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Seeking Alpha News (Sat, 11-May 10:00 AM ET)
Snap-on to Present at Oppenheimer 19th Annual Industrial Growth Conference
Business Wire (Tue, 30-Apr 9:00 AM ET)
Snap-on Incorporated Declares Quarterly Dividend
Business Wire (Thu, 25-Apr 4:30 PM ET)
Snap-on Announces First Quarter 2024 Results
Business Wire (Thu, 18-Apr 6:30 AM ET)
Snap-on Incorporated to Webcast 2024 Annual Shareholder Meeting
Business Wire (Thu, 11-Apr 9:00 AM ET)
Snap-on Incorporated to Webcast 2024 First Quarter Results Conference Call
Business Wire (Thu, 4-Apr 8:00 AM ET)
Snap-on to Present at BofA Securities and Roth Investor Conferences
Business Wire (Mon, 4-Mar 5:13 PM ET)
Snap-on manufactures premium tools and software for repair professionals. Hand tools are sold through a franchisee-operated mobile van network that serve auto technicians who purchase tools at their own expense. A unique element of its business model is that franchisees bear significant risk, as they must invest in the mobile van, inventory, and software. At the same time, franchisees extend personal credit directly to technicians on an individual tool basis. Snap-on currently operates three segments: repair systems and information, commercial and industrial, and tools. Its finance arm provides financing to franchisees to run their operations, which includes offering loans and leases for mobile vans.
Snap-On trades on the NYSE stock market under the symbol SNA.
As of May 13, 2024, SNA stock price declined to $280.47 with 38,066 million shares trading.
SNA has a beta of 0.90, meaning it tends to be less sensitive to market movements. SNA has a correlation of 0.25 to the broad based SPY ETF.
SNA has a market cap of $14.78 billion. This is considered a Large Cap stock.
Last quarter Snap-On reported $1 billion in Revenue and $4.75 earnings per share. This fell short of revenue expectation by $-18 million and exceeded earnings estimates by $.11.
In the last 3 years, SNA stock traded as high as $298.49 and as low as $190.08.
The top ETF exchange traded funds that SNA belongs to (by Net Assets): VTI, VOO, SCHD, VO, RDVY.
SNA stock has underperformed the market in the last year with a return of +11.9%, while SPY returned +27.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in SNA shares. However, SNA has outperformed the market in the last 3 month and 2 week periods, returning +7.6% and +3.6%, while SPY returned +4.3% and +2.5%, respectively. This indicates SNA has been having a stronger performance recently.
SNA support price is $277.90 and resistance is $283.92 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SNA stock will trade within this expected range on the day.