Snap-on (NYSE:SNA) is scheduled to be releasing its earnings data before the market opens on Thursday, April 19th. Analysts expect Snap-on to post earnings of $2.66 per share for the quarter.

Snap-on (NYSE:SNA) last released its quarterly earnings data on Thursday, February 8th. The company reported $2.69 EPS for the quarter, topping the consensus estimate of $2.66 by $0.03. Snap-on had a return on equity of 20.54% and a net margin of 15.13%. The company had revenue of $974.60 million during the quarter, compared to the consensus estimate of $940.50 million. During the same period last year, the company earned $2.47 EPS. Snap-on’s revenue for the quarter was up 9.5% on a year-over-year basis. On average, analysts expect Snap-on to post $11 EPS for the current fiscal year and $12 EPS for the next fiscal year.

How to Become a New Pot Stock Millionaire

NYSE SNA opened at $147.06 on Tuesday. Snap-on has a one year low of $140.83 and a one year high of $185.47. The stock has a market capitalization of $8,256.32, a P/E ratio of 14.53, a price-to-earnings-growth ratio of 1.23 and a beta of 1.16. The company has a quick ratio of 1.24, a current ratio of 1.78 and a debt-to-equity ratio of 0.25.

Several research firms recently commented on SNA. Zacks Investment Research downgraded Snap-on from a “buy” rating to a “hold” rating in a report on Friday, January 12th. Robert W. Baird reiterated a “buy” rating and issued a $220.00 price objective (up from $184.00) on shares of Snap-on in a report on Monday, January 29th. They noted that the move was a valuation call. B. Riley reiterated a “buy” rating and issued a $205.00 price objective on shares of Snap-on in a report on Thursday, January 4th. Finally, Barrington Research reiterated a “buy” rating on shares of Snap-on in a report on Thursday, March 8th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $190.86.

In other Snap-on news, SVP Thomas L. Kassouf sold 96,000 shares of the business’s stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $160.40, for a total transaction of $15,398,400.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director William Dudley Lehman sold 387 shares of the business’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $160.60, for a total value of $62,152.20. Following the sale, the director now owns 8,376 shares of the company’s stock, valued at $1,345,185.60. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 104,995 shares of company stock valued at $16,839,572. Corporate insiders own 4.00% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: “Snap-on (SNA) Set to Announce Quarterly Earnings on Thursday” was posted by Daily Political and is owned by of Daily Political. If you are reading this news story on another domain, it was stolen and republished in violation of U.S. & international trademark & copyright law. The original version of this news story can be read at https://www.dailypolitical.com/2018/04/17/snap-on-sna-set-to-announce-quarterly-earnings-on-thursday.html.

Snap-on Company Profile

Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide. The company operates through Commercial & Industrial Group, Snap-on Tools Group, Repair Systems & Information Group, and Financial Services segments.

Earnings History for Snap-on (NYSE:SNA)

Receive News & Ratings for Snap-on Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Snap-on and related companies with MarketBeat.com's FREE daily email newsletter.