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, which equates to a potential upside of 33.03 percent. The most pessimistic analyst gave a price target of 128, which equates to a potential downside of -16.94 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0.61 percent. That number becomes 0.2 percent if we expand the time horizon to include the past 3 months instead of just one. 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 have revised their quarterly estimates upwards in the past 30 days, while 3 analysts revised their estimates downwards. 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. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. 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.

In the trailing 52-weeks, SNA hit 181.73 at the highest peak, while it's lowest trading point was 145.17. The current market price is above the trailing year's low by 6.15 percent, and 15.2 percent below the high. 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 stock has a market capitalization of $8.64 billion. SNA is estimated to release their earnings results for the quarter on 0000-00-00, days from today.