0B | 1.6B | -10.22% | -25.56% | 208.36 | 3.1 | 22.36% | -59.93% |
JBT | 3.4B | 2.2B | -6.48% | -6.64% | 25.64 | 1.55 | 15.93% | 10.39% |
KMT | 2.2B | 2.0B | -6.48% | -5.13% | 16.92 | 1.06 | 3.22% | 2.22% |
| SMALL-CAP | ||||||||
TRS | 1.2B | 883.8M | -9.51% | -13.58% | 17.54 | 1.31 | 3.12% | 15.46% |
OFLX | 1.1B | 130.1M | -7.57% | -12.65% | 44.6 | 8.58 | 3.13% | -2.87% |
CMCO | 1.0B | 935.8M | -3.82% | -14.83% | 22.16 | 1.1 | 11.48% | 69.08% |
EML | 103.3M | 279.3M | -27.40% | -32.41% | 8.4 | 0.37 | 13.28% | 31.58% |
SCX | 79.2M | 258.1M | 0.59% | 44.10% | 6.9 | 0.31 | 7.99% | 18.99% |
Financials for Snap-On
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 1.0% | 4,843 | 4,794 | 4,729 | 4,674 | 4,602 |
| R&D Expenses | - | 61.00 | - | - | - | - |
| EBITDA | 1.4% | 1,321 | 1,304 | 1,278 | 1,276 | - |
| EBITDA Margin | 0.3% | 0.27* | 0.27* | 0.27* | 0.27* | - |
| Earnings Before Taxes | 1.6% | 1,203 | 1,184 | 1,155 | 1,121 | 1,087 |
| EBT Margin | 0.5% | 0.25* | 0.25* | 0.24* | 0.24* | - |
| Interest Expenses | 1.5% | 47.00 | 46.00 | 48.00 | 50.00 | 53.00 |
| Net Income | 1.7% | 912 | 897 | 869 | 845 | 821 |
| Net Income Margin | 0.7% | 0.19* | 0.19* | 0.18* | 0.18* | - |
| Free Cahsflow | -1.8% | 675 | 687 | 744 | 841 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 2.0% | 6,973 | 6,836 | 6,864 | 6,895 | 6,760 |
| Current Assets | 3.0% | 3,369 | 3,270 | 3,231 | 3,236 | 3,053 |
| Cash Equivalents | -0.3% | 757 | 759 | 813 | 861 | 780 |
| Inventory | 8.2% | 1,033 | 955 | 893 | 864 | 804 |
| Goodwill | 3.4% | 1,045 | 1,011 | 1,046 | 1,078 | 1,117 |
| Liabilities | -1.1% | 2,469 | 2,496 | 2,518 | 2,575 | 2,556 |
| Current Liabilities | -2.2% | 972 | 994 | 986 | 1,024 | 982 |
| LT Debt, Non Current | 0.0% | 1,184 | 1,184 | 1,183 | 1,183 | 1,183 |
| Shareholder's Equity | 3.8% | 4,481 | 4,317 | 4,347 | 4,321 | 4,182 |
| Retained Earnings | 2.5% | 6,296 | 6,144 | 5,996 | 5,841 | 5,700 |
| Additional Paid-In Capital | 1.3% | 500 | 494 | 488 | 475 | 473 |
| Shares Outstanding | -0.2% | 53.00 | 53.00 | 53.00 | - | - |
| Minority Interest | -0.4% | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | -1.8% | 675 | 687 | 744 | 841 | 967 |
| Share Based Compensation | 0.9% | 34.00 | 34.00 | 35.00 | 38.00 | 41.00 |
| Cashflow From Investing | -27.2% | -206 | -162 | -133 | -89.80 | -290 |
| Cashflow From Financing | 1.7% | -485 | -493 | -758 | -794 | -818 |
| Dividend Payments | 3.3% | 313 | 303 | 294 | 285 | 276 |
| Buy Backs | -4.9% | 198 | 208 | 225 | 308 | 431 |
Risks for SNA
What is the probability of a big loss on SNA?
49.6%
Probability that Snap-On stock will be more than 20% underwater in next one year
19.2%
Probability that Snap-On stock will be more than 30% underwater in next one year.
18.5%
Probability that Snap-On stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does SNA drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Snap-On was unfortunately bought at previous high price.
