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Fundamentals for Snap-on Incorporated
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Fundamentals for Snap-on Incorporated
Business Operations:
Sector: IndustrialsIndustry: Tools & Accessories
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, such as wrenches, sockets, ratchet wrenches, pliers, screwdrivers, punches and chisels, saws and cutting tools, pruning tools, torque tools, and other similar products; power tools, including cordless, pneumatic, and hydraulic and corded tools; impact wrenches, ratchets, screwdrivers, drills, sanders, and grinders. It also provides tool chests and roll cabinet stool storage products; facility-level tool control and asset management hardware and software; diagnostics, information, and management systems product comprising 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, OEM purchasing facilitation services, and warranty management systems and analytics to help OEM dealerships manage and track performance. In addition, the company offers heel 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; and training programs and after-sales support. It serves the vehicle service and repair, and industrial sectors through mobile van channel, company direct sales, distributors, and digital commerce. Snap-on Incorporated was incorporated in 1920 and is based in Kenosha, Wisconsin.
Revenue projections:
Snap-on Incorporated is projected to see lower revenues than in the previous year, a trend that usually concerns investors. Declining revenues often harm a company's profitability, leading investors to exercise caution as they weigh the potential risks of continued financial downturns.
Financial Ratios:
| currentRatio | 3.528000 |
|---|---|
| forwardPE | 17.474995 |
| debtToEquity | 21.731000 |
| earningsGrowth | 0.040000 |
| revenueGrowth | 0.052000 |
| grossMargins | 0.516160 |
| operatingMargins | 0.245660 |
| trailingEps | 19.390000 |
| forwardEps | 21.295000 |
SNA's current ratio, being 3.528, demonstrates that the company has the liquidity necessary to service its short-term debt. With strong cash reserves and current assets, SNA is well-equipped to meet its immediate financial obligations without any difficulties.
SNA's Forward PE is in a reasonable range, indicating the stock is priced well relative to its earnings. The stock isn't overpriced, which leaves room for future growth, making it an attractive option for investors seeking value and long-term gains.
SNA's low Debt-to-Equity ratio suggests the company is minimally leveraged, with limited reliance on debt to finance its operations. This reduced financial risk positions the company for greater stability and financial health, appealing to investors who value conservative financial management.
SNA's positive gross and operating margins suggest the company is performing profitably. These margins reflect efficient cost management and strong revenue generation, signaling healthy financial performance and operational effectiveness.
SNA's forward EPS surpasses its trailing EPS, indicating that the company is expected to be more profitable in the current financial year. This reflects growing confidence in SNA's earnings potential, suggesting stronger financial performance compared to the previous year.
Price projections:
Over time, price projections for SNA have gradually risen, signaling growing optimism about the company's future. This upward revision reflects increasing confidence in SNA's ability to achieve strong financial results.
Insider Transactions:
17 Snap-on Incorporated transactions were recorded, when the market price was 349.66588098862593.Throughout the period under consideration, no sell transactions were recorded.The higher volume of buys compared to sells near current SNA price levels may suggest optimism among investors. This could point to a favorable market outlook, as more people are willing to invest at these prices, anticipating potential future growth or strong performance.
Recommendation changes over time:
Analysts have maintained a buy bias for Snap-on Incorporated, which could prompt investors to consider the stock as a viable investment. With this positive outlook, Snap-on Incorporated is positioned as an attractive option for those looking to park their money in a stable and potentially lucrative company.
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