Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
Snap-on, Inc. (NYSE: SNA) closed the day trading at $261.76 down -7.67% from the previous closing price of $283.50. In other words, the price has decreased by -$7.67 from its previous closing price. On the day, 0.86 million shares were traded. SNA stock price reached its highest trading level at $273.67 during the session, while it also had its lowest trading level at $261.33.
Ratios:
For a better understanding of SNA, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.49. For the most recent quarter (mrq), Quick Ratio is recorded 2.83 and its Current Ratio is at 3.82. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.24.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, ROTH MKM on July 17, 2023, Reiterated its Buy rating but revised its target price to $324 from $298 previously.
ROTH MKM Upgraded its Neutral to Buy on May 18, 2023, whereas the target price for the stock was revised from $278 to $298.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 28 ’24 when Miller Richard Thomas sold 704 shares for $298.16 per share. The transaction valued at 209,905 led to the insider holds 3,213 shares of the business.
PINCHUK NICHOLAS T sold 23,514 shares of SNA for $6,759,767 on Mar 19 ’24. The Chairman, President and CEO now owns 742,383 shares after completing the transaction at $287.48 per share. On Mar 04 ’24, another insider, Banerjee Anup R, who serves as the Sr VP & Chief Devel. Officer of the company, sold 12,397 shares for $283.13 each. As a result, the insider received 3,509,995 and left with 11,420 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SNA now has a Market Capitalization of 13830980608 and an Enterprise Value of 15246389248. As of this moment, Snap-on,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.74, and their Forward P/E ratio for the next fiscal year is 13.06. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.70 while its Price-to-Book (P/B) ratio in mrq is 2.68. Its current Enterprise Value per Revenue stands at 2.985 whereas that against EBITDA is 10.61.
Stock Price History:
Over the past 52 weeks, SNA has reached a high of $298.49, while it has fallen to a 52-week low of $239.08. The 50-Day Moving Average of the stock is -7.90%, while the 200-Day Moving Average is calculated to be -5.02%.
Shares Statistics:
Over the past 3-months, SNA traded about 325.06K shares per day on average, while over the past 10 days, SNA traded about 354750 shares per day. A total of 52.69M shares are outstanding, with a floating share count of 51.78M. Insiders hold about 2.01% of the company’s shares, while institutions hold 89.30% stake in the company. Shares short for SNA as of 1711584000 were 2345806 with a Short Ratio of 7.22, compared to 1709164800 on 1936277. Therefore, it implies a Short% of Shares Outstanding of 2345806 and a Short% of Float of 5.1799998.
Dividends & Splits
SNA’s forward annual dividend rate is 6.96, up from 6.72 a year ago. The stock’s 5-year Average Dividend Yield is 2.49.
Earnings Estimates
The dynamic stock of Snap-on, Inc. (SNA) is currently being evaluated by a team of Snap Inc. analysts, each contributing to its current rating.The consensus estimate for the next quarter is $32.61, with high estimates of $4.75 and low estimates of $0.92.
EPS for the following year is $ETF, with Stocks analysts recommending between $Stocks and $Stocks.