Drawdowns
Returns for SNA
Cumulative Returns on SNA
13.5%
10-Year Cumulative Returns
8.5%
7-Year Cumulative Returns
11.8%
5-Year Cumulative Returns
26.3%
3-Year Cumulative Returns
What are the long-term rolling returns for SNA?
FIve years rolling returns for Snap-On.
Annualized Returns
Which funds bought or sold SNA recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-15 | B. Riley Wealth Advisors, Inc. | added | 16.75 | 114,758 | 469,758 | 0.01% |
2023-03-13 | Claro Advisors LLC | added | 34.6 | 215,929 | 600,929 | 0.20% |
2023-03-10 | BAILLIE GIFFORD & CO | unchanged | - | 2,650 | 19,650 | -% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | added | 3.22 | 8,988,920 | 61,467,900 | 0.07% |
2023-03-06 | Rockefeller Capital Management L.P. | added | 1.54 | 323,000 | 2,451,000 | 0.01% |
2023-03-03 | TIAA, FSB | reduced | -9.62 | 39,831 | 1,597,830 | 0.01% |
2023-03-01 | Regal Investment Advisors LLC | added | 0.08 | 33,790 | 283,790 | 0.03% |
2023-02-28 | Voya Investment Management LLC | reduced | -14.01 | -307,899 | 12,382,100 | 0.02% |
2023-02-24 | National Pension Service | unchanged | - | 510,894 | 4,536,900 | 0.01% |
2023-02-24 | NATIXIS | reduced | -22.99 | -94,459 | 647,541 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
SNA Alerts
Snap-On News
Schedule 13G FIlings of Snap-On
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 09, 2023 | vanguard group inc | 12.47% | 6,628,609 | SC 13G/A | |
| Jan 25, 2023 | blackrock inc. | 9.0% | 4,759,125 | SC 13G/A | |
| Feb 10, 2022 | vanguard group inc | 11.81% | 6,321,416 | SC 13G/A | |
| Feb 01, 2022 | blackrock inc. | 8.9% | 4,766,070 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 11.55% | 6,262,228 | SC 13G/A | |
| Feb 03, 2021 | managed account advisors llc | 2.6% | 1,395,697 | SC 13G/A | |
| Feb 01, 2021 | blackrock inc. | 7.9% | 4,281,563 | SC 13G/A | |
| Feb 12, 2020 | managed account advisors llc | 5.1% | 2,793,972 | SC 13G | |
| Feb 12, 2020 | vanguard group inc | 11.34% | 6,223,315 | SC 13G/A | |
| Feb 06, 2020 | blackrock inc. | 8.3% | 4,544,393 | SC 13G/A |
SNA Fair Value
Snap-On fair value in different scenarios
The table shows the Fair Value estimates for Snap-On for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 195.80 -17.47% | 288.81 21.73% | 343.92 44.96% | 417.16 75.83% | 491.30 107.08% |
| Current Inflation | 165.32 -30.32% | 222.77 -6.10% | 281.69 18.73% | 346.31 45.97% | 398.98 68.17% |
| Very High Inflation | 163.19 -31.22% | 226.53 -4.52% | 259.80 9.50% | 309.29 30.36% | 357.56 50.71% |
Historical Snap-On Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Snap-On
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 10, 2023 | ARS | ARS | |
| Mar 10, 2023 | DEF 14A | DEF 14A | |
| Mar 08, 2023 | 4 | Insider Trading | |
| Mar 03, 2023 | 4 | Insider Trading | |
| Feb 13, 2023 | 4 | Insider Trading | |
| Feb 13, 2023 | 4 | Insider Trading | |
| Feb 13, 2023 | 4 | Insider Trading | |
| Feb 13, 2023 | 4 | Insider Trading | |
| Feb 13, 2023 | 4 | Insider Trading | |
| Feb 13, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for SNA
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-08 | Daniel Karen L | sold | -502,057 | 245 | -2,046 | - |
2023-03-03 | Lemerand June C | sold | -528,036 | 249 | -2,120 | vp & chief information officer |
2023-03-03 | Lemerand June C | acquired | 312,068 | 147 | 2,120 | vp & chief information officer |
2023-02-10 | LEHMAN WILLIAM DUDLEY | sold | -90,111 | 248 | -363 | - |
2023-02-09 | Ward Thomas J | acquired | - | - | 4,462 | sr vp & president - rs&i group |
2023-02-09 | Arregui Jesus | sold (taxes) | -238,542 | 249 | -957 | sr vp & president - commercial |
2023-02-09 | Chambers Timothy L | sold (taxes) | -296,619 | 249 | -1,190 | sr vp & pres - tools |
