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.

A number of analysts gave price targets for SNA. The maximum price target given was 205, implying a possible profit of 33.03 percent. The lowest price target was 128, implying a possible loss of -16.94 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 0.61 percent on average, compared to last month. That number becomes 0.2 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0.8 percent. If we look at the last 90 days instead, we find a net average change of 0.65 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 3 analysts revised their estimates downwards. Over the same time period, 5 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

SNA has an estimated earnings growth rate of 7.15 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. SNA has a PEG ratio of 2.22.

SNA has traded between a high of 181.73 and a low of 145.17 over the past year. Currently the stock is 6.15 percent higher than its low, 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 will post this quarters earnings in days, on 0000-00-00.