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.

Investment analysts gave a few price targets for SNA. The maximum price target given was 205, implying a possible profit of 33.03 percent. The most pessimistic price target was 128, implying a possible loss of -16.94 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.61 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0.2 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.8 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.65 percent.

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 made negative revisions. During this time, 5 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of SNA's earnings is estimated by analysts to be 7.15 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, 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, 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.

In the last 52-weeks, SNA has achieved a high of 181.73 and a low of 145.17. The current market price is above the trailing year's low by 6.15 percent, and below the high by 15.2 percent. SNA has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.