2023-02-09 | Sherrill Gregg M | acquired | - | - | 640 | - |
2023-02-09 | Chambers Timothy L | acquired | - | - | 2,530 | sr vp & pres - tools |
2023-02-09 | Arregui Jesus | acquired | - | - | 2,530 | sr vp & president - commercial |
Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide. It operates through Commercial & Industrial Group, Snap-on Tools Group, Repair Systems & Information Group, and Financial Services segments. The company offers hand tools, including wrenches, sockets, ratchet wrenches, pliers, screwdrivers, punches and chisels, saws and cutting tools, pruning tools, torque measuring instruments, and other products; power tools, such as cordless, pneumatic, hydraulic, and corded tools; and tool storage products comprising tool chests, roll cabinets, and other products. It also provides handheld and computer-based diagnostic products, service and repair information products, diagnostic software solutions, electronic parts catalogs, business management systems and services, point-of-sale systems, integrated systems for vehicle service shops, original equipment manufacturer purchasing facilitation services, and warranty management systems and analytics. In addition, the company offers solutions for the service of vehicles and industrial equipment that include wheel alignment equipment, wheel balancers, tire changers, vehicle lifts, test lane equipment, collision repair equipment, vehicle air conditioning service equipment, brake service equipment, fluid exchange equipment, transmission troubleshooting equipment, safety testing equipment, battery chargers, and hoists, as well as after-sales support services and training programs. Further, it provides financing programs to facilitate the sales of its products and support its franchise business. The company serves the aviation and aerospace, agriculture, construction, government and military, mining, natural resources, power generation, and technical education industries, as well as vehicle dealerships and repair centers. Snap-on Incorporated was founded in 1920 and is based in Kenosha, Wisconsin.
SNA Income Statement
2022-10-01CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (Unaudited) - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Oct. 01, 2022 | Oct. 02, 2021 | Oct. 01, 2022 | Oct. 02, 2021 | |
| Net sales | $ 1,189.8 | $ 1,125.0 | $ 3,598.3 | $ 3,406.5 |
| Operating earnings | 289.9 | 271.9 | 895.3 | 824.1 |
| Interest expense | (11.8) | (13.2) | (35.1) | (41.8) |
| Other income (expense) – net | 13.1 | 3.7 | 30.7 | 11.4 |
| Earnings before income taxes and equity earnings | 291.2 | 262.4 | 890.9 | 793.7 |
| Income tax expense | (61.7) | (60.9) | (201.5) | (182.9) |
| Earnings before equity earnings | 229.5 | 201.5 | 689.4 | 610.8 |
| Equity earnings, net of tax | 0.0 | 0.0 | 0.0 | 1.5 |
| Net earnings | 229.5 | 201.5 | 689.4 | 612.3 |
| Net earnings attributable to noncontrolling interests | (5.6) | (5.3) | (16.6) | (15.5) |
| Net earnings attributable to Snap-on Incorporated | $ 223.9 | $ 196.2 | $ 672.8 | $ 596.8 |
| Net earnings per share attributable to Snap-on Incorporated: | ||||
| Basic (in dollars per share) | $ 4.21 | $ 3.65 | $ 12.62 | $ 11.05 |
| Diluted (in dollars per share) | $ 4.14 | $ 3.57 | $ 12.41 | $ 10.83 |
| Weighted-average shares outstanding: | ||||
| Basic (in shares) | 53,212,751 | 53,815,091 | 53,307,241 | 54,016,988 |
| Effect of dilutive securities (in shares) | 937,026 | 1,061,678 | 926,291 | 1,083,808 |
| Diluted (in shares) | 54,149,777 | 54,876,769 | 54,233,532 | 55,100,796 |
| Dividends declared per common share (in dollars per share) | $ 1.42 | $ 1.23 | $ 4.26 | $ 3.69 |
| Total net sales | ||||
