Analyst Ratings for Snap-On Inc. (SNA)

Updated: 2017-07-27

Shares of Snap-On Inc. (NYSE:SNA) have received a consensus rating of Overweight from Wall Street analysts. A consensus rating of Overweight was previously issued for SNA last month.

A buy rating was issued by 4 analysts, 3 issued an overweight rating, 3 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an decrease of 1 in the number of analysts with a negative outlook on the stock.

Many analysts weighed in on price targets for SNA. The maximum price target given was 205, implying a possible profit of 33.03 percent. The minimum price target given was 128, implying potential capital losses of -16.94 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0.61 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 0.2 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.8 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.65 percent.

People are often interested in whether analysts were united in the direction of their revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 3 analysts made negative revisions. During this time, 5 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of SNA to grow at a rate of 7.15 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. SNA has a PEG ratio of 2.22.

SNA has a 52-week high of 181.73 and a 52-week low of 145.17. The current market price is above the trailing year's low by 6.15 percent, and 15.2 percent lower than its 52-week high. SNA has a price/earnings ratio of 15.89. Investors typically compare the P/E ratio to a company's peers in the industry. The SNA value stock report compares SNA to some of its peers using value stock charts. The market cap of SNA is $8.64 billion. SNA's next earnings release will be on 0000-00-00, which is days away.