| Net sales | $ 1,102.5 | $ 1,037.7 | $ 3,336.9 | $ 3,143.7 |
| Cost of goods sold | (569.9) | (517.0) | (1,716.5) | (1,566.3) |
| Gross profit | 532.6 | 520.7 | 1,620.4 | 1,577.4 |
| Operating expenses | (309.1) | (319.4) | (927.2) | (958.1) |
| Operating earnings | 223.5 | 201.3 | 693.2 | 619.3 |
| Financial services revenue | ||||
| Net sales | 87.3 | 87.3 | 261.4 | 262.8 |
| Cost of goods sold | (20.9) | (16.7) | (59.3) | (58.0) |
| Operating earnings | $ 66.4 | $ 70.6 | $ 202.1 | $ 204.8 |
SNA Balance Sheet
2022-10-01CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions | Oct. 01, 2022 | Jan. 01, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 759.3 | $ 780.0 |
| Trade and other accounts receivable – net | 739.0 | 682.3 |
| Finance receivables and contract receivables - net | 670.8 | 652.7 |
| Inventories – net | 955.1 | 803.8 |
| Prepaid expenses and other assets | 145.4 | 134.6 |
| Total current assets | 3,269.6 | 3,053.4 |
| Property and equipment: | ||
| Property and equipment – gross | 1,484.9 | 1,527.4 |
| Accumulated depreciation and amortization | (994.8) | (1,009.2) |
| Property and equipment – net | 490.1 | 518.2 |
| Operating lease right-of-use assets | 52.0 | 51.9 |
| Deferred income tax assets | 66.3 | 49.5 |
| Long-term finance receivables and contract receivables - net | 1,505.3 | 1,492.2 |
| Goodwill | 1,010.6 | 1,116.5 |
| Other intangibles – net | 271.3 | 301.7 |
| Other assets | 170.3 | 176.3 |
| Total assets | 6,835.5 | 6,759.7 |
| Current liabilities: | ||
| Notes payable | 17.7 | 17.4 |
| Accounts payable | 305.3 | 277.6 |
| Accrued benefits | 60.5 | 67.4 |
| Accrued compensation | 86.0 | 114.8 |
| Franchisee deposits | 83.3 | 80.7 |
| Other accrued liabilities | 440.7 | 424.3 |
| Total current liabilities | 993.5 | 982.2 |
| Long-term debt | 1,183.6 | 1,182.9 |
| Deferred income tax liabilities | 93.7 | 122.7 |
| Retiree health care benefits | 28.9 | 31.1 |
| Pension liabilities | 70.5 | 104.9 |
| Operating lease liabilities | 36.5 | 34.2 |
| Other long-term liabilities | 89.3 | 97.9 |
| Total liabilities | 2,496.0 | 2,555.9 |
| Commitments and contingencies | ||
| Shareholders’ equity attributable to Snap-on Incorporated: | ||
| Preferred stock (authorized 15,000,000 shares of $1 par value; none outstanding) | 0.0 | 0.0 |
| Common stock (authorized 250,000,000 shares of $1 par value; issued 67,444,910 and 67,438,129 shares, respectively) | 67.4 | 67.4 |
| Additional paid-in capital | 493.6 | 472.7 |
| Retained earnings | 6,144.0 | 5,699.9 |
| Accumulated other comprehensive loss | (582.3) | (343.9) |
| Treasury stock at cost (14,290,423 and 14,008,479 shares, respectively) | (1,805.5) | (1,714.2) |
| Total shareholders’ equity attributable to Snap-on Incorporated | 4,317.2 | 4,181.9 |
| Noncontrolling interests | 22.3 | 21.9 |
| Total equity | 4,339.5 | 4,203.8 |
| Total liabilities and equity | 6,835.5 | 6,759.7 |
| Land | ||
| Property and equipment: | ||
| Property and equipment – gross | 31.0 | 33.8 |
| Buildings and improvements | ||
| Property and equipment: | ||
| Property and equipment – gross | 407.2 | 434.4 |
| Machinery, equipment and computer software | ||
| Property and equipment: | ||
| Property and equipment – gross | 1,046.7 | 1,059.2 |
| Finance Receivables | ||
| Current assets: | ||
| Finance receivables and contract receivables - net | 558.0 | 542.3 |
| Property and equipment: | ||
| Long-term finance receivables and contract receivables - net | 1,129.3 | 1,114.0 |
| Contract Receivables | ||
| Current assets: | ||
| Finance receivables and contract receivables - net | 112.8 | 110.4 |
| Property and equipment: | ||
| Long-term finance receivables and contract receivables - net | $ 376.0 | $ 378.2